Investment
Fairway’s resi fund snaps up £70m-worth of PCL property from Grosvenor, as blue chip investors look for a safe haven
"In macro-economic terms, Covid is just about as bad as it gets," says Leconfield and Fairway Capital founder George Brooksbank.
‘Things will never be the same’: International HNW investors anticipate ‘permanent lifestyle shifts’ due to the pandemic
UBS has surveyed a few thousand wealthy investors around the globe to identify a series of emerging trends, including strong intentions to move either closer to family or to less populated areas.
Super-tenants paying hefty price for versatility, says HNW mortgage broker
Difference between renting and owning the same £10m property could run into thousands a month, says Enness Global
Blockchain-based prime resi fund to launch in London
London Chelsea announces tie-up with digital securities platform SolidBlock
Taylor Wimpey raises £500m for a major post-lockdown land-buying spree
"We are now seeing a significant opportunity to invest in land at attractive prices," says UK housebuilder, as it tees up a £500m acquisition offensive.
Landlords’ average capital gain sinks again
Landlords who sold a property in 2019 typically owned it for 9.1 years and sold it for £78,100 more than they paid for it.
Pensions are worth more than property for the first time
The average UK house price is now £230,000, while the average final salary pension pot is worth £233,000...
Zoopla owner backs Airbnb, as holiday platform amps up long-term rental offering
Short-term rental platform secures $1bn investment; reveals a plan to "focus on long-term stays".
Threat & Opportunity: How proptech can drive sustainability in the built environment
"Technologists, entrepreneurs and investment leaders are increasingly identifying sustainability as the defining issue of our times," says Faisal Butt, founder of PropTech investment house Pi Labs.
Pi Labs backs five more proptech start-ups, as accelerator programme goes virtual
Structor.io, REST Solution, Hausbots, Bright Spaces and Propster have been backed by Faisal Butt's PropTech VC firm.
Infography: Comparing ‘Black Swan’ crisis events
The Covid-19 outbreak is being called a "Black Swan" event - something rare and unexpected that has severe consequences for investors.