The pandemic has created as many opportunities as it has removed, and there will be no lasting damage – not even for the young. At the outset of this crisis, there were widespread concerns that the UK residential market would suffer immediate price declines. We know thus far the very opposite has been recorded. This […]
In the fourth chapter of his professional memoirs, a Francophile continues his tales of Parisian real estate – and tells how comedy cabaret led to his big career break. In my years at Hampton’s in Paris between 1983 and 1987 the markets were improving and we had enough business to sustain us, but only just. […]
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 […]
Tim Green speaks with the chief executive of Howard Group, a Cambridge-based family-owned property company. Howard Group, where Nicholas Bewes has been chief executive since 1999, is a Cambridge-based family business established in 1935 and one of the largest regional property investment and development companies in the UK. Through Howard Capital, its private equity arm, […]
This article was originally published in October 2020. As we adjust to what may be a permanent shift from 95% to 80% capacity in the economy, we face penalties in terms of price, choice and quality. Announcements of store closures and job losses are coming thick and fast. Mulberry, the luxury fashion retailer, is to […]
Investment into Swedish and German care homes between January and September 2020 has increased by 80% and 21% year-on-year respectively, according to our latest research. These two countries accounted for 42% (Germany) and 23% (Sweden) of the total investment volume of €3.6bn in the European care homes sector during the first three-quarters of the year. […]
The property market was allowed to continue operating during the second lockdown, which was good news for the 500,000 or so current transactions that are proceeding (albeit slowly). However, strict protocols on viewings and valuation appointments continue and many offices are being manned only by a limited number of staff, with working remotely the preferred […]
What can real estate expect in 2021? After rain there is sunshine, as a Dutch saying goes. And if you have as much rain as we do, you know what you are talking about. So, can we expect sunshine to return in 2021, after this very ‘rainy’ 2020? Fortunately, sunrays broke through in the US. […]
Equity investors might need to top up funds by tens of billions in Germany and the UK, thanks to covid. Declines in capital values and more conservative lending in the immediate aftermath of the global financial crisis created a major refinancing challenge for commercial property – to the tune of £70bn in the UK, according […]
The global economy is facing years of uncertainty. The UN has warned of a lost decade as the scarring effects on the economy of covid-19 are worked through. Investors, government and the public sector need to come together to tackle this economic fallout. And there are few easier ways to kick-start economic growth than construction […]
