Jack Sidders
Bloomberg
United Kingdom
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Past articles by Jack:
China’s Plans to Build New Embassy Near Tower of London Is Rejected
China’s controversial plan to build a new embassy near the Tower of London has been rejected in a council meeting on Thursday evening. → Read More
Frozen London Properties Owned By Sanctioned Russian Oligarchs
The sorry state of Libyan-owned buildings in the UK capital may be a sign of things to come for sanctioned Russians. → Read More
These Are the World’s Most Affordable and Least Affordable Cities to Buy a Home
Pittsburgh has been named the most affordable city for housing, as accommodation costs around the globe surge. → Read More
Soho House Owner Plans New York IPO for Members-Only Club Group
Membership Collective Group, the company behind the trendy Soho House members clubs, has filed for an initial public offering on the New York Stock Exchange. → Read More
Skyscrapers Rising Next to Vacant Towers Mark New City of London
The pandemic has led to plenty of empty space, but developers are still betting big on the future of the office in the financial hub. → Read More
The Upside of a Global Downturn? Juicy Real Estate Deals
High-end home prices are being slashed by as much as 30 percent. → Read More
Home Prices in London’s Best Districts Just Hit a Six-Year Low
Political chaos and a series of tax hikes pushed the average price of a home in London’s most-desired districts down by almost 5 percent last year, paring it to a low not seen since the start of 2013. → Read More
IWG Plummets After Abandoning Talks With Takeover Firms
After months of protracted courtship by multiple suitors, IWG Plc decided it doesn’t want to be sold at a price that private equity firms are willing to pay. The shares plummeted. → Read More
Facebook Doubles Down on London With Space for 6,000 Workers
Facebook Inc. will double the amount of space it occupies in London as technology firms continue to expand in the U.K. → Read More
Regus Owner Seeks More Time for Bids
Starwood Capital Group LLC, TDR Capital LLP and Terra Firma Capital Partners Ltd. have another two weeks to make an offer for IWG Plc, the serviced-office company that owns the Regus brand. A fourth bidder, Prime Opportunities Investment Group LLC, was excluded. → Read More
Unsold London Homes Under Construction Climb to Another Record
The number of unsold homes under construction in London keeps rising as new building starts continue to climb. → Read More
London’s Hottest Properties Are Urban Warehouses
Demand for industrial space from online retailers like Amazon is luring some of the world’s biggest investors → Read More
Korea Fund Is Lead Bidder to Buy Goldman’s New London HQ
Korea’s National Pension Service is the lead bidder to buy Goldman Sachs Group Inc.’s new London headquarters, a person with knowledge of the sale said. → Read More
BBC Poll Reveals Split Over English Pride
England’s Brexit-voting pensioners are proud to call themselves English. The nation’s young people aren’t so sure. → Read More
Help to Buy: Five Experts on Its Impact on U.K. Property Market
Homebuilders are warning that the withdrawal of cheap home loans that stoked London’s property boom in recent years would disrupt the market. → Read More
Covent Garden Landlord's Split Seen Creating Two M&A Targets
Splitting up Capital & Counties Properties Plc, the poster child for London’s two-tier property market, may just create two takeover targets instead of one. → Read More
London’s Luxury Homes Lure Hedge Fund Cash
Developers like building luxury London homes. Their bankers would rather they didn’t. → Read More
London’s Long Housing Boom Is Over. Is a Bust Coming?
Pillars that supported home prices for years are under threat. And then there’s Brexit. → Read More
U.K. Shopping Mall Lending Becomes a ‘No-Go Area’ for One Bank
It’s been a tough year for British retail and now an experienced lender says it won’t advance credit for malls there. → Read More
The Numbers Behind WeWork’s Growing Empire
WeWork Cos. is tapping the bond market for the first time and in doing so, has provided a rare glimpse into the startling numbers behind its break-neck expansion. → Read More