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The U.S. office market continued its slow-and-steady recovery in the first quarter, with technology-heavy markets leading an overall modest growth of rents and occupancies.
After an eventful weekend with family, friends and sport teammates, waking up at seven o’clock on a rainy and cloudy Monday it is not easy to start the week. The subway is overloaded with people, you spilled coffee on your white blouse and when you think that the worst possible things have already happened, you receive an e-mail from your boss with all the things you have not finished on Friday before leaving the office. Sounds familiar?
London's West End is the world's most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong, according to research published today in Cushman & Wakefield's annual Office Space Across the World global rankings.
According to a new Knight Frank forecast, the volume of specialist property investment will exceed £10 billion in 2015 and will account for 20 percent of the total UK commercial market by 2020.
One in four letting agents in the UK have seen private sector rents rise at the beginning of 2015, according to the first of a new monthly report from the Association of Residential Letting Agents (ARLA).
Ethics is a system of moral principles where there is a distinction between acting in a good way or in a wrong way. In 1943, French writer Somerset Maugham stated that people accept the importance of the virtues of integrity and self-sacrifice, but that this meant nothing compared powerful incentive of self-interest. In contrast to what he referred as ‘correct virtues become habits’, a great part of real estate business nowadays operate in the exact opposite way. A great deal of real estate agents act with the wrong ethical principles. Real estate is a business which involves a series of vague regulations and laws considering the matter of business ethics. There has been an increase of reports of ethical financial misconduct regarding real estate offices in the United Kingdom. To manage the code of conduct in different firms it is of great importance that the regulations are unambiguous and clear in order to avoid doubt and uncertainty. The fact that there is still a misinterpretation of the ethical regulations inhibits real estate firms from implanting the right code of conduct to surveyors and delays the growth of the real estate market in the United Kingdom.
MOUNT Street Loan Solutions is doing a roaring business. The London-based loan servicing firm has expanded from five to 30 employees in two years. Its assets under management have doubled to £11 billion ($20.6bn) since March.
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