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real estate

Hays Travel family business rescues Thomas Cook shops and staff

October 9, 2019

British family business Hays Travel says it will buy the entire property portfolio of the collapsed travel group Thomas Cook and save up to 2,500 jobs.

British family business Hays Travel says it will buy the entire property portfolio of the collapsed travel group Thomas Cook and save up to 2,500 jobs.

The UK’s largest independent travel agent announced today they had agreed to acquire Thomas Cook’s 555 high street stores for an undisclosed amount. The 39-year-old company already owned 190 shops across the country and employed hundreds of homeworkers.

Family offices braced for downturn, succession planning heats up

September 24, 2019

More than half of the world’s leading family office principals say they expect a market downturn to start in 2020 and are considering how to safeguard against potential losses and capitalise on new opportunities.

Nearly half (45%) of principals surveyed said they were re-aligning their investment strategy to manage risk or take advantage of opportunistic events (42%). Another two-fifths (42%) said they were increasing their cash reserves, while a fifth (22%) are reducing leverage exposure within their investments.

What are the hot investment trends families are chasing?

September 13, 2019

Family offices are adopting the entrepreneurial flair of venture capitalists in their pursuit of bespoke real estate deals, Moonshot startups, sustainability projects and cross-border investments.

Family offices are adopting the entrepreneurial flair of venture capitalists in their pursuit of bespoke real estate deals, Moonshot startups, sustainability projects and cross-border investments.

Wealthy families invest in succession and safety in property in era of uncertainty

March 8, 2019

More family offices are looking to get involved in co-investments with other families and the best advisers in emerging property sectors could be the next generation, says a new report on wealth.

More family offices are looking to get involved in co-investments with other families and the best advisers in emerging property sectors could be the next generation, says a new report on wealth.

More ultra-high net worth individuals (UHNWIs) and their families were choosing to cut out the middleman when it came to their investment portfolios by setting up a dedicated family office and property was no exception, Knight Frank said in its Wealth Report this week.

The Greek treatment of digital platform short-term property rentals

January 15, 2019

How the Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy”.

The Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy” (through digital platforms like Airbnb) in the article 111 of Law 4446/2016, as amended and in force.

Important definitions

A sharing economy is considered to be any model where digital platforms create an open market for the temporary use of goods or services that are often provided by individuals.

Keys to success: How the Ray White family built Australasia's largest real estate group

November 13, 2018

Ray White Group has grown from one man and his shed in Australia’s backblocks to an international property powerhouse. Nicholas Moodymeets third-generation co-chairman Brian White

Ray White Group has grown from one man and his shed in Australia’s backblocks to an international property powerhouse. Nicholas Moody meets third-generation co-chairman Brian White

The heart of Australasia’s largest real estate agency sits not among the soaring steel and glimmering glass of Brisbane, Sydney, or Melbourne’s high-rise skylines, but in a humble tin shed in Crows Nest, a small Queensland town, 150km north-west of Brisbane.

Market insight: Mastering Manhattan

November 7, 2018

MG Capital specialises in New York’s unique luxury residential market. In our Q&A, founder and chief executive Eric Malley outlines why his firm’s real estate niche is so popular with global investors

MG Capital has specialised in luxury residential property in Manhattan for almost 20 years, what makes it a unique market for investors?

Avoiding the “Michael Fish moment”: Behavioural finance and the family office

April 5, 2018

In the past four years family offices have been consistently over-optimistic about their future investment performance when contributing to The Global Family Office Report. Is behavioural finance the answer to more effective forecasts or should they put more effort into predicting other indicators? Nicholas Moodyreports

Homes from home: The world’s most sought-after locations

December 6, 2017

With second homes needing to make sense both as investments and as great places to live, what do the world’s most sought-after locations have to offer?

With second homes needing to make sense both as investments and as great places to live, what do the world’s most sought-after locations have to offer?

ASPEN, COLORADO, US

Few places fit the tag “billionaire’s playground” quite like Aspen, Colorado.

Nestled within the Rocky Mountains, it has long been one of the United States’ most exclusive skiing destinations.

Australia leads Asia-Pacific family office appetite for alternative investments

October 19, 2017

Asia-Pacific family offices continue to prefer a hands-on role in managing illiquid investments, allocating almost a third of their portfolios to direct investment in real estate and venture capital/private equity, led by Australia.