Away from a British sporting weekend that has included the return of the Premier League after the nauseating dullness of an international break, the US saw the start of the new NFL season this week. The reigning Super Bowl champions, The New England Patriots, were supposed to be so good that they’d go through the new season undefeated. They promptly lost their first game on Thursday night against Dallas. Since 2007 the NFL has hosted regular games outside the United States as part of the NFL International Series. Wembley Stadium was the exclusive host for one game a year up until 2013. Last year, Twickenham and the Estadio Azteca in Mexico hosted games for the first time. Whilst talk of setting up a London franchise has been on the table for what seems like an eternity, the NFL may have finally found the trigger they needed…Brexit. Previous advice was that the NFL would be in breach of EU employment laws if they set up in London. However Britain's departure from the EU is expected to remove some of the major legal obstacles. The UK’s NFL fan base of 13 million will be looking for David Davis and his crew to make some ‘decisive progress’ in the coming months.
Whilst the summer period is usually associated with a period of quietness in the UK property market, continued investor appetite, combined with low levels of investment stock, caused yields to hardened by 0.1% to 4.65% in August according to Savills, following three months of no movement. UK commercial property yields are now at their lowest level since the Brexit vote. Regional office yields dropped from 5.25% to 5.00% in July, while both regional industrial and hotel yields fell from 5.00% to 4.75%. During August yields for retail warehouses and foodstores followed suit, hardening from 5.75% to 5.50% and from 5.00% to 4.75% respectively. Foodstore yields now sit at their lowest level in nearly three years. The story though is not quite so rosy for the prime Central London residential market according to Knight Frank. The summer months saw further falls in prices and transaction volumes. Prices fell by 0.20% in August (5.40% annually), whilst the number of transactions between May and August was 2.60% lower than between January and April this year. With the property market mainly back from the beaches, the big question now is what does the last four months of the year have in store?
Are you at your most boring? Well, the age at which we hit peak boring has been revealed this week. New ‘research’ by Airbnb Experiences has worked out the optimum age for boredom and excitement by questioning 2,000 people. How do we define or measure boringness? According to Airbnb, it's to do with adventurous activities like staying out on a school night (how adventurous!), trying out a new hobby or visiting a friend unannounced! What??? Anyway, based on these rather indifferent criteria, the research concluded that British men are at their most boring at 39 and women at 35. Apparently 27 is the age at which people are their most exciting, with people becoming duller as they take on increased responsibilities in their thirties. Children and careers have so much to answer for, don’t they?