Akan T. Rajah

Akan T. Rajah

Blog by Akan T. Rajah

How Commercial Real Estate Companies Are Looking to Fight Empty Spaces 
With the pandemic, the commercial real estate industry is suffering from a lack of tenants. Many markets around the world are witnessing decades-high vacancy rates, and the challenge for them to stay afloat is innovate. So, what are real estate businesses doing?
24.01.21 08:31 PM - Comment(s)
Saudi Arabia's 2030 Red Sea Project: Effects on Real Estate 
Saudi Arabia’s 2030 Red Sea project is anything but modest. The new luxury destination isn’t just great for pandemic recovery or for the tourism industry but for real estate as well. So, how will real estate in the region be shaped?
19.01.21 09:00 AM - Comment(s)
Controlling Back-Office Costs in Commercial Real Estate Management

Commercial real estate management teams are under pressure to control expenses and operate efficiently. These goals can be challenging to balance; and understandably, teams may prefer to tackle everything in-house out of concern for data security and control.

“Managing a property is much more complex...

18.01.21 09:00 AM - Comment(s)
Real Estate Investment Trusts Continue Their Development Plans 
Dream Office REIT is moving ahead with their extension plans and is betting big on the future of Downtown Toronto. The major Canadian developer aims to build a 310 sqm and residential complex situated right on the edge of the financial district. You can find out more details about it here.
13.01.21 08:24 PM - Comment(s)
It's Going to Take a While for Things to Get Back to Normal 
The Bank of Canada estimates that the national economy of Canada won’t return to pre-COVID levels until at least 2023. The problem, according to the BOC, is that there is a gap between the actual and potential workforce output, and it will remain so for at least a couple more years.
13.01.21 08:14 PM - Comment(s)
New Zealand Presents a Hot Property Market Towards COVID Recovery
As COVID-19 seems to come near to its end, not everything is positive for everyone, and New Zealand’s market seems to represent this reality. Its quick COVID recovery has bred the ideal ground for financial development, but that’s also translating into constantly-rising house prices.
13.01.21 07:38 PM - Comment(s)
Surprising Peak for Investment in Real Estate: A 2020 Review
While most people wish to forget about this year, 2020 actually peaked in the economic cycle for real estate investment. 2021 looks promising for recovery, but how fast that will happen is still up for debate.
13.01.21 07:26 PM - Comment(s)
Singapore Might Become a Safe Haven for Real Estate Investment Thanks to COVID-19
The coronavirus crisis sent most of the world into a downward spiral in many ways. For Singapore, apparently. Its effective approach to handling the outbreak has been the main topic for many researchers, but it’s also the origin of an ideal real estate market.
13.01.21 07:26 PM - Comment(s)
UK Property Market To Kick Off 2021 With Strength, According To Experts
The property market has been an interesting ride during COVID all around the world. Despite occupancy issues for both commercial and residential properties, investment in this sector has proved not to be a bad idea. 2021 might kick off with a promising bang for the property market.
13.01.21 03:41 PM - Comment(s)
Interesting Predictions for Australian Real Estate After the COVID Crisis
As restrictions begin to give way again, the real impact of COVID-19 in the long-term is still a mystery. Some of the most intriguing expectations for Australia include hard hits for the medium-term, but some markets might perform better than you may believe.
13.01.21 11:38 AM - Comment(s)
Possible Post-Pandemic Boom For US Real Estate 
The COVID crisis has impacted the US housing market in surprising ways since the first concerns arose. With the vaccine approaching, returning to normality is an excellent fuel for boosting property sales, yet not all cities will benefit similarly.
11.01.21 09:00 AM - Comment(s)
6 Reported Rental Trends You Might Want to Keep in Mind For 2021 
The rental market for 2020 has been unpredictable, to say the least. Both challenges and surprisingly positive numbers have been responsible for one of the most apparently volatile markets in the world. What might 2021 have in store?
08.01.21 06:13 PM - Comment(s)
Senior Living Business in Times of COVID-19
The public opinion about senior living is changing in the wake of COVID-19. The pandemic has taken a significant toll on nursing and seniors homes, recording many deaths. 43% of all demises due to coronavirus in Canada occurred in the long-term care population.
26.10.20 02:07 PM - Comment(s)
Innovative Proptech for Post Pandemic World
The COVID-19 may have turned 2020 upside down, but it has also sowed innovations in the real estate market. Back in the day, Proptech companies were struggling to survive and find funding. Then came 2019, the breakout year for Proptech.
14.10.20 06:04 PM - Comment(s)
Rules and Regulations Around the World for Reopening Buildings 
The pandemic doesn't seem to end anytime soon. Many countries are now grappling with the prospect of a second coronavirus wave. The U.K. may be heading for a second lockdown. The province of Quebec in Canada has already introduced a second lockdown spanning 28 days from September 29
05.10.20 09:15 AM - Comment(s)

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