Hints and tips:
...Mike Hussey, founder and chief executive of Almacantar, said the resolution of some of WeWork’s issues, in the form of a public listing on the New York Stock Exchange in October last year, had “given people...
...In the meantime, agents LaSalle point out that across Europe prime office yields — rental income expressed as a percentage of the property’s capital value — have been relatively stable....
...Simon Marrison, chairman of LaSalle Investment Management’s European business, will retire from the role in July and join KKR as a senior adviser on real estate investments in Europe in September....
...Martin Zdravkov has been appointed to the newly-enhanced role of head of UK residential and impact investing at LaSalle Investment Management, the global real estate investment manager, based in London....
...“Lots of people outside the UK are biding their time and waiting to see what happens,” said Jon Zehner, head of global capital at LaSalle Investment Management....
...Likewise, consultancy Jones Lang LaSalle says that retailers are “adapting and re-evaluating” their physical retailing space in response to ecommerce pressures....
...Warehouse space has been filling up at near record rates, says Mike Mills, who advises private equity-owned companies for the Big Four firm, citing information from his clients....
...In LaSalle County, where Ottawa is the county seat and where Mitt Romney beat Mr Obama in 2012 by a tiny majority, the race is likely to be a close one, Mr Miller says....
...Mike Ingall, chief executive, said: “We have a record and it is a location that works.” “Accountants and lawyers are consolidating some work outside London....
...Analysts at Jones Lang LaSalle (JJL) India estimate that a net 9m sq ft of prime office space will be taken up this year in Bangalore, compared with 5.9m sq ft in Mumbai....
...The buyer is Spink Property, the London-based luxury developer, whose founder, Mike Spink, has been described as “Nick Candy without the bling”....
...Mike Ingall, chief executive of Allied London, said it was in negotiations with two anchor tenants for a further office scheme....
...“It’s really a commodity business, noted Mike Hanson, head of the Nottingham office of Jones Lang LaSalle, a rival UK auctioneer....
...You increase that leverage by including housing in your proposals,” explains Jon Neale, a partner in the research team of property consultancy Jones Lang LaSalle....
...Mike Prew, Nomura analyst, said that City rents had more than halved from a peak of £70 a sq ft in real terms....
...Last week, Mike Slade, Helical Bar’s chief executive, described the market as an “opportunity of a lifetime”, while several funds have been set up to focus on distressed asset sales by listed companies looking...
...Glasgow has had a vibrant office property market in the last few years. “2007 was extremely strong,” says Mike Buchan of Jones Lang LaSalle’s Glasgow office....
...●Thames River Capital has hired Mike Juraschek as sales manager (Germany). Mr Juraschek was most recently a freelance sales consultant....
...At Jones Lang LaSalle Mr Jenkins was in charge of 2,500 people. Icanplayit has just four, including himself. He is not alone, however, in his decision to flee the big corporate nest....
...Mike Lenn, a director, says: “The area around Bologna is very industrial and similar in many ways to the Thames Gateway, with large swathes of brownfield land requiring remediation before they can be redeveloped...
...“We consider that is quite a high yield in the market at the moment,” said Mike Evans, chairman....
...James Thomas, head of residential at Jones Lang LaSalle, the estate agents, says many people have grown tired of multistorey houses....
...Meanwhile, Jacques Gordon, an economist and head of research at Jones Lang LaSalle, says that easy credit has upended commercial property as it has the residential market....
...Mike Prew, property analyst at Lehman Brothers, says there has been speculation that Westfield is interested in Hammerson, the UK developer....
...Mike Foster, analyst at KBC Peel Hunt, says: “We believe the management has done the sensible thing in optimising the portfolio, given the changed circumstances.”...
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