Flammable-Cladding Crisis in Residential Towers: The UK’s Housing Nightmare with “Mortgage Prisoners” by Nick Corbishley • Jan 15, 2021 • 110 Comments And who is going to pay? In the twisted world of “leaseholders” and “freeholders.”
“Keeping a Business Alive that’s Generating No Revenues is an Uphill Struggle”: Friend and Hostel Owner in Barcelona. An Industry Collapses by Nick Corbishley • Jan 9, 2021 • 168 Comments Bankruptcies, glut of hotels for sale, few buyers, prices plunge. Nobu, de Niro, and Teper take big loss on sale of luxury hotel Nobu Barcelona that was open for only six months.
As Short-Term Renters & Immigration Fizzle, and People Move Out to “Work from Somewhere Else,” London Apartment Vacancies Soar, Rents Drop by Nick Corbishley • Dec 17, 2020 • 57 Comments “Unprecedented space across the West End”: REIT Shaftesbury PLC grapples with a new reality.
Bracing for Impact: My View as British Expat Just Before Brexit by Nick Corbishley • Dec 14, 2020 • 104 Comments None of the gloomiest predictions of how a Hard Brexit could impact UK expats in the EU has come to pass. But there are complications.
For HSBC, Life Gets Very Complicated in Hong Kong & China, its Number One Market, as China Tightens the Screws by Nick Corbishley • Dec 11, 2020 • 41 Comments Amid concerns China’s authorities are using the account seizures to crack down on dissent.
Three Big Retailer Casualties in One Week: UK Retail Landlords Reel after Worst Week of Nightmare Year by Nick Corbishley • Dec 7, 2020 • 50 Comments Some property owners are more exposed to the fallout than others.
Just in Time for Holiday Shopping Season: UK Fashion Giant Arcadia Crashes into Bankruptcy by Nick Corbishley • Dec 1, 2020 • 34 Comments Asset stripping by its owner, years of brick-and-mortar meltdown, topped off by the Pandemic. Suppliers, landlords, and pensioners twist in the wind.
Vast Euro-Derivatives Market, Centered in London, Is Set to Fragment as End of Brexit Transition & Uncertainties Loom by Nick Corbishley • Nov 28, 2020 • 88 Comments It shouldn’t “create risks to the stability of the financial system,” which is soothing to know.
Australian Construction & Real-Estate Development Giant Grocon Hits Wall, amid Industry Swoon that Started in Mid-2019 by Nick Corbishley • Nov 22, 2020 • 26 Comments The Pandemic accelerated the mess.
Doubts Surface about “Valuations” of London Office Properties amid Conflicts of Interest by Nick Corbishley • Nov 19, 2020 • 24 Comments But these “valuations” are crucial to REITs and property mutual funds.