By continuing to use the site you agree to our Privacy & Cookies policy

Your browser seems to have cookies disabled. For the best experience of this website, please enable cookies in your browser.

Close

Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Close

three of a kind Man of property

Astragal's ex-comrade in arms John Welsh is abandoning architecture - or at least the editorship of the riba Journal. Instead he is to edit Property Week, where the concept of good architecture is almost entirely related to the gross-to-net ratio. Astragal offers him best wishes, and a reminder that in property the definition of a yield is 'to give in'; an equated yield is 'I call it 7 per cent, you call it 9 per cent - let's call it 8 per cent', and that even in these days of computer analysis, the 'wet finger in the wind' method of valuation still holds sway in most property quarters.

Have your say

You must sign in to make a comment.

The searchable digital buildings archive with drawings from more than 1,500 projects

AJ newsletters