Canada Q2 GDP revealed

Many future landlords will have joined the private rental sector by inheriting property or capital through family transfer, a buy-to-let (BTL) lender has predicted. Rely’s Next Generation Landlord Playbook report surveyed more than 1,500 current and aspiring landlords and found that 36% of hopeful landlords expected to inherit property they could rent out.  A further 21% said they…

The trading industry saw a major ownership change this week as AvaTrade agreed to acquire the majority of FXCM Group’s business and brand rights. The deal followed Trade Nation’s acquisition of FXCM’s UK client book, marking another step in the restructuring of one of the industry’s established retail forex brands. London’s trading industry is coming…

Letting agents have reported a rising number of artificial intelligence (AI) generated tenant complaints that overblow, have no merit or are based on inaccurate information. Instead of receiving phone calls or short messages, which the Propertymark members say are quick to address and often resolved through a conversation, they are receiving lengthy, complex and…

Screenless devices seem to be the next frontier in artificial intelligence (AI) hardware. There have been rumors that OpenAI’s first device might be a screenless speaker, but nothing concrete has come out. Bloomberg reported in July that the device OpenAI is developing with Jony Ive’s hardware startup, io, will be a screen-free smart speaker built…

The Country Club Plaza shopping district in Kansas City. The district will be redeveloped under a bond-funded plan approved by Port KC.Adobe Stock The Port Authority of Kansas City, Missouri, will issue up to $1.49 billion of conduit bonds for the redevelopment of Country Club Plaza, an open-air shopping district that covers 15 blocks in…