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[Sponsored Article] London has remained a firm favorite of Hong Kong property buyers all through the UK's difficult financial year , with the struggling pound offering substantial discounts to overseas investors. This interest is partly because of the housing bargains springing up in newly regenerated areas of the British capital, such as Nine Elms and Canary Wharf. However, it's London's famous central boroughs that offer the greatest returns for serious investors, with house prices set to surge over the next few years. Westminster is one such prime location. One of London's most historic and well-connected boroughs, house prices in SW1 are expected to rise by 31.9 percent by 2021 according to Barclays research , making Westminster one of the UK's fastest growing areas . With Westminster real estate already commanding some of the highest prices in London, this increase represents significant profit margins for buy-to-sell investors. Royal living style For m...

Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg" title="Indians spent an average of £1.77 million for a Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg" class="img-responsive" /> Indians spent an average of £1.77 million for a Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg Bengaluru: Indians are the second largest buyers of property in central London , accounting for 22% of sales in the year to August, pushing buyers from West Asia to the third slot (at 21%), according to property investment advisory London Central Portfolio ’s (LCP) latest sales audit . South- East Asian buyers took the top spot, accounting for 36% of all purchases. Interestingly, Indians also spent more per house. They accounted for one-third of the total spend, with an average purchase price of £1.77 million, slightly higher tha...

The kind folks at the Orange County chapter of the Building Industry Association were nice enough to invite me to join a recent panel on local housing market conditions . I decided an early- morning seminar required a quick start, so I offered the audience of industry insiders and local elected officials a “pop quiz” on some housing supply and affordability trends. The theme to my questions was that decades of rising housing costs aren ’t as out of line with monetary sanity as one might think. That reality check doesn ’t make it any financially less challenging to live here, but I think it does give policymakers some leeway when seeking cures to local housing hurdles . So here are my 10 questions that say a lot of about limited affordable housing options . #1: Relative value? Q: In past 30 years, Orange County home prices have increased five-fold while inflation has just doubled. Not a shabby return for owners. But, how did the Dow Jones industrial average do, better or worse? A...

It was only four years ago that Africa’s richest square mile became the destination of choice for SA’s major financial firms , sparking the largest commercial property development boom of the decade. Corporates including Investec , Nedbank, RMB and the JSE were the early movers into Sandton during the 2000s, and several firms have since followed suit. Sasol, Webber Wentzel, Alexander Forbes, EY, and Bowman Gilfillan have anchored their main offices in Sandton in recent years while Discovery and Old Mutual Emerging Markets will soon pile into the area. Property developers believe the catalyst for Sandton was the advent of rapid rail system Gautrain in 2010, which unleashed billions of rands in office, retail and residential property developments . Over the last three years, developers launched high - rise luxury apartments , piggy-backing on the relocation of corporates into the area that would, in theory, create demand from buyers who desired to live closer to work. However, the s...

Local investors beware: Central Pennsylvania is on the map for outside groups looking for higher returns. Last month, The Solomon Organization , a New Jersey-based operator of multifamily properties, closed on a $25.7 million purchase of the newly built Ivy Ridge Apartments in Swatara Township . That price — $117,913 per unit — is the highest in the Harrisburg market this year. It also marked the company's first foray into the Harrisburg area after landing in Lancaster County six years ago. It owns six communities in Lancaster County and more than 1,200 units. "Two years ago, you said 'Harrisburg' and people would just hang up the phone," said Zachary Pierce, director of the National Multi Housing Group in Philadelphia for Marcus & Millichap Real Estate Investment Services . Outside investors were interested only in primary markets such as New York City and Washington, D.C., and maybe Philadelphia, he said. But as prices have shot up in those prime areas, th...

US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...