All Russia/Ukraine articles
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Professional
What does the future hold for Russian-owned assets in the UK?
Government is under pressure to seize these assets and put them to good use.
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News
London mayor calls for £1.1bn of Russian-owned property to be seized and sold
Khan calls for seizure of £1.1bn of assets from “Putin’s cronies” on two-year anniversary of Russia’s invasion of Ukraine.
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Insight
Why international investors should look to invest in Ukraine’s property market
Sergii Pylypenko, chief executive of Ukrainian developer Kovalska Group, tells Andy Hillier why, despite the ongoing conflict, international investors should be looking seriously at the country’s property market.
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Insight
When the fighting stops
It’s a well-worn business principle that adversity brings opportunity. Today’s challenging economic period will undoubtedly give rise to winners as well as losers across the property sector.
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Insight
The Road to Ukraine: PW visits the war-torn country
As Ukraine looks beyond war and destruction, Property Week’s David Parsley visits the cities of Lviv and Kyiv to find out about the country’s rebuilding projects, the developments under way and the state of the residential market.
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News
Gaps in laws leave two thirds of offshore property owners anonymous
More than two thirds of properties held by overseas shell companies are still not reporting the identity of their owners as a result of flaws, loopholes and gaps in the laws meant to crack down on dirty money in UK property, new analysis has warned.
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Insight
A wealth of opportunities
High returns from oil and gas have left many sovereign wealth funds flush with money to invest. So, asks Property Week, are they set for a spending spree in repriced European markets?
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Insight
What’s in store for the year ahead?
Last month, Freeths and Property Week brought together a panel of nine senior figures from across the industry to discuss what the next 12 months might have in store for the property sector and how developers and investors can prepare themselves to make the most of 2023 and beyond.
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Insight
The year ahead: we can’t hide away
The last three years have been unusual to say the least. We entered and re-entered national lockdowns, had three prime ministers without a single general election, witnessed Russia wage war on Ukraine and saw inflation hit a 40-year high as words like ‘permacrisis’ entered the everyday vernacular.
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News
Westminster could seize oligarchs’ homes as war declared on ‘dirty money’
Westminster has launched a “war on dirty money” that could see homes in Belgravia, Knightsbridge and Mayfair seized and turned into affordable housing.
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Insight
The ‘G’ in ESG under the spotlight
Russia’s invasion of Ukraine is an appalling event that has shone a light on the activities of some of Britain’s most respected property brands, which have transacted with oligarchs alongside global agencies that were forced to rethink their presence in Moscow.
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News
Industry welcomes crackdown on dirty money in UK property
New register launched ‘at breakneck speed’ should ‘help to lift the veil of secrecy’ over true owners of land.
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Insight
Adapting to rising build costs
The unprecedented levels of build cost inflation in the UK look set to continue beyond 2022 as the Ukrainian war continues. The increase comes as findings from the latest Builders Merchant Building Index show heavy building materials from Q1 2021 to Q1 2022 have increased 17.4% in value, but its ...
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News
Tenant accuses Savills branch of enforcing a ban on Russians
Agency understood to have told the applicant that the landlord has a policy of not accepting Russian nationals.
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News
‘Tough year ahead’ for housebuilders
Housebuilder representatives have warned that increases in inflation and supply chain issues are causing delays to UK housing delivery.
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Insight
Riding out the economic storm: In conversation with Phil Westerman at Buzzacott
With real estate encountering strong economic headwinds from inflation and rising interest rates, Property Week contributing editor (news) David Parsley sat down with Phil Westerman, partner and head of real estate at accountancy practice Buzzacott, to discuss the outlook for the industry. Their conversation covered the aftermath of Brexit and ...
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News
Riding out the short-term shocks
Some readers will recall the famous opening of children’s TV programme Stingray: “Anything can happen in the next half hour!” As a stream of headlines takes you between the Ukraine conflict, the UK cost-of-living crisis and inflation, the lockdown in China and UK government in-fighting, Stingray’s catchphrase feels like a ...
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News
Government approves Chelsea FC sale
The government has agreed to the £4.25bn takeover of Chelsea FC after being satisfied proceeds of the sale would not benefit Roman Abramovich, the club’s Russian oligarch owner currently subject to sanctions.
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Online
Boehly-Goldstein consortium wins £4.25bn Chelsea bid
A consortium led by LA Dodgers part-owner Todd Boehly has signed an agreement to take over Chelsea FC from Roman Abramovich in a £4.25bn deal.