Dorchester boycott: Angel investors retreat from Park Lane dinner after Brunei’s anti-LGBT laws April 4, 2019 A top UK angel investor group backed down over plans to hold its annual bash at The Dorchester late tonight amid a growing boycott against a set of luxury hotels owned by the Sultan of Brunei. Read more: Property events moved away from Brunei-owned hotels amid boycott The UK Business Angels Associations (UKBAA) raised eyebrows [...]
Property events moved away from Brunei-owned hotels amid boycott April 4, 2019 Two calendar property events that were set to be held at hotels owned by the Sultan of Brunei were pulled yesterday amid a boycotting campaign over gay rights. A collection of iconic hotels owned by the Sultan of Brunei have faced a public boycott in protest of Brunei’s strict new Sharia laws that include stoning gay [...]
Why student housing is a first-class honours investment April 4, 2019 When it comes to the UK property market, an investment in knowledge clearly pays off. High yields, low risk, and fast returns are just a few of the reasons reasons luxury student housing has become the new essential in any high-net-worth individuals’ investment portfolio. While many of the UK’s older generation will reminisce of sub-standard [...]
Property giant Intu promotes finance boss to become new chief executive April 4, 2019 Shopping centre-owner Intu Properties has promoted its finance boss to run the company, it announced today. Intu confirmed that Matthew Roberts was taking over as chief executive with effect from 29 April. Roberts has been chief financial officer at Intu since 2010 and was also previously chief financial officer at gambling firm Gala Coral and [...]
Intu Properties to appoint finance chief Matthew Roberts as new boss April 3, 2019 Shopping centre owner Intu Properties plans to appoint its finance boss as its new chief executive during a challenging time for the retail sector. Intu, which owns the Trafford Centre in Manchester, is expected to announce that current chief financial officer Matthew Roberts is its new chief executive as early as tomorrow, Sky News reported. [...]
London, meet your next skyscraper: Square Mile viewing attraction The Tulip wins planning approval April 2, 2019 A dramatic new tower known as The Tulip is set to join the City’s skyline after it was given the green light by planners in the Square Mile this afternoon. The 1,000 foot skyscraper, which has won approval from the City of London's planning committee by 18 votes to seven, will be built next to the Gherkin [...]
Channel 4 set to move into former nightclub building Majestic in Leeds April 2, 2019 Channel 4 is in advanced talks to move its national headquarters into the Majestic building in Leeds city centre. The broadcaster said it is in negotiations with real estate firm Rushbond to lease 25,000 square feet of office space over three floors in the former cinema and nightclub. Read more: Editor's Notes: Brexit: An Uncivil War [...]
Generation Rent needs more help to buy property, not Help to Buy April 2, 2019 Britain is not yet a nation of renters – but it’s getting there. Half of children are now born in rented accommodation, versus a third back in 2003-4. The number of families renting with children has doubled in a decade, according to the insurance provider Royal London. Meanwhile, new analysis shows that the government’s Help [...]
Holiday Homes: New homes in a Renaissance palace set out to convert luxury second home buyers to the charms of Mallorca April 1, 2019 It would be too easy to dismiss Mallorca as simply a package holiday destination crowded with ex-pats and fake-tanned Love Island wannabes. But Palma, the Balearic Island’s elegant and historic capital, has now firmly shaken off its package-holiday past. Once the gateway to Mallorca, Palma is now a high-end destination with two Michelin-starred restaurants, designer [...]
Opinion: Too many people don’t carry out due diligence when buying a new build. Here are some tips so you get what you paid for April 1, 2019 While the new build industry has not been immune to the slowdown, there is no question that there are still activity hotspots in certain parts of the market. Savvy investors are busy snapping up properties at discounted rates and chain-free, first-time buyers are in a great position to negotiate. But there is another, darker side [...]