The Masked Tulip Posted May 12, 2015 Share Posted May 12, 2015 Not everybody thinks London property is now on a roll. The Agnellis, who founded Italian carmaker Fiat, have just made a $720 million gain on their 2007 investment in agents Cushman & Wakefield by selling out to rival DTZ who clearly think they know property cycles rather better. http://www.arabianmoney.net/global-economics/2015/05/12/how-fiats-founding-family-just-cashed-out-of-london-property-with-a-720m-profit/ Quote Link to comment Share on other sites More sharing options...
zugzwang Posted May 12, 2015 Share Posted May 12, 2015 It's been years since Fiat made any money selling cars. Flogging overpriced property to the British is clearly much easier. Quote Link to comment Share on other sites More sharing options...
Venger Posted May 12, 2015 Share Posted May 12, 2015 The authorities know how to turn major credit/liquidity crunches, in to double-peak values in just a few years. http://www.housepricecrash.co.uk/forum/index.php?/topic/171435-dtz-worthless/ Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 12, 2015 Share Posted May 12, 2015 The authorities know how to turn major credit/liquidity crunches, in to double-peak values in just a few years. http://www.housepricecrash.co.uk/forum/index.php?/topic/171435-dtz-worthless/ Don't think Osborne can believe what happened hence why of got mmr and els being pulled. they know it's a dangerous bubble in London not the ongoing gentle support they had maybe intended Quote Link to comment Share on other sites More sharing options...
sPinwheel Posted May 12, 2015 Share Posted May 12, 2015 Failed In All Tests Quote Link to comment Share on other sites More sharing options...
SNACR Posted May 13, 2015 Share Posted May 13, 2015 Fix It Again Tomorrow Quote Link to comment Share on other sites More sharing options...
2buyornot2buy Posted May 13, 2015 Share Posted May 13, 2015 (edited) Didn't DTZ go belly up a couple of years ago? Sorry, see link above. Edited May 13, 2015 by 2buyornot2buy Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted May 13, 2015 Share Posted May 13, 2015 That's Fiat currency for you. Quote Link to comment Share on other sites More sharing options...
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