In the news this morning, wealth manager Alvarium is expanding overseas to help fuel its ambition of $40bn assets under management over the next three years. Co-chairman Andrew Williams spoke to EG and explained the firm’s strategy.
Also today, the market for UK shopping centres is reported to have “all but frozen up” as buyers struggle to assign values to properties affected by retailers restructuring leases.
And in hotel news, investors’ appetite for London hotels in the face of Brexit uncertainty is expected be tested after the hoisting of a “for sale” sign over the Corus Hyde Park Hotel near Paddington, while India’s biggest hotel operator plans to open 500 sites in Britain, in a direct challenge to Premier Inn and Travelodge.
EG Highlights: Former Dublin priest training college on sale for €100m
Brockton offloads Royal Bank of Canada HQ
Do structural changes in the market mean the Irish boom is here to stay?
How can we lay the foundations for the digital economy?
Property group won’t appoint women ‘just for the sake of it’
Sir Philip Green secures help from HSBC to keep suppliers onside
Property firm execs face shareholder rebellion
