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What does it take to leave a high-flying city life to resurrect your family’s rural estate? We spoke to three couples who’ve made the leap.
Introducing the new developments, properties and people taking centre stage as the city celebrates a landmark year
...The aristocratic Grosvenor family has owned property in London for more than 300 years....
...Creditors of the two most important companies in the bankrupt Signa property group are pushing to oust management and hand over control to independent auditors, over fears their interests are being sidelined...
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...Property investors widely consider payout ratios exceeding cash flows to be a problem in the long term....
...Talks between the FRC and the Government Property Agency, the body responsible for managing government properties, are continuing and a final mutually agreed decision on its new headquarters will be made...
...The return of tourists to Japan has boosted business for the hotel management units of local property groups....
...Who CDR Bienes Raices San Miguel/Luxury Portfolio House, Mexico City, $4,999,900 Where In San Ángel, a neighbourhood in the south-west of Mexico City between Parque las Águilas to the west and Viveros...
...Blackstone bought the Milan property as part of its 2021 acquisition of Reale Compagnia Italiana, a private Italian firm that also owned offices, hotels and residential properties in the city....
...Katy Eatenton, mortgage and protection specialist at financial services group Lifetime Wealth Management, said the data highlighted “the immense pressure tenants are under....
...A further incentive for the city’s residents to vacate their homes this summer....
...to the Rightmove property portal....
...The high cost of borrowing for homebuyers had created a “void in the middle” of the property market, she said, as the rich got richer, while buyers who could not pay cash were sidelined as rents in the city...
...Analysts attributed the trend to the high cost of housing in the capital and the market impact of the pandemic, when many people left big cities....
...One of New York’s biggest property developers is launching a $1bn fund to invest in the city’s distressed office buildings, potentially heralding a new phase in the commercial real estate crisis....
...“With management effectively calling the bottom, perhaps now is the moment to invest,” Peel Hunt analyst James Carswell said....
...Prices for new and second-hand homes in China’s major cities declined in February as the country’s property downturn deepened....
...The median property price is around 13 times the median income, leading the Committee for Sydney think-tank to declare it the sixth most unaffordable city in the world for housing....
...The City’s efforts to attract big companies come as the commercial property market battles the effects of remote and hybrid working....
...Vietnamese property tycoon Truong My Lan has been sentenced to death by a court in Ho Chi Minh City for embezzling more than $12bn, state media reported on Thursday....
What does it take to leave a high-flying city life to resurrect a historic estate and make it sustainable, all the while cohabiting with your in-laws? Three families tell their story
...Property prices grew by 0.5 per cent in 2023 to an average of £510,960, just 2 per cent less than the London average — and more than 12 times local incomes....
...With the Olympics arriving in a few months, the city is in a mad rush to polish up before the torch arrives....
..., an associate of property group Savills....
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