U.S. private equity firm Warburg Pincus has announced an investment of AU$490 million in Australia’s MA Financial Group’s AU$1 billion real estate credit vehicle to boost credit solutions to address the funding gap in the country’s residential market. MA Financial’s joint CEO Julian Biggins stated the investment will support the company to bridge key gaps … Read more
The Australian Bureau of Statistics has reported a significant swell in the total value of new housing loans by 3.9% to AU$30.6 billion in the last one year. Based on the latest figures from July, while the new loans for investors rose by 5.4% to AU$11.7 billion, which was 35.4% more than in July 2023, … Read more
Most Australian cities found a place among the top 25% least affordable markets for middle-income home buyers, a Demographia study by the US-based Chapman university has revealed. Sydney was ranked the second-most unaffordable city to buy a home in the world, after Hong Kong, News.com reported. The annual study, conducted by Chapman University’s Frontier Centre … Read more
