Latest news with #tenant
Cision Canada
21 hours ago
- Business
- Cision Canada
PROREIT ANNOUNCES JULY 2025 DISTRIBUTION AND PUBLICATION OF ITS 2024 SUSTAINABILITY REPORT Français
MONTREAL, July 23, 2025 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of July 2025 ($0.45 on an annualized basis) will be payable on August 15, 2025 to unitholders of record as at July 31, 2025. In addition, PROREIT announced the publication of its 2024 Sustainability Report, which provides a comprehensive overview of the REIT's environmental, social and governance (ESG) priorities, progress and accomplishments. Select 2024 Sustainability Report Highlights Initial reporting of Scope 1 and Scope 2 greenhouse gas emissions, with 2023 established as baseline year 65% of the REIT's portfolio now tracked in ENERGY STAR ® Portfolio Manager Launch of the REIT's first tenant satisfaction survey to enhance tenant engagement and operational insights Task Force on Climate-related Financial Disclosures (TCFD) framework disclosed for the first time 75% of Trustees were independent at 2024 year-end; Chair of the Board is independent as of June 3, 2025. The 2024 Sustainability Report was prepared with references to recognized standards, including Sustainability Accounting Standards Board (SASB) Standards for the real estate industry and TCFD recommendations, in addition to relevant industry standards and benchmarks. The full report is available in the Sustainability section of PROREIT's website at PROREIT (TSX: is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. Founded in 2013, PROREIT owns a portfolio of high-quality commercial real estate properties in Canada, with a strong industrial focus in robust secondary markets. For more information on PROREIT, please visit the website at:
Times
a day ago
- Business
- Times
A neighbour is blocking our property sale — what can we do?
We are leaseholders of a downstairs maisonette in a building where we also have a share of the freehold. We are selling the property but the joint freeholder, who owns the flat upstairs, is refusing to co-operate. She is making unreasonable and ever-changing demands, such as demanding payment, access to our garden, cancellation of a previous debt and alterations to the lease. She has refused to sign the TR1 [ownership transfer form] to transfer the freehold share to our buyer, effectively blocking the sale. In the past, she has been abusive towards us and our tenants, resulting in police involvement and an Asbo. She is now refusing to communicate or engage in mediation, leaving us unable to proceed. We are seeking advice on how to resolve this deadlock. What legal options do we have to enable the sale of our property?DP • Read more expert advice on property, interiors and home improvement This is an extremely challenging situation and you have my sympathy. There are no easy or perfect answers but I have set out some possible options for you below: The real challenge for you is that you need simultaneously to resolve two problems: the refusal to sign the TR1 and the difficulty of physically selling the home. Dealing with the (easier) TR1 issue first, it is possible to make a relatively straightforward application to court under the Trusts of Land and Appointment of Trustees Act 1996. Section 14 enables the court to make an order for sale of the freehold without the co-freeholder's signature on the TR1. Turning to the issue of actually making the sale, you could issue a claim against your neighbour, seeking an injunction restraining her from causing a nuisance. However, not only would that be expensive and somewhat risky, there is no guarantee it would convince prospective buyers that nuisance issues would not reoccur. And a buyer might be concerned about potential issues when they themselves come to sell the property. One alternative is to sell the property in an auction. Via that method, you could find a buyer who is willing to overlook potential issues, for example an investor who doesn't intend to occupy the property. You may have to sell for less than you would like but at least you would have resolved the problem. One other option — subject to your budget, obviously — would be to offer to buy the neighbour's flat. You would then control the whole property. I realise that your neighbour has proven difficult to negotiate with, but at this point nothing should be off the table. I do hope you manage to find a Cracknell, partner, Russell-Cooke, I've had dark grey limestone paving laid on my new terrace. I left a tree in the middle of the terrace for the birds to enjoy. However, the birds are seriously disrespecting my new paving — even a low-pressure hose used daily doesn't remove their mess completely. I've tried hanging reflective deterrent rods in the tree, and also photos of birds of prey, but these haven't worked. Short of removing the tree, do readers have any tips for cleaning the bird mess effectively without damaging the paving?SB Get a decoy bird (such as a hawk) and mount it on a stake close to the tree in question. Ideally, move the decoy around regularly to stop the birds getting familiar with it, and keep it as high up as possible. Most garden centres sell Evans Sprinkle cheap supermarket biological washing powder on the wet paving. Leave for an hour or so. Brush. Sluice. Works a treat. And no harm to the stone. J Walters Use a diluted solution of Wet & Forget mould remover (£12.50, Simply spray on the paving when dry (and no rain is forecast for a few hours). The solution should keep the paving clean and new-looking for some Hollowday I fold strips of silver foil (into three to make them rigid) and attach them to the branches of my fruit trees. The birds get spooked by the strips flapping in the wind. Much less hassle and far kinder than directing a hose at How can I remove oily head-hair marks from the surface of an aniline leather sofa?Brian Hayward I've bought a new kitchen and have chosen Ikea carcasses and bespoke fronts from a specialist company. The carcasses have been installed but I'll have to wait about three months before the fronts arrive. Do any readers have tips for living with a kitchen without door fronts for this amount of time? Or any affordable temporary solutions?Veronica, Leyton Send tips and questions to homehelp@ Advice given without responsibility
News.com.au
2 days ago
- General
- News.com.au
Aussies shocked by price of roach-infested Sydney rental
A young woman's video exposing the shocking conditions of her Sydney rental has gone viral – sparking fresh outrage over the city's housing crisis. The woman, who paid $240 a week to live in Petersham in Sydney's inner west, shared a clip on social media showing her so-called 'room': A converted shipping container with a single window. Inside the house – shared with nine other tenants – she revealed grim living conditions including two shared bathrooms, both covered in greasy floors and littered with toilet rolls. In one bathroom, the entire toilet seat is lying on the floor, detached, while an unfazed cockroach crawls across the ceiling light. In other footage, a freakishly large roach can be seen scuttling across the pillows of a bed. Tenants also had to make do with a 'shared living room' which simply consisted of two plastic chairs and a wall-hung sheet outdoors. In the now-viral clip, which has been viewed over 250,000 times, one horrified viewer said, 'There's no way this is legal,' to which the former tenant replied: 'I genuinely don't think it is, I thought about hiring a lawyer.' Many others agreed, describing the property as a 'hell hole' and 'illegal', while calling for tighter regulation of rentals. 'Sydney is probably the worst place to live,' wrote one viewer. 'This is exactly the reason why landlords have a bad reputation,' said another. 'Gotta love the housing crisis,' joked a third. Others were less empathetic, claiming she 'got what she paid for.' 'For $240 what did you expect?,' asked one. 'You didn't get scammed, this is exactly what $240 will get you in Sydney,' said another. 'This is actually surprisingly good,' a third weighed in. Housing expert Jordan Van Den Lamb told that the property 'should be shut down.' In NSW, landlords and agents are required to make sure rental properties meet 7 minimum standards for tenants to be able to live there. These standards include: be structurally sound, have adequate natural or artificial lighting in each round, have adequate ventilation, be supplied with electricity or gas, have adequate plumbing and drainage, have a water connection that can supply hot and cold water and have bathroom facilities that allow users' privacy. 'Whether it's structurally sound, well that's really subjective. Plumbing, draining, hot water, that's all arguable given the water pressure in the house,' said Mr Van Den Lamb. 'This is becoming more and more common. Overcrowding, terrible conditions – it's bad for people's health.' 'It's pretty clear that the government is not going to do anything about this, the only thing we can do is organise against our landlords,' he added.
Yahoo
3 days ago
- Business
- Yahoo
How to build passive income
It's the time of year when passive income becomes a buzzword. People look out of the window from their desk and think: "Wouldn't it be nice to spend the day out there in the sun — and still earn money". In the UK, we often associate passive income with property, and imagine an easy life as a rich landlord. In reality, this can be harder work than you might think and there are several things to consider before you jump in. There are a number of ways that people tend to get property working for them. At the most accessible end of the spectrum, they might let their property out while they're away on holiday, or rent a room in their home to a lodger. Those with more assets might choose to buy a rental property for a regular income that way. Whatever option you choose, don't overlook a potential tax bill. You have an annual allowance of £1,000 you can make from property. Plus, if you rent out a furnished room to a lodger in your home, the rent-a-room scheme means you can make £7,500 from it without paying tax. However, after that, you will need to consider income tax on any rent, and will probably have to complete a self-assessment tax return. If you buy a property specifically to make money from it, you also have to factor in extra stamp duty when you buy and potential capital gains tax when you sell. Read more: Do you trust your partner enough to give them money for tax purposes? It's not just the tax return you have to worry about. Before you start letting out your own home, you need to consider home insurance and check your mortgage documents to see if this sort of thing is allowed. For long-term lets, getting hold of tenants and vetting them requires some legwork — unless you're prepared to pay a company to manage this for you. You'll also need to keep on top of rental income and be prepared to chase if you don't get the payments you're expecting. If the tenants refuse to pay, then you're could be in a whole new realm of paperwork dealing with the courts. There's also the management of the let to consider too — for short-term renters there may be questions ahead of every visit, and issues when guests arrive, plus cleaning and maintenance before and after the visit — and possibly during. For long-term lets there will be maintenance to do between tenancies, plus ongoing repairs and emergencies. You'll need to choose between being on call day and night, or paying a company to do this for you. The cost of these things will eat into any rent you make. You also need to factor in any periods when the property isn't let — and any time when the tenants don't pay. Plenty of people rent out property without any major issues, but if you're considering it, it's vital to go in with your eyes open to the work and costs involved. An alternative way to build passive income An alternative way to build passive income, without this level of hassle, is to invest. You can hold a portfolio of investments that are designed to produce an income, and aside from revisiting the portfolio every few months, there's no extra work to do. If you invest through stocks and shares ISAs, you can do so without having to worry about tax or doing a tax return. There is some work needed at the outset, to get to grips with investing, and building a portfolio that's right for you. You can pay a financial adviser to guide you with this, or you can read articles and guides and build the knowledge yourself. Often the easiest approach is to get started with regular small sums drip fed into a diverse fund, and build your portfolio and your knowledge as you go along. Plus, at this time of year, it's the sort of thing you can do while sitting on a sun more: How to start investing with an employee share scheme How your health can affect your pension How to save money on your council tax billError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- General
- Yahoo
33 Smart Questions to Ask Potential Roommates
Filling a roommate vacancy isn't a decision you should take lightly. All those roommates from hell stories prove that being thorough in your search is the way to go. But if you're new to this process, we've got a ton of great questions to ask potential roommates as well as advice for how you can conduct a winning interview to find the right one. When you're interviewing for a new roommate, it's super important to figure out how responsible they are. Depending on your set-up, you might be held accountable for the rent if they don't make their payments. Get a feeling for how reliable and responsible they are with these questions. Do you currently have a job? And if so, how long have you been there? What's your current salary? Have you ever missed paying rent before? Have you ever been kicked out of a housing situation? If so, why? How long were you in your last living situation? Do you have your own car? How long are you planning on staying here? How quickly can you move in? While your roommate doesn't have to be your new best friend, you do need to be able to get along. If you're in a band and practice your music, a roommate who likes things quiet might not mesh well. Thankfully, we've got a few compatibility questions to help you do a little roommate matchmaking on the down low. Have you had roommates before? What does your normal schedule look like? Do you like pets? And/or do you have any pets? Do you have any dietary restrictions? How comfortable are you with strangers coming over? Are you more of a morning or night person? Are you comfortable with chore charts? Now, we know that asking someone personal questions can be difficult. But you can't let your fear of being impolite keep you from fully understanding the person who may be staying in close quarters with you. Feel free to use as many or as few of these questions when conducting your roommate interviews. Everyone's comfort level is different, and so you might need to know less than someone else does. Do you have a history of violence? Have you ever been charged with anything? Do you use recreational drugs? Do you have anyone who might try to find this location to harass you? Do you have any firearms? Do you have any medical conditions that I might need to look out for/be conscious of (epilepsy, narcolepsy, etc.)? Do you have any allergies? Are there any religious customs you might be uncomfortable with others not following? Related: Not everything has to be super serious in a roommate interview! Peppering in those tough questions with some easier ones like these will make your potential roommate feel so much more at ease. What's the worst movie you've ever seen? What's your best friend like? Which video always makes you laugh? What's the coolest thing that's happened to you this week? What's your favorite dish to make? How did you lose your first tooth? What's your favorite childhood memory? Which accomplishment are you the proudest of? If I gave you $100,000 right now, how would you spend it? What's that one thing you like to splurge on? Interviewing anyone is hard work, especially when something like half of our space is on the line. Knowing what to ask someone doesn't necessarily help you narrow it down. Make the best choice for you using our hard-earned guidance. Be Honest From the Start If you're honest with the person you're interviewing, maybe about how nervous you are or how difficult it has been finding someone, your potential roommate is more likely to be honest in kind. You've got to set the tone for the kind of conversation you want to have. Warn Your Guest About Big Questions Before You Ask Them It's a great idea to lead into big, personal questions with some qualifiers instead of just jumping right in. Try things like, 'Now this one's a toughie, but I really need to know the answer.' Or something like, 'Feel free to say no, but I've got some personal questions I need to go over with you.' Ultimately, it's their decision about whether they want to answer them. And the information (or lack thereof) that you get should get you closer to a decision. Write Their Responses Down Being a good listener is an awesome trait, but you don't want to rely on it when you're interviewing a potential roommate. Write the pertinent things down for all the people who you talk to so you and any other roommates you have can compare. Use Examples to Help Guide Them Towards an Answer Sometimes, people panic and can't think of what to say. If you're not getting much out of someone you're talking to, start throwing out examples. For instance, if you ask what kind of routine they have and they blank, tell them a little bit about yours. These examples from your own life should help them not only answer your questions but also get a feel for if they think they'd be a good fit. Finding a new roommate can feel like speed dating — and it may bear just as much fruit. But, the more questions you ask, the more sure you can feel about the decision you make. Kicking a roommate out isn't as easy as it sounds, so you want to make the right choice from the beginning. Solve the daily Crossword
