North America

The problem with Houston

The energy capital of the US last year was bolstered by the news that in 2015 the country would produce more gas and oil than Saudi Arabia and that oil prices would stay high. Then it all changed. 

In summer 2014, Houston was cooking. The biggest city in Texas had largely escaped the effects of the downturn and was growing at a rapid pace. Employment levels were booming, with 80,000-plus jobs being created every year, more than 200 people a day were moving to the city to pick up those jobs and development was booming.

Oil prices…

Other News

Greater London’s planning application hotspots

EG has picked out the top eight London postcodes that have seen increases in planning applications. The hotspots, located mainly across outer London, averaged just three… Read more »

N North America

Blockade means uncertainty for future of Qatari investment

There can be absolutely no doubt about the extent of Qatar’s heavy investment abroad in recent years. Since 2004 the gas-rich Gulf state has invested… Read more »

N North America

UK owners still dominate London office ownership

Cash from around the world has poured into the capital’s business districts in recent years, but domestic owners still rule the roost. Looking at office… Read more »

N North America