Analyst Views: What did you make of BHP Billiton’s operational review? April 16, 2014 RICHARD KNIGHTS | LIBERUM They’ve upgraded their iron ore and coal production targets, which is a slight positive. BHP is doing what most companies are doing in the face of low prices – increasing output to reduce unit costs. I expect the firm will announce an iron ore expansion programme at the end of the year. [...]
City Moves for 11 April 2014 | Who’s switching jobs April 10, 2014 Saffery Champness The accountancy firm has made two senior appointments. Jamie Cassell (right) joins its business advisory group as a partner. He specialises in advising entrepreneurs and owner-backed businesses. Cassell was previously a partner at Blick Rothenberg and a director at BDO. Niraj Patel has been promoted to partner. He joined in 2000, and was [...]
City Moves for 09 April 2014 | Who’s switching jobs April 8, 2014 InvestecInvestec Specialist Bank has expanded its growth and acquisition finance team with the appointment of Helen Lucas. She joins from Barclays, where she was a vice president in its debt finance origination team. Knight Frank Investment ManagementThe investment management business has made two appointments. Belinda Harris joins as an investment manager from Capita, where she [...]
Prime London prices up by more than two thirds in past five years March 31, 2014 PRIME central London prices have risen by more than two-thirds since their post-Lehman Brothers low, according to new research that looks at how recent political events, as well as economics, have affected prices. According to Knight Frank’s central London index out today, prices have risen 68 per cent since the bottom of the market in [...]
What the other papers say this morning – 28 March 2014 March 28, 2014 FINANCIAL TIMES Facebook works on drones and lasers Facebook is working on drones, satellites and lasers to deliver the internet to far flung corners of the world, in its second big bet on future technology in a week. Mark Zuckerberg, Facebook founder and chief executive, said yesterday that the company is working with leading experts [...]
Property prices set to rise by a third at tech hub March 28, 2014 Melissa York introduces the high-concept tower capitalising on Tech City’s success THE thriving tech industry clustered around Silicon Roundabout hasn’t just attracted investment from the Treasury in recent years. It’s now starting to attract the gaze of premium property developers who plan to modernise the landscape around Old Street to persuade people to live where [...]
Perfecting the art of seduction with bespoke interiors March 28, 2014 Melissa York talks to Julia Reynolds, the saleswoman who makes every viewing a singular experience THE next time you walk into a show home, take a good sniff. It’s likely that a lot of thought has gone into what permeates your nostrils. The days of sales teams brewing coffee or arranging flowers at strategic intervals [...]
Homes in homage to enterprising MP March 13, 2014 New homes alongside Regent’s Canal are a natural haven away from the hustle and bustle A TRIBUTE to the historical figure who inspired the London Underground logo lies in the bricks and mortar of contemporary London. The industrial architecture of the newest homes to arrive in King’s Cross pay homage to Liberal MP Samuel Plimsoll [...]
Un gin et tonic s’il vous plait as suits hit Mipim March 11, 2014 A NEW day has dawned and with it, the second day of international property wonder-fest Mipim, as yesterday saw real estate bods from all over the world descend on Cannes and its famous Promenade de la Croisette. While some flew EasyJet and others arrived by helicopter, 100-odd from the likes of Knight Frank and Savills arrived [...]
Asteroid watch? Knight Frank’s space odd-yssey March 2, 2014 RICHARD Branson’s efforts to turn us into space tourists present many possibilities for mankind. Lady Gaga plans to become the first performer to do a concert in space, while Wolf of Wall Street star Leo DiCaprio (who has a Virgin Galactic ticket) could deliver his best “Jordan Belfort visits the cosmos” impression. But what about [...]