tag:blogger.com,1999:blog-2129943063330427887.post660789263796571871..comments2024-03-28T19:20:52.408+00:00Comments on WEMBLEY MATTERS: Huge chunk of Wembley Park to go to US company in Quintain dealUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2129943063330427887.post-75859521927456333982015-07-31T20:57:56.201+01:002015-07-31T20:57:56.201+01:00It appears that Lone Star (a private equity and re...It appears that Lone Star (a private equity and real estate investment firm) specialises in asset acquisitions, company sponsorships, corporate acquisitions, distressed debt, refinancing and turnarounds.<br /><br />If my googling is correct, Lone Star was accused of buying the Korea Exchange Bank for an artificially high price and of tax evasion. Lone Star then made an altruistic donation of $100m before the investigation was completed. In fairness to Lone Star the two could be entirely unrelated. .<br /><br />http://www.ft.com/cms/s/0/8f88c930-d00a-11da-80fb-0000779e2340.html#axzz3hUzcw6ej <br /><br /><br /><br /><br />Nan.noreply@blogger.comtag:blogger.com,1999:blog-2129943063330427887.post-29816758562352983022015-07-31T14:18:04.510+01:002015-07-31T14:18:04.510+01:00You need to move on from these quaint old-fashione...You need to move on from these quaint old-fashioned ideas about 'homes', Martin. As the Lone Star statement makes clear, these are 'residential assets'.<br />Still, it's nice to see Americans joining the Qataris, Kuwaitis, Singaporeans, Malaysians, Swiss, Hong Kongers and the rest who make up the vibrant multi-ethnic mix of people who now own big lumps of Brent and can dream from afar of its imagined delights as they watch property prices in the borough rise ever further out of reach of the people who actually live here.<br /><br />Mike Hine Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2129943063330427887.post-52860285355156383802015-07-30T18:59:44.397+01:002015-07-30T18:59:44.397+01:00Martin wrote: " I wonder how many of the new ...Martin wrote: " I wonder how many of the new homes will be social housing?"<br /><br />There is 'social housing' and there is vulnerability. Nasty policies hit more and more people and central and local government policies impinge on society to make more and more people vulnerable, and the reputation of 'social landlords' toward their tenants becomes ever more intimidating.<br /><br />And whether claimants of Jobseekers Allowance or Employment and Support Allowance Work Related Activity Group are in the Private Rented Sector or 'social housing' when they are hit by benefit sanctions, their Housing Benefit entitlement stops automatically. Having one's Housing Benefit entitlement stopped because of a benefit sanction necessitates a claim for Housing Benefit on the basis of a 'nil income'. And that, in Brent just about necessitates a visit to the 'Brent Civic Centre', which to access the outside of is to 'run a gauntlet' of intimidating property porn.<br /><br />To not claim for Housing Benefit on the basis of a nil income in such circumstances increases the likelihood of an irredeemable build-up of rent-arrears leading to eviction and 'vacant possession'. Amid such circumstances, Brent housing officials are developing a greater and greater reputation for complete heartlessness.<br /><br />I am reminded of a line from Euripides play 'The Trojan Women' adapted and translated by Jean-Paul Sartre at the time of Algeria's War of Indepence: "Those who give the order seldom see the mess it makes."Kilburn Unemployed Workers Grouphttps://www.blogger.com/profile/17281633520479831796noreply@blogger.comtag:blogger.com,1999:blog-2129943063330427887.post-89091353780092819662015-07-30T11:48:16.299+01:002015-07-30T11:48:16.299+01:00Is this additional?
http://www.kilburntimes.co.uk/...Is this additional?<br />http://www.kilburntimes.co.uk/news/thousands_of_new_homes_to_be_built_in_alperton_as_part_the_mayor_of_london_s_housing_zone_scheme_1_4173983<br />What contributions are being made by developers to the infrastructure, in order to support these new developments? And what scrutiny is in place to ensure that they are not miss-representing their expected profit margins, to reduce the percentage of 'affordable' housing?claremountieshttps://www.blogger.com/profile/11392927701817762687noreply@blogger.com