“A management team that remains prisoner of its failed strategy that started with the acquisition of Westfield.”More
Despite Terrible US Economy in 2020, Workers of Mexican Descent Sent Most Dollars Ever Back to Mexico
Against expectations, the feared plunge in remittances, as during the US Housing Bust, did not occur. For interesting reasons. Weirdest Economy Ever.More
Biggest Office Glut since 2005 Hits Hong Kong Commercial Real Estate amid Worst Recession on Record
Several unique factors, topped off by the enduring trend to working from home and an exodus of companies.More
Eurostar Near Collapse, Asks for Bailout, Becomes Hot Potato
Eurostar Near Collapse, Asks for Bailout, Becomes Hot PotatoMore
Flammable-Cladding Crisis in Residential Towers: The UK’s Housing Nightmare with “Mortgage Prisoners”
And who is going to pay? In the world of “leaseholders” and “freeholders.”More
“Keeping a Business Alive that’s Generating No Revenues is an Uphill Struggle”: Friend and Hostel Owner in Barcelona. An Industry Collapses
Bankruptcies, glut of hotels for sale, few buyers, prices plunge. Nobu, de Niro, and Teper take big loss on sale of luxury hotel Nobu Barcelona that was open for only six months.More
As Short-Term Renters & Immigration Fizzle, and People Move Out to “Work from Somewhere Else,” London Apartment Vacancies Soar, Rents Drop
“Unprecedented space across the West End”: REIT Shaftesbury PLC grapples with a new reality.More
Bracing for Impact: My View as British Expat Just Before Brexit
None of the gloomiest predictions of how a Hard Brexit could impact UK expats in the EU has come to pass. But there are complications.More
For HSBC, Life Gets Very Complicated in Hong Kong & China, its Number One Market, as China Tightens the Screws
Amid concerns China’s authorities are using the account seizures to crack down on dissent.More
Three Big Retailer Casualties in One Week: UK Retail Landlords Reel after Worst Week of Nightmare Year
Some property owners are more exposed to the fallout than others.More
Nick Corbishley 