In the news this morning, the second instalment of EG’s Lehman Brothers Chronicles.
Today read the recollections of Pat Gunne, chief executive of Green REIT, and why he thinks another downturn is likely, or catch-up on yesterday’s dispatch from Prestbury Investments chairman Nick Leslau.
Elsewhere, research by the Guardian and Finance Uncovered finds that Tony Pidgley’s Berkeley Group has reduced its affordable housing obligations in the overwhelming majority of its London developments.
And the FT reports that large investment inflows into speciality property sectors, such as logistics, industrials, healthcare and hospitality, are expected to lead to a substantial increase in the market value of Europe’s listed real estate sector over the next five years.
NEWS ROUND-UP: Looking back on the Lehman Brothers collapse
Gunne: ‘Hindsight is a great thing’
Mark Carney to face MPs’ questions over future at Bank of England
Funding Circle heading for Square Mile and £2bn float
UK retail sales growth slows after summer heatwave
House price rises to ‘pay for university’
Berkeley calls affordable housing targets ‘unviable’ as chairman earns £174m
Speciality sectors gain ground as European real estate swells
