Our planet has just seen its hottest month on record, with many places on fire or flooded. Few events can be directly attributed to climate change, but the likelihood of extreme weather keeps increasing – and people are noticing. However, not everyone notices or feels this threat to the same extent. Our new research shows there is a contrast in how […]
Emea
Why every organisation needs a property strategy
Any organisation, be it commercial or not-for-profit, needs to have a property strategy – a formal document that sets out how that entity considers its operational and, as applicable, its investment/freehold real estate. Formulating and then implementing an effective property strategy is a crucial element of any organisation’s governance – and it is achievable with […]
Housing – to die for
The Housing Act of ‘80 isn’t something many are likely to be overly familiar with. Yet, throughout the ‘80s, it “acted” to polarise public opinion like few other policies; of which there were many riotously triggering ones. The Act gave “council” tenants the Right to Buy (RTB) their homes at a discount to the market […]
A Victorian boom in women’s golf
While there is evidence that the wives of Musselburgh fishermen played in a golf competition in 1811, the first ladies’ golf club was formed at St Andrews in 1867, where they played with one club on what is now known as the Himalayas putting green. England soon followed suit with early ladies’ clubs at Westward […]
Britain needs another ownership revolution
Ownership is at the heart of conservatism. It is a main foundation of a free society. From the baby’s first protective instincts towards a prized soft toy to the adult’s sense of stability in a home they own, ownership is a fundamental state that usually bestows a sense of security and well-being. Roots go with […]
Letter From Paris: A world in union (?) Allez les Bleus!
In exactly twelve months, the Paris Olympics and Paralympics will be finishing. Between now and 8 September 2024, France will enjoy an exceptional sporting year. For starters, the 2023 Rugby World Cup (RWC) began last Friday, a taster of welcoming the world to France. These world sporting events start and finish in Paris at Le […]
The German Problem
Three generations of Gulf Arabs have been enraptured with German luxury auto brands like Mercedes, BMW, Porsche and Audi. But please, please, do not fall in love with German homes or CRE as the Fatherland faces the mother/mutti of all property meltdowns. New construction starts have plunged a ghastly 50% in H1 2023. Hundreds of […]
CRE Credit View: The trouble in CRE debt markets is increasing
Increasing signs of distress while debt funds increase their debt fire power for opportunities. A year after the first increases in interest rates by Central Banks around the world, the CRE debt market is starting to show its distress. FinLoop’s CRE Debt Liquidity Barometer for August shows 20% increase from July of new lending activity […]
The railway age and the golf boom
Originally published June 2023. Whenever you ask a golfer what caused the great boom in golf in the 19th century, the most common response by far is “the railways.” But the actual answer is not so straightforward. The boom in golf in Scotland in the mid-19th century was triggered by two factors – the invention […]
Ukraine war: drones are changing the conflict – both on the frontline and beyond
As Kyiv’s counteroffensive to liberate Russian-occupied territories slowly advances in Ukraine’s east, the drone war continues to escalate. Beyond the symbolic value of high-profile strikes against targets in Moscow, deep in the Russian heartland, and Novorossiysk, a key Russian port and export hub on the eastern shores of the Black Sea, this also has important operational and tactical implications […]