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Property Developers Should Be ‘Running’ to the Middle East | In the City
Posted
February 8, 2024
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February 8, 2024
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23:47Now Playing“The most undervalued real estate market in the world today, without a doubt, is the Middle East,” says property tycoon Nick Candy. Joining host Francine Lacqua on this week’s episode of In the City, Candy says he would be “running” to the region if he were in his twenties and starting up in real estate again. He also explains why when it comes to the UK government’s leadership, he thinks it’s time for a change, and why it'd be impossible for him to build a project like One Hyde Park in London now.
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Is London having another moment? Shaken by Brexit, decimated by the pandemic, threatened by new ways of working and a worsening cost-of-living crisis, the city remains Europe’s (and arguably the world’s) beating heart for finance and for culture. In the wake of turmoil, The City of London is reinventing itself. Every week on In The City, Bloomberg’s Francine Lacqua and David Merritt go behind the scenes in the Square Mile and the wider metropolis, uncovering the stories and speaking to the people that matter.
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