To listen to the full episode search for "EG Property Podcasts" on iTunes, Spotify or Podbean. https://estatesgazette.podbean.com
On this week’s Tech Talk Radio, co-hosts Emily Wright and Samantha McClary speak to Tripty Arya about her property and project management start up Travtus. Arya delves into how data eliminates the alpha, a trait often associated with the real estate sector and opens up about why she chose to name the AI bot at the heart of her product Adam despite being a female entrepreneur.
To listen to the full episode search for "EG Property Podcasts" on iTunes, Spotify or Podbean. https://estatesgazette.podbean.com/
Alfie Best was born in a caravan in Leicester and has since made a fortune selling mobile homes. He joins EG to reflect on overcoming poverty and entering the property industry while grappling with his identity as a Romany gypsy.
To listen to the full episode search for "EG Property Podcasts" on iTunes, Spotify or Podbean.
Alfie Best was born in a caravan in Leicester and has since made a fortune selling mobile homes. He joins EG to reflect on overcoming poverty and entering the property industry while grappling with his identity as a Romany gypsy.
JAHAMA is the new property arm of GFG Alliance, a family-owned steel empire that possesses the UK’s fifth largest land portfolio, and gets described as a “sleeping giant” by its chief investment officer.
Estates Gazette spoke to the great and the good of the industry to get their reaction to the Autumn Statement.
EG deputy editor Samantha McClary and features and global editor Emily Wright reflect on a day of surprise as property mogul and reality TV star Donald Trump is elected as President of the United States. With input from experts from across the globe, the pair discuss the impact on the real estate industry, sentiment and diversity. Tune in, sit back and listen to this presidential edition of the EG Podcast.
Bristol needs to consider developing tall buildings to maximise the constrained city’s potential in offering significant new, grade A office space.
Speaking just after the Estates Gazette’s first ever City Talks event in Bristol, where the panel debated having a more flexible approach to building tall – guests Phil Morton of CBRE and James Prowse from Hyperoptic shared their views.
Why are Northern Powerhouse local authorities leaving London boroughs behind on speed of processing planning applications?
EG spoke to GL Hearn planning director Ben Wrighton about the results of the 2016 survey, produced in collaboration with the British Property Federation.
EXPO REAL 2016: M&G Real Estate is anticipating record inflows to its funds in the final quarter of 2016.
EXPO REAL 2016: The logistics sector is set for a prolonged period of consolidation, with demand from investors at an all time high, according to Logicor chief executive Mo Barzegar.
EXPO REAL 2016: The UK has become a “challenging” place to invest, according to Anne Kavanagh, Axa IM – Real Assets’ global head of asset management and transactions.
EG spoke to Grainger chief executive Helen Gordon at the Conservative party conference about the PRS policies she would like to see in the housing white paper
Segro chief executive and British Property Federation president analyses new government policy and atmosphere at the Conservative party conference
The UK’s planning system is the hardest to navigate in Europe in order to develop logistics, according to Prologis’s president of Europe Ben Bannatyne.
EG spoke to Amanda Clack at the Conservative party conference about her policy priorities for government.
EG spoke to Gavin Barwell at the Conservative Party Conference about housebuilding as a "moral duty", starter homes regulations and what he things about mayor of London Sadiq Khan's investigation into foreign property ownership.
Conservative Party Conference: Lord Kerslake, chairman of UK Northern Powerhouse Advisory Board, reacts to policy-lite housing agenda
David Montague, Chief executive of L&Q, talks to Estates Gazette about what thew new conservative rhetoric means for housing
EG spoke to Baroness Scott at the Conservative Party Conference about government proposals to increase planning fees to bolster local authority departments
LGA Chairman Lord Gary Porter: "developers are sitting on planning permissions" Lord Porter spoke to EG at the Conservative party conference following a panel with housing minister Gavin Barwell discussing how to get more homes built.
Nigel Hinshelwood, head of HSBC's U.K. and European unit, talks to EG at the Conservative Party Conference in Birmingham about the bank's decision to move its HQ to the city.
U+I's deputy chief executive Richard Upton speaks to EG about the developer's plans for more than 1,000 homes for rent in Surrey and Kent.
Mark Rawstron speaks about his career highlights and the firm's future under EQT ahead of his retirement.
Toronto this year ranked fourth in the Economist Intelligence Unit’s annual livability, alongside its domestic neighbours Vancouver and Calgary, which ranked 3rd and 5th respective.
The key, according to the city’s chief city planner, Jennifer Keesmaat is immigration, neighbourliness and an ever-improving transport system.
And as for Brexit, if any place in the world can empathise it’s Canada. In a 1995 referendum voters in Quebec rejected a separation from Canada to form a sovereign state.
“The notion that we are better apart than we are together has been part of our national dialogue,” says Keesmaat.
Does she feel Brexit gives Toronto a global economic advantage?
Travelling on the first leg of the North American investment mission with the Department of International Trade, Estates Gazette caught up with Keesmaat in Toronto to find out.
By Rebecca Kent
Head of residential research Adam Challis explains whats driving the London residential market.
EG spoke to David Cooper, Wells Fargo’s vice president in the bank’s corporate real estate group, about the decision to buy and occupy HB Reavis’ 33 Central, EC4.
Ed Cooke, chief executive, BCSC and Mark Bourgeois, president, BCSC and executive director, Capital & Regional, talk Estates Gazette on the BCSC rebrand
Mike Egerton, co-founder of Urban Food Fest, talks to EStates Gazette about its plans for the UK
Tim Attridge, head of retail ratings at CBRE, talks to Estates Gazette at Revo 2016 on his recent analysis on the chnages to retail business rates on the high street
Elliot Walker, commercial director of The Massage Company, speaks to Estates Gazette at Revo 2016
Rob Wilkinson, chief executive of AEW Europe, discusses how his strategy has changed since the referendum and how to approach market volatility.
EG talks to Andrew Cowan about the latest delays to government infrastructure legislation and the importance of airport capacity for attracting international businesses to the UK
Is the £1bn of public sector investment around HS2 Curzon Street a template for regional regeneration enable by devolution? How can private sector investors and developers get involved in the project?
Post Coventry City Talks event, deputy regional editor and Midlands editor Lisa Pilkington, spoke to Cushman & Wakefield’s Adam Lazenbury and John Sambrook, and Jonathan Robinson of Barberry about the importance of having an improved retail and leisure offer in the city and the impact of acute land shortages and how this issue can be addressed?
David Sleath, chief executive of Segro, discusses raising £325m and his continued confidence in UK real estate
Meg Hillier MP, chairman of the public accounts committee, on how DCLG has got to grips with measuring housebuilding totals on land it has disposed but still has a long way to go to meets its 2015-2020 targets.
Harworth Group chief exec Own Michaelson and finance director Andrew Kirkman explain the regional outlook.
Historic England director of planning Chris Smith: How can developers avoid objections from HE?
By Emily Wright, reporting from Oslo
Overseas investment into Norway hit record levels last year making up around half of all deals as the country continues to open up to international capital.
Stig Bech, partner at Oslo based law firm BA-HR, which was responsible for advising on NOK112bn of a total NOK125bn of deals in Norway in 2015, said that the country was more open to foreign capital than ever before.
He said: "We understand we are part of an international world. It is important to have a lot of players in the market. Otherwise it would get quite boring."
He added that foreign investors were attracted by Norway's safe, stable economy, standardised contracts and best practice and said that Norwegian companies were now even prepared to slow down their famously rapid deal periods to give overseas investors a chance to make their plays.
"Things do happen very fast here. But local companies have been more willing to slow things down and wait a little longer to give international buyers a chance to keep up. And prospectuses have now started to be printed in English.
"Ten years ago the Norwegian market was very local. But things are changing and I have been really impressed by the foreign investors. They have come to the market very prepared."
emily.wright@eatatesgazette.com
By Emily Wright, reporting from Oslo
"It is one thing being the weirdos on the outside but it is another to be the weirdos who leave," an Oslo city councillor has said on the recent Brexit vote.
Victoria Marie Evensen added that, while Norway operates successfully as a European country outside of the EU, there are different circumstances to be considered around the UK's active decision to leave.
"Your economy is tied up with Europe," she said. "It's quite different. We wish you the best of luck."
Evensen also discussed the future masterplanning of Oslo. A city she believes must grow up rather than out in order to curb of urban sprawl in the face of rapid population growth.
She said that there is space to build 147,000 new homes within the current city boundaries if buildings become higher and the urban fabric becomes more dense.
"The population here is expected to grow by 200,000 over the next 20 years. That's from a current figure of 650,000 so it's a lot," she said.
"That means we need to embrace change. People need to go from being NIMBYS to IMBYS. I am not sure there is an alternative.
The chief executive of PegasusLife talks to Estates Gazette about the retirement housing provider's ambitions, and the market post-Brexit
Ian Watson and Morgan Jones, chief executives of Hansteen, talk growths and strengths in the industrial market following strong half year results
Peter Cosmetatos, chief executive of CREFC Europe, discusses the importance of stress tests and the state of banking's exposure to property in post-referendum UK.
NWEC's Jace Tyrell discusses the West End Powerhouse Report and what can be done by the government and investors to ensure the West End continues to thrive.
Barton Willmore's Vincent Ryan discusses what Andy Burnham's housing and planning policies could mean for Greater Manchester.
David Ritchie, chief executive of Bovis Homes, talks to Estates Gazette about the housebuilder's results to June 2016.
Adam Challis, the head of residential research at JLL, discusses the Bank of England's announcements this week and their impact on the property industry
The fit out of Google’s new state-of-the-art office at King’s Cross reflects a tech giant that has grown-up.
Gone are the giant slides, hammocks and primary colours that have become synonymous with Google offices around the world. Instead they have given way to a more sophisticated and sustainable fit-out at its new home, 6 St Pancras Square - a 365,000 sq ft office designed by Allford Hall Monaghan Morris (AHMM).
Estates Gazette toured the building, and spoke to Joe Borret, the search engine giant's head of real estate and construction EMEA.
James Murray speaks to Estates Gazette about what the industry can expect from new supplementary planning guidance on affordable housing which will be released in the autumn.
Lisbon's cheap property prices will only last for so long as the city continues to attract record levels of overseas investment.
Jules Pipe on affordable housing, regeneration and public sector building. The former Hackney mayor spoke to Estates Gazette four days before joining City Hall as London deputy mayor for planning.
Outgoing chief executive Mike Slade talks to Estates Gazette as he prepares for life in his 70’s, sailing around the world, what he will miss most about the property industry and his new role as non-executive chairman.
Knight Frank office agency partner, Toby Withall talks EG through the firm's findings and his forecast for take up over the year.
Ben Dimson, British Land, talks through new research by British Land which appears to show the importance of physical stores, despite the continued rise of online.
Irvine Sellar’s £1bn “Paddington Pole”, set to be the tallest skyscraper in London, has been chopped to less than a quarter of its original proposed height and renamed the Paddington Cube. Sellar talks us through his plans.
Zaha Hadid Architects is looking to reconnect with London developers who were put off by the “perceived public persona” of its late namesake, Dame Zaha Hadid.
Practice director Patrik Schumacher told Estates Gazette said that misconceptions of the Iraqi architect among developers in the UK capital blighted her practice’s attempts to win work in the city for years.
“There was a scare factor. Though I don’t think there should have been.”
Hadid’s closest confidant for thirty years, Schumacher has now stepped up to run the practice following the sudden death of the world-renowned designer at the age of 65 in March this year.
With a fresh focus on winning work in London he said that his “perceived more mellow and withdrawn personality” could be attractive to developers in the UK capital.
“I think Zaha’s perceived public persona and the way people saw her did prevent us from getting commercial work in London,” he added.
Patron Capital has raised €949m (£791m) for its fifth fund targeting opportunistic assets in Western Europe. Keith Breslauer, founder and managing director of Patron Capital, discussed post-Brexit opportunities.
Simon Rubinsohn, RICS Chief Economist, explains the first UK Residential Market Survey to be released post referendum.
EG discusses the industry's hopes for Theresa May with Colin Wilson, head of UK & Ireland at Cushman & Wakefield
“Question the size of a man’s bollocks and he’ll bid on anything”. That was the assumption made by TV presenter Jonny Gould, who left no prisoners as auctioneer at Property Race Day last Friday.
David Erwin, Property Race Day co-founder, on his event highlights from the past 10 years.
Ascot Racecourse played host to hundreds of industry professionals on Friday in a charity networking event, which has raised more than £1.5m since it started 10 years ago.
Industry leaders warned the Welsh government, and Westminster not to give up on economic growth in Wales in light of the vote to leave the European Union.
They were speaking at Cardiff Question Time on 30 June at Cardiff City Hall.
The panellists were:
Michael Plaut, Chairman, CBI Wales
Chris Potts, Director in Planning, Savills
Stephen Widnall, Development Director, Rightacres Property
David Roberts, Consultant, Hugh James
Jo Hunt, Senior Fellow, UK in a Changing Europe, and Cardiff School of Law and Politics
Victoria Quinlan,Chief Operating Officer – Europe, Lendlease, talks about the UK real estate market post Brexit
Goodwin Gaw, Chairman of Gaw Capital, speaks about the UK real estate market post Brexit
David Melhuish, director of the SPF: “We have heard an outline from the prime minister where he indicated that… devolved governments would also be involved in the discussions of where we now go. In Scotland in particular, in our own political context, I think it very important that we get to understand what the political process will be and the what the future relationship, particularly the business and finical relationship will be with the EU– the biggest market on our doorstep.”
The result of yesterday’s referendum vote calls for a “more cautious approach”, according to the chief executive of Segro
The UK public’s decision to leave the European Union reflects the disconnect between London and the regions, says Jonathan Goldstein, chief executive of Cain Hoy.
Britain leaving the European Union “doesn’t’ make much difference” to the UK property market according to Andrew Perloff, chief executive of Panther Securities and long-time UKIP supporter.
Perloff said that he there was “inevitably going to be considerable volatility because so many people had assumed a remain win was likely” following the FTSE 250 opening more than 11% down and the pound at record lows against the dollar.
The Brexit vote is “a wake-up call no anyone who is not privileged” according to a leading investor advisor who has dubbed it the start of a global anti-establishment movement.
Dr Pippa Malmgren, former economic advisor to George W Bush said that the vote for Britain to leave the EU would be a good thing for the UK and UK property and added that the City of London has been suffering Stockholm syndrome in relation to the EU. “It has fallen in love with its captor.”
She said: “This is not just a UK issue. There are exit talks across Europe. Denmark, Sweden, Italy. So what have we actually left? Will there be anything to even exit before too long?
“And it goes further than that. It is global. The people across the world are saying ‘this is not working’.”
Fund managers in the UK have begun a chaotic day ahead, updating investors and starting an adaption to life outside the European Union.
Mike Sales, global co-head of TH Real Estate, the $26bn property manager, said that he was “slightly shocked” but that the company had been preparing for the eventuality and it had “identified work streams or areas such as valuation, product regulation, tax and operations among other areas to work through the various issues and consequences”.
Allied London chief executive Mike Ingall has said regional cities could benefit if London’s position is affected on the global stage.
Cadogan Estate posted a record operating profit of £82.8m in 2015, the firm revealed in its annual report this week.
Watch out Savills, Knight Frank and Hamptons International Warren Buffett is coming to get you.
Rapley’s officially launched its new Birmingham office in the city last night, hosting an evening event at the Hotel du Vin.
Speaking exclusively to Estates Gazette, Rapley’s senior partner Robert Clarke and the firm’s new Birmingham office head Alfred Bartlett, discussed Rapley’s acquisition of Bartlett Property in April and plans for future growth.
The regeneration of Old Oak Common, NW10, will not make the same mistakes as other large-scale development projects in London, says Ealing Borough Council’s executive director of housing and regeneration.
LREF 2016: The age-old debate over the death of the office reared its head once again as experts clashed.
Retail vacancy rates have dropped to the lowest rate in four years. According to the Local Data Company, the number of empty shops dropped in 2013 below 14% but Matthew Hopkinson, director at the company, warned there was a stark north south divide. In February's monthly market update podcast, he told EG: “London, the south east and the midlands are getting better but the north and north east are getting marginally worse,”
Stewart Forsyth, development director at Mountgrange talks to Estates Gazette about the firm's first joint project with M&G Real Estate - the 143,000 sq ft spec office block 1 West Regent Street in Glasgow. With the official tour last week, activity is hotting up at the scheme...
David Partridge, managing partner of Argent, tells Estates Gazette that commercial rents in King’s Cross, N1, are set to keep on climbing.
UK property exceeded the industry’s expectations in 2013, returning 10.5% in 2013 according to IPD’s UK’s quarterly index. Not only are values moving in the right direction, but the recovery is starting to look more broad-based, with value and rental growth coming through in the regions as well as central London. Phil Tily, executive director and head of UK and Ireland, IPD, talks Estates Gazette's finance reporter Sophia Furber through the numbers
EG talks to Innes England director Tim Garratt about its latest research into the East Midlands market, which last year saw the industrial sector hit record take-up levels, while offices struggled.
Savills pipped CBRE to the top of EGi London Offices Research’s first annual investment agents league table. Despite being more than £2.2bn behind CBRE at the end of Q3 2013, Savills finished top by a single percentage point after acting on three of the four largest deals in Q4.
The chairman of BNP Paribas Real Estate, Philippe Zivkovic, was joined by non-executive UK chairman Steve Norris, and UK chief executive John Slade at the launch of 6 Pancras Square, King’s Cross, N1. They talk to Estates Gazette about how success at King’s Cross will contribute to group plans for increasing UK turnover.
EG talks to Ravi Govinder, leader of Wandsworth Council on the investment of Chinese developer Greenland into the Ram Brewery project in Wandsworth
EG talks to Deputy London mayor Ed Lister on the £1.2bn investment of Chinese developer Greenland into two residential sites in London and what this means for the rest of the capital
Guy Grainger, UK chief executive of JLL, talks to EG about growth predictions for the UK property industry in 2014.
Ryden's recently appointed Managing Partner Bill Duguid talks exclusively to Estates Gazette's Lisa Pilkington about the firm's three year strategy for growth, the general state of Scotland's property market and the hot topic of the moment - Scottish independence.
Last month, Ryden reported a 7% increase in turnover to £11.3m in the 12 months to 30 April 2013, with annual accounts also showing an 8% increase in profit.
The Scottish agent's balance sheet showed £2.9m in cash and no external debt at the year end.
The industry has enjoyed an upward trajectory for some months now, but what issues remain and how will they play out over the coming year? Our latest sentiment survey roundtable asked the experts whether the good times will continue to roll beyond central London.
In the last of this year’s monthly market updates we look at just how merry Christmas might be for retailers and if landlords should be worried about the approaching final quarter day. Local Data Company director Matthew Hopkinson said trading on the high street is still challenging and landlords probably should feel uneasy about the prospects.
David Williams, chief executive at Portsmouth city council, is joined by James Brounger, managing director South Central region at CBRE, to talk about developer opportunities for 2,370 homes and more than 600,000 sq ft of mixed-use space. The opportunities have been made available following the release of two major Ministry of Defence sites.
Estates Gazette's Sophia Furber talks to David Tuckett, professor of economics and sociology at UCL. He was speaking at the IPD/IPF conference in Brighton on the topic of ‘emotional finance’ – looking at how emotions impact on investment decisions. Tuckett argues that property investors should use their emotions as well as the market data when making decisions.
Mike Hussey’s Almacantar has unveiled proposals for a 408,000 sq ft mixed-use redevelopment of Marble Arch Tower, W1. Kathrin Hersel, development director of Almacantar, talks to Estates Gazette about the firm’s plans.
Estates Gazette talks to
Stuart Rough, chairman of international architect firm, BroadwayMalyan at MAPIC 2013 on new investment in Spain
Daniel Sugar, managing director of Amsprop Estates, reveals that the company has bought three properties on London’s Old Street roundabout. He discusses why the firm is investing heavily in the City Fringe success story
UK commercial property returned 2.8% in Q3 this year, with capital value growth making up 1.3% of the total figure, according to IPD UK’s Quarterly Property Index. Estates Gazette's Sophia Furber speaks with Phil Tily, head of research, UK and Ireland at IPD about the results.
In October’s monthly market update we look how the recovery is taking hold in both the retail and London offices market .
In retail budget supermarkets are stealing a march and we find out why Christmas trading has lost it’s importance.
Meanwhile in offices, we look at what’s behind the capital’s bumper Q3.
Nick Goddard, vice president, Silicon Valley at Colliers International was recently in London. He talks to Estates Gazette about wooing London-based technology companies to Silicon Valley in the US.
Ben Denton, strategic director housing, regeneration and property at Westminster City Council, talks to Estates Gazette about how the council is poised to make £60m by selling swathes of land with potential for 1,200 homes
Q3 has been a bumper year. More deals were signed in the year so far in London offices than in the whole of 2012.
Two mega deals skewed this quarter's total but even stripping them out the southern fringe has had a impressive three months.
EG's City Editor Jack Sidders talks to EG's head of London Offices Research to find out what's behind the figures.
EG's Chris Berkin talks to Pat Ritchie, chief executive of Newcastle City Council on development plans and investment strategy for the north-east city
Henderson Global Investors chief investment officer and managing director talks sentiment at the Munich property conference, plans for the group’s latest mega-mandate win and progress on the TIAA-CREF tie-up.
Eric Pickles tells EG’s Nick Whitten at the Tory Conference that there is no going back on the controversial two year delay to the 2015 business rates revaluation
Lord Digby Jones talks to EG's Nick Whitten on the planning system and how it's preventing economic growth
TORY CONFERENCE: Communities secretary Eric Pickles is expected to announce a private rented sector tenants' charter to foster support for the sector.
Estates Gazette's Nick Whitten speaks with Mark Prisk, Housing Minister, about the new initiative.
Investment in the West End office market is accelerating, with turnover in the market rocketing 68% to £5.1bn.
Sales in the West End office market in the year to June hit £5.1bn, according to the second London West End Office Investment Report by IPD and H2SO.
Estates Gazette's Joanna Bourke speaks with H2SO agency partner, Paul Smith, about where he expects rents to head in future.
Diana Petrowicz talks to Karsten Nemecek, managing director of Savills Germany on current trends in the German residential market.
Frasers Property chief executive Dr Stanley Quek has revealed plans to focus on residential development opportunities in London’s fringe locations. Singapore-based Quek said the group was motivated by the difficulty in buying land in central London. Estates Gazette's residential reporter Annabel Dixon interviews Dr Quek.
Dragon's den star Theo Paphitis has dismissed Bill Grimsey's report findings on the high street, which was published last week, as 'a load of old bllcks.'
Listen here to what he had to say in full at BCSC 2013.
Warning: strong language throughout
Paul Sargent, partner, Queensbury Real Estate, who sat on the executive committee of BCSC, which made the decision to drop out of Glasgow this year and come to London, talks to EG Markets editor Noella pio Kivlehan about the possibility of the conference returning to the regions in 2015.
London - What's Next. Panel discussion considering the new and emerging trends in London. The city is host to some of the most major landmark development and regeneration projects the capital has seen to date.
A report today from BCSC and Lunson Mitchenall highlights 6m sq ft of new shopping space in the development pipeline to 2019.
Marcus Kilby, president of BCSC and head of Lunson Mitchenall's shopping centre and leisure division, discusses the need for this space and the adjustment secondary locations will need to undergo.
A tsunami of legislation, guidance and reports to save the high street has hit the industry over the last two to three weeks.
As BCSC 2013 opens, EG Markets editor Noella pio Kivelhan talks to Ian Anderson, head of national and retail planning at CBRE to try and make sense of it.
BCSC opened this morning iat London's Olympia. In his opening speech, BCSC president, Marcus Kilby, said: "Times are changing. The economic clouds are clearing... The feel good factor is beginning to drive consumer confidence."
As BCSC 2013 opens it's doors today Nadia Elghamry, Data Editor at Estates Gazette, talks to the Costa, the UK's most acquisitive retailer, to find out what it wants from its property portfolio in the year ahead.
With a stated aim of opening 300 stores next year, James Hamilton, the coffee operator's head of acquisitions and estates, explained that the drive through market remains a big growth area for it's business but the shape of its portfolio would remain a blend of high street, retail parks and even universities, offices and concessions. He added that the company would love to do more of its large metro format stores in London but warned: "London is the most competitive market in the UK and I see no sign of that softening especially with competition from the restaurant uses."
Hamilton said new stores was a critical part of driving profit as part of the company's stated aim of aim of doubling sales to £2bn within five years. Listen below to hear the full interview with Hamilton where he discusses plans for the property portfolio in the year ahead, how it will tackle competition from supermarkets and other fast food operators and what he thinks of Starbucks.
Demand for super prime residential in central London is squashing developers appetite for student accommodation.
Research by EG's London Residential Research published tonight show applications halved
in the six months to 30 June 2013, compared with the same period in 2012.
Nigel Evans, head of London residential research, explains why.
To download the report visit: http://www.estatesgazette.com/egi-about/london-residential/student-accommodation-2013/?intcmp=EGIx-news-stlorma.
In September's Market Update podcast, we look at how online retailers are saving both the industrial and retail market. The increasing use of click-and-collect retailing is changing perspectives on bricks and mortar. And in the offices sector, we find out why law firms could bring about rental growth outside the West End.
The Howard de Walden Estate continues to buy into the Marylebone growth story, and last week secured planning permission for 139,000 sq ft of new office developments across 10 schemes, including 55,000 sq ft at 64-66 Wigmore Street. It has just appointed Cushman & Wakefield and GN2 to prelet the £140m of new schemes. Howard de Walden Estates’ property director Simon Baynham talks about why the company is prepared to speculatively develop in the affluent submarket.
BT is gearing up to take on some of the biggest property agents to win professional services contracts.
The telecoms giant’s BT Facilities Services division is preparing to bid for facilities management mandates after spending the last year beefing up its own in-house FM offering. Estates Gazette's Nick Whitten talks to BT about the move.
Are Japanese investors poised for a big spend on UK property? Sophia Furber talks to Cordea Savills chief executive Justin O’Connor in Tokyo following the launch of the fund manager’s Japan office to find out. Prime minister Shinzo Abe’s aggressive economic stimulus programme, dubbed ‘Abenomics’, has given the Japanese property market a shot in the arm – and could lead to more Japanese investment in overseas property.
Estates Gazette's Jack Sidders talks to Richard Leupen, UGL managing director and chief executive on its de-merger with DTZ
Mixed-use specialist Cathedral Group’s chief executive Richard Upton explains why he has asked industry veteran Sir Christopher Benson to help his company make its debut in the private rented sector and to provide expert advice on regeneration schemes.
Confidence in the property industry is climbing again. The prospects for the residential and office sectors look promising. It's a stark contrast to the results of EG and Grosvenor's Property Sentiment Survey last year. In this podcast, Features Editor Emily Wright interviews a panel of property experts about the outlook for the sector. Panelists include Graham Parry, head of research GB and Ireland at Grosvenor, Bill Grimsey, former CEO of Wickes, Iceland, Focus DIY, and author of Sold Out; Who Really Killed The High Street, and Grenville Turner, Chief Executive of Countrywide.
IPD has reported its most positive results for the UK for almost two years for Q2 this year, with total returns of 1.9% and a 0.4% rise in capital values. IPD’s Greg Mansell and Henderson Global Investors Head of Research Alice Breheny discuss the reasons to be cheerful with EG finance reporter Sophia Furber, but explain that buyers should still think twice before embarking on any spending sprees.
Estates Gazette's Joanna Bourke talks to Paul Walker, assistant director, regeneration, at Enfield council on its £1.3bn masterplan for the borough
EG talks to Clive Betts, chair of the Department for Communities & Local Government Select Committee on the launch of its report into the private rented sector, including recommendations on how to make the market work more effectively
Land Securities has delivered an upbeat update on first quarter trading, announcing further lettings progress on its London development pipeline.
Britain’s biggest REIT said it had completed £5.5m of development lettings since 1 April 2013, with a further £12.3m in solicitors’ hands.
Chief executive Robert Noel speaks to Estates Gazette's Jack Sidders about the company's results.
Nine Elms programme director Helen Fisher and councillor Govindia, leader of Wandsworth council, talk to residential correspondent Annabel Dixon at the Nine Elms Vauxhall open day at Battersea Power Station about the regeneration of the area moving forward and how it will provide a wide variety of housing options.
Revised plans by Almacantar and Frogmore for a £350m transformation of iconic skyscraper Centre Point, WC1, were given the green light. Estates Gazette editor Damian Wild interview's Almacantar's Mike Hussey about the company's plans for the building.
Volume and long term vision are the secret behind the UK’s largest portfolio of lock of garages, said property company owner and classic car enthusiast Rodger Dudding.
Known as the King of Lugs (lock up garages), Dudding owns and manages 12,000 lock ups. He also owns several hundred retail units, about 7,000 flats and a range of commercial mews properties.
Worth £155m, the Estates Gazette Rich List regular took Estates Gazette on a tour of Studio 434, a specially adapted warehouse where he keeps the majority of his 170 classic cars and 160 motorbikes – the UK’s largest privately owned collection.
The Grimsey high street review has called for a realistic look at town centre first planning. In the latest monthly market update report from Estates Gazette, Matthew Hopkinson, director at the Local Data Company, has called for a "realistic look at what is economically possible" for in town retail development. Hopkinson, who last month joined forces with Bill Grimsey to launch an alternative high street review to Mary Portas, said "we need to look at what consumers want.….we need to look at what is possible and if there isn't the money to sustain it then we have got no legacy, no matter what the government."
Estates Gazette's Noella Pio Kivlehan talks to Michael Newey, new president of the RICS on the housing market and what he'll be concentrating on during his presidential year
This week saw the last raft of the 800-strong Savills West End team leave Mayfair, for its new 95,000 sq ft 33 Margaret Street headquarters, W1.
Estates Gazette was given a sneak peek tour of the building by Savills UK chief executive Mark Ridley and Sean Monie, building and project consultancy director. The pair discuss the reasons behind the relocation and the work behind the scenes to make it possible.
Regional office values plunged 10.4% in the 12 months to May, according to the latest figures from IPD.
The commercial property index showed that for capital value growth, offices outside of London and the South East were the worst performing sector, closely followed by in town shopping centres and regional shops. In this podcast, EG finance reporter Sophia Furber interviews IPD's head of research UK, Greg Mansell, about this month's figures.
The mounting sums raised by debt funds will never replace the retrenching clearing banks with a market wide deleveraging likely to result, a panel of alternative investors told the British Property Federation conference this week. BPF President Chris Grigg reviews the conference in this podcast.
David Shaw, head of Regent Street portfolio at the Crown Estate, said he anticipates “significant rental rises” in Regent Street, where his firm is undertaking a number of redevelopments in this interview with Estates Gazette's Jo Bourke
Paul Kehoe, chief executive of Birmingham Airport, talks to EG's Lisa Pilkington on its proposals for a second runway and new business park.
Savills has identified 50 new lenders coming into the UK property lending market, with 47 of them looking specifically to lend on deals of over £100m. EG speaks with Savills' William Newsom.
In this month's Market Update podcast, EG Markets Editor Noella Pio Kivlehan speaks with the Local Data Company's Matthew Hopkinson about the increasing variety of outlets in the fast food sector. Our Scotland correspondent, Lisa Pilkington, speaks with BNP Paribas Real Estate's head of Scotland Gavin Willins about investment in offices.
Qatari Diar and Delancey have unveiled their private rented initiative, Get Living London, and promised transparent lettings to all tenants. Delancey’s Stuart Corbyn, chairman of Get Living London, vowed to own, manage and let the private homes direct at East Village, E20, the site of the Olympic Village. Corbyn speak with EG's residential reporter Annabel Dixon at the Chelsea Flower Show.
Estates Gazette's Sophia Furber talks to Greg Mansell, head of UK and Ireland at IPD on April's property returns, which hit their highest monthly level since November 2011
BCO 2013: Developers should look to the Far East, not to the TMT sector, for growth, the former chairman of Land Securities told delegates at the BCO conference today. Estates Gazette's editor Damian Wild spoke with Lord Myners about the need to re-capitalise the banks.
BCO conference 2013: The UK economy will post modest growth this year, but still runs the risk of further shocks, former chancellor Lord Lamont told the BCO conference in Madrid this morning. Estates Gazette's editor Damian Wild interviews Lamont about the UK's relationship with Europe.
Crown Estate chairman Sir Stuart Hampson has warned that government’s failure to move quickly on infrastructure decisions was putting London’s status as a leading global city at risk. Estates Gazette's editor Damian Wild interviews Sir Stuart Hampson.
More than 50 delegates cycled 290 miles to this year’s BCO conference in Madrid and are closing in on their target to raise £30,000 for charity. Estates Gazette editor Damian Wild interview Great Portland Estates' James Pellat, one of the organisers of the ride.
Speaking exclusively to Estates Gazette at the Retail Summit 2013, Capital & Regional managing director shopping centres, Mark Bourgeois, said that technology has a “really exciting part to play as these three things converge”.
NewRiver Retail director Charlie Miller added that one of the key trends emerging is the shift of supermarkets back into town centres.
There were more planning consents in the inner London boroughs in 2012 that for at least the last two decades. With 20, 000 units in the pipeline to the south of the Thames, is the super prime market overheating?
Nigel Evans, author of London Residential Market Analysis, and head of EG's London Residential Research shares his worries with EG's Annabel Dixon
EG finance reporter Sophia Furber talks to IPD’s UK and Ireland head of research, Greg Mansell, and Aberdeen Asset Management’s global head of property Andrew Smith at the launch of IPD’s UK quarterly index. A 1.1% total return over the quarter gives some signs for optimism, as do patches of growth in the regions. But how will investors – particularly institutions – meet their requirements for higher yields plus their need for stable and predictable income?
EG finance reporter Sophia Furber talks to DTZ’s head of global research, Hans Vrensen, at the launch of DTZ’s annual Money into Property report, which tracks international financing trends. There are some concrete signs that a recovery is on the way, as the real estate world clears up its legacy issues and builds a healthy base for new growth, says Vrensen. Find out what he has to say in response to those who believe that DTZ’s view of the market is too bullish!
This podcast is a full recording of the Movers & Shakers/British Property Federation breakfast held at London's The Dorchester Hotel on April 30th, 2013. The discussion theme was: "Top Guns - Three Different Perspectives on Property". Panelists included
Chris Grigg, chief executive of British Land, David Marks, co-managing partner at Brockton Capital and Bill Hughes, managing director of Legal & General Property. The discussion was chaired by Estates Gazette editor Damian Wild.
Yorkshire's industrial market is fighting a shortage of units like it's never know.
Statistically the supply figures look healthy but with no new quality stock being built in the last six to seven years those units on offer are facing obsolescence. Some, says David Aspland, partner at Carter Jonas, are the simply the wrong building, built at the wrong time in the wrong place, where even a haircut on rents isn't going to help.
Agents have expressed worries over the level of incentives on offer in the city after a bumper Q1.
David Aspland, partner at Carter Jonas, said large deals, already factored into the agent's psyche had inflated figures.
Jonathan Shires, head of office agency Yorkshire and the North East for CBRE, said with 400, 000 sq ft of supply and 480, 000 sq ft of active immediate requirements the Leeds supply headache was reaching critical levels.
The industry's feelings about property present a stark dichotomy between London and the regions. When is this going to change? EG held a panel discussion to find out.
Land Securities enjoyed a record first month at its Trinity Leeds shopping centre. Portfolio director for North and Scotland Gerald Jennings, tells EG about the centre's first month in numbers, competition with Hammerson and if they are ever going to put the doors on the open-air centre.
Savills has leapfrogged to the top of the central London agent's league table in quarter one. Boosted by the Google mega deal, the agency has shot up from 5th place at the end of last year notching up an impressive 1.1m sq ft of disposals in Q1, and bagging nearly a third of the London market. DTZ is in second place having acted as joint agents with Savills on the 860,000 sq ft prelet to internet giant Google at King's Cross Central in January, according to EGi's London Office Market Analysis released today.
This is the first in a new series of market updates from Estates Gazette. We speak with experts in the retail, office and industrial sectors to find out what trends are happening and where they're heading in the weeks and months to come.
Estates Gazette's residential reporter Annabel Dixon interviews Santander Corporate's Scott Stuart about lending for residential development in the UK.
The Duke of Westminster's property group, Grosvenor, reported a pretax profits rise from £315m to £354.4m in 2012, driven by strong performance in the UK and Ireland. EG's David Harris speaks to Mark Preston, chief executive of Grosvenor, about the figures.
Matthew White at British Land talks about how prefabrication of 80% of the building allowed the developer to control risk in the difficult development times.
EuroProperty Trends looks at Poland this month, with David Sands talking to Duncan Westbrook, a Warsaw-based associate at Cushman & Wakefield property consultancy. The two discuss the investment opportunities in Poland, as well as property performance and yields.
Central London take-up in the first quarter of this year was the highest its been since the end of 2011 according to Estates Gazette’s London Office Market Analysis, due out next week.
But the headline figures paint a misleading picture thanks to Google’s massive 860,000 sq ft letting at Kings Cross. EG talks to head of London offices research Tom Pilkington about what’s really going on behind the numbers and why the future might hold in both the City and the West End.
At Estates Gazette's Big Question Round Table, Prestbury Investments chairman Nick Leslau, the British Property Federation's Liz Peace, GN2's Julie Rees and Irwin Mitchell's John Vivian tackle property's pressing issues including tax, TMT and what this year's Budget has in store for the sector.
Ken Shuttleworth, founder of Make Architects, has plans to expand into Canada and India as well as growing the firm's London portfolio. He talks to EG during MIPIM.
EG talks to Jean-Phillippe Mouton, Hammerson's managing director France on its £390m retail scheme in Marseille
British Land's Chris Grigg speaks to EG's Jack Sidders at MIPIM about the mood of this year's property show, as well as the big announcement of a share raising and sale of Ropemaker Place. The two announcements meant the company raised £1bn this week.
The public reaction to revised plans for transforming iconic Centre Point, WC1, into a residential tower, has been stronger than ever Kathrin Hersel, development director at Almacantar told EG this week.
Bristol's newly elected mayor George Ferguson talks to EG's Stacey Meadwell about the road ahead for the city
EG taks to Michael Lindsay, Cushman & Wakefield's head of EMEA corporate finance, on its latest European Real Estate Lending Survey
Crossrail was at MIPIM this week to step-up its search for partners and investors for its 3m sq ft development pipeline. Estates Gazette caught up with Ian Lindsay, Crossrail's director of land and property.
MIPIM: There will be no slowdown in the rising Mayfair and St James's office rents trend, Jonathan Evans the head of West End agency at Jones Lang LaSalle told EG this week.
David Partridge, managing partner at Argent talks to EG about its plans to offer flexible leases on up to 100,000 sq ft for smaller growing technology companies at King's Cross, N1, scheme.
City of London planning officer Peter Rees is an old MIPIM hand and has been instrumental in helping nurture and sustain London’s status at the top of the tree.
He tells EG about his impressions of the show, what’s new in the City and what’s in store, and the political threats and opportunities currently in play, including office to resi conversion and rights to light.
CBRE chairman of EMEA research Peter Damesick talks to EG about the trends behind its investors survey including the changing availability of debt and the potential threat of a UK referendum of EU membership.
Birmingham city council leader Sir Albert Bore said the city's relationship with Manchester is not about competition. Speaking on the Birmingham stand he talks about their relationship, the launch of Birmingham's 3D Enterprise Zone map and HS2
Bonnie Dean, ceo of Bristol and Bath Science Park, talks US funding into the region, spec development and what she really thinks of Silicon Roundabout