Heimstaden Bostad acquires new Projects in Warsaw for SEK 842 million

OSLO, NORWAY: Heimstaden Bostad announced its second acquisition in Poland, consisting of three build-to-rent projects in Warsaw with 647 residential units of 29,851 sqm and 11 commercial units of 1,068 sqm for approximately SEK 842 million (PLN 381 million) and an option to acquire an additional 60 apartments. The seller and developer is Marvipol Development…

Outlook on private mortgage insurers revised to negative as COVID-19 hits housing market

OLDWICK: U.S. based rating agency, AM Best has revised its market segment outlook on the private mortgage insurance segment to negative from stable, as the COVID-19 pandemic has introduced uncertainty in the viability of the primary and secondary markets for mortgages. The mortgage market is considerably healthier than it was during the 2008 credit crisis,…