Tim Burke
Financial News
United Kingdom
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Past articles by Tim:
HSBC leases more than 1,000 WeWork desks in Waterloo
Co-working company continues its drive to build a business around larger corporate tenants as well as smaller businesses → Read More
The City’s next top model: a VR Square Mile
Corporation is working on a tech-savvy presentation for next year’s Mipim event → Read More
FCA delays illiquid assets report following Woodford suspension
Regulator needs more time over consultation that was originally called to tackle fallout from property fund suspensions in 2016 → Read More
Brexit blamed as City property deals head for eight-year low
Industry figures think buyers and sellers will continue with a 'wait and see' approach until at least the new Brexit date of October 31 → Read More
MPs criticise use of NDAs to ‘silence victims’ of discrimination
Government says it shares select committee’s concerns over settlements of legal cases → Read More
Fashion victim: private equity investments in UK shopping centres turn sour
Private equity firms that previously binged on bricks-and-mortar retail portfolios are changing their plans in response to the sector’s struggles → Read More
Brexit delay fails to halt UK property funds sell-off
Investors have pulled £1.3bn from real estate funds since last October → Read More
Neil Woodford suspends trading in £4bn flagship fund
The LF Woodford Equity Income Fund has been suspended with "immediate effect and until further notice" → Read More
Square Mile leads the way as London office builds pick up in face of Brexit
More than half of the space being developed across the capital is in its financial heartland → Read More
Retail crisis forces property companies to sell assets worth billions
CBRE, the property services group, has called the problems facing the retail sector a ‘perfect storm’ → Read More
Goldman goes warehouse hunting with new property venture
US bank gives mandate to Mirastar, a new JV targeting logistics deals in Europe → Read More
British Land posts loss on retail woes
Property company’s CEO says market is ‘uneven’, with challenges for retail but growth in offices → Read More
WeWork’s Patrick Nelson: ‘The building is the hardware, we’re the software’
The co-working company’s head of European real estate on community, short-termism and co-working competition → Read More
Property group Landsec doubles down on London
Loss widens and values fall for FTSE100 developer, but CEO says London has ‘enduring appeal’ and commits to new developments → Read More
Property boss says danger of ‘Corbyn-dioxide’ is a deal deterrent
CBRE’s Kevin McCauley says investors have priced in Brexit, but a change of government worries them → Read More
Development bank shifts HQ from Square Mile to Canary Wharf
EBRD will move into a new office building also occupied by Societe Generale → Read More
Plans for a greener, cleaner Square Mile pick up pace
City of London Corporation’s transport committee signs off 25-year transport strategy → Read More
Tower of London’s World Heritage status at risk from Tulip
The body advising the World Heritage Centre has urged the UK to abandon Norman Foster's new building → Read More
Citi buys Belfast office days after confirming deal for Canary Wharf HQ
The US bank’s strategy is to buy rather than rent offices to lower costs → Read More
Medicines watchdog appeals Brexit lease ruling in Canary Wharf
A court case over whether office tenants should be allowed to walk away from their leases due to the disruption of Brexit is set to be reopened. The European Medicines Agency has appealed in a case it lost to Canary Wharf over whether it could break the lease on its London office, according to a spokeswoman for the agency. The appeal was lodged on April 15, the deadline for the EMA to do so. → Read More