The hard Brexit has compounded pressures on many UK industries, but some key positives have started to emerge.More
Global Green Energy Zombie Abengoa, Caught Cooking its Books in 2015 & Bailed Out Twice, Finally Runs Out of Bailouts, Files for Bankruptcy, 2nd Largest in Spanish History
Biggest beneficiaries of the now scuttled rescue plan would have been private equity firm KKR and Banco Santander.More
The Growing Pains of Brexit, 50 Days In
The crucial services exports, manufacturing exports and imports, the arts & entertainment industry, fishing industry… it’s a mess.More
Owner of Westfield, Buckling under $32 Billion in Debt, Plans to Dump its US Malls After Huge Losses
“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
Nick Corbishley 