AGP Executive Report
Last update: 6 hours agoSpain’s Housing Flashpoint: Housing has become a defining issue ahead of Spain’s November 29 snap election. Protests intensified after the eviction and death of 87-year-old Maricarmen Abascal, whose rent soared after an investment fund bought her building. Affordable Housing Finance: Ghana plans to mobilise long-term cedi funding from banks, pension funds and insurers, while broadening options beyond homeownership to include affordable rentals and rent-to-own. Investment: Institutional investment in Indian real estate rose 39% to $5.9 billion in January–September, and Brookfield acquired an Indian property portfolio from ESR. In the UK, PATRIZIA pledged £1 billion for essential housing. Market Conditions: US 30-year mortgage rates reached 7.4%, the highest in nearly three years, while higher rate expectations are also weighing on UK buyers.
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