Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
I’ve taken part in industry events recently discussing target rates, discount rates, hurdle rates and their relationship to yields—partly in the context of the RICS recommendations on use of DCF in valuations following the Pereira-Gray report.
I was asked to take part in a judging panel recently: one of the categories was for deal of the year and one contender was a large modern logistic enabling facility (or shed as...
Property as safe haven in downturn. As I reach the officially designated twilight years of my career, the recent burst of inflation in the UK and the upward shift in bond yields...
A look at the mathematician and his tables. In over 35 years of public speaking, I have made audiences grimace, laugh and, I hope, develop their understanding of the world of...
How they work and the implications. Part 1: the economics Recently, a colleague posted an opinion on social media that he would stick with his gas-powered Mustang, stating...
he shots that rang out on April 19, 1775 in Lexington and Concord are widely considered to be the opening salvo in the US War for Independence. Although we may never know who...
Introduction Sadly you often hear of banks asking for a valuation based on a “forced sale” or on the special assumption that the period allowed for marketing is restricted. More...
From early in 2020 until well into 2022, government officials in most countries imposed an array of draconian policies that were said to be necessary to protect the populace...
In recent months, there have been a lot of negative news coverage about big tech’s, especially Meta’s, massive investments in augmented reality and the metaverse. I believe that...
An economic outlook. The global economy is constantly in motion, with various factors influencing its trajectory. From inflation to trade relations and political events: where...