Experts debate the National Housing Bank's potential to alleviate housing shortages and reduce price pressure. Concerns raised about red tape, stamp duty, and actual implementation vs. headlines.
UK commercial property shows signs of recovery with attractive yields and discounts. Focus on retail, multi-let industrial, and alternative assets. Schroders forecasts 8-10% annual returns. Key players: Land Stocks, British Land.
eXp expands to Turkey, The Agency opens in Vancouver. Plus, moves by Compass, Coldwell Banker, Douglas Elliman, Engel & Völkers, Century 21 & FirstTeam mark realty market growth.
But its analyst, Robin Savage, notes that the valuation “includes substantial net cash” (£35 million at the end of 2023) and the recent first-half results “provide evidence supporting our view that LSL’s operating performance will materially improve in 2024 and 2025”.
