Qatar set to become world’s largest real estate investor June 13, 2010 QATAR will overtake sluggish European funds to become the largest real estate investor in the world this year, according to a report by property consultancy Jones Lang LaSalle out yesterday. The country has emerged as a global powerhouse in property, and will become the top source of overseas capital in 2010, says the report. “Cash-rich [...]
It’s bargain time for Square Mile renters July 1, 2010 WITH prices still slightly down from their 2008 heights, now is the time to get into the London rental market if you or your company are looking for non-permanent living space in the capital. Traditionally, demand grows as the summer wears on and with the property market picking up, prices are only going to go [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 17, 2010 FINANCIAL TIMES UGANDA TAX ROW DELAYS HERITAGE SALE OF OIL FIELD Uganda is insisting that Heritage Oil, the UK-listed oil explorer, must agree to pay $360m (£243m) in capital gains tax on the “super profits” it will make on a $1.35bn oilfields sale before it will sanction the deal. Uganda’s energy minister said the government [...]
SMITH JETS OFF ON LAST MINUTE HOLIDAY August 17, 2010 IN THE wake of the crisis, understated chic is still the name of the game for City top dogs – even when they’re kicking back on their summer hols. Who should be spotted by one of The Capitalist’s spies yesterday in Juan Les Pins, France, but Tullett Prebon boss Terry Smith, still pale-faced on the [...]
Why Britain needs to save far more July 20, 2010 THERE is no better way to kill a dinner party discussion than to bring up the subject of pensions. Just ask your friends when they expect to retire, and how much they hope to earn when they stop working. The usual answer – apart from the lucky few who still enjoy final salary schemes – [...]
We’ve nothing to fear from Germans June 23, 2010 I TOOK a long, hard look at the Germans in their final group game against Ghana last night and, to be honest, I really don’t think England have anything to fear. I thought Bastian Schweinsteiger and Lucas Podolski looked off the pace, while the defence, for me, were vulnerable to pace and weren’t as organised [...]
BADGERS SET PACE AT CITY RUGBY SEVENS May 23, 2010 AN invitation side comprising fund managers, traders and brokers yesterday won the annual City Sevens rugby tournament in Richmond, sponsored by Neptune Investment Management. The City Badgers beat Apollo Multi-Asset Management in a hard fought final, making it the first time in four years that accounting firm PricewaterhouseCoopers failed to take the top honours. A [...]
Housing market is looking healthier June 28, 2010 THE long upwards run for house prices has ground to a halt. The recent history of UK house prices has confounded many commentators: values plunged when the credit crunch hit, albeit not as much as in the US, then regained over half of their losses over the past year. The present return to stagnation makes [...]
Housing market is looking healthier June 28, 2010 THE long upwards run for house prices has ground to a halt. The recent history of UK house prices has confounded many commentators: values plunged when the credit crunch hit, albeit not as much as in the US, then regained over half of their losses over the past year. The present return to stagnation makes [...]
CITY EYE April 8, 2010 Sunlight glints off the glass facades lining the water at Canary Wharf yesterday, as financial workers strolled along in the balmy air with a taste of spring in their step