Karl Tomusk
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‘There is a seismic shift coming to the real estate world’
TechTalk Live: There are “huge markets” in property that have no technology penetration but have potential for considerable value, according to Zac Schwarzman’s keynote address to EG Tech Talk Live
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Proptech development must respond to customers’ needs
TechTalk Live: As property embraces more technology, it cannot lose sight that the industry is “fundamentally a people business”, a panel at EG’s TechTalk Live argued this morning.
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West End office rents hit by slow demand and weak growth
London’s top office market experienced one of the world’s biggest falls in prime rent over the past year, according to CBRE’s Global Prime Office Rents survey.
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How is flexible office take-up affecting London?
18% of all space in the capital this year was taken by the co-working sector, which could spell trouble for those leasing smaller office space
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City house prices plummet
House prices in the City of London fell by 18.4% in the year to July in the biggest fall of any UK local authority.
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UK has fewest underpriced markets compared with European counterparts
European property markets are fairly priced for the first time since 2009, according to Cushman & Wakefield’s Fair Value Index.
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Family offices sector returns plummet
The latest UBS Global Family Office Report makes grim reading for the family offices sector.
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Europa launches UK debt vehicle
Europa Capital has launched a UK debt vehicle to provide both whole loans and mezzanine financing in regional markets.
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BL issues £300m in unsecured bonds
British Land has issued £300m in unsecured bonds, taking the total debt the company has raised to £4.5bn in the past four years.
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LXI REIT uses its £193m equity and debt for new acquisitions
LXI REIT has deployed all of its £193m of equity and debt following the acquisition of a portfolio of supported living properties
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CPPIB in talks with Lendlease to form £1bn joint venture
Lendlease is close to securing £1bn of funding from the Canada Pension Plan Investment Board for a new build-to-rent platform
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UK property funds return 2.1%
UK property funds continued their recovery in the second quarter, returning 2.1%, according to INREV’s latest Quarterly Index Update