Markets
At The Abhary Group, we have a passion for the markets that we know and love: London, Istanbul, Toronto, South Florida and Los Angeles.
We are fans of the residential property metrics in these markets: the safe haven status of Prime Central / Out Prime London; the rapid appreciation of Los Angeles; the migration of tech industries to South Florida; the stability of Toronto; and the dynamism of Istanbul.
Criteria
We are constantly looking for opportunities in these key markets — refurbish-to-sell or hold-to-lease properties — with location, market-comparables and value-add potential being our key criteria.
· Strong Population Growth
· Low Unemployment
· Low Cost of Business
· Gross Rental Yield
Themes
We are watching some key themes in the global property markets.
Supply Chain
Delays
Supply chain delays caused by the Covid-19 pandemic have clogged supply chains globally, creating challenges in construction and refurbishment.
Increasing Interest Rates
and Inflation
Pressures on inflation globally are increasing operating and renovation costs, while higher interest rates will be pressuring carrying costs.
Tech Innovations in
Home Buying
Online brokerages and lending platforms making it more possible for remote bidding for properties, impacting the dynamics on the buy and sell side.