

Greater Tokyo, with 37.2 million people, is the world’s most populous urban area. After years of experiencing Japan only through the lens of Marunouchi, the ultra-modern city centre (https://www.propertychronicle.com/a-letter-from-tokyo/) my first step to better...
A Letter from Tokyo (#2) The Low City – an older and less perfect Tokyo

How the private rental sector created a homelessness crisis in Ireland and England
There is a homelessness crisis in Ireland. More than 11,000 people including 3,500 children were living in emergency homeless accommodation at the end of 2022 – a 300% increase since 2014. And these figures do not even capture the full extent of hidden...
How the private rental sector created a homelessness crisis in Ireland and England

Commercial property outlook deteriorates as credit conditions tighten
Global credit standards are set to tighten further in response to the recent bank funding turmoil, as suggested by movements in bank share prices and financial conditions during the aftermath of the Silicon Valley Bank (SVB) collapse and Credit Suisse takeover. The...
Commercial property outlook deteriorates as credit conditions tighten

Three very British ‘shocks’ and a uniquely British upturn
This short piece focuses on Charts 1 and 2. The first maps the path taken since 1970 by sterling, as measured by a trade-weighted index, this charted alongside UK Consumer Price Inflation (CPI). In the second, we see the pound’s eventful ebbs and flows plotted against...
Three very British ‘shocks’ and a uniquely British upturn

The worst for European commercial real estate is yet to come
Though a correction in values is firmly underway for European commercial real estate markets, we believe the worst is yet to come. This also means the best buying opportunities are not just around the corner. The gradual ramping up of higher debt costs on...
The worst for European commercial real estate is yet to come