Real estate investors know what they like. They like global cities, the furnaces for growth. They like the kind of substantial commercial building that you often find in major city centres and they like those buildings to be tenanted with the kind of stable, long-term global employers that base themselves in those city centres to service their customers and maximise their chances of finding and keeping the kind of employees that they need to run their businesses smoothly and efficiently. Real estate investors also like the choice of properties and liquidity that is usually on offer in global cities as a means of implementing their particular strategy. Buy or sell, in or out, it’s a win-win game.

Usually. Sometimes things get in the way and the hoped-for lengthy relationship falls victim to circumstance, whether investor/manager or landlord/tenant or employer/employee. A relationship failure is often a sign of a wider malaise; an economic downturn, a problematic mark