Author: Broken Homes & Planet Property. Editor: Building (90-6) Estates Gazette (97-09) Columnist: Standard (08-15) Property Week (17-25) EG (09-17 & 25- )
London, England
Joined May 2011
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WSJ (£) “The cracks in the AI trade multiplied through the week, culminating in a sharp tech selloff Friday that sent the Nasdaq composite to its worst day since June and its worst month in more than a year.”
wsj.com/finance/stocks/the-w…
Mail; New design’s for San Siro stadium.Norman Foster and David Manica presented the plans at Thursday's briefing.
dailymail.com/sport/football…
BD (£) Great “heads on a spike” tale: “Plans by would see the installation of three spikes between 3m and 3.5m tall on the roof of Christopher Wren’s grade I-listed gateway, which once formed the ceremonial entrance to the City from Westminster”. bdonline.co.uk/news/plan-to-…
Costar (£) The acquisition will see 17 KLM staff join JLL. KLM Real Estate is a specialist retail and leisure agency
costar.com/article/152175512…
Bisnow (£) “CoStar has reached a $730M all-cash deal to buy Vexcel, which uses manned aircraft and proprietary imaging technology to collect tens of millions of high-resolution aerial photographs a year across 45 countries.” bisnow.com/news/national/tec…
Mail : The huge AI warehouse in the London commuter town of Bushey in Hertfordshire is set to be built on the site of an 'irreplaceable' orchard and a former hotel, with neighbours facing up to a decade of construction work. dailymail.com/news/article-1…
My EG (£) column: The Greens - and one Red - who feature in the tale of Landsec’s final abandonment of £1.5bn Lewisham development. Plus quango pile-up at Kings X. Plus a RICS subs change that will irk retired members. eg.mydigitalpublication.co.u…
CityAM: The Office for Budget Responsibility (OBR) said housing delivery will fall to 229,000 this year, to 221,000 the following year and to 219,000 in the year 2027-28. cityam.com/housebuilding-del…
WSJ (£) Leaders at Weil, Gotshal & Manges said at a firmwide meeting Wednesday afternoon that they plan to dissolve the law firm, capping a stunning fall for one of the most venerable names in the industry. wsj.com/business/weil-gotsha…
FT (£). Property tax rise: Chris Norris at the National Residential Landlords Association, said “Landlords, who already face heavily squeezed margins will have no option but to pass on these costs in the form of rents.” ft.com/content/6300de66-e767… via @ft
FT (£) Trading in office properties across Europe has effectively frozen, dropping to the lowest level since the 2009 crash. ft.com/content/b63e7df7-b135…
Saba Capital makes further foray into UK real estate stocks, taking its stake above the 5% reporting limit in Derwent London - 4.76% in ‘borrowed’ stocks for shorting purposes. 5% of Derwent in worth just under £100m. Saba has been taking stakes in other REITs lately.
Gov provide details of Your First Home Scheme. gov.uk/government/publicatio…
Building (£) Designed for Royal London Asset Management and developer Simten, the project will combine 31-32 Soho Square with 65-66 Frith Street, 22 Dean Street and 10 Chapone Place. building.co.uk/news/green-li…
D Tel (£) Mr Ansari paid £16.75m for 3a Palace Green in Kensington in 2014. He bought another five-bedroom flat in the same building for £19m two years later. Knight Frank and Sotheby’s are now marketing it for just under £12m.
telegraph.co.uk/business/202…
FT (£) What comes after the British high street? A restored Victorian shopping arcade in Dewsbury has become an unusual experiment. The Arcade reopened last month under community management, partly backed by locals who have invested in its future. ft.com/content/6bb846d3-3311… via @ft
Green Street (£) BNP Paribas closes commercial valuation department: Around 30 team members move to Strutt & Parker, with new head appointed greenstreetnews.com/article/…
Consultation opens on new City Skyscraper to be called Exchequer Court. Be quick tomorrow is second and last day. exchequercourtconsultation.c…
Property Week (£) The scheme, which also includes schools, health and community space, is being developed (by Urban & Civic) in partnership with Hertfordshire County Council. propertyweek.com/news/urbanc…
