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
Just in Time for Holiday Shopping Season: UK Fashion Giant Arcadia Crashes into Bankruptcy
Asset stripping by its owner, years of brick-and-mortar meltdown, topped off by the Pandemic. Suppliers, landlords, and pensioners twist in the wind.More
Vast Euro-Derivatives Market, Centered in London, Is Set to Fragment as End of Brexit Transition & Uncertainties Loom
It shouldn’t “create risks to the stability of the financial system,” which is soothing to know.More
Australian Construction & Real-Estate Development Giant Grocon Hits Wall, amid Industry Swoon that Started in Mid-2019
The Pandemic accelerated the mess.More
Can the “Valuations” of Office Properties in London Be Trusted, Asks Royal Institute of Chartered Surveyors
These “valuations” are crucial to metrics of REITs and property mutual funds, including net asset value (NAV), amid concerns about conflicts of interest.More
How the Unemployment Fiasco in Europe Is Kept out of Official Unemployment Rates
The massive and once-again extended Pandemic-era furlough programs serve their purpose, but…More
Nick Corbishley 