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Canary Wharf Group PLC
Canary Wharf offices lose £900mn of value
...Worthington said: “We are planning and running the business on the basis that we do not need any more money from shareholders....
April 25, 2024
UK politics
Gove vows to reduce ground rents to ‘peppercorn’ levels over time
...Michael Gove has insisted ground rents in England and Wales would eventually fall to nominal levels under his leasehold reforms as he accused Conservative opponents to the changes of acting like “rentier...
April 18, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 4 September237 Park Avenue, New York, NY, USA
Blackstone Group LP
Blackstone nears deal to buy former Britishvolt site in northern England
...The land is in the hands of Britishvolt’s receivers, but the local government has the right to buy back the land under certain conditions....
April 15, 2024
North American prime property
The rise of the Manhattan mega renter
...These men and women are wealthy enough to snap up almost any property on a whim, but instead choose to become tenants....
May 10, 2024
Letter
Letter: With LVT, there’s no need for crazy property levies
...LVT is a tax on all land which has a market value, and is paid by owners....
April 19, 2024
Data PointsJohn Burn-Murdoch
The problem with polling America’s young voters
...But all is not lost. One regular survey that bucks the trends described above is the Harvard Youth Poll, which interviews 2,000 under-30s, who they recruit using official records....
May 3, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
UK politics
Record numbers in England faced homelessness in 2023 over ‘no-fault’ evictions
...Shadow housing minister Matthew Pennycook said any “watering down” of the reform bill “would be a complete betrayal of private tenants”....
February 29, 2024
Grosvenor Estate Holdings Ltd
Duke of Westminster’s property group bets on hybrid working
...Grosvenor joins listed landlords such as British Land and Land Securities, and London office specialists including Great Portland Estates and Derwent, which have all boosted their flexible workspace offerings...
April 30, 2024
UK property
UK rental costs rise at record 9.2%
...Katy Eatenton, mortgage and protection specialist at financial services group Lifetime Wealth Management, said the data highlighted “the immense pressure tenants are under....
April 17, 2024
Property sector
Over half of UK rented homes are in areas with £1,000 a month average rents
...Nearly all homes in the south-east fall into the bracket, up from just under half four years ago. The trend is also spreading outside the south of England....
March 20, 2024
UK property
Ministers move to delay end of ‘no fault’ evictions in England
...Other amendments to the bill outlined in Young’s letter include requiring tenants to stay in newly let properties for at least six months, longer than the two months required under the current draft of the...
March 28, 2024
Jan Egeland
Unplugging UNRWA deprives Gaza of life support
...Any reduction in UNRWA’s capacity harms innocent Palestinians and generates a chilling effect on all of us who work in Gaza....
February 29, 2024
Your QuestionsLucy Warwick-Ching
What should I do with my father’s shares?
...The Financial Times Ltd and the authors are not responsible for any direct or indirect result arising from any reliance placed on replies, including any loss, and exclude liability to the full extent....
April 24, 2024
The Big Read
The painful slump in Hong Kong property
...At the 41-storey Cheung Kong Centre II, under construction a block away, agents say occupancy rates were stuck at about 10 per cent in March as negotiations with potential tenants dragged on....
May 8, 2024
Photo essay
Rishi Sunak unable to remember where any of his WhatsApp messages are from Covid
‘I lost all my WhatsApp messages and my trousers’
December 11, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
ReviewTheatre
Underdog: The Other Other Brontë — mightily entertaining story of three literary sisters
...that in any audience for a Brontë drama, most will have read Jane Eyre (Charlotte Brontë), many will have read Wuthering Heights (Emily) and a few will have read The Tenant of Wildfell Hall (Anne)....
April 10, 2024
Personal Finance
Rent rises slow as tenant affordability is stretched to limit
...Tenants have been hit by skyrocketing rental costs in recent years after prolonged high demand and constrained supply. Many landlords have also passed on the costs of higher mortgage interest rates....
December 12, 2023
Citadel LLC
Hedge fund Citadel to expand its London office space with tower move
...The building, part of British Land’s joint venture with Singapore’s GIC at Broadgate, is under construction and due to be completed in 2027....
April 18, 2024
Nathan Ma
The lengths Berlin renters will go to in order to find a home
...Couple up: couples are the most desired tenants, followed by single renters, and then families, single parents and students. Referrals from residents can also come in handy, according to the survey....
January 17, 2024
Guyana
Guyana vows to defend itself ‘by all and any means’ from Venezuela threat
...Guyana will defend itself “by all and any means” as fears mount that neighbouring Venezuela’s strongman president Nicolás Maduro will try to annex part of its territory, its vice-president has said....
December 13, 2023
Buy-to-let
UK tenant legislation threatens higher student rents
...The government said student tenants should have the flexibility offered to all tenants. Bringing in a new code to cover student housing was not “viable”, it added....
October 27, 2023
Investments
Directors’ Deals: PHP head seeks healthy return
...The owner of the Irn Bru, Rubicon and Tizer brands recently posted a bump in sales and earnings in a bubbly results statement for the 2023 calendar year in March, its last under the leadership of Roger White...
April 19, 2024
Robert Shrimsley
Tories need to learn to love London again
...Sadiq Khan, the Labour incumbent, is seeking a third term on a relatively patchy record under recently introduced and less favourable first-past-the-post electoral system and amid particular anger at what...
April 24, 2024
Investments
Investors’ Chronicle: Jadestone Energy, Card Factory, Capital & Regional
...All this fed through to a 44 per cent reduction in cash profits (ex-exploration costs) to $90.6mn....
May 3, 2024
British Land Co PLC
British Land rebuffed Meta’s alternative tenant for London office
...Carter said strong demand from tenants in these sectors and a better than expected UK economic picture had boosted the outlook....
November 13, 2023

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