Öslem Tureci and Uğur Şahin – the founders of BionTech, which, together with Pfizer, pioneered one of the first covid-19 vaccines – are remarkable individuals in a wider sense. While their scientific research and business success, leading to a US$3.6bn net worth, are impressive, their most significant impact will likely be on how immigrants are […]
Emea
Historical patterns of housing tenure The context for the recent government housebuilding announcement
The context for the recent government housebuilding announcement. […]
The ‘right’ London offices will be hot
“The whole is greater than the sum of its parts.”For a nation battling with working-from-home fatigue, this statement from Aristotle takes on a new meaning. As we edge closer to the anniversary of the UK’s first lockdown, office-based professionals are desperate to regroup with colleagues. Despite chatter about ‘the death of the office’, working from […]
Here’s to the enemies of the ordinary
Don’t fall into the trap of designing a building people like – design one they’ll either love or hate and you will reap the rewards. As a brand, it’s not good to be vanilla. Like marmite, you want people to either love you or hate you. And when it comes to rental apartments, why would […]
Pulling the rug out from under local football
This article was originally published in October 2020. Artificial pitches help small clubs bring in revenue and foster community football. Why must they tear them up to get promoted? After the recent National League play-offs, Harrogate Town FC have just become the first English club playing on a 3G artificial pitch to be promoted to […]
Heard on the (virtual) road: office is the new retail, and activists are on the warpath
What do investors want right now? Which are their preferred opportunities, and what do you need to know about them? This series sums up what one European investment adviser has gathered from his online meetings, conferences and other wanderings. For over 20 years, my role has offered me the opportunity to visit, almost continuously, property […]
Valuers – are you certain you’re uncertain?
It’s time to drop the material uncertainty clause for most property valuations – the market has largely adapted to covid now. In late October 2020, I was presenting a paper at an international Zoom conference and suggesting that, even in the depths of a second wave of coronavirus across Europe, property markets – and thus […]
1688-89: a not-so-glorious revolution?
The deposal of James II was less revolution than evolution, setting England firmly on the path towards parliamentary democracy. Few monarchs have inherited such a seemingly strong position as James II did in 1685. The Earl of Peterborough wrote within a few days of James’s accession: “Everything is very happy here. Never king was proclaimed […]
Greed is good! Cracks in the EU agri market
On 20 January 2021 the Czech lower house of parliament passed a bipartisan bill that, if enacted, would potentially pose a significant threat to one of the EU’s core elements, its single market with 450 million consumers. If approved in the upper house and by the Czech president, the bill would require retail establishments with […]
Picton Property Income – performance at a discount
As often happens following major market events, some high-quality but less familiar stocks can find themselves overly discounted in the subsequent recovery. UK property investors have been well aware of the attractions of industrial property for several years, given demand/supply dynamics and structural shifts in retail and distribution. Similarly, regional offices have benefited from limited […]