Mehari says that the Construction and Business Bank of Ethiopia is currently the only bank financing real estate activities, and that the current real estate boom, combined the commercial banks ...

Commercial real estate — non-residential properties for industrial or business purposes — can be productive, ...

Ethiopia forbids foreigners from owning real estate. It now plans to open that market up, with legislation supposedly in the final states. Prime Minister Abiy Ahmed is facing a big pile of foreign ...

ADDIS ABABA: Ethiopia aims to pass legislation to let foreigners own real estate as part of the country's broader ... either residential or commercial buildings, which is seen as a hurdle to ongoing ...

If there is anything commercial real estate owners don’t need right now, it’s a banking crisis. Big owners of property around the country were already under pressure from the Federal Reserve ...

Some argue this departure from remote work — and a forcing of back-to-office policies — is due to a suffering commercial real estate industry. Powered by Money.com - Yahoo may earn commission ...

Financing is a vital part of commercial real estate. Now, as the sector struggles, palpable anxieties about financial institutions’ vulnerabilities are intensifying. Banks’ exposure to the ...

Yet, so far, the commercial real estate market hasn’t really had a reckoning. That’s set to change. Lenders have granted struggling building owners months of forbearance, avoiding fire sales.

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In February, a PIMCO-owned office landlord defaulted on an adjustable rate mortgage on seven office buildings in California, New York and New Jersey when monthly payments rose due to high ...