Beijing rents outstrip NY February 7, 2012 BEIJING office rents have soared over 75 per cent over the past year, making China’s capital more expensive to locate an office than New York’s Midtown district, new research shows. Cushman & Wakefield, a property consultant, said Beijing experienced the steepest increase and now ranks as the fifth most expensive office market in the world [...]
Profits fall as CBRE starts to feel the heat in the Americas February 7, 2012 STRONGER revenue from sales and outsourcing helped global commercial property agent CBRE to surprise Wall Street last night despite leasing revenue falling in the Americas. The group posted a 16 per cent fall in fourth-quarter net income fell to $79.8m (£50.2m), or 25 cents per share. Earnings excluding charges rose 29 per cent to $149.3m, [...]
Bellway sees resilient UK market ahead February 7, 2012 BELLWAY said the UK housing market remained “resilient” ahead of the key spring selling season, but warned that the growth rates were set to slow. The housebuilder sold 2,455 homes in the first half of the year – up five per cent on the same period in 2010 – while the average selling price climbed [...]
House sellers knock £20,000 off prices to drum up interest February 7, 2012 OVER a third of properties for sale in the UK have been reduced in price at least once since coming onto the market, research from Zoopla showed yesterday, as owners struggle to sell. The average discount now stands at £19,580, or 7.5 per cent of the asking price, and more than £1,000 higher than the [...]
A feast fit for a king to raise money for our real heroes February 7, 2012 The City’s hottest dinner ticket – the Square Mile Salute – is almost upon us again: and this year the organisers are hoping even to surpass last year’s fantastic evening. The charity event will see a bakers’ dozen of the country’s finest chefs prepare amazing canapés and caviar and an unbeatable six course feast accompanied [...]
PICK OF THE AUCTION LOTS February 7, 2012 Skiing with Franz Klammer Four days skiing next winter in the premier skiing locations in Italian, German and Austrian Alps, hosted and personally guided by Olympic Champion Franz Klammer. Five Nights on Albany in the Bahamas Trip of a lifetime. The resort that is the vision of Tavistock Group and golfing legends Tiger Woods and [...]
Give your face a winter’s break with a super-facial February 6, 2012 BATTLING the cold requires all sorts of snuggly warm vestments. The only bit of skin left literally in the cold is your face. The effect is dryness, redness and lost luminosity. Panic not, though, if a week at a Maldives spa is not on the cards this Februrary. There are two new facials in London [...]
FIT IN THE CITY February 6, 2012 FITNESS & DIET EXPERT SO apparently two-thirds of us have now ditched our new health regimes. One of the main reasons? Bordeom. Here’s my pick of the bunch for how best to mix it up for the rest of the year. For the daredevil: If the novelty’s worn off your bog standard 10K race, think [...]
Sweeten your Valentine’s Day with our gift guide February 6, 2012 Valentine’s day can be a minefield for the unprepared. Come home on the day with a bunch of supermarket flowers and a box of Quality Street and you may as well bed in at the office and prepare for that big meeting the next day. The discerning partner expects far more. Thankfully, we have done [...]
Valentine’s Day Special | To Wear February 6, 2012 LYS MEDITERRANEE BY EDOUARD FLECHER £90, lessenteurs.com Heavenly scent of lilies presents an intensely romantic bouquet. Orange flower, water-lily and musk make this a sensual icon. RED ROSES BY JO MALONE £72, jomalone.co.uk It doesn’t get more romantic than this: a blast of naked rose from every woman’s favourite luxury fragrance brand. To go all [...]