REIT Update: Share Prices since Brexit

The major Real Estate Investment Trusts (REITS) have seen their stock prices fall since Brexit. Taking a weighted average by market cap, FTSE 350 REITS have fallen 9.2% from 23rd June 2016 to 9th March 2017. By Comparison, the FTSE 100 and FTSE 250 rose by 15.4% and 9.0% respectively over the same period – while […]

The Shard: A Monument to Remember Irvine Sellar

 Irvine Sellar, via the-shard.com Irvine Sellar, one of London’s most notable developers, died on Sunday after a short illness at the age of 82. Raised by a glove shopkeeper in the East End of London before dropping out of school and going on to found fashion and real estate companies including Sellar Property Group. The group […]

5 Of The Largest Commercial Property Sales of The Year So Far

Rathbone Square £435m || 419,700sqft || 4.25% Yield Rathbone Square, via burofour.com The most expensive sale of 2017 so far saw Great Portland Estates sell the freehold of Rathbone Square in Fitzrovia. The mixed-use development, which is due to complete in March this year, was sold to Rathbone Place Jersey Limited – an entity owned by Gesellschaft […]

What Could Apple Buy With Its Profits In Property?

Today’s City AM posed the question of what Apple, shining from its phenomenal earnings report, may do with the $51 billion in profits. At current exchange rates this would come to £31.74 billion. Much can be made of what companies (or countries) that would buy, but what would it yield in property. The average price […]

London Named Best European City To Invest In Real Estate

Lasalle Investment Management has named London the top city to invest in for Real Estate, overtaking previous leader Munich. Among the reasons are the continued development of the Crossrail system and the Olympic village. On top of that, London attracts influential cash from the Mideast and Asia, helping bolster it from the woes of largely […]

London The World’s Most International Market

London captured 27 percent of all cross-regional investment transactions during 2009 and the first half (H1) of 2010, according to new research by CB Richard Ellis (CBRE), which explores, among other trends, the degree to which investors making direct commercial real estate investments outside their domestic markets gravitate towards the largest, most liquid commercial property […]

Looking For Flats To Rent In London: A Lack Of Stock

I’ve spent the last few days looking for one-bed flats in West London. I say West London to the confusion and bane of many estate agents, as this is a rather wide area to encompass. I chose this over saying, Parsons Green, Fulham, Hammersmith, Earl’s Court, Brook Green, Pimlico, Kensington, Queensway, Notting Hill, Chelsea and […]

It Is Getting Harder For First Time Buyers

Mortgage lending fell sharply in July, fuelling concerns that Britain’s banks are turning away first time buyers and preventing a recovery in the property market. According to Bank of England figures net lending fell sharply from June’s £518m to £86m, the fourth-lowest monthly lending figure since records began in 1993. However this may lead to […]

Investors Scared Of Investing In Commercial Property Funds

Investors fear they may be left locked into commercial property funds should the market take a turn for the worse. This is what happened in late 2008 and 2009 when investors in New Star, Standard Life, Axa, Aviva and Scottish Widows all found themselves barred from drawing money out of the funds. Investors were tied […]

What Does A Relaxed Yuan Mean For Property In The UK?

Much has been made of the Chinese Rinminbi (yuan) being allowed to float more than usual. The Yuan is pegged to the U.S. Dollar, meaning it is only allowed to fluctuate within a small degree of the Chinese government’s ideal level, about 6.5 to the dollar. The majority of the focus will be spent on […]