Unai Emery makes bizarre Shkodran Mustafi claim after Arsenal choke against Crystal Palace

first_imgAdvertisement Unai Emery makes bizarre Shkodran Mustafi claim after Arsenal choke against Crystal Palace Shkodran Mustafi’s error gifted Wilfried Zaha a crucial second goal against Arsenal (Picture: Reuters)Unai Emery claimed Shkodran Mustafi ‘has been consistent all season’ after his calamitous display against Crystal Palace blew the race for the top four wide open.The Germany international was partly at fault for Christian Benteke’s opener, the former Liverpool flop’s first goal in a year, by allowing his opponent a free header before gifting Wilfried Zaha the opportunity to regain the lead after Mesut Ozil’s equaliser threatened to turn the tide in Arsenal’s favour.Mustafi made no attempt to challenge for an aimless long ball, hoping his goalkeeper Bernd Leno would clear the danger, and was horrified when he turned to see Zaha race through and beat his compatriot.AdvertisementAdvertisementArsenal had kept six clean sheets in their last seven matches but Mustafi’s presence – he was only playing due to Sokratis Papastathopoulos’s suspension – heralded the return of familiar defensive failings.ADVERTISEMENT Emery post-Palace: Today we lost a big opportunityTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 7:36FullscreenEmery post-Palace: Today we lost a big opportunityhttps://metro.co.uk/video/emery-post-palace-today-lost-big-opportunity-1909956/This is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘Sometimes he can play very well. I prefer to speak about the consistency in the season,’ said Emery on the performances of Arsene Wenger’s £35million signing.‘We are, every player, helping, playing with a big performance. Today also when you can defend. Against Benteke and Zaha you can suffer more.‘If today we were better in the set pieces maybe we could win this match. In all the season I think he has been consistent.’Arsenal missed the opportunity to move into third place, ultimately slumping to a shock 3-2 defeat, after Tottenham’s defeat at Manchester City and face a difficult trip to Wolves in midweek looking to get their top four bid back on track. Wilfried Zaha gave Arsenal’s makeshift defence a torrid afternoon (Picture: Getty)‘On Wednesday we have another chance with Wolves.‘We have progressed and it gives us the chance to fight for the top four. On Wednesday, three points will give us the opportunity to be in this position.‘We lost an opportunity today. But now we finish it. If we win on Wednesday… who knows it’ll be difficult. At the moment, it’s in our hands.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Commentcenter_img Metro Sport ReporterSunday 21 Apr 2019 7:01 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link61Shares Christian Benteke opened the scoring against Arsenal with his first goal in a year (Picture: Getty)Emery added: ‘Bad result. We know how to win again again, again at home, we have been doing. Today we played a team with very good players. The first goal gave them confidence. The second goal for them takes off our confidence.‘In the first half we didn’t play with control. Yes, with possession – they defended very deep and well. In the set-pieces today, usually we have done better but today it didn’t happen.‘We are being consistent but it’s difficult to be in the high level each moment. Today the result was disappointing for us. We will analyse this match. Advertisementlast_img read more

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Paul Merson recommends three managers to Arsenal after Unai Emery sacking

first_imgArsenal are searching for a replacement for sacked manager Unai Emery (Picture: Getty)Paul Merson has named Mauricio Pochettino, Brendan Rodgers and Nuno Espirito Santo as three top candidates to replace Unai Emery at Arsenal.The Gunners are searching for a new manager after parting ways with former PSG and Sevilla boss Emery on Friday.Much was expected of Emery before his arrival in north London but he leaves the club with Arsenal sitting eighth in the Premier League and without a win in seven matches. Comment Paul Merson recommends three managers to Arsenal after Unai Emery sacking Metro Sport ReporterSunday 1 Dec 2019 12:05 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link137Shares Tottenham hero Mauricio Pochettino has been linked with the position (Picture: Getty)Former Arsenal star Freddie Ljungberg has been placed in temporary charge of Arsenal but Merson believes either Pochettino, Rodgers or Nuno should get the job on a full-time basis.AdvertisementAdvertisementADVERTISEMENTPochettino is one of the most respected managers in Europe and largely impressed at Tottenham before his surprise sacking earlier in the month.Former Liverpool and Celtic boss Rodgers is working wonders at Leicester City and Nuno is doing an equally impressive job at Wolves.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘Arsenal should go for Mauricio Pochettino or Brendan Rodgers now they’ve finally put Unai Emery out of his misery,’ Merson told Starsport.‘I’m all for Rodgers getting the job. He’s a proven coach. He improves players – and these players need to be improved!‘I like Nuno Espirito Santo at Wolves as well. And Pochettino is a top manager who is out of work and available. He might be tempted.center_img Jose Mourinho: Unai Emery sacking is ‘sad news’To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 3:41FullscreenJose Mourinho: Unai Emery sacking is ‘sad news’https://metro.co.uk/video/jose-mourinho-unai-emery-sacking-sad-news-2059914/This is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.‘They just have to make sure they get this appointment right because it’s a crucial decision that will decide Arsenal’s future.‘But who are the football people making that decision? Where are they are? That’s what worries me. Can you trust them?‘Emery is probably relieved. He looked lost. I don’t think he knew what he was doing. I think he had lost confidence and was making bad decisions.’Arsenal face Norwich City on Sunday.MORE: Emmanuel Petit wants Patrick Vieira to be next Arsenal managerMORE: Freddie Ljungberg reveals how his Arsenal side will differ to Unai Emery’s Advertisement Advertisementlast_img read more

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Chelsea, Arsenal and Tottenham plotting transfer moves for Real Madrid’s Achraf Hakimi

first_img Comment Advertisement Metro Sport ReporterThursday 9 Apr 2020 5:21 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.5kShares Real Madrid’s Achraf Hakimi has impressed on loan at Borussia Dortmund (Picture: Getty)Premier League rivals Chelsea, Arsenal and Tottenham have all expressed interest in signing Real Madrid’s Achraf Hakimi ahead of the summer transfer window, reports say.Morocco international Hakimi made 17 appearances for Spanish giants Real Madrid before signing a two-year loan deal with Borussia Dortmund in the summer of 2018.The 21-year-old has been a mainstay in Dortmund’s side over the last two campaigns and played 36 games for the team this season before coronavirus caused football across the world to come to a standstill.Hakimi has impressed a number of clubs while playing in the Bundesliga, with Mundo Deportivo claiming Chelsea, Arsenal and Tottenham have expressed interest in a deal.AdvertisementAdvertisementADVERTISEMENTReal Madrid manager Zinedine Zidane has reportedly taken note of the young full-back’s performances and is preparing to hold talks with the player over his future.But Hakimi has informed Madrid he will not return to the Bernabeu just to sit on the bench, with the likes of Dortmund, Juventus, Bayern Munich and PSG also plotting permanent transfers.The Moroccan star is under contract with Real Madrid until the summer of 2022 but has a buy-out clause of around £50million.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityChelsea manager Frank Lampard was left disappointed by the club’s inactivity during the January transfer window and will look to bolster his squad at Stamford Bridge this summer.Arsenal boss Mikel Arteta and Spurs’ Jose Mourinho will also hope to strengthen their squads following mixed campaigns in the Premier League.The 2020 summer transfer window was due to open on June 10 in England but even that is currently up in the air due to the coronavirus crisis.MORE: Lothar Matthaus predicts Chelsea target Manuel Neuer will leave Bayern MunichMORE: Mikel Arteta reveals he has three transfer plans for Arsenal during coronavirus crisiscenter_img Chelsea, Arsenal and Tottenham plotting transfer moves for Real Madrid’s Achraf Hakimi Advertisementlast_img read more

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Paris Saint-Germain reignite interest in Arsenal’s Matteo Guendouzi and are willing to offer Julian Draxler in swap deal

first_imgPSG are willing to let Draxler come the other way (Picture: Getty Images)It now seems that the 21-year-old will be given a clean slate at the north London club, with Mikel Arteta finally allowing the midfielder to return to training.AdvertisementAdvertisementADVERTISEMENTBut, L’Equipe now claim that PSG are considering signing Guendouzi and could use Draxler as part of a swap deal.The Germany international is due to become a free agent when his deal expires next summer and the Ligue 1 side are open to selling him in this transfer window.Draxler has been linked with the likes of Leeds United and Bayer Leverkusen, but the 26-year-old is said to be keen on remaining in France.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalArteta remarked prior to the Community Shield victory over Liverpool that all players begin the new season ‘from zero’.When asked what he told Guendouzi before the start of the campaign, the Spaniard said: ‘I’ve told him exactly that. That he’ll be part of the team and at the moment he’s like any other player in our squad.‘He deserves to be treated exactly the same and I will do that to my best capability.’MORE: Mikel Arteta finally allows Matteo Guendouzi to return to Arsenal trainingMORE: Emiliano Martinez turns down Arsenal contract with Aston Villa offering better termsFollow Metro Sport across our social channels, on Facebook, Twitter and InstagramFor more stories like this, check our sport page Comment Metro Sport ReporterThursday 10 Sep 2020 12:02 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link3.2kShares Guendouzi has been allowed back into training (Picture: Getty Images)Paris Saint-Germain are willing to offer Julian Draxler as part of a swap deal to sign Arsenal’s Matteo Guendouzi, according to reports.The Frenchman was axed from the Gunners squad last season for grabbing Neal Maupay by the neck following a defeat to Brighton in June.Guendouzi didn’t feature again for the remainder of the campaign, prompting speculation of a move away from the Emirates. PSG were originally one of the teams linked, however, recent reports indicated that the French champions snubbed the chance to sign the youngster. Paris Saint-Germain reignite interest in Arsenal’s Matteo Guendouzi and are willing to offer Julian Draxler in swap deal Advertisement Advertisementlast_img read more

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Bernd Leno insists he was always Arsenal’s No 1 despite Emi Martinez’s emergence

first_img Comment ‘I never feared it [losing the No 1 spot], said Leno.‘Because the club always gave me the feeling that I was the No 1. I am the No1, I was the No1 and I will be the No1. ‘That was always very good from the club. My job was to prove it every week and I think I did that tonight again.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityArsenal’s reward for being Liverpool is another cup clash against Manchester City.The Gunners beat Pep Guardiola’s side in the FA Cup semi-finals last term on their way to their success in August.The quarter-finals are set to be played on December 22nd & December 23rd.MORE: Carabao Cup quarter-final draw: Manchester United, Arsenal, Manchester City and Tottenham learn next opponents Bernd Leno insists he was always Arsenal’s No 1 despite Emi Martinez’s emergence Advertisement 🗣”The club always gives me the feeling that I was the number 1, I am the number 1 and will be the number 1″ Bernd Leno is confident he’s number 1 for Arsenal pic.twitter.com/W0sjPESj2m— Football Daily (@footballdaily) October 1, 2020center_img Advertisement Metro Sport ReporterThursday 1 Oct 2020 10:41 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link24.4kShares Bernd Leno’s spot was under threat (Picture: Getty)Arsenal goalkeeper Bernd Leno insists he wasn’t worried about his spot during his injury lay-off, despite the fine performances from Emi Martinez.The Argentine stopper filled in for Leno after he injured his knee in Arsenal’s second game back after the Premier League resumed in July. Leno’s injury was a huge blow to Arsenal but Martinez’s performances were sensational and he helped the Gunners to win the FA Cup.Many supporters were calling for the Argentine to be named Arsenal’s first choice but the Gunners sold him to Aston Villa for a fee of around £20million earlier this month. AdvertisementAdvertisementADVERTISEMENTLeno was instrumental in Arsenal’s Carabao Cup victory against Liverpool, making a string of fine saves in normal time and making two penalty stops in the shooutout win.The German was asked about his competition with Martinez afterwards but he insists the club always viewed him as no1. last_img read more

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Governor Wolf Orders Flags at Half-Staff to Honor Justice Antonin Scalia

first_img SHARE Email Facebook Twitter Press Release Governor Tom Wolf, in accordance with the Presidential Proclamation has ordered all United States and Commonwealth flags in the Capitol Complex and at all commonwealth facilities to fly at half-staff to honor Justice Antonin Scalia.Scalia, who served three decades on the bench of the Supreme Court, passed away on Saturday. Flags shall be lowered to half-staff and remain lowered until interment.All Pennsylvanians are invited to participate in this tribute. February 14, 2016center_img Governor Wolf Orders Flags at Half-Staff to Honor Justice Antonin Scalialast_img read more

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Governor Wolf Announces Increased Use of Treatment Helpline in First Quarter 2018

first_imgGovernor Wolf Announces Increased Use of Treatment Helpline in First Quarter 2018 SHARE Email Facebook Twitter April 26, 2018center_img Press Release,  Public Health,  Substance Use Disorder Harrisburg, PA – Governor Tom Wolf today announced details of the increase in first quarter 2018 calls to the Department of Drug and Alcohol Programs’ PA Get Help Now helpline. In the first three months of the year, the free helpline that connects Pennsylvanians to licensed drug and alcohol treatment facilities fielded 5,078 calls – up 1,700 calls from the final quarter of 2017. This increase in calls resulted in 846 more people in the first quarter of 2018 getting directly connected to treatment that can lead toward recovery.“The heroin and opioid disaster declaration provided for a number of initiatives to speed up access to care, among them the ability for emergency procurement to renew the contract for the helpline – a true lifesaver for more than 26,000 to date,” Governor Wolf said. “We know that getting people suffering from substance use disorder into treatment quickly is a key to establishing recovery and the helpline staff are the voice of expertise to direct callers to the help they or their loved one needs.”“As we continue to battle the heroin and prescription opioid crisis, connecting Pennsylvanians to treatment is critical to stem the cycle of substance use disorder and help people into recovery,” said Secretary Smith. “The increased number of calls shows that people are using this resource and getting themselves or a loved one into a treatment program that can save their life.”Governor Wolf first launched the PA Get Help Now helpline in November 2016. Since then, the statewide service has received more than 25,000 calls from Pennsylvanians looking for help for themselves or a loved one. The helpline is staffed by professionals trained in crisis management and is accessible 24 hours a day, seven days a week.In February, the administration launched a media campaign to increase awareness of the helpline as a catalyst to getting treatment for a substance use disorder. The campaign, which was made possible through grant funding from the 21stCentury Cures Act, is running statewide in English and Spanish on television, radio, and digital platforms.“Too often I hear that people delay entering treatment because they do not know where to begin. Because of this, one of our primary goals for Pennsylvania’s first year of 21st Century Cures Act funding was to increase treatment accessibility for Pennsylvanians affected by substance use disorder,” said Secretary Smith. “The Get Help Now helpline is making that possible every day by being the centralized, accessible, and compassionate resource that people need.”The helpline has connected more than 10,000 of Pennsylvanians to at least one treatment resource, including detoxification centers, medication-assisted treatment options, outpatient treatment, and other treatment and recovery support services. Helpline operators refer callers to these resources and will stay on the phone with the caller until an appointment is scheduled.Helpline operators are also trained to recommend resources based on a caller’s financial situation. If a caller is uninsured or unsure how their insurance covers treatment, helpline operators will help find the best option or connect them to their Single County Authority (SCA) that can provide funding for uninsured and underinsured patients.“If you are concerned about a loved one’s or your own substance use and need help, do not let concerns over how you will pay stop you from making the call,” said Secretary Smith. “Like any other disease, addiction must be treated. Calling the helpline will help you find resources that make recovery possible.”Individuals seeking recovery resources for themselves or a loved one can call the toll-free PA Get Help Now helpline at 1-800-662-HELP (4357). A live chat option is also available online or via text message at 717-216-0905 for those seeking help who may not be comfortable speaking to a helpline operator.For more information on the Department of Drug and Alcohol Programs and treatment options around the commonwealth, visit www.ddap.pa.gov and https://apps.ddap.pa.gov/gethelpnow/.last_img read more

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Indoor aviary and wall-aquarium are some of the quirky features in this mansion

first_img28 Maryland Ave, Carrara.“I think I will miss the river, especially jetskiing to get coffee at the Isle of Capri.”Mrs Stewart said while the home was packed with amazing features it was the space that blew her away. “After my daughter’s wedding reception we had about a 100 guests at the house,” she said.“You can tell this house was designed for big families. NAME the feature and there is a high probablity this sprawling mansion has it. From fireplaces and chandeliers to a luxury marble ensuite fit for royalty, the seven-bedroom house at 28 Maryland Ave even includes some quirky touches like a wall-aquarium and an indoor aviary. Not to mention a five-car garage. 28 Maryland Ave, Carrara.“Once we had eight people living here and we could all still have our own peace and quiet.“It has a very grand and sophisticated feel but at the same time it is very homely and was made to be lived in. “The kids have had some of the most amazing parties during their school and university years.” 28 Maryland Ave, Carrara.Homeowner Bronwyn Stewart bought the mansion in 2011 and said it was impossible to name her favourite part about the house.“There is so much to love about this place and the only way I can sum it up is that it is a really fun house to come home to,” she said. “You get a really wonderful feeling stepping through the doors. “It is really hard to say what my favourite thing about the property is because I love each space.“The aviary in the kitchen is really unique and we often keep it open for the birds to come and go as they please but we find they are pretty content and rarely leave.” 28 Maryland Ave, Carrara.The north-facing mansion embraces wide water views of the Nerang River on a 4007sq m block and has a tennis court, swimming pool and cabana. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoThe property also includes a 14m pontoon with a boat ramp and underground boatshed. “The river frontage was the biggest drawcard for our family, we are always outside enjoying the views,” Mrs Stewart said.“I’m up early to take photos of the birds from the jetty and in the evenings my daughters and I watch the sun set. last_img read more

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Contemporary Hope Island home was built for family on large scale

first_img121 Sheehan Ave, Soveriegn Islands.The couple have worked together to use timber, stone and concrete to create a modern abode with five-bedrooms and the opportunity for a dual living lifestyle. “We wanted to accommodate my mum as well when we built it,” Mrs Curry said.“She has her own kitchen and laundry and we all hang out in the big living room.” 121 Sheehan Ave, Soveriegn Islands.Situated on a 809sq m block, the family home offers high ceilings, timber blinds and shutters as well as spotted gum timber flooring. 121 Sheehan Ave, Soveriegn Islands.THE village feel of Hope Island was a selling point for homeowners Dean and Kylie Curry who were looking north to build their family home. “It is one way in and one way out,” Mrs Curry said. “We love walking across from our home to the resort and watching live bands play.” 121 Sheehan Ave, Soveriegn Islands.“I would love to replicate this home but I don’t think it can be done. “It is such a big, spacious home and the blocks in new estates these days are no where near as big as ours on Hope Island.” Mrs Curry said it was handy having a builder for a husband. “It is a contemporary home but it has a warm feel,” she said. “I’m very fond of raw materials.” 121 Sheehan Ave, Sovereign Islands.The Currys built their stunning family home almost 15 years ago and said they were lucky to find the block. “We have been here for quite a while and we have celebrated 21st’s and 18th birthdays as well as Christmas but my husband is eager to live on the water now,” Mrs Curry said. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North6 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agolast_img read more

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Apartment buyer kickbacks set to rise as credit crunch nears

first_imgInner-ring suburbs were definite targets for the credit crunch but high apartment supply was also exposing the middle ring. Picture: Jodie RichterBRISBANE apartment buyers are in the “boxseat” for kickbacks as a looming credit crunch sees developers warned to go all out to ensure contracts don’t fall over.This as a dozen Brisbane postcodes were named in a lender’s blacklist, which included bluechips like Hamilton, New Farm, South Brisbane and Brisbane City.Prominent corporate recovery firm Ferrier Hodgson warned that “crunch time looms” for the Brisbane apartment market, advising funding partners and developers to prepare for multiple scenarios.“With all the headwinds facing the residential apartment sector in Brisbane, we anticipate sales prices for new apartments will decline, as will sales volumes for off-the-plan apartments, with settlement risk being a significant concern,” Ferrier Hodgson’s new report on the Brisbane apartment sector said. Million dollar sales at record levels Fainga’a brothers sell Brisbane Home More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours ago Get The Courier-Mail’s real estate news in your inbox FREE Inner-ring suburbs were definite targets for the crunch, but the contagion was expected to spread to the middle ring because of the high level of apartment supply going in.“While inner city areas such as Newstead and Fortitude Valley, West End and South Brisbane will face these pressures, we have heightened concerns for developers and financiers with exposure to middle ring suburban areas such as Albion, Nundah, Cannon Hill and Chermside where significant apartment projects are completing now and throughout the rest of 2017,” the report said.“Financiers exposed to the larger residential projects in this sector need to be prepared to work closely with developers where they have an exposure to mitigate the risk of loss.”Developers were going to great lengths to keep investors on side, drawing on an array of incentives to drive up tenants for newly finished buildings, including up to four months rent free to secure 12 month leases.“This is to fill vacancies during 2017 and into 2018 where rental guarantees have been offered to investors by developers, as part of their purchase.”In the arsenal developers have been advised to consider “monetary incentive to settle rather than default”, helping buyers obtain loans, finding alternate buyers early, giving buyers extra time to settle, looking at first and second mortgages and in worst case scenarios, terminating contracts and pursuing buyers for any shortfall.Lenders have responded by creating multiple classes of borrowers, with some of Brisbane’s most affluent suburbs on lending blacklists — where they would be forced to pay higher deposits and face more conservative apartment valuations.last_img read more

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