With flood alerts and warnings still in place in some parts of the UK, the Association Of British Insurers (ABI) has warned that up to 250,000 residential homes and commercial properties could be left without flood insurance.
The ABI has claimed that it had already reached a crisis point in its talks with the government […]
With flood alerts and warnings still in place in some parts of the UK, the Association Of British Insurers (ABI) has warned that up to 250,000 residential homes and commercial properties could be left without flood insurance.
The ABI has claimed that it had already reached a crisis point in its talks with the government over replacing an agreement which would ensure that all households in area at high-risk of flooding could still secure some degree of flood insurance. However that was before last week’s heavy rain.
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The UK property market looks set to be boosted by overseas investments as the Singapore government announce their intention to target London with a £200 Million (GBP) fund.
The small investment fund of the Government of Singapore Investment Corporation (GIC) represents further investment in a UK property market that has become increasingly popular with foreign […]
The UK property market looks set to be boosted by overseas investments as the Singapore government announce their intention to target London with a £200 Million (GBP) fund.
The small investment fund of the Government of Singapore Investment Corporation (GIC) represents further investment in a UK property market that has become increasingly popular with foreign buyers.
Sovereign wealth funds and other investors from Asia accounted for 30% of all commercial property deals in the UK capital in 2011 and GIC already owns a stake in Kent’s Bluewater Shopping Centre.
The Singapore group will now work with London-based investment manager Orchard Street Investment Management, whose chairman, Chris Bartram, said it will look to spend between £15 – 50 Million (GBP) on 15 commercial properties targeting office, retail and industrial sectors.