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...“It is incumbent on any responsible property owner to do some work to understand where we might have exposure,” he told the Financial Times, adding that he expected the surveys would be targeted at a small...
...The British Insurance Brokers’ Association trade body backed Blanc’s call for a review of the cap....
...Diageo, owner of the Johnnie Walker brands, this month warned of weaker profits in the six months to December because of slower sales in Latin America and the Caribbean, while the Scotch Whisky Association...
...Christopher KneeHonorary Adviser, International Association of Department StoresParis, France...
...The British Property Federation, a trade association, also warned the move would hurt pension savers and that the government could face a legal challenge....
...Shares in big residential landlords like Vonovia, TAG and LEG have all rallied since the end of last year, outperforming commercial property owners....
...The rising costs of retirement were underlined last week in revised estimates for the minimum annual income required for a “comfortable” or “moderate” retirement by the Pensions and Lifetime Savings Association...
...But soured loans could cause billions in losses for investors, wipe out some property developers — such as the unravelling of Austrian property owner Signa — and lead to forced sales in the already struggling...
...Southwark has developed a scheme of loans and grants to provide incentives for private owners to rent out empty properties, but the programme remains small....
...Taken together, experts think the suite of measures should encourage some holiday let owners to sell up, and squeeze second-home owners who benefit from tax relief by letting their property on the side....
...Stacom’s longtime partner, William Shanahan, will remain at CBRE, and focus on helping to connect property owners in difficult situations with fresh capital....
...Rocket Company, owner of Quicken Loans, the country’s largest non-bank mortgage lender, is up 66 per cent since November....
...fell by 16 per cent between 2022 and 2023, according to the Spanish notaries association....
...As a result, office owners have been left with few options to refinance loans coming due or find new capital to pay for improvements necessary to lease their properties....
...Chiambaretta, however, was not commissioned by the city but by the Comité Champs-Élysées (a non-profit association made up of 180 shopkeepers, property companies, museums, theatres and cinemas on Les Champs...
...A new owner may arrive with bulging bank accounts and the best intentions, but a downturn in their core industry — say, the Chinese property market — could quickly erode their ability to keep a club afloat...
...The National Residential Landlords Association (NRLA), which represents landlords, also welcomed the respite, but said the prime minister’s announcement left property owners uncertain about what rules they...
...as opposed to “is this good for property developers?”...
...Among these was a pledge to allow landlords of student properties the legal means to take possession of their property at the end of the year....
...Over the past decade, 1.1mn plots with planning permission have not been built upon, claims the Local Government Association....
...Walker responded by putting two of his properties on the market — where they are likely to be bought by owner-occupiers, not a new landlord....
...sam.jones@ft.com Letter in response to this column:Blame real estate owners for the woes of department stores / From Christopher Knee, Honorary Adviser, International Association of Department Stores, Paris...
...to illegal limitations on the property rights of homeowners....
..., and renting or buying apartments to the benefit of the town’s longtime property owners....
...“The use of the property is more important than the nationality of the owner. A foreign landlord who rents their unit provides housing for someone local. A domestic vacation homeowner does not.”...
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