WeWork landlords in London and New York are bracing for a market fallout
WeWork's landlords in New York and London are preparing for a drop in demand from the troubled co-working company. WeWork is the largest private-sector tenant in both cities, leasing a significant amount of office real estate space.
Brexit uncertainty casts long shadow over UK property market
The UK property market is still seeing flat or negative sales in most areas of the country. Respondents across London, the South East and East Anglia reported further declines in prices in August 2019, according to the Royal Institution of Chartered Surveyors. However, the market remains steady in Scotland, Northern Ireland and Wales.
United Kingdom Infrastructure report
A Fitch Solutions industry report on the UK construction industry. Includes a SWOT analysis, infrastructure risk/reward index and ten-year growth forecasts to 2028.
Are progression units the future of council farm estates?
A mix of starter and promotion units within a local authority's farms estate management plan can help businesses grow. Dorset Council is using this structure for its 41 tenanted farms over about 2,500ha.
Patience, catch up and closing tech gaps
British Land have formed a new Technology Council to bring together all their tech-related initiatives. Sally Jones, Head of Strategy and Investments at British Land, discusses how the property industry can do more to embrace technological change.
Sellers of UK luxury homes forced to bargain amid Brexit woes
Britain's luxury property market remained dampened in July 2019 - particularly in London, East Anglia and the South-East. Almost 70% of agents said prices paid for homes marketed at over £1m fell short, according to the Royal Institution of Chartered Surveyors.
Global capital tax as a tool to reduce tax evasion
The authors consider the potential advantages of a global capital tax on real estate. They argue that a global capital tax offers a solution that can maintain economic openness while effectively regulating the global economy.
UK consumer credit rises in June as households lift spending
UK demand for unsecured debt stabilized in June 2019, while mortgage approvals increased, Bank of England figures show. Meanwhile ONS figures revealed an unexpected surge in retail sales during June, following two months of declining sales.
UK's real estate market shrinks by $6.2bn
The UK's real estate investment market has contracted to $714bn (£564bn). In contrast, the global market continues to grow, according to MSCI's annual Real Estate Market Size rankings for 2018.
If you want to see a London property crash, look at land values
London development land prices are plunging in 2019, even as home prices remain near record highs.