Like a pillion passenger leaning in the opposite direction to the rider, UK banks’ behaviour has become perverse and dangerous. Banks are engaged in an elaborate risk management exercise that seeks to enhance their profitability, defend their reputation, and conserve their capital. Their role as...
The Professor
Our professorial contributors illuminate the latest academic research in real estate and economic policy
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The Professor
Learning to live with extreme risk (part 1)
As coronavirus (covid-19) is reshaping the real estate landscape, property professionals need to rethink their approach to extreme risk events. It is now evident that mainstream...
The Professor
Is the town a palimpsest? Discuss
Bemoaning the decline of the UK high street is pointless – it’s basic economics that land use changes according to need, and that means flats and cafés in place of shops For the...
The Professor
Making money from offices – the next step
As placemaking is rapidly changing the urban landscape, the way we view real estate value needs to adapt to meet evolving community demands,wherepeople create places where...
The Professor
Let’s talk about C.H.I.N.A.
Dr Helen Bao (University of Cambridge) introduces her stunning new series on private property ownership in China.
The Professor
Commercial Real Estate Returns Drop to Financial Crisis Level
The National Council of Real Estate Investment Fiduciaries (NCREIF) tracks the performance of over a half trillion dollars of commercial real estate in the US. Because...
The Professor
Proptech disruption won’t hit any time soon
Proptech evangelists would have you believe that emerging digital technologies can and will be applied imminently to any real estate use, in the process resolving all of the...
The Professor
Time for AAT
Around the world, landlords of all types are being asked by tenants, or even required by governments, to waive rents, grant rent holidays or write off arrears as tenants struggle...
The Professor
A plague on your houses?
At some time last year, a bat passed on a mutated virus to a trafficked pangolin (a scaly ant-eater) in a wet market in Wuhan, China. Now, that same virus has spread...
The Professor
Property Valuation – Material Uncertainty
Introduction I think that it is fair to say the effect of the coronavirus worldwide is something that is unprecedented in our careers. I know that there are a few survivors of...