Bull run in student housing market as Allianz opens new chapter August 20, 2018 Allianz has completed a £350m investment into a joint property venture with Greystar and a Canadian pension manager, in a move that signals growing international confidence in London’s student housing market. In a £1.5bn project that aims to complete 10,000 new student beds and the doubling of its portfolio size within five years, German-based Allianz Real Estate [...]
Last Week in the City: August rate rise now less likely July 20, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (16 to 20 July 2018). The chances of an interest rate rise at the Bank of England’s August meeting appeared to recede this week after inflation data was more subdued than expected and retail sales data [...]
Demand for London retail space slumps as high street woes deepen | City A.M. July 19, 2018 Demand for retail space in London has dived as woes around high street closures grow, according to a highly-regarded survey out today. Roughly 68 per cent more chartered surveyors in London’s retail sector noted a quarterly fall, rather than a rise, in demand for space in the capital, reaching levels not seen since 2008. The [...]
Amazon Prime Day July 2018: When does it start, how long does it last and what deals are on offer July 3, 2018 Amazon’s own version of Black Friday will be on 16 July, so here’s a roundup of everything you need to know before the shopping frenzy begins. What is Prime Day? Amazon Prime Day is a limited-time-only online shopping event, exclusive to those who are members of its premium subscription service Amazon Prime. This year will [...]
Brexit: UK’s services sector pleads for mutual recognition deal in letter to Prime Minister July 3, 2018 Some of the biggest firms in the UK's services sector have written to the Prime Minister, urging her to secure a future trade deal that puts mutual recognition at its heart. The letter, coordinated by the Professional and Business Services Council and signed by the likes of KPMG and Deloitte, Allen & Overy and Clifford [...]
Holiday Homes: Lansdowne Place in Dublin is the latest high profile property development enticing investors to put their money in Ireland June 15, 2018 How far do you need to travel these days to find an investment with a decent return in a wobbly and unpredictable property market? The answer is closer than you think, but it might sound too good to be true. So far, Dublin has charmed global tech companies like Facebook, LinkedIn and Google into building [...]
UBS London HQ is sold for £1bn as Asian investment in London’s “trophy buildings” rises June 14, 2018 The London headquarters for multinational investment bank UBS has been bought for £1bn by a Hong Kong property tycoon, as Asian demand for "trophy buildings" in the capital grows. CK Asset Holdings, run by Victor Li after he took over the company from his father Li Ka-shing earlier this year, has purchased the prime office [...]
UBS London HQ is sold for £1bn as Asian investment in London real estate rises June 14, 2018 The London headquarters for multinational investment bank UBS has been bought for £1bn by a Hong Kong property tycoon, as Asian demand for “trophy buildings” in the capital grows. CK Asset Holdings, run by Victor Li after he took over the company from his father Li Ka-shing earlier this year, has purchased the prime office [...]
Is it cheaper to live in the Home Counties than London? May 25, 2018 Buyers are often surprised when they discover how much more affordable the council taxes in London are in comparison to what they are paying to live within commuting distance of the Capital. Last month saw these costs increase across the country. On top of this, rail fare rises continue to outstrip wage growth, so the [...]
Government promises support for UK tech scene as London named one of world’s best tech hubs May 17, 2018 London’s position as one of the leading technology hubs in the world was cemented yesterday as a new report ranked it alongside Silicon Valley and China. The UK was in the top three countries for total capital investment in digital tech companies last year, behind only China and the US, according to the Tech Nation [...]