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 […]
My loyal reader knows full well that I escape to southern seas for the winter months, and all winters are mere memories. Having experienced earthquakes, cyclones, fires and shootings across the waters, I am now ‘locked up’ in my home county, embarrassed that Kent has earned notoriety as the name-bearer of a rampant virus variant […]
The past year has seen unprecedented change as all have faced up to the challenge of the pandemic. It has created challenge and not a little confusion, but it has also provided time and space to evaluate what really matters in life and the importance to us of our essential services and industries, not least […]
With each economic crisis that has hit since 2008, we have witnessed the central banks of many developed nations engaging in ever more voluminous quantitative easing. Against this backdrop, we should not have been surprised that supporters of universal basic income (UBI) have been ever more emboldened. Emboldened, that is, to argue that if central […]
This article was originally published in Summer 2019. Farming in the UK is changing faster than anyone realises. There will be winners – and losers… The UK farming industry is facing a period of radical change that most farmers are underestimating both in extent and speed. There will be winners and losers, with the split […]
Paying dividends is kind of important for a REIT, but some of them seem to have forgotten that lately. This is my 40th year following the sector as analyst, salesman and occasional corporate adviser. When I first started there were just four companies that really mattered. MEPC bit the dust after serial underperformance 20 years […]
Only in the make-believe world of analytical models can negative nominal interest rates be argued to do any real good. Last October, Andrew Bailey, governor of the Bank of England, ordered UK commercial banks to demonstrate their preparedness for the possible introduction of a negative interest rate policy (NIRP). From one perspective, this is merely […]
The global financial crisis had a significant influence on the present tax framework – so how might the battering now being taken by state finances manifest itself in tax policy? As the UK’s chancellor of the exchequer, Rishi Sunak, stood up in the early days of November to announce an extension of the furlough scheme […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker reflects on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal blood […]
This booming sector can help drive the UK recovery – and it’s hungry for space. The search for a covid-19 vaccine has shone a light on the life sciences sector and the many research institutions around the UK that have committed significant resources to this endeavour. However, a number of fundamentals have been driving growth […]
