The long-term decline in interest rates is a product of demographic change and not just the financial crisis, according to CBRE. As a result the “normalisation” of rates that is being predicted may not be as severe as many believe.
Housing associations feature all-too-rarely in Diary. And, while this particular keeper of the page has only so much experience to draw from, it’s a relatively safe bet that the East Lothian Housing Association has never before enjoyed the (dubious) honour.
THE LEHMAN CHRONICLES: Partner at Westbourne Capital Partners, co-founder of Auriens, and founder of GuestInvest talks about how the financial crash destroyed his business
Airbnb and co-working space providers have disrupted the hospitality and office markets – and the figures show they aren’t going away.
ICYMI: CBRE, JLL, Savills, Colliers International, GVA, Knight Frank, BNP Paribas Real Estate and Gerald Eve have become the first major UK real estate agents to commit to sharing their data via Radius Data Exchange.
THE LEHMAN CHRONICLES: Brendan Flood, the former chief executive of Modus Ventures – the retail developer that collapsed into administration in May 2009 – remembers the “utter shock” he felt as news broke of Lehman’s collapse.
Continuing turmoil on the UK’s high streets has hit landlords hard. Real estate investment trusts, in particular, have taken a knock from the growing lack of confidence in the retail sector. Share prices at the likes of Hammerson and Intu, for example, have dropped by 15% and 34%, respectively, over the past year.
EG’s Dublin Question Time discusses the plus points and pitfalls the Irish capital faces as it looks to capitalise on the UK’s imminent departure from the EU.
Governments, vehicle makers and technology companies are getting ready for a transport revolution. But which countries are best prepared for a time when the driverless car is king? KPMG crunches the numbers.
THE LEHMAN CHRONICLES: In the first of a series of recollections from the industry’s most influential players looking back at the collapse of Lehman Brothers and the lessons that can be learnt from it, Prestbury Investments chairman Nick Leslau wears his heart on his sleeve, revealing how the crisis shaped him and his business.
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