The year 2021 was marked by a dramatic drop in the value of the state's real estate. Until December 2020, the State had a gross value of about MT 590.6 billion in real estate. In December 2021 this value dropped to 476.6 billion MT, a reduction of about 113.96 billion MT...
China's real estate is recovering from a slump triggered by a campaign to reduce the sector's debt levels, the vice chairman of China's central bank said today, following a wave of defaults. Pan Gongsheng mentioned Evergrande Group, the world's most indebted builder, but offered no details on efforts...
Portugal on Thursday announced a package of measures to combat a housing crisis, including an end to its controversial "Golden Visa" program and a ban on new licenses for Airbnbs and other short-term vacation rental contracts. Rents and house prices have risen too much in Portugal,...
Monumental Paris continues to be the most sought-after city in world tourism, according to the latest ranking of euro monitor international. It is also the favorite city of the super-rich, those whose assets exceed 30 million dollars, and there are a little less than 400,000 of them worldwide. In Paris, home purchases...
The Fund for Housing Development (FFH) is seeking funds for the materialization of housing projects throughout the country. For the feasibility of the initiative, in the next 18 months, the institution needs one billion meticais, according to Armindo Munguambe, Chairman of the Board of Directors (PCA) of the FFH, a Government institution. Speaking to ?NotÃcias?
Standard Bank has succeeded in creating a multi-million dollar sustainability-linked debt refinancing facility the Grit Real Estate Income Group. The sustainability-linked term loan and revolving credit facility, worth up to $306 million, is considered the largest of its kind to date for the sector...
Botswana President Mokgweetsi Masisi on Wednesday ordered the start of operations at a hard coal mine that is expected to produce about 1.4 million tons per year. "Botswana must take advantage of this opportune moment that has presented itself to us, to fully exploit this resource to feed emerging and diversified markets," Masisi said. From.
The Government and the potential Strategic Investors pre-qualified for the selection of the partner that will develop the Mphanda Nkuwa Hydropower project and associated infrastructures of energy transport will today hold a conference in Maputo. According to Radio Mozambique, which cites a document, it indicates that the session aims to present clarifications...
The inauguration of two buildings of the ministries of Justice, Constitutional and Religious Affairs, and Mineral Resources and Energy is part of the reform of the public administration system, to increase the efficiency, effectiveness, quality and dignity of the services provided to the public. This consideration was presented by the President of the Republic, Filipe Nyusi, in his speech...
China's major construction companies are failing to generate enough cash to meet their obligations, according to an analysis of their results, suggesting a worsening liquidity crisis in the country's property sector. Net profits of construction companies fell by an average of 188% in the first six months of 2022, year-on-year, from...
