Legal/property markets – Rise in fraud cases

Posted on: June 5, 2009

City of London Police reported that the number of reported frauds rose by 64% last year. They advocate changing its name from the gentlemanly “white collar crime” to “organised crime”. They highlight mortgage fraud in the property market caused by deliberate over valuing of new developments requiring conspiracies of lawyers, estate agents and developers working […]

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London still top for Euro investment

Posted on: June 5, 2009

There were several media reports on Ernst & Young’s annual survey that London remains Europe’s top choice for foreign investment. London attracted 262 foreign investment projects last year making it top City in Europe for 11th year in a row. However, this was 14% down on 2007. The UK was also Europe’s leading country for […]

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Recovery? – Mixed messages for property and the professions

Posted on: May 1, 2009

Taking a random sample of recent press reports it seems that there is still no consensus about what is happening in the market: Savills, usually the darling of property performers, posted annual losses of £7.7m and cut its dividend. It reports a “very cautious” outlook for 2009. Sir John Ritblat said “Only now are we […]

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The housing downturn – An analysis

Posted on: April 28, 2009

Graham Norwood, with whom I co-wrote the book “Media relations in property” (EG Books) a couple of years ago has just had his latest book published. In the book, he sets out the signals that were appearing from 2005 and asks questions about why so few people spoke out as the foundations of the industry […]

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Some good news at last – Accountants ‘best placed’ to benefit from recovery

Posted on: April 22, 2009

Accountancy Age magazine carried the following story yesterday: “PwC says business services sector will emerge in the best shape following the recession Accountants, lawyers and property management companies will be among those to benefit early from an economic recovery, a PricewaterhouseCoopers index has found. Firms in the business services sector, which also includes computer technology, […]

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