Real Estate and Global Capital Networks: Drilling into the City of London

2015 ◽  
Author(s):  
Colin Lizieri ◽  
Daniel Mekic
Keyword(s):  
Real Estate ◽  
Global Capital ◽  
City Of London ◽  
The City

scholarly journals Distance and diversification

2016 ◽  
Vol 9 (2) ◽  
pp. 183-192
Author(s):  
Stephen Lee
Keyword(s):  
Real Estate ◽  
Portfolio Management ◽  
Spatial Diversity ◽  
Geographical Distance ◽  
Content Type ◽  
Economic Distance ◽  
Office Markets ◽  
The Uk ◽  
City Of London ◽  
The City

Purpose The purpose of this paper is to examine whether geographical distance or economic distance offers greater diversification benefits in the UK office market. Design/methodology/approach The real estate investment data for this study come from the Investment Property Databank analysis “UK Quarterly Key Centres Q2 2015”. The author measures the geographical distance between the City of London and 27 local authorities (LAs) by road distance. The author used the market size and employment structure of the LAs relative to the City of London to calculate economic distance. Findings The results show that LAs that are classified on their economic distance show significant negative office rental growth correlations with the City of London. In contrast, geographical distance shows no relationship. Results are consistent for the overall sample period and for various periods. Practical implications Spatial diversity is a fundamental tenet of real estate portfolio management and the results here show that it is better to diversify by across office markets in the UK using the economic attributes of LAs rather than the physical distance between locations. Originality/value This is one of only two papers to explicitly examine whether economic distance or geographical distance leads to significantly lower rental growth coefficients between locations in office markets and the first in the UK.

Global Capital Flows and Investments in Real Estate Office Markets in Global Financial Cities.

2018 ◽  
Author(s):  
Michael McCord ◽  
Stanley McGreal ◽  
Jim Berry ◽  
Olawumi Fadeyi
Keyword(s):  
Real Estate ◽  
Capital Flows ◽  
Global Capital ◽  
Office Markets

Francis Woodleke’s Window

2017 ◽  
Author(s):  
Shannon McSheffrey
Keyword(s):  
Urban Environment ◽  
Drainage Channels ◽  
City Of London ◽  
The City

A royal enquiry was commissioned in the mid-1530s to investigate the boundaries of the sanctuary of St Martin le Grand. This enquiry was precipitated not by a problem with felonious sanctuary seekers, but instead by a conflict between the City of London and Dutch-born shoemakers making and selling their wares in St Martin’s precinct despite prohibitions against immigrant labour. The testimony in the enquiry uncovers the complexity of jurisdictional rights woven into the idea of sanctuary: battles over labour, trade, and immigration were conflated with asylum for accused felons in both attacks and defences of sanctuary privilege. The witnesses’ statements also reveal how the boundaries of the sanctuary—often marked only by convention or by drainage channels in the street—functioned in the urban environment.

Introduction

2017 ◽  
Author(s):  
Aled Davies
Keyword(s):  
Industrial Development ◽  
The Political ◽  
Social Democratic ◽  
Financial Centre ◽  
Conservative Government ◽  
The Social ◽  
Post War ◽  
City Of London ◽  
The Relationship ◽  
The City

This book is a study of the political economy of Britain’s chief financial centre, the City of London, in the two decades prior to the election of Margaret Thatcher’s first Conservative government in 1979. The primary purpose of the book is to evaluate the relationship between the financial sector based in the City, and the economic strategy of social democracy in post-war Britain. In particular, it focuses on how the financial system related to the social democratic pursuit of national industrial development and modernization, and on how the norms of social democratic economic policy were challenged by a variety of fundamental changes to the City that took place during the period....

Conclusion

2017 ◽  
Author(s):  
Aled Davies
Keyword(s):  
International Monetary System ◽  
The State ◽  
Real Economy ◽  
Social Democratic ◽  
Monetary System ◽  
1960S And 1970S ◽  
Post War ◽  
The 1960S ◽  
City Of London ◽  
The City

The aim of this book has been to evaluate the relationship between Britain’s financial sector, based in the City of London, and the social democratic economic strategy of post-war Britain. The central argument presented in the book was that changes to the City during the 1960s and 1970s undermined a number of the key post-war social democratic techniques designed to sustain and develop a modern industrial economy. Financial institutionalization weakened the state’s ability to influence investment, and the labour movement was unable successfully to integrate the institutionalized funds within a renewed social democratic economic agenda. The post-war settlement in banking came under strain in the 1960s as new banking and credit institutions developed that the state struggled to manage. This was exacerbated by the decision to introduce competition among the clearing banks in 1971, which further weakened the state’s capacity to control the provision and allocation of credit to the real economy. The resurrection of an unregulated global capital market, centred on London, overwhelmed the capacity of the state to pursue domestic-focused macroeconomic policies—a problem worsened by the concurrent collapse of the Bretton Woods international monetary system. Against this background, the fundamental social democratic assumption that national prosperity could be achieved only through industry-led growth and modernization was undermined by an effective campaign to reconceptualize Britain as a fundamentally financial and commercial nation with the City of London at its heart....

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