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Commercial property
UK office leases shorten and vacancies rates soar as workers stay at home
...Analysts say the commercial real estate market has split, with strong demand for high-quality buildings in desirable locations that meet environmental requirements while there is a lack of interest for others...
July 6, 2023
Gresham House PLC
Searchlight Capital buys UK asset manager Gresham for £470mn
...In March 2022, it acquired Irish commercial property manager Burlington Real Estate for €1.8mn as part of its continuing expansion plans....
July 17, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Ed Sheeran
Ed Sheeran wins ‘Let’s Get It On’ copyright infringement trial
...Lawyers for the plaintiffs, who included the daughter of the late Ed Townsend, who co-wrote Gaye’s hit, played a fan-shot video recording of a Zurich concert in 2014, at which Sheeran mashed up his song...
May 4, 2023
FT Globetrotter
Visual feasts: five of London’s best gallery restaurants
...Townsend, the gallery’s modern British restaurant which opened in 2020 and is overseen by Nick Gilkinson (of the Garden Café, Anglo and the recently opened Maene), changed that overnight....
July 25, 2023
Books
What to read in 2024
...Rural Hours: The Country Lives of Virginia Woolf, Sylvia Townsend Warner and Rosamond Lehmann by Harriet Baker (Allen Lane)This group biography with a difference looks at the defining impact of the countryside...
December 28, 2023
Chinese economy
Shanghai’s return to business tests China reopening
...“Shanghai has a window of opportunity to rebuild the trust eroded over the past three years,” said Bettina Schön-Behanzin, chair of the Shanghai chapter of the European Chamber of Commerce in China, calling...
February 26, 2023
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
EU financial regulation
European countries begin taking down public company registers after ruling
...The ruling, which names two plaintiffs WM, the beneficial owner of Luxembourg real estate company Yo, and Sovim SA, which is also registered in the state....
November 23, 2022
News in-depthPoland
Poland’s mortgage holiday for households threatens bank profits
...“Unfortunately, the new legislation in Poland causes considerable one-off burdens,” said Bettina Orlopp, Commerzbank’s chief financial officer....
August 1, 2022
The Art Market
London auction slump continues as buyers turn to Asia and Paris
...They looked at Paris too, but made a decision based on their core group of artists and estates in Italy....
February 3, 2022
Primark Stores Ltd
Fast-fashion chain Primark says trading is better than expected
...Primark also said it expected sales from December to April to be “significantly ahead” of last year, when large parts of its store estate in Europe had to be closed because of rising Covid-19 cases....
December 10, 2021
Due Diligence
The US investment giant ditching Deutsche Bank Premium content
...Ambitious restructuring plans by Deutsche chief Christian Sewing and Commerzbank’s finance chief Bettina Orlopp had been thwarted by the same issues of fragmented markets, strict labour laws and poor governance...
April 13, 2022
UK property
Dorset’s answer to Palm Beach: homebuyers splash out in Poole
...As a child, Dixon would holiday on Sandbanks, a nearby peninsula that in recent decades has become home to some of the UK’s flashiest real estate outside London....
July 19, 2021
FT Magazine
‘You have to be violent to be heard’: Northern Ireland’s teens take to the streets
...With that in mind, I travel to one of Northern Ireland’s largest housing estates to meet Nathan Anderson....
July 1, 2021
Due Diligence
M&A banker turned French president nixes mega-deal Premium content
...As greener pastures beckon, the Bay Area faces a real estate reckoning....
January 19, 2021
Deutsche Bank AG
Deutsche restarts job cuts after six-week pandemic hiatus
...“Our experiences over the past eight weeks have also demonstrated to us how a new way of working can drive cost efficiencies, for example, through reduced external spend, travel and real estate,” said the...
May 13, 2020
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Commercial property
UBS property fund faces redemption backlog
...In a December memo to the Nebraska Investment Council, Chae Hong of the real estate consultancy Townsend Group wrote that the Trumbull Fund has underperformed its benchmark by 1.6 per cent annually over...
February 11, 2020
Due Diligence
Bookkeeping: auditors in the crossfire Premium content
...Jeremy Townsend, the outgoing chief financial officer of Rentokil, is joining the board with immediate effect....
July 7, 2020
FT MagazineJancis Robinson
Too white wine: Jancis Robinson on the industry’s diversity problem
...He mentioned specifically the forthcoming release of rapper Snoop Dogg’s own California red, a joint venture with the Australian-based Treasury Wine Estates, owners of Penfolds, which has long been ahead...
June 19, 2020
Coronavirus
Private sector resources bring welcome relief for NHS
...“There are very few private consultants that could come out of the woodwork and work for the NHS as most already work for them,” said Ted Townsend, author of one of LaingBuisson’s reports on the sector....
March 22, 2020
Ei Group
Deal to create UK’s largest pub group probed by competition watchdog
...Simon Townsend, the chief executive of Ei Group, who will leave once the merger is completed, said that the inquiry was “exactly as expected” and “in line with the timetable”....
October 11, 2019
Ei Group
Slug and Lettuce owner to buy pub group Ei in £3bn deal
...I would say that the prospects for the future of this combined entity are good,” said Mr Townsend....
July 18, 2019
ReviewBooks
2020 visions: the year ahead in books
...Most exciting of all, Hilary Mantel completes her Tudor trilogy with The Mirror & the Light (Fourth Estate RRP£25/Henry Holt RRP$30, March)....
January 3, 2020
Ei Group
Pub operator Ei to offload chunk of property portfolio
...At the end of September 2018, Ei had 3,718 properties in its partnership estate....
January 11, 2019
Due Diligence
US + UK M&A: the march of the national security reviews Premium content
...The US government is on the verge of giving the inter-agency Committee on Foreign Investment in the United States further powers to review deals in tech, infrastructure, data and even real estate....
September 19, 2019
News in-depthProperty sector
UK landlords jump on WeWork flexible office bandwagon
...However, James Townsend, co-founder of Kontor, a property adviser specialising in flexible offices, said landlords have previously been deterred by the fact that short leases lower the value of a building...
September 8, 2018

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