While US investors try to map out the impact of hurricanes Harvey and Irma, which could spread from US interest rates to mortgage-backed bonds, it is the labour and housing markets that are having an impact on investors this side of the Atlantic.
A new report from Colliers International advises making a play for warehouses and offices in Central and Eastern Europe to capitalise on migrant workers returning home in what it identifies as the labour force boomerang
However, a labour market in flux doesnt play as well for UK hoteliers and housebuilders, who have raised concerns over leaked Tory proposals to restrict the ability of European Union nationals to live and work in the UK.
And, as a new housing market report from think tank Development Economics which details the benefits of building smaller homes in London is released, developer U+I talks about its plans to develop so-called micro homes.
Finally, in the one to watch category, landlords to DIY giants B&Q and Homebase might want to consider how a transition to online sales in the DIY space could affect their tenant’s occupancy needs. ManoMano, a French online DIY retailer, has raised €60m to try to take on bricks-and-mortar DIY retailers in Germany and the UK, where chains including B&Q and Homebase have suffered big falls in sales.
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French DIY website takes raises €60m to take on B&Q
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