Investors

Citigroup is close to striking a deal to buy the Canary Wharf tower in which its own headquarters is located, it is reported. The 42 storey 25 Canada Square building was put up for sale by its owners AGC Equity Partners last autumn. Now…
Read More...

Saudi Arabia’s Public Investment Fund or PIF is to set up an office in London as well as in New York and San Francisco as it looks to buy up more international assets. Saudi Arabia’s sovereign wealth fund is worth an estimated $300bn and it…
Read More...

Controversial Kent landlord Fergus Wilson has revealed some of the secrets of his success in an interview with a local newspaper. In the interview Wilson attributes his success to – amongst other more colourful things – subletting which…
Read More...

The way to fund a luxury property buying spree is to run a hedge fund – so says The Times newspaper. The newspaper says that Ken Griffin, founder and CEO of Chiacgo-based Citadel LLC, was worth $9.8bn by the end of 2018, making him the…
Read More...

Property mogul Vincent Tchenguiz is to invest another $100m in technology companies with a particular focus on biotechnology, it is reported. Tchenguiz’s Consensus Business Group is thought to have already invested $200m in tech companies…
Read More...

The founder and CEO of Sports Direct now controls almost 30m sq.ft of UK retail space. Analysis by Radius Data Exchange shows that this 30m sq.ft amounts to around 2.5% of all UK retail space. In comparison Sainsburys have 23.2m sq.ft. and…
Read More...

The new Sunday Times Tax List shows that only one of the UK’s top ten taxpayers derives their income principally from property investment. The list looks at the top 50 UK taxpayers, how much they pay, and at where they earn their taxable…
Read More...

Property mogul Nick Candy appears to be gambling on a change of investment strategy by investing in a new start up site for amateur gamblers called Betconnect. Candy’s investment comes just weeks after the failure of another business he had…
Read More...

David and Simon Reuben have sold their holding in the luxury travel operator Belmond Limited, it is reported. The brothers are believed to have received £233m for their stake. Established over 40 years ago with the acquisition of Belmond…
Read More...

The latest proposals for a significant regeneration scheme in Newcastle, being brought forward by David and Simon Reuben’s Taras Properties, have been released for public consultation this week. The 14 storey Bank House project will…
Read More...

Hines European Value Fund (HEVF) have bought up what are described as the assets above London’s Bond Street underground station, with the intention of delivering retail and residential space. International real estate firm Hines acquired…
Read More...

Amazon founder Jeff Bezos has a net worth of $140bn (around £110bn) a substantial part of which is held in property, according to a recent report. The size of Bezos’ portfolio has come to light following the announcement of his divorce from…
Read More...

Ex-CEO of failed online agency Emoov Russell Quirk has returned with a new venture called Properganda PR. Quirk is offering his services as a property, digital transformation and PR specialist and media commentator, according to his updated…
Read More...

Irish property mogul Stephen Vernon has acquired a 5% stake in serviced apartment company Staycity. Investing via his John Pollard Foundation Vernon will join the Staycity board as a non-executive director but says he intends to take an…
Read More...

ADIB Abu Dhabi Islamic Bank’s branch office at One Hyde Park has been sold to an undisclosed European investor for £27.5m, it is reported. The investment will earn its new owner a rent in the region of £900,000 pa. In reality much more than…
Read More...

The Swiss investment bank UBS AG now owns 9.37% of London letting and estate agency Foxtons, following the announcement of a transaction which took place last week. The announcement said that the transaction was 13.3m indirect shares and…
Read More...