“The only constant is change, everything else is a variable” Heraclitus, 535 BC. The mantra above is one of my favourite quotes which I have referenced throughout my real estate career. In that time, I have seen changes in occupier behaviour, changes in leases, changes in building techniques,...
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Head Of Research
One year on, what have we learned from ChatGPT?
On 30 November 2022, the world was introduced to OpenAI’s ChatGPT, a large language model (LLM) AI, initially intended as a “research preview” to seek feedback from the public....
The Economist
Milei’s bid for freedom
Argentine President Javier Milei’s address to the World Economic Forum was, as you’ve no doubt heard, a real corker. The principles of classical liberalism have not been so...
The Analyst
The 10 most important charts in US real estate
1) Industrial vacancy to peak just above 7% Even after white-hot growth industrial rents are expected to stay steady with vacancies peaking within the year. 2) Consumer spending...
The Analyst
Indirect real estate for single-family offices
Having the proper framework is critical to benefit from the current repricing. Single-family offices are a heterogeneous group of investors and differ in various categories; in...
The Analyst
FTSE 250: Time to give up?
The last few years haven't been kind to the UK stock market and the FTSE 250, much like the FTSE 100, has fallen out of favour with all but the hardiest and most dedicated (or...
The Economist
UK: Recession watch
The UK economy grew by 0.3% in November, yet the prevailing money supply indicators strongly suggest an impending recession in 2024. A decline in M4x of over £3b. during the...
Investor's Notebook
Densification
The route to enduring financial & sustainability out-performance. Times are hard for real estate investors. Not only must they contend with higher interest rates and weaker...
The Analyst
War in the Middle East has put Lebanon on the brink of economic disaster
The recent return of violence to Lebanon derails hope that the worst of the crises that have plagued the country over the past four years have been left behind. After a spiral...
The Economist
The Future of Bitcoin in Light of a Spot ETF
On January 10, over a decade after the first Bitcoin spot Exchange-Traded Fund (ETF) application, the Securities and Exchange Commission (SEC) finally approved eleven...