By Alpa Bhakta, CEO of Butterfield Mortgages Limited – It goes without saying that 2020 was an unprecedented year for the UK property market. The Covid-19 pandemic and the ensuing lockdowns meant that the entire real estate sector was effectively frozen for months, with transactional activity stalling as a result. But then, tax incentives introduced by the UK Government facilitated the fastest rise in residential house prices since 2015. Needless to say, it’s been a tumultuous year.
The most successful investors in European property in 2021 will be those who can be active on both sides of a growing chasm between favoured sectors such as logistics and residential, and less favoured property types including retail and office assets, according to the 2021 edition of the Investment Strategy Annual (ISA), an annual client report published by LaSalle Investment Management (LaSalle).
By Paresh Raja (pictured), CEO of Market Financial Solutions – After such an unforgettable year as 2020, one can be forgiven for hoping that 2021 remains largely uneventful. But is it realistic to expect a return to relative normality in the year ahead?
Property funds suffered outflows of GBP1.1 billion in 2020, according to the latest Fund Flow Index from global funds network Calastone.
Wetherby Real Estate, which has been created to source and acquire luxury Serviced Accommodation in Prime Central London on behalf of global investors, has launched.
The latest research by lettings and estate agent, Benham and Reeves, has revealed which tiers of the high-end London property market are most in demand amongst high-end homebuyers and where they’re looking to buy across the capital.
The latest Rental Demand Index for Q4 from lettings management platform, Howsy, has revealed that demand for rental homes across the UK’s major cities has dropped -9 per cent since Q3.
Adventurous Journeys (AJ) Capital Partners has acquired The Marine Hotel in Troon, Scotland. The 89-key hotel positioned along the Ayrshire Coast will be the third Scottish golf property acquired by AJ Capital.
A survey of CFO and Financial leaders from March by Health & Safety Consultants Arinite has revealed that the majority of businesses are planning to shift 5 per cent of their staff to remote work permanently post-Covid. With five months of working from home, Arinite analysts predict that these numbers are closer to 20 per cent.
The UK care home sector is in need of a shake-up having come uder the spotlight during the Covis-19 crisis, according to a new report from JLL.
Stoneweg, a real estate investment adviser and asset manager with operations and capabilities across Europe and the United States, has acquired a 48,000 sq m logistics asset in the canton of Solothurn, in northern Switzerland, in a sale and leaseback transaction from Meier Tobler Group (Meier Tobler), a Swiss listed building technology company, on behalf of its Varia Swiss Realtech strategy.
Real estate investment trusts and major house builder feature in leading FTSE 100 sustainability report
EcoAct, an international climate and sustainability consultancy, has released the 10th edition of its Sustainability Reporting Performance of the FTSE 100.