It is four years ago — almost to the day — that I watched on the BBC Evan Davis’s profile of Warren Buffett, the legendary businessman.
After 24 years working at Property Week, I’m leaving for the “dark side”.
Government confirms property companies will not have to pay 15% on residential worth more than £2m
- Alpha Plus raises £48.5m from retail bond sale
- Lipton wants new regeneration body for riot-hit Tottenham
- The plan from the Pru
- Myers’ departure marks end of Mountgrange
- Tough two years ahead as 70% of CMBS loans go unpaid
- Smith steps up to Sternlicht’s Starwood
- Delancey aims for top results with school company bonds
Savills’ banking expert, William Newsom, this morning reiterated the view expressed in my last blog that it is the cost of unwinding interest rate swaps that is preventing the banks from putting properties on to the market.
Like playing football against Barcelona, it would be easy to become mesmerised by the De Montfort University annual bank lending report, where the full horror is laid bare in today’s Property Week.A fifth of all UK real estate debt, which stands at around £250bn, is in default or in breach; about the same amount - £53bn, - is due for repayment this year, ...
Three former members of Bank of American’s property derivatives team plan to create the world’s first long-only commercial property derivatives fund.InProp Capital’s Paul Ogden, Ricardo Pereira and Markus Wolfensberger intend to launch the InProp UK Commercial Property Fund early next year.The fund will be open-ended and ungeared with a target initial equity of £50m.It will give investors returns based on those of the Investment Property Databank UK Annual Index.The manager ...
- Go west this Christmas
- Whitmore is back!
- Greed goes on hiatus
- Time to demand advance retail rent?
- There is so little consistency in the newspapers' coverage of residential property
- House prices fell for the eighth straight month in June, we discovered today. So what?
- There are some duff jobs for journalists