Indo-Canadian Voice Realty - Dec 28 2019

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Saturday, Dec 28, 2019

Volume 28 Number 52

Phone: 604-502-6100

Fax: 604-501-6111 Email: voicerealtyads@gmail.com

Daiwa to Expand Real Estate Trust Business as Low Rates Persist Daiwa Securities Group Inc. is expanding its real estate investment trust business as low interest rates continue to drive investors into domestic property funds. Japan’s second-biggest brokerage is preparing to start a new private-placement REIT and considering having existing trusts issue new shares to raise money for expansion, said Toshio Fukushima, president of its Daiwa Real Estate Asset Management Co. unit. Fukushima said he expects the combined assets of real estate investment trusts under his firm’s management will increase to more than 1 trillion yen ($9.1 billion) next year from around 900 bil-

lion yen as of September. The company currently oversees five REITs. “We are looking to increase our assets for the time being because it is quite possible that more money is waiting to flow into the market,” Fukushima said in an interview. Buying REITs from other companies is one option to bolster assets, he said, while noting that decisions involving acquisitions are up to the parent company. Japan’s exchange-traded REITs are hovering near 12-year highs as institutional investors seek returns to make up for negative yields on government bonds. Banks have extended a record 80 trillion yen in loans to the real estate sector, cen-

tral bank figures show, as office vacancies shrink and property prices rise. Daiwa Real Estate Asset plans to merge two of the five REITs – Japan Rental Housing Invest-

ments Inc. and Nippon Healthcare Investment Corp. – in April next year as part of efforts to strengthen its business, according to statements last month. (Bloomberg)

Manufacturers Of Quality Cabinetry “Celebrating 30 years in Business” Sohan Singh Bhogal

Single Family Homes Multi Family Projects Hi-rise Apartments

Ph: (604) 597-0364 • Fax: (604) 597-2638

13375 comber way, Surrey, BC V3W 5V8 Canada, www.sunrisekitchens.com info@sunrisekitchens.com


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Saturday, Dec. 28, 2019

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LOOKING FOR

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I SPECIALIZE IN : • Residential mortgages Purchases and refinances • Commercial mortgages • Self-employed programs • New to Canada programs

Axis Mortgage Corp. #204-12885-80th Ave Surrey BC V3W 0E6

Email : neetu_dhillon46@hotmail.com Email : dhillon_n@mortgagecentre.com

www.neetudhillonmortgageadvisor.com

NEETU DHILLON MORTGAGE SPECIALIST

PH: 604.780.0458


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Saturday, Dec. 28, 2019

RESIDENTIAL, COMMERCIAL & PRIVATE MORTGAGES

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with us at Better Rates

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ALPHA MORTGAGE

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HOUSE CORPORATION

#202-12830, 80th Ave. (York Business Centre) Surrey Tel: 604-501-9837 Fax: 604-501-9847 amhc@shawbiz.ca

*Lender/Broker Fee may apply but not without prior written consent of the client

GURHIMAT S. GILL

604.825.4880

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M

H

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SUKHKARAN S. BHATTY

604.765.4023


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Saturday, Dec. 28, 2019

Century 21 Award Winner 2011, 2012, 2014

13977 18 Avenue, Surrey

$3,999,888

Stunning new home in Sunnyside with a sun drenched North backyard. Beautifully crafted w/ultra high end construction & finishing. Exclusive open concept designed & built by a professional Builder. Water on demand systems. Build in A/C and more. Huge kitchen w/elegant cabinets. Feature Island, wok kitchen. Designer Lighting. High celling in living room welted ceiling in the Family room area. Four security cameras with monitor. Tile & Engg wood floor. Media room w/wet bar and Billiard room. In ground sprinkler System, Professionally landscaped. Legal two bedroom suite. Two front gates entry U shape driveway. This is perfect family home close to Bay ridge/Ray Shepherd Elementary and Elgin high school catchment. Close to Be * PREC - Personal Real Estate Corporation

6989 204 St, Langley

$3,299,000

1.2 Acre Townhouses, live/work 'C' 16-20 units/acre Development Property with Views in APROVED Willoughby Central Gordon Estates Plan. No Creeks or Easements. 1,400 Sq ft 3bdr/2bath Rancher not livable. Great Investment Potential. Close to all shopping and amenities. An exclusive opportunity to invest in one of Canada's fastest developing communities. Property sold as is where is. Land value only. By appointment only.

R2186789

D L O S

13997 18 AV, SURREY

20561 68A Ave., Langley

Half Acre Lot Ready to Build. Fabulous 19,000 sq. ft. building lot available in Sunny Side Park. The perfect location to build your dream home. Close to Ray Shepherd, Laronde, and Elgin Park Secondary schools and walking distance to local parks. G.S.T. not included in the listing price. * PREC

D SOL

$1579000.00

SITE FOR SALE Three townhouse site available in Langley For more details call vipan sharma

6922 202B Street, Langley This offering represents an opportunity to secure 1.6 acres of prime townhouse development land in the Central Gordon neighbourhood in the Township of Langley. The property is designated for 12-40 units per acre. Great Investment Potential. Close to all shopping and amenities. An exclusive opportunity to invest in one of Canada's fastest

D

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SOL

Spectacular custom built home with professional b u i l d e r N o r t h Ea st Gordon area. Walking distance to the urban shopping area. This impressive 3-storey homewith finished basement. Featuring 4

$929,000

R2213711

8 Bed, 7 Bath, 6,355 Sq Ft, 20,020 Sq Ft Lot, Built: 2017

OL S T N

E

REC

$3,678,400


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We Build Your Dream Home

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PROJECTS


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Saturday, Dec. 28, 2019

RESIDENTIAL, COMMERCIAL & PRIVATE MORTGAGES

Refinance & Renew Your Mortgage

with us at Better Rates • •  •  � • •

• Low Income • Self Employed • Bad Credit • New Immigrant • Land Development • Second Mortgages A

M

ALPHA MORTGAGE

H

C

HOUSE CORPORATION

#202-12830, 80th Ave. (York Business Centre) Surrey Tel: 604-501-9837 Fax: 604-501-9847 amhc@shawbiz.ca

*Lender/Broker Fee may apply but not without prior written consent of the client

GURHIMAT S. GILL

A

M

SUKHKARAN S. BHATTY

604.825.4880

H

C

604.765.4023


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Saturday, Dec. 28, 2019


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