EG Property Podcasts: Recent Episodes
EG Property Podcasts
The latest news, views and debates from the commercial property industry. A mix of regular short interviews and the weekly news round-up, covering the whole of the commercial property industry.
EG's legal & professional editor Jess Harrold is joined by court reporter James Lumley to count down the 10 most significant property and planning law judgments handed down during 2024.
Their carefully curated list includes such classic staples as forfeiture and the right to manage, major developments in the law of nuisance, and hot topic of recent years including restructuring plans and the Building Safety Act 2022. Not only that, but the year's cases touch on two of the most famous (and well visited) locations in all of the UK. And, if that isn't enough, there is also Weetabix.
Diversity of product offering has been key to surviving a difficult year plagued with economic and political uncertainty, according to Curchod & Co partner and registered valuer Piers Leigh.
Curchod & Co sits at the top of the Radius On Demand Rankings for Surrey, with 369,424 sq ft of occupation sales and lettings transacted over 89 deals in the year to date. It has also managed 72 deals in neighbouring Hampshire amounting to 321,751 sq ft.
Leigh believes that by having a broad range of property types on its books it has been able to pivot to where the demand is strongest over the course of 2024. He says industrial has accounted for the lion’s share of demand, but also says the retail sector has bounced back strongly in some locations but not all, while the office market is achieving super-prime rental figures.
Brighton’s high streets are back in business with retail and leisure uptake pushing vacancy rates right down thanks in part to workers returning to the office, according to Newlands Property managing director Rich Lowrey.
Lowrey is October’s dealmaker of the month, topping the On Demand Rankings for combined deals in the South East with 11 completions totalling 19,603 sq ft. He also did more retail deals last month than anyone else in the UK.
The bounceback of the retail sector has definitely been felt in Brighton, says Lowrey, thanks to its cultural diversity and large student population which make it an attractive destination for retail start-ups. He also says the city benefits from a high proportion of local landlords who are more than willing to let to independent retailers.
Jess Harrold is joined by Professor Nicholas Hopkins, the Law Commissioner for Property, Family and Trusts, to discuss the launch of the Law Commission's consultation on the Landlord and Tenant Act 1954 and the future of security of tenure for commercial tenants.
Hopkins outlines the background to the long-anticipated review of Part 2 of the 1954 Act, and explains the Commission's two-stage approach to the project, before presenting the four options for models of security of tenure on which views are being sought in this opening consultation.
Listen to the podcast, then have your say at the Law Commission website: https://lawcom.gov.uk/project/business-tenancies-the-right-to-renew/
In this EG Property Podcast, EG editor Samantha McClary sits down with Grosvenor’s HR director Jo Banfield to talk about the changing nature of the employee/employer relationship.
With fresh pressure on employers set to come with changes to National Insurance and the Employment Rights Bills, proper communication, trust and understanding between worker and employer has never been more important.
Throw a more varied workforce than ever before into the mix and things get even more complicated.
But if real estate businesses are committed to attracting and retaining the best talent to ensure that they continue to thrive in this changing world, understanding the importance of people is a vital skill.
Dive into this special EG Property Podcast if you’re committed to being a better business.
Car parking and the availability of outside space is more important than environmental or sustainability considerations when it comes to attracting occupiers to the majority of industrial and office space, according to Sibley Pares associate Ned Gleave.
Sibley Pares tops the Radius On Demand Rankings for Kent in terms of deal numbers so far this year, with 94 completions totalling 344,000 sq ft of space.
Gleave, who operates largely across Kent’s industrial market, says environmental considerations such as solar panels and EV charging are still considered sweeteners rather than necessities and that parking is often a more important factor than the building itself. He is also hopeful a middle ground can be found regarding regulation on future EPC minimum standards.
The industrial sector has made huge strides forwards in decarbonisation as landlords, tenants and even the customers of tenants all demand increasingly green credentials, according to Lambert Smith Hampton director of industrial and logistics Elise Evans.
Evans was the South East’s top industrial dealmaker in the Radius On Demand Rankings in September, with five deals totalling 68,201 sq ft of space. Among them was a 40,000 sq ft letting at Langstone Park in Havant in a building rated EPC A+ and powered entirely through rooftop solar PVs.
She says demand for the full spectrum of industrial classes remains strong on her south coast patch, where the docks of Southampton support a thriving logistics sector and advanced manufacturing and engineering flourishes further east.
Legal & professional editor Jess Harrold is joined by Guy Fetherstonhaugh KC to discuss the Renters' Rights Bill currently making its way through parliament.
Fetherstonhaugh addresses the social context and political history of residential leasehol that has led to the bill, and its central feature - the abolition of section 21 "no fault" evictions.
He goes into detail on how the bill will reform the law in this area, and the ways in which it differs from the Conservative government's failed Renters (Reform) Bill.
Fetherstonhaugh outlines the other major provisions in the bill, and highlights some areas for improvement he hopes will be addressed as the bill proceeds through parliament.
In this episode of the EG Property Podcast, EG editor Samantha McClary takes a deeper dive into a special roundtable event held in partnership with Montagu Evans at the London Real Estate Forum.
That discussion brought together a panel of leading experts to explore the evolving landscape of alternative living, focusing on the integration of multi-tenure and multi-generational communities in large-scale regeneration initiatives.
You can read a write up here: https://www.egi.co.uk/news/can-multigenerational-communities-solve-a-multitude-of-problems/
In this discussion, Simon Century, managing director, housing, asset management division, at Legal & General, Matt Steere, data and insight director at Birchgrove, and Jon Neale, head of research and strategic insight at Montagu Evans take a deeper look at the barriers currently blocking the growth of multi-generational living in the UK.
Listen in as the trio discussion funding challenges, the need for greater understanding of the power of the living sector, and the need to turn traditional thinking on its head.
In this episode of the EG Property Podcast, EG senior reporter Evelina Grecenko sits down with Tom Mellows, head of UK science at Savills, Michael Samuelian, founding director – Ubrna Tech Hub, Cornell Tech NYC, and Amy Hockley, head of innovation leasing at British Land to investigate London’s unique position to nurture the burgeoning science and technology sectors, and the role that the real estate sector can play to support this.
Listen in for lessons from the United States, how London is maturing and what landlords need to deliver to be able to attract best-in-class occupiers.
Buckinghamshire is the entrepreneurial capital of England and the demand for space from small and medium sized businesses has helped sustain demand over what, for many, is a quiet summer period, according to Chandler Garvey director and head of agency Joanna Kearvell.
Kearvell managed seven completions in August, making her the South East’s leading dealmaker in terms of deal numbers.
She says demand is particularly strong for smaller-scale industrial units and believes the handbrakes need to come off to deliver more buildings of this type, not just for leasehold disposal but also for owner-occupiers.
Britons fell in love with domestic holidays during the pandemic and the lingering appeal has primed the holiday park sector for a fresh round of inward investment, according to Christie & Co director of UK holiday and residential parks Jamie Keith.
Keith says visitor numbers are still up on 2019 levels following the frenzy of the pandemic years, when both bookings and transactional activity went through the roof.
He believes corporate interest in the holiday park market has been muted over the past 12 months because of high interest rates, but expects to see purse strings loosened over the coming months from both UK and overseas investors.
LISTEN In this episode of the EG Property Podcast, EG's residential reporter Akanksha Soni sits down with Ealing Council leader Peter Mason, who has just been appointed as the local authority’s lead for planning and skills, in addition to his role as deputy chair of the Local Government Association.
Mason speaks about the tripartite collaboration of a Labour council, mayor of London and national government, and the borough's goal to deliver 4,000 affordable homes by 2025. Ealing’s overarching plans include the building of 28,000 homes over the next 15 years, with key roles for build-to-rent and private developers in providing them.
He adds that the borough is open for investment and partnership to deliver homes across underutilised areas such as Old Oak and North Acton, as well as highlighting the lessons learnt from John Lewis’s BTR scheme above its Waitrose store in West Ealing.
Every year women from across the built environment get together to take part in the annual PedElle cycling event. The event, run by Club Peloton, raises vital funds for number of charities all focused on enabling better lives for young people. Its principal charity is Coram, one of the oldest children’s charities in the UK.
In this special EG Property Podcast, EG editor Samantha McClary (and long time PedEller) sits down with three women who took part in the PedElle this year – a lumpy 450km in Poland – to talk about what the ride really means, the importance of the funds its raises, why we need more women to join this very special form of networking, and why more businesses should support the event.
Listen in to hear insights and intelligence – and why the PedElle can not only enhance your career but change your life – from Buro Happold associate director Anna Beckett, head of investor relations at SEGRO, Claire Mogford, and Chloe Factor, an asset manager for Legal & General Investment Management’s Build-to-Rent fund.
If you’re inspired by what you hear, please do help the PedElle team reach their £40,000 fundraising target by donating here: https://www.justgiving.com/campaign/pedelle2024
And if you’re interested in joining next year’s PedElle, or any Club Peloton ride, find out more at www.clubpeloton.org
Big thanks to PedElle 2024's corporate supporters Buro Happold, DP9, Forsters, Knight Frank, Legal & General and SEGRO.
Planning needs to be unlocked for commercial space across Cornwall in order to provide much-needed employment opportunities and ease overreliance on tourism, according to Vickery Holman agent Morwenna Pound.
Vickery Holman is the leading regional agent across the South West region on the Radius Rankings for space transacted so far this year and Pound – who works from its Truro office - leads the individual dealmaker rankings for Cornwall, with 67,970 sq ft transacted across 28 deals.
Pound says demand is very strong for industrial units of around 1,000 sq ft, but planning headaches and development costs mean these are in short supply. She also believes there is an urgent need for entry-level professional jobs across the county to help change the fortunes of what have become some of Europe’s poorest areas.
Momentum is a critical factor for the London office market, and although external obstacles have been placed in its way there is a sense the handbrake is about to come off, according to Harry James, associate director at office specialist The Workplace Co.
James was London’s top office dealmaker in June, leading the Radius Rankings with 8 deals totalling 7,969 sq ft of space. He oversaw transactions in the West End, City, City Fringe and the Southern Fringe.
Activity has been up and down since the start of the year, says James, but he is optimistic about occupiers being in a less cautious mood once they return from summer holidays.
In this episode of the EG Property Podcast, editor Samantha McClary, meets the final two members of this year's Future Leaders cohort - Kitty Eyre, senior project manager at the London Borough of Ealing, and Michael De Los Santos Samson, apprentice surveyor at CBRE - to find out more about how they are feeling as they begin their journey on the intensive programme.
Listen in to find out how they both want to push themselves into uncomfortable situations, build deep connections with the industry and make a difference with the powerful talks they will deliver as part of the EG Real Estate Futures event in September.
And don't forget to listen to episode one to make sure who know every single one of this year's EG Future Leaders
Huge thanks for EG's partners CBRE, Clyde & Co, Knight Frank, Landsec, and Nuveen for supporting the Future Leaders programme.
In this episode of the EG Property Podcast, EG deputy editor Tim Burke sits down with a collection of this year's cohort of Future Leaders to find out how they are feeling at the beginning of an intense journey that will culminate with a 10 minute, un-aided Ted-style talk in front of hundreds at EG's Real Estate Futures event this September.
Listen in to hear insight from:
Victoria Whiteley, project manager, Knight Frank
Avneeth Fernandes, head of financial accounting, Landsec
Manuela Apostol, anaplan and BI solutions architect, Logicor
Will Game, asset manager, Nuveen
Carolyn Morgan-Welker, senior associate, planning & environment, Clyde & Co
Huge thanks for EG's partners CBRE, Clyde & Co, Knight Frank, Landsec, and Nuveen for supporting the Future Leaders programme.
Trading conditions across Greater Manchester are challenging, with uncertainty over the economy and the future of work leading occupiers to operate with caution, according to Fletcher CRE director John Fletcher.
In terms of deal numbers, Fletcher CRE is the highest-placed regional agent on the Radius On Demand Rankings across Greater Manchester for the year to date, with 15 deals over the line totalling 37,704 sq ft of space.
Fletcher believes the towns of Greater Manchester benefit greatly from the success of Manchester city centre, but he believes investment is needed both in infrastructure and the right redevelopment if they are to realise their potential. He is also hopeful that Thursday’s general election will remove one element of instability and encourage occupiers to commit to decisions.
EG's legal & professional editor, Jess Harrold, is joined by Vicky Hernandez, partner and head of retail at law firm RWK Goodman, and Allan Wickham, head of occupier sustainability in the ESG consultancy team at CBRE, to discuss the rise of green leases, with a particular focus on the retail sector.
Together, they recap what green leases are, with examples of typical green clauses that might arise in retail leases and a focus on the different shades of green that can apply, plus some of the particular challenges faced in retail.
They address the recently updated green lease toolkit, from the Better Buildings Partnership, and how that will aid landlord and tenant negotiations on key lease provisions - hugely important, with the growing need for alignment between property owners and occupiers when it comes to improving the sustainability of our buildings.
In this episode of the EG Property Podcast, EG editor Samantha McClary takes a break from the normal property chatter and instead turns her attention to real estate’s love of Lycra, friendly competition and, of course, raising vital fund for charity.
Listen in as she catches up with three participants of this year’s JLL Property Triathlon – Simon Peacock, Kate Peters and Will Sherlock - to find out how their training has gone, why they choose to don a onesie in front of their colleagues and bosses, and more seriously, what one of the biggest gatherings of real estate professionals achieves for charity.
The triathlon – which takes place on 28 June at Dorney Lake – is in its 17th year and has so far raised more than £2m for charity. For the past three years the event has been raising funds for WWF and by the culmination of this year’s races, expects to have raised more than £600,000 for the charity.
Find out more about where and how those funds are being spend and what you can do to help encourage our guests as they swim, bike, run their way round Dorney this Friday.
The handbrake is coming off in the West Midlands, where a recent upturn in deals activity shows the age of uncertainly is approaching its end, according to Shepherd Commercial director Kaine Arkinson.
Arkinson was the UK’s top individual dealmaker for May in EG’s On-Demand Rankings. As the month closed he had managed 14 completions, totalling 35,952 sq ft.
He says the industrial market is still the dominant force in the West Midlands, with a slew of cash-rich buyers waiting in the wings. However, he also believes there is a distinct shortage of stock at the smaller end of the market, and hopes the planning system can be unlocked to fix it.
In this episode of the EG Property Podcast – recorded live on stage at UKREiiF in Leeds – news editor Pui-Guan Man sits down with a host of experts to discuss how to support social mobility within the real estate sector.
While those working in real estate can often come from privileged backgrounds, the sector operates within diverse communities where individuals converge to live, work and socialise. This means that prioritising social mobility is crucial for fostering an inclusive and equitable workplace, as well as for ensuring that the real estate industry mirrors the diversity of its surroundings.
In this conversation we look at how we can further advocate for the economic benefits of diversity? What strategies can organisations and individuals employ to drive positive transformations, fostering a more vibrant, adaptable and fair urban landscape? How can tangible opportunities for local communities be provided in the process?
Insights delivered from
- Jennie Colville, head of ESG & sustainability, Landsec
- Fatima Khan-Shah, inclusivity champion, West Yorkshire Combined Authority
- David Lynch, director of strategic housing & development, Manchester City Council
- Julie Simms, partner, joint head of the National Public Sector Real Estate Team and Liverpool managing partner, DWF
Brought to you in partnership with DWF.
In this episode of the EG Property Podcast – recorded live at UKREiiF in Leeds – deputy editor Tim Burke sits down with Gowling WLG partner Anjali Bancroft and Vistry Group’s partner investment director Kathryn Pennington to look to the future of single-family housing.
Single-family housing in the UK is experiencing rapid growth, emerging as a significant component of the country’s build-to-rent sector. With investors seeking to broaden their portfolios, what level of investment is currently targeting this sector, and what are the sources of funding and supply?
The asset class is strategically positioned to alleviate the shortage of high-quality, energy-efficient and contemporary suburban housing in the UK, but is it resilient amid a volatile macroeconomic environment?
Listen in as we delve into the opportunities and challenges for investors, owners and operators, offering insights into the customer experience, community development, amenity provision and the growing interest in joint ventures and collaborations.
Brought to you in partnership with Gowling WLG.
In this episode of the EG Property Podcast – recorded live at UKREiiF in Leeds – deputy editor Tim Burke is in conversation with Alexa Culver, general counsel at Environment Bank, Anna Rose, head of planning advisory service at the Local Government Association, and Rico Wojtulewicz, head of policy and market insight at the National Federation of Builders about how to successfully implement a biodiversity net gain strategy.
As the BNG market finally starts to unfold, it has become clear that delivering BNG entirely on-site isn’t an option in most cases.
In this EG Property Podcast our experts explain more about off-site biodiversity units and how the industry can seamlessly integrate them into development strategies.
Listen in to find out what’s available, how it works, and how it can be effective.
Brought to you in partnership with Environment Bank.
Office occupiers from London’s traditional markets are increasingly looking towards the City Fringe in search of space and value, according to Belcor agency specialist Rob Elman.
Elman was the UK’s top individual office dealmaker on the Radius Rankings for April in terms of deals numbers. He managed six completions amounting to a combined 12,500 sq ft of space.
He believes City Fringe is still well stocked with the sort of high-quality, characterful office buildings needed to bring workers back, and says occupiers will increasingly look towards it rather than more central areas where rents are at “insane” levels.
Jess Harrold speaks to Freehold co-chairs Kelly Canterford and Scott Parsons about EG's sixth annual LGBTQ+ in Real Estate – Attitudes, Actions and Allies survey, launched in association with the networking organisation.
Together, they discuss the importance of the survey as one of the few sources of actual data about the LGBTQ+ community working in real estate, as well as the opportunity it offers for people to share their stories under the protection of anonymity.
Canterford and Parsons explain why they believe as many people as possible should participate in the survey and share their views before the deadline on 9 June. You can do so at: https://www.surveymonkey.com/r/MYDV692
Forthcoming EPC rules are undeliverable and will need to be rethought, according to Siddall Jones founder and director Ed Siddall-Jones in the latest Voice of the Region podcast.
Speaking in front of a live audience in Birmingham at EG’s Birds Eye View West Midlands event, Siddall-Jones said the current directive to bring all office stock up to a minimum EPC Grade B by 2030 would prove prohibitively expensive for most landlords as rental returns would not justify the investment. He also said ESG is no longer the preserve of larger corporates, with smaller companies already finding it hard to raise finance from banks if EPCs are not at specific levels.
Siddall Jones leads the way in the Radius On Demand Rankings for the West Midlands region in terms of deals numbers, with 174 lettings and occupational sales completed in the last 12 months.
A vibrant city centre, competitive rents and strong connectivity have helped maintain a solid deals pipeline in Leeds and the surrounding region, according to Carter Towler.
Associate director Hazel Cooper and agency surveyor James Jackson spoke to EG in the latest Voice of the Region podcast. Carter Towler is comfortably top of the Radius On Demand Rankings for West Yorkshire for the past 12 months, both in terms of the number of deals done and the amount of space transacted, with 1,019,926 sq ft either let or sold for occupational use across 178 deals.
Both the office and industrial sectors face issues around the supply of new stock, although Jackson says new office developments in Wellington Place and Aire Park are being supplemented by high quality refurbishments of existing space.
There will be a sharp rise in the number of distressed property assets being brought to market this year, according to Watling Real Estate director Jamie Lamond.
Lamond, who is the Radius dealmaker of the month for March with 160,000 sq ft of disposals, says that although the lending markets are structured very differently compared to previous downturns, appointments of administrators and receivers have begun to surge this year and tougher times lie ahead.
He identifies hospitality and the high street as particularly vulnerable, but also expects problems for some assets in the logistics sector as well as London’s office core. However, Lamond believes the situation will not be as profound as the global financial crisis of 2007-2008 due to the weight of money still in the market.
In this episode of the EG Property Podcast, Tim Burke, EG’s deputy editor, sits down with the founders of Vectr7 Investment Partners Mary Criebardis Singh and Dominic Wilson to talk about climate technology investment in the real estate space.
The pair are raising $25m (£19.7m) for the fund, which will invest in companies across Europe with a specific emphasis on greenhouse gas capture or avoidance in the real assets industries, including real estate, infrastructure, transport and utilities.
The fund is targeting cheque sizes of $1m to $3m and will look to invest in around 15 ventures. It has already backed three companies: machine learning powered smart sockets company measurable.energy, hybrid-work management software company Kadence, and local office space and events company Patch.
In this 20-minute discussion, we dive into what the pair hope to achieve with the fund, how we need to redefine how the real assets industry utilises technology to address sustainability issues more widely and the changing nature of investment.
In this EG Property Podcast, we delve into the transformative world of workplace environments, focusing on the EG Power Properties List, powered by HqO.
Listen in as EG editor Samantha McClary sits down with Samuel Warren, senior vice president of sales at HqO, for an in-depth discussion on what it takes for companies to not only make it onto this coveted list but also to achieve the distinguished HqO Best Spaces to Work certification.
The conversation looks at the critical importance of curating superior occupier experiences in today’s competitive landscape and uncovers why HqO has spearheaded the Real Estate Experience platform.
This initiative aims to arm businesses with actionable insights drawn from comprehensive data on how end-users engage with their workspaces. Join us as we question the future of workplace design, investigate the role of data in shaping occupier experiences, and reveal the strategies that companies can employ to transform their spaces into hubs of innovation and productivity.
Find out more about how to make it on to the Power Properties list here
High streets are awash with opportunity for occupiers willing to take advantage of historically low start-up costs and find new ways of using space, according to Flude surveyor Alice Masterman.
Operating from Flude’s Portsmouth office, Masterman was 2023’s top individual dealmaker in the Radius rankings for the South East region. She transacted 86 deals and more than 150,000 sq ft of space.
Masterman says the relatively high cost of industrial space means many brands which become online-only are now taking advantage of low retail rents and returning to the High Street. She also believes the health sector, from aesthetics to dentistry, is playing an increasingly important role in the overall mix.
In a recording of 'The Great Workplace Reset' panel, held in partnership with Avison Young and Shoosmiths at MIPIM on 12 March 2024, Samantha McClary asks expert guests what the future holds for our places of work.
Nuala Gallagher, corporate director, city development at Liverpool City Council; Theo Michell, co-founder & COO, Bywater Properties; Nathan Rees, partner and co-head, real estate investment group, Shoosmiths; and Nick Walkley, principal and UK president, Avison Young, discuss the major questions facing the sector.
Does the central business district still exist? What do people actually want from the places they work? What kind of buildings will we need, and is there still a place for big, shiny towers? How can we get more young people back into town and city centres? And can planning decision-makers keep up with the pace of change?
The industrial sector has begun the year with a degree of caution but activity is hotting up in the small to medium size end of the market as opposed to sheds, according FHP joint founder and director John Proctor.
Proctor is EG’s Dealmaker of the Month for February after finishing the month top of the individual dealmaker Radius Rankings, with 116,155 sq ft of space either let or sold.
He says there are reasons for cautious optimism for the industrial sector, with demand picking up since the turn of the new year, particularly for units up to 50,000 sq ft. He also welcomes the fact that ESG has become intrinsic to the market, extending right the way down to the process of obtaining finance.
Welcome to The School of Hard Knocks, a six-part series brought to you by EG Property Podcasts that will off up a bounty of lessons from those who have experienced a rough time or two that will enable us to better navigate the tough times ahead.
Over the course of this series, we’ve been meeting people who have lived through some of the highs and lows of this wonderful business of real estate and through our conversations we will dig deep into the skills, the mindsets and the structures you need in place to successfully navigate tricky times.
Joining EG editor Samantha McClary for our penultimate lesson in the School of Hard Knocks curriculum is founder extraordinaire and all-round real estate expert Neil Sinclair.
With more than 60 years’ experience in real estate, some high highs and some low lows, Sinclair has managed to stay grounded throughout. He is driven by honesty, a passion for his charitable work and the desire to keep testing the grey matter.
This lesson is ram-packed with advice about how to take a hard knock and how to stay passionate about the work that you do.
So, sit back, get your pen and paper ready, because it is time to enrol yourself in EG’s School of Hard Knocks. Listen hard and enjoy.
Click here to listen to episode one with Scarborough Group's Kevin McCabe
Click here to listen to episode two with Harworth Group's Lynda Shillaw
Click here to listen to episode three with JLL's Katie Kopec
Click here to listen to episode four with Canary Wharf Group's Jane Hollishead
English and Scottish law have increasingly diverged in recent years, not least in property law.
To talk listeners through those key differences, EG’s Sarah Jackman is joined by Daniel Black, barrister at Falcon Chambers. Following an overview of the basic differences between the two systems, they discuss three key areas of practice:
- residential tenancy law;
- energy efficiency; and
- building safety.
Are there things that one system could learn from the other? And what are the key pieces of legislation currently passing through each Parliament that listeners should be aware of?
Glasgow’s industrial market is in rude good health, with demand outstripping supply leading to strong rental growth and high deal volumes, according to GM Brown Property Consultants founder and director Gregor Brown.
With 134 deals over the line in 2023, Brown was the UK’s biggest individual dealmaker in the Radius On Demand Rankings, letting more than 300,000 sq ft of space across all major use types in and around Glasgow.
Brown also says Glasgow has a glut of vacant office space and believes much of this may need to be repurposed for alternative use. He says there are various BTR developments in the pipeline for Glasgow city centre which he believes will prove important in bringing back demand for the city’s shops, bars and restaurants.
Welcome to The School of Hard Knocks, a new six-part series brought to you by EG Property Podcasts that will off up a bounty of lessons from those who have experienced a rough time or two that will enable us to better navigate the tough times ahead.
Over the course of this series, we’ll meet people who have lived through some of the highs and lows of this wonderful business of real estate and through our conversations we will dig deep into the skills, the mindsets and the structures you need in place to successfully navigate tricky times.
Joining EG editor Samantha McClary for our fourth lesson in the School of Hard Knocks curriculum is Jane Hollinshead, chief people officer at Canary Wharf Group, who shares vital advice around the power of diversity of skills, the value of your network, and finding balance.
Hollinshead isn’t afraid of hard knocks – not only in the boxing ring where she keeps herself fit and grounded – but in life. She’s prepared to take leaps of faith and she understands that sometimes you need to be pushed over the edge – and push others too.
But if you are pushing, says Hollinshead, be nice because real estate is all about connections and relationships. And guaranteed that one day you’ll be across the table from someone you really wish you’d probably been a bit kinder to.
So, sit back, get your pen and paper ready, because it is time to enrol yourself in EG’s School of Hard Knocks. Listen hard and enjoy.
Click here to listen to episode one with Scarborough Group's Kevin McCabe
Click here to listen to episode two with Harworth Group's Lynda Shillaw
Click here to listen to episode three with JLL's Katie Kopec
Welcome to The School of Hard Knocks, a new six-part series brought to you by EG Property Podcasts that will off up a bounty of lessons from those who have experienced a rough time or two that will enable us to better navigate the tough times ahead.
Over the course of this series, we’ll meet people who have lived through some of the highs and lows of this wonderful business of real estate and through our conversations we will dig deep into the skills, the mindsets and the structures you need in place to successfully navigate tricky times.
Joining EG editor Samantha McClary for our third lesson in the School of Hard Knocks curriculum is Katie Kopec, international director of JLL, who shares her experiences of working in the same business for 40 years.
But Kopec has definitely not had just one job. A persistent learner, Kopec shares her wisdom on the development market, coping with a complete lack of activity and finding strength in flexibility.
So, sit back, get your pen and paper ready, because it is time to enrol yourself in EG’s School of Hard Knocks. Listen hard and enjoy.
Click here to listen to episode 1 with Scarborough’s Kevin McCabe
Click here to listen to episode 2 with Harworth’s Lynda Shillaw
“Don’t be afraid to push yourself and put yourself out of your comfort zone” is just one piece of advice Rider Levett Bucknall’s Carolyn Brady has for developing a career in the sector.
In a wide-ranging discussion with Bricks & Mortar host Sarah Jackman, Carolyn reflects on her journey in surveying, what it means to win the RICS Matrics Surveyor of the Year award and why it is important to give back to the industry that she loves.
She also discusses her work as a STEM ambassador and the joy of opening young people’s eyes to the possibility of a career in the sector.
The North East’s office sector is defying the tentativeness of the broader market thanks to the vibrancy of its town centres and the region’s strong transport links, according to Patrick Matheson, partner at Knight Frank’s Newcastle office.
Matheson is the UK’s highest-placed office agent in the Radius On Demand Rankings for January, with 38,727 sq ft transacted across seven deals. He believes occupiers are now more settled in how they want to operate space post-pandemic, and says workers are welcoming the return thanks to the ease of commute and the pull of the city centre.
Although availability in Newcastle city centre is tightening, Matheson says there are requirements for a further 230,000 sq ft of space across the North East, making him optimistic about the year ahead.
Jess Harrold is joined by Rebecca Francis, associate director at Osborne Clarke, to discuss the most significant decision yet under the Building Safety Act 2022: Triathlon Homes LLP v Stratford Village Development Partnership and others, involving remediation of cladding that poses a fire safety risk at five residential blocks in the former Olympic Village in east London.
Francis talks through the various parties involved and the remediation contribution order applied for, and explains how the First-tier Tribunal made its decision on where the responsibility for footing the bill for remediation works should lie.
According to Francis, the decision really "shines a light" on the importance of the 2022 Act and its implications may come as a "bit of a shock" in particular for building owners and landlords that were not involved in the construction of a relevant building.
Today's episode of Bricks & Mortar features the story of residential surveyor, Neil Trewick, who tells EG's Sarah Jackman how he changed his career from teaching to real estate.
He discusses his motivations, the practicalities of studying while still working in teaching and why he has no regrets about making the move and setting up his own practice.
Teesside is in a period of dramatic development and reinvention thanks to huge sums of public investment through which it is establishing itself as a player on the world stage, according to Parker Barras founder and director John Taylor.
Middlesbrough agency Parker Barras sits at the top of the Radius On Demand Rankings for 2023 in the two counties which Teesside straddles: in North Yorkshire it let or sold 136,549 sq ft of space across 43 deals, while in County Durham it is out in front in deals numbers, with 15 through which 33,950 sq ft of space was transacted.
Taylor believes developments such as Teesside’s freeport are prompting an unprecedented level of international interest and it will spark a boom in the local supply chain which will have far reaching benefits for commercial property across the entire region.
This week’s guest on Bricks & Mortar is James Simondson, associate director in the strategic communications team at planning and development consultancy Turley, who discusses the growing importance of social value and how it can be delivered through the planning process.
Simondson emphasises the importance of community engagement in the process and talks through examples of how that might look in practice.
He also discusses Turley’s approach to delivering social value, as well as reflecting on how strong credentials in the field can help to attract and retain talent in a business.
In on the Act kicks off its 2024 series with a deep dive into the Leasehold and Freehold Reform Bill.
Part of the government’s commitment to leasehold reform, the Bill was introduced in November 2023 and is now working its way through the Parliamentary process.
To unpack its detail, EG’s Sarah Jackman is joined by Stephen Jourdan KC, barrister at Falcon Chambers, who sets the scene by discussing the drivers for leasehold reform and recent work undertaken by the Law Commission in the area.
He then details the main provisions set out in the Bill, including changes to the lease extension term for houses and flats, as well as covering other elements such as the administration of service charges and buildings insurance costs. He also highlights the Bill’s omissions, notably commonhold and a ban on new leasehold property.
But with a general election looming, how likely is the Bill to make it onto the statute books in 2024?
Welcome to The School of Hard Knocks, a new six-part series brought to you by EG Property Podcasts that will off up a bounty of lessons from those who have experienced a rough time or two that will enable us to better navigate the tough times ahead.
Over the course of this series, we’ll meet people who have lived through some of the highs and lows of this wonderful business of real estate and through our conversations we will dig deep into the skills, the mindsets and the structures you need in place to successfully navigate tricky times.
Joining EG editor Samantha McClary for our second lesson in the School of Hard Knocks curriculum is Lynda Shillaw, the chief executive of Harworth Group who very nearly let her 18-year old self’s dream pass her by.
With decades of experience in a range of different businesses from BT, to Scottish Widows, Manchester Property Group and Town Centre Securities, Lynda shares her story of the ups and downs of deal making, regeneration and very nearly deciding to take it a little bit easier.
The conversation is packed with insights and intelligence and tips of how to make it through the tough times and rides the waves well, with people, planning and persistence all featuring heavily.
So, sit back, get your pen and paper ready, because it is time to enrol yourself in EG’s School of Hard Knocks. Listen hard and enjoy.
And, if you missed part one, click here to listen now.
EG’s Sarah Jackman welcomes the CEO of the Chartered Surveyor’s Training Trust, Terry Watts, back to the podcast to discuss its latest initiatives.
They catch up on the My Environment, My Future schools programme and how that’s now reached over 500 teachers; the launch of its latest schools competition (see its website at https://www.cstt.org.uk/Home/My-Environment-My-Future for more details); and the plans it has to be even more ambitious in helping new talent into the profession in 2024.
The politics and real estate podcast ends the year with EG's Piers Wehner and former housing minister Mark Prisk looking back over some highlights and themes of 2023, while looking ahead to 2024.
(This podcast has been republished following a technical issue)
Sarah Jackman and Jess Harrold count down EG's official list of the most important property law cases of the year - featuring a strong showing from the Supreme Court in what has been a busy 2023 for the highest court.
The cases covered include major developments in planning, service charges, the growing impact of the Building Safety Act 2022 and the law of nuisance – but what will take the coveted number one slot?
Sarah Jackman is joined by Guy Fetherstonhaugh KC, barrister at Falcon Chambers, to discuss the legislative developments that have had the biggest effect during 2023.
Fetherstonhaugh addresses the continuing "huge impact" of the Building Safety Act 2022, which has continued to sire a stream of secondary legislation this year, and is beginning to lead to a number of cases.
Turning to residential reform, he addresses proposals in the Renters (Reform) Bill and the Leasehold and Freehold Reform Bill.
In addition, Fetherstonhaugh tackles the implications for landlords of the recently enacted Levelling-up and Regeneration Act 2023, and the massive significance of the Minimum Energy Efficiency Standard regulations.
But what are his thoughts on continuing litigation under the Landlord and Tenant Act 1954 and its upcoming scrutiny by the Law Commission - and what legislative change would he most like to find in his Christmas stocking?
Welcome to The School of Hard Knocks, a new six-part series brought to you by EG Property Podcasts that will off up a bounty of lessons from those who have experienced a rough time or two that will enable us to better navigate the tough times ahead.
Over the course of this series, we’ll meet people who have lived through some of the highs and lows of this wonderful business of real estate and through our conversations we will dig deep into the skills, the mindsets and the structures you need in place to successfully navigate tricky times.
Joining EG editor Samantha McClary as our first scholar in the school of Hard Knocks is Kevin McCabe, the Sheffield-born businessman who set up Scarborough Group, growing the company from zero to a £2bn business.
With decades of experience under his belt – some big highs and some low lows – Kevin tells us how his journey began with knowing what he didn’t want to do and how he grew a successful business by making sure he seized the opportunities that came his way, built trust with partners, made sure he knew all the ins and outs of the business and was wise enough to know exactly when things started to feel too good to be true.
So, sit back, get your pen and paper ready, because it is time to enrol yourself in EG’s School of Hard Knocks. Listen hard and enjoy because graduation promises a better grounding to navigate any knocks the economy may throw your way, this year or the next.
This latest episode of Bricks & Mortar features Jones Hargreaves senior associate partner, Sammi Johnstone, discussing her route into real estate and what she loves about surveying.
As she prepares to return to Scotland and head up Jones Hargreaves new Glasgow office, she tells EG's Sarah Jackman why she made the decision to change career into real estate, how her career has evolved since and the joy she derives from the role, not least the variety.
On the latest weekly round-up, Jess Harrold is joined by senior writers, Julia Cahill and Piers Wehner to discuss the latest news in real estate.
Wehner tackles the 35% rise in planning fees for major projects and the industry reaction that suggests it does not go far enough to meet the funding gap that is slowing down our planning system - and threatening the finances of our beleaguered local authorities.
Cahill dives into worrying findings in the latest RICS Global Sustainability Report that suggests the real estate industry prizes profit over principles - and Wehner sees that bleak news and raises a UK Green Building Council report warning that the industry is “significantly off-track” from the trajectory required to meet the UK’s national net zero commitments.
Can the long-awaited return of the quiz of the week lift the collective gloom?
To meet both national and global decarbonisation targets there is a crucial need to improve the condition of existing real estate stock.
Embracing the core principles of the three Rs – reduce, reuse, recycle – should play a big part in real estate ESG strategies.
In this EG podcast we will hear how Hollis has created its own version of the three Rs to review decarbonisation through reduction, renovation and renewables.
We will investigate how reduction can optimise existing systems to perform as efficiently as possible and explore the potential of renovation in prolonging the lifecycle of a building and enhancing the operational performance of estates.
Finally, we’ll delve into whether achieving net zero targets necessitates a strong emphasis on on-site renewable energy generation.
In the latest episode of the politics and property podcast, former housing minister Mark Prisk and EG journo Piers Wehner plunge into the Autumn Statement, like giddy schoolboys attacking a pile of fallen leaves.
The chancellor pitched it as a boon for business, with the biggest ever business tax break sat at its heart, but is it as good as all that for the industry? Or are there, lurking beneath the golden leaves, a couple of snares lying in wait?
This ESG podcast investigates how real estate can look to amplify and intensify its deployment of renewable energy, address climate change and transitioning towards a viable energy future.
In this ESG podcast, EG hears more on the legal requirements and implications of the 2021 Environment Act for biodiversity net gain. How planners can collaborate with developers, local communities, landowners and farmers to deliver BNG beyond the development site and the challenges and opportunities of developing Local Nature Recovery Strategies for BNG.
Oxford Street has long been the backbone of London’s retail scene. It has been the capital’s high street for decades, but over recent years has lost some, if not all, of its shine. Covid hit the street hard and if you believe everything you read in some of our less expert media, the street is now full of Candy Stores and tacky souvenir shops.
The truth, of course, is something quite different.
Oxford street is very quickly being reborn, with a fresh mix of retailers, a fresh mix of uses and a more focused curation from those that own and operate the street.
Vacancy rates are falling, more than 23 candy stores have disappeared from the street – with more to come – some 19 new stores have opened on Oxford Street over the last year and 22 more are under offer.
In this episode EG editor Samantha McClary is joined by Savills’ head of global retail Sam Foyle, Sarah Goldman, head of retail at GPE, and retail expert Dan Hildyard for a behind the scenes tour of London’s most famous street as we seek to undo the “national embarrassment” reputation others suggest Oxford Street has become.
Enjoy.
Investor demand for hotels in the tourist hotspots and national parks of the south coast sparked a recovery in the transactional hotel market, which has now returned to pre-covid levels of activity, according to Christie & Co regional director of hospitality south Ed Bellfield.
Christie & Co comfortably leads in the Radius On Demand Rankings for investment sales in the hotel and leisure sector, with almost £70m of sales across 43 deals for the UK as a whole. It also leads the sector's investment rankings in both the South West and South East.
Bellfield says the transactional market for hotels ground to a half in mid-2020 but recovery came first to the tourist destinations on the south coast – where visitor numbers were bolstered by city dwellers looking to escape their urban environments - before spreading to the larger towns and cities. He also says there is a healthy development pipeline for new hotels, with environmental performance now a critical factor.
In this ESG podcast we delve into carbon development decisions that will have an impact on real estate and the planet. Do we need to build any new buildings or are we headed to a future where retrofit and refurb is the only option?
Jess Harrold is joined by deputy editor Tim Burke and senior writer Piers Wehner to round up the week in real estate.
Burke discusses his EG Interview with Tim Roberts, chief executive of Henry Boot, about the developer’s first HQ move in almost a century – and addresses the state of the London office market, with insights of optimism from British Land’s chief executive, Simon Carter.
Wehner outlines Landsec's £1bn disposal strategy and how it plans to boost its development pipeline, and turns his attention to the government reshuffle, the return of Lee Rowley, and his inventive way of charting the lengths of tenure of housing ministers.
Burke offers an update on WeWork, and how rivals are eyeing its sites that might become available, plus his thoughts on what might come next.
Along the way, the discussion takes in Snoop Dogg, John Cleese, the Two Ronnies and music for funerals - but with the latter in mind, what track will Burke add to the EGLSM Certified Bangers playlist? https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
In this latest podcast, EG's Sarah Jackman speaks to Nick Martyn, partner and lead for the leasehold enfranchisement team at RWK Goodman, about leasehold reform and whether developers are changing the way they view the asset values of new build residential freehold blocks.
They cover a range of legislation, both proposed and enacted, including the Leasehold and Freehold Bill announced in the King's Speech, the Leasehold Reform (Ground Rent) Act 2022 and the Building Safety Act 2022.
MAPP's head of people and talent, Sean Greathead, joins EG's Sarah Jackman to discuss the range of policies that the firm has implemented to help create and support DEI within the business.
In a wide-ranging discussion that covers both recruitment and staff retention, they discuss gender and ethnicity pay gap reporting, the positive role of employee forums in capturing staff sentiment and ideas, and the significance having role models within the business.
As Greathead says: "There's a joy, an excitement and a value with difference."
This latest edition of In on the Act features Falcon Chambers barrister, Mark Galtrey, discussing the recent Law Commission recommendations to reform the Arbitration Act 1996, which were published in early September, alongside a draft Bill.
Following the announcement in last week's King's speech that an arbitration Bill will be included in this Parliamentary session, Galtrey delves into the detail of what the Law Commission has proposed and what practitioners can expect to see should its recommendations be adopted.
He provides examples of how arbitrations apply in the property context (rent reviews and partnership arrangements being common scenarios), as well as reflecting on whether there were missed opportunities to recommend reform to other parts of the existing Act.
Jess Harrold is joined by offices reporter Chanté Bohitige and senior writer Piers Wehner for the latest weekly round-up.
Bohitige tackles the fallout after WeWork filed for Chapter 11 bankruptcy protection in the US, looking at what comes next for the brand and its UK leases.
Wehner addresses the key real estate proposals in the King's speech, and the major question marks they leave over leasehold reform - as well as the latest on Donald Trump and on Home REIT.
But what UK grime track will DJ Chanté add to the EGLSM Certified Bangers playlist?: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
In the latest episode of the property and politics podcast former minister Mark Prisk and EG journalist Piers Wehner look at the runners and riders in this year's King's Speech.
Will the Renters (Reform) Bill have an easy ride? Will the Leasehold and Freehold Bill fall at the first hurdle? Will they all simply run out of time?
And what other stalking horses might appear and which may fail to make it out of the gate?
Brighton’s reputation as a home of the cool and the quirky - with a little help from more flexible Class E provisions - have helped the south coast city remain buoyant through turbulent times, according to Eightfold commercial property director Max Pollock.
Eightfold currently sits at the top of the Radius On Demand Rankings for lettings and occupational sales across Brighton. It has disposed of 50,395 sq ft of space across 34 deals so far in 2023, which is more than any other agent on both counts.
Pollock says Brighton’s office and retail markets are thriving thanks to its independent ethos and its strength as a place for start-up businesses. As such, he believes recently announced plans by the city’s council to create large Grade A office spaces overlook what Brighton does best.
This month’s In on the Act features Falcon Chambers barrister, Camilla Chorfi, discussing the Electricity Act 1989 and whether it is still fit for purpose in light of changing energy demands and last Autumn’s consultation on land rights and consents for electricity network infrastructure.
Chorfi discusses the background to the 1989 Act and how it operates in practice, before running through the consultation detail and reflecting on what the future might bring by way of legislative change.
For the latest weekly round-up, Jess Harrold is joined by editor Sam McClary and head of events Natalie Roberts to discuss the event of the season, the 2023 EG Awards.
McClary shares her favourite memories from a special night, including co-hosting with the iconic Ruby Wax, and honouring the winner of this year's Outstanding Individual Award, the similarly legendary Sue Brown, managing director of Real Estate Balance.
Roberts offers insights on what it takes to put on an event of this magnitude, and what she was most proud about on the night - as well as a few teases about what comes next in the always-packed EG calendar.
Read all about this year's winners at: https://www.egi.co.uk/news/oh-what-a-night-eg-awards-winners-announced/
And be sure to catch up with EG's Starting Out in Real Estate special at: https://edition.pagesuite-professional.co.uk/html5/reader/production/default.aspx?pubname=&edid=9e29e9f5-079d-4cec-b3ff-d2ee44e6933f
In the latest episode of the politics and property podcast, EG's senior writer Piers Wehner and former government minister Mark Prisk are joined by special guest Melanie Leech, chief executive of the BPF, to recap the party conference season and take a look at some of the policies unveiled.
Are we seeing a new level of focus on planning and development from both the government and opposition? Will the sledgehammer taken to HS2 North prove disastrous for developers? And just what is Labour hoping to deliver if it forms the next government?
In the rapidly evolving landscape of workplace design, sustainability has emerged as the key consideration.
In this podcast, EG, in collaboration with Peldon Rose, will explore how we can create workspaces that minimise environmental impact while maximising employee wellbeing and productivity.
We will discuss the possibilities of balancing the use of sustainable materials and energy-efficient systems without compromising on design aesthetics and ask whether sustainable design can truly deliver on its promises of reduced costs and improved occupier satisfaction.
Join us as we delve into how sustainable design practices can positively influence both landlords and tenants, and align with their broader environmental, social and governance strategies.
See Peldon Rose's sustainability manifesto here
In this podcast, Samantha McClary is joined by Pooja Agrawal, chief executive, Public Practice, Rokhsana Fiaz, mayor of Newham, Kirsten Hewson, partner & head of real estate, Shoosmiths, Thomasin Renshaw, chief development officer, Pocket Living, Cath Shaw, deputy chief executive, Barnet Council and Lucy Wood, UK climate solutions leader, Stantec.
They debate what progress is being made to go above and beyond planning compliance to deliver better places to live and work and rebuild trust in our communities.
What role does planning policy play? How can developers and planners maximise social value through collaboration? And what engagement is needed from all stakeholders to lead to more inclusive, sustainable and beneficial projects for communities and society as a whole?
In August 2022, Whitbread announced it had acquired 5 Strand for a hub by Premier Inn hotel.
The 700-bedroom development will create one of the largest budget hotels in central London, a stone’s throw from Nelson’s Column.
In this exclusive EG podcast, the team behind the £125m acquisition will lift the lid on why they were so attracted to the location, how the opportunity came about and the task of planning for such a large hotel in the heart of the West End.
And we ask what will it bring and how does it align with Westminster City Council’s goals for sustainability and a fairer economy?
Co-living has been gaining in popularity as a housing trend, especially in urban areas among young professionals and digital nomads.
The attraction of co-living spaces lies in their ability to offer affordable, social and flexible living arrangements while also providing access to vibrant communities of individuals with shared interests and values.
In this EG podcast, in collaboration with JLL’s head of living capital markets, Simon Scott – whose team has a proven track record of working with both investors and developers to create successful and vibrant rental communities in the UK – we discuss where the real opportunity is for co-living going forward and how we might expect the market to evolve over the next decade.
What are consumers looking for, and what are the development and investment opportunities? How will ESG priorities, climate change and sustainability affect this product and the tenant group that it targets?
The concept of flex space continues to gain popularity as businesses recognise the advantages of a more agile and cost-effective approach to office space.
Flex space is bringing additional variety to the office market, allowing businesses to scale their offices up or down quickly. Versatility, scalability and location are some of the key features and benefits of flex space.
How does flexible workspace enhance the offer of an office building? And how is flex space driving value to occupiers and employees?
Join this exclusive podcast with EG and flex workspace operator Spacemade, as we explore Spacemade’s recent research into the “flex premium” and the future of the workplace in creating dynamic work environments that can evolve and foster collaboration, innovation and productivity among employees.
For the latest weekly round-up, Jess Harrold is joined by editor Sam McClary and news editor Pui-Guan Man.
Man dives into the results of EG's extensive survey on what RICS members want from the beleaguered organisation going forward, and shares details of her EG Interview with the current leadership of the RICS: chief executive Justin Young, board chair Martin Samworth and regulation board chair Nigel Clarke.
McClary shares her passion for EG's Future Leaders program and the lessons learned from the nine inspirational speakers at the latest Future Leaders summit - everything from proper investment, to the authenticity gap, how to speak to Gen Z and the right way to ask, and answer, "how are you?"
Listen to McClary share her highlights of the event, then watch all nine talks at: https://www.eg.co.uk/eg-events/future-leaders-talks/
Associated British Ports is searching for a national agent to work alongside regional specialists so it can press the accelerator on commercial opportunities across its estate of 21 sites in the UK, according to its Humber head of property Greg Lacey.
ABP has launched a property growth strategy in which it aims to considerably increase revenues from commercial occupiers. Lacey believes ports provide a mixture of connectivity and competitive land prices allied with the incentives on offer through the freeports initiative that will make them a force to be reckoned with over the next decade.
He also believes ports can be a driving force in the race to net zero with a number of renewable technologies on site that can offer green and competitively-priced energy to ABP’s growing roster of commercial tenants.
This latest episode of Bricks & Mortar sees EG’s Sarah Jackman catch up with Barny Evans, director – sustainability & ESG, at planning & development consultancy, Turley.
Evans has spent over 20 years in the sustainability field and has seen it evolve significantly in that time, both in terms of the breadth of available career opportunities and the policy that underpins it.
He discusses his route into the profession, the things that have helped him advance his career and why sustainability is a rewarding and dynamic area of real estate to be part of. He has plenty of advice for those looking to get into the sector, which he also details in EG’s new Starting out in real estate publication: www.eg.co.uk/starting-out-in-real-estate
In the latest weekly round-up, Jess Harrold is joined by news reporters Chanté Bohitige and Evelina Grecenko, and head of special content, Emily Wright.
As Wright makes her first EGLSM appearance after maternity leave, she shares her insights into how the real estate sector has changed in her time away, plus details from her sustainability discussion with Sarah Ratcliffe, new chair of a revamped Green Property Alliance.
Grecenko offers an update on the ever-busy life sciences field, including her EG Interview with the dedicated Life Sciences REIT, about its efforts to meet changing tenant requirements and keep ahead of the competition.
In another volatile week for the office market, Bohitige discusses industry reaction to Meta handing back the keys to its London offices at Triton Square, and the analysts at investment bank Jefferies offering a glum forecast.
Plus, the success of Liverpool One, a major deal involving a US university, the rise of the "greenium" - and DJ Chanté adds another track to the EG Certified Bangers playlist: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
In a special Monday morning episode of the weekly podcast, Jess Harrold is joined by Nina Zeilerbauer, co-founder of real estate recruiter Madison Berkeley, and Adina David, executive director at MGT and founder of the networking organisation Ladies in Real Estate, to discuss the Empower Equity campaign launching today.
Zeilerbauer and David discuss the continuing problems that impact on female representation in senior leadership, and how their week-long initiative seeks to encourage greater retention.
As part of the Empower Equity 2023, they will be publishing a new 30-minute reverse mentoring audio interview each day in the week of 25th September 2023 on the Madison Berkeley and LIRE websites. Each interview features a junior female in real estate putting questions to a senior figure in the industry.
Listen to Zeilerbauer and David share their insights, then dive into the Empower Equity recordings at https://www.madisonberkeley.com/news/ and https://www.ladiesinrealestate.co.uk
On the latest episode of the politics and property podcast, EG senior writer Piers Wehner and former housing minister Mark Prisk meet West Midlands Mayor Andy Street.
Street tells the team why a mayor has to be a good storyteller, why a career at John Lewis proved a perfect route into regional politics and why Liz Truss may still be right. In part. Sort of.
Sarah Hayford, founder of the Land Collective – a youth-focused organisation that encourages those from underrepresented groups to engage with the built environment sector – is this week’s guest on Bricks & Mortar.
She joins Sarah Jackman to discuss a new initiative – Black Girls in Property – a week-long internship run in August and open to female year 11 students of black or mixed-black heritage, based in London. They touch on the inspiration for the programme, its structure and what’s next to help highlight the opportunities in the sector to participants.
They round off by looking at the Land Collective’s upcoming initiatives, including the ESG launchpad and virtual internship programmes.
In the latest weekly round-up, Jess Harrold is joined by Tim Burke, Chanté Bohitige and Akanksha Soni to discuss the latest news.
With the announcement that the real estate focused stock exchange IPSX is being wound down, Burke outlines how the ambitious plan was supposed to work and what went wrong.
Bohitige tackles WeWork as it begins the mammoth task of renegotiating its leases around the world.
Soni was in place in Birmingham to assess reactions to the news that its City Council is facing bankruptcy, and shares what she learned from her EG Interview with Pocket Living chief exec Marc Vlessing.
And, with Burke and Bohitige together on the podcast, that means two brand new jams added to the EGLSM Certified Bangers playlist - why not give it a listen on your Sunday afternoon at: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
Jess Harrold is joined by Jonathan Gaunt KC, barrister at Falcon Chambers, to discuss the work of the Law Commission and its role in recommending reform, with specific reference to property-related matters.
As well as the Law Commission's forthcoming review of the Landlord & Tenant Act 1954, and its extensive recent recommendations in relation to leasehold, commonhold and enfranchisement, Gaunt explains the intricacies of the Commission's work by reference to two major projects that have yet to lead to legislative change: its reports on easements in 2011 and on rights to light in 2014.
Gaunt - co-author of the leading text, Gale on Easements - offers his views on the Commission's outstanding recommendations in these areas, and the reforms he still hopes may one day find their way onto the statute book.
EG's weekly podcast round-up returns after a summer break, and Jess Harrold is joined by senior writers Julia Cahill and Piers Wehner, and legal & professional editor Sarah Jackman, for a bumper episode.
Cahill recounts insights on the future of the office from her EG Interview with Sir Stuart Lipton, and Wehner brings to life the boundless possibilities that generative AI can offer the real estate sector.
Then, Jackman explains why EG is giving the sector the gift of the Starting Out in Real Estate supplement, an informative guide for young people about the career paths and opportunities available. Read - and share - the SOIRE special at: https://edition.pagesuite-professional.co.uk/html5/reader/production/default.aspx?pubname=&edid=9e29e9f5-079d-4cec-b3ff-d2ee44e6933f
As part of EG’s new Starting out in real estate publication, Blessings Doherty, land economy undergraduate at the University of Cambridge speaks to the Crown Estate CEO, Dan Labbad, about his journey in the sector.
The pair discuss his enduring passion for real estate and its ability to drive social change, sustainability and placemaking; the breadth of opportunity that exists for careers in the sector now compared to 30 years ago; and the ways in which young people can help to change the world for the better.
They also reflect on the power of diversity, the responsibility that comes with leadership and why it’s okay to be vulnerable.
In this episode of the EG Property Podcast, EG editor Samantha McClary is talking all things data.
She sits down with Thalia Baldwin, chief executive of the Geospatial Commission, and Alex Notay, who as well as being placemaking and investment director at PfP Capital is a non-executive independent commissioner at the Geospatial Commission, to delve at little deeper into their recent Building Better Decision Making report.
The report calls for greater use of location data in the real estate sector to unlock innovation and enable the industry to function better, more efficiently and more effectively.
But greater use alone is not enough. Collaboration across public and private sectors, a wider lens on the types of data that might be useful for better decision making and an understanding that just collecting it isn't enough - it's what you do with it that counts - form part of the asks during this 35-minute conversation.
Whether you're a data nerd or someone who just wants to build a better place, this listen will have plenty for you to get your teeth into.
And if you want to read some of the reports discussed in the recording, you can access them all here: Building Better Decision Making Finding Common Ground The RED Foundation
In this special edition of Bricks & Mortar, EG’s Sarah Jackman speaks to DWS’s head of UK, Jessica Hardman, as part of EG’s new Starting out in real estate publication.
Jessica assumed the head of UK role in June 2023 following a career in real estate investment management, most recently as DWS’s head of European portfolio management and head of UK real estate group – a role that she retains.
The pair discuss her journey into real estate and how her career has evolved since, including what first ignited her interest in the sector, the education and professional choices she made to support a career in it and how those choices led her to a career in investment management. She reflects on how her career has evolved since, the things that are important to her as a leader, as well as sharing plenty of advice for those considering a career in real estate.
In today’s episode of Bricks & Mortar, Sarah Jackman is joined by Marion Ellis of Love Surveying – a company that offers coaching and bespoke business support to those setting up and running their own surveying business. Marion established Love Surveying following 20 years in the residential property sector and today offers a range of support services including mentoring and the Surveyor Hub podcast.
Marion has also written on neurodiversity and the benefits that it brings to the industry for EG’s new Starting out in real estate publication – and expands on those themes in this podcast. She discusses her own experience, the benefits of having diverse thought in the workplace and how the industry has evolved its approach to it in the time that she’s been working in real estate.
Outgoing chair of the Climate Change Committee Lord Deben - perhaps known better to some listeners as former environment secretary and EG columnist John Gummer - speaks to EG's Piers Wehner in the latest episode of the politics and property podcast.
In a wide-ranging interview he talks about why he believes the government has failed to deliver on its green promises, why we need a Department for Land Use, what he would do to compel developers to be more green, and why he supports Just Stop Oil.
Plus what he would do if he were back in government, and what he wishes he had done better as Secretary of State.
“We are now at risk [from climate change] in a way which we have never been before, and we also know what we have to do," he says. "This is a challenge to humanity which will make or break us. And at the moment, it's breaking us."
The winners of the annual ULI Hines Student Competition – Europe 2023, have recently been announced, with a team from the University of Manchester scooping the top prize.
Sarah Jackman catches up with one of the winning team of four, Nimrah Maryam, along with Brian Moran, senior managing director and head of Hines in Ireland as well as member of the jury for the competition, and Emanuel Rebelo, senior associate at Hines and past winner of the ULI Hines student competition.
They discuss the benefits of entering a collaborative project-based competition, what it’s taught them and how those learnings can be applied to professional life. As Moran says: “I am constantly surprised at the talent we see coming through. We insist on diversity – gender and disciplinary – because when they work together and realise that they have to collaborate to bring the best out in one another, it’s quite astonishing what happens. When you see the team working together, you see the passion and the energy come through.”
Bottlenecks in the planning system are a bigger obstacle to the Shropshire market than the UK’s broader economic woes, according to Towler Shaw Roberts partner Toby Shaw, who believes demand is very much there for quality developments once they finally get built.
Towler Shaw Roberts sits comfortably at the top of the Radius On Demand Rankings for Shropshire, with 75,153 sq ft of space transacted across 38 deals so far this year.
Shaw highlights Shrewsbury’s historic Flaxmill Maltings - the world’s first iron frame building which has been imaginatively redeveloped by Historic England for office use and is now attracting record rents for the town - as evidence that demand is there. However, he also believes the market is being hampered by a planning system which means developments are waiting years for work to even start on site.
This latest episode of Bricks & Mortar features Richard Laming, senior director of economics at planning and development consultancy, Turley.
In a focussed discussion, Laming reflects on how technology has impacted planning over the last decade, its acceleration during the pandemic and what's potentially coming down the tracks by way of future developments - including AI.
He goes on to consider what this means for those working in planning. Has the planner's skillset changed? Do those working in the sector need to adapt and evolve their skillset to new meet new technology? What is the effect on the recruitment process?
Tune in to the full podcast to hear Laming's thoughts.
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down for the final part in our trilogy in which we meet this year’s EG Future Leaders.
EG Future Leaders is our award-winning programme that seeks to showcase the very best and most diverse talent in real estate, putting them through an intense training programme that will see them deliver a 10-minute, Ted-style talk to a room full of 100s this September.
Future Leaders is more than a training programme, however. It is a movement showing how powerfully real estate can impact our places, planet and people and how exciting a career it can offer.
It really is the most powerful event you’ll ever attend in real estate.
And in this episode you’ll get a flavour for just why as we hear from Ellie Awford, senior associate at Nuveen, So Sum Lee, consultant at Inner Circle Consulting, and Georgie Roberts, associate partner at Knight Frank as they talk about the power and impact the programme brings and why if you don’t think it sounds like something you’d enjoy, you really need to attend.
To secure your free place at what promises to be the most inspiration-filled day in the property calendar, visit www.eg.co.uk/eg-events/future-leaders-summit-2023
And if you haven’t already, make sure you listen to episodes one and two of this trilogy to get a full flavour of just how impressive our Future Leaders are.
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down for the second of three special interviews with the latest cohort of EG Future Leaders.
EG Future Leaders is our award-winning programme that seeks to showcase the very best and most diverse talent in real estate, putting them through an intense training programme that will see them deliver a 10-minute, Ted-style talk to a room full of 100s this September.
This is more than a training programme though. It is a movement showing how powerfully real estate can impact our places, planet and people and how exciting a career it can offer.
In this episode we hear from Georgie Manly, retail customer propositions director at Landsec, Nabeel Alhassan, senior treasury analyst at Aster Group and Alix Murtha, senior associate at Clyde & Co as they talk about why Future Leaders matters, why being great communicators is about more than just what we say and why it is absolutely vital that you attend our Future Leaders Summit on 21 September.
To secure your free place at what promises to be the most inspiration-filled day in the property calendar, visit https://www.eg.co.uk/eg-events/future-leaders-summit-2023/
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down for the first of three special interviews with the latest cohort of EG Future Leaders.
EG Future Leaders is our award-winning programme that seeks to showcase the very best and most diverse talent in real estate, putting them through an intense training programme that will see them deliver a 10-minute, Ted-style talk to a room full of 100s this September.
This is more than a training programme though. It is a movement showing how powerfully real estate can impact our places, planet and people and how exciting a career it can offer.
In this episode Adnan Anwar, fund accounting lead at JLL, Lucia Sanderson, apprentice surveyor at CBRE and Bisi Brown, secretary at Real Estate Balance, share insights into their Future Leaders journey so far and tell us why they believe they have what it takes to showcase a brighter future for the UK real estate sector.
To secure your free place at what promises to be the most inspiration-filled day in the property calendar, visit https://www.eg.co.uk/eg-events/future-leaders-summit-2023/
Jess Harrold is joined by deputy editor Tim Burke and news editor Pui-Guan Man for the latest weekly round-up.
Burke celebrates the 60th anniversary year of the British Property Federation with insights from an EG interview with major figures from the organisation's past and present, including new president, Mark Allan.
Man offers an update on EG's survey into the future of the RICS, with news on what respondents believe should be the way ahead for the troubled body.
Plus, there's the tricky puzzle of office values to be pieced together, and a new track for the EGLSM: Certified Bangers playlist - check it out at: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
The latest episode of the politics and property podcast, hosted by former housing minister Mark Prisk and EG's Piers Wehner, is a whopper. Piers meets North of Tyne mayor Jamie Driscoll, to talk devo deals, running as an independent, fixing the drains and building the pyramids. Meanwhile Mark gives his views on the latest news, from the damning report on the government's (lack of) net zero progress, Michael Gove entering the (Placemaking) Matrix, housebuilders' concerns about planning and promises of more funding.
Nicky Richmond returns to the Bricks & Mortar podcast for the final instalment of her careers trilogy.
This week she talks to Sarah Jackman about how she progressed to senior partner and the key things that helped her along the way. In particular, she advises the need to be "honest with yourself" when making career choices.
Richmond also gives her thoughts on when it's ok to say no to career progression, as well as recognising when it's time to make a career change.
It's a tale of two important organisations with divergent fortunes in the latest weekly round-up.
Jess Harrold is joined by news editor Pui-Guan Man and Hanna Afolabi - managing director & founder at Mood and Space and founder of Black Women in Real Estate.
Afolabi discusses BWRE, its purpose, what it offers for members and the state of real estate as a sector for black, female professionals. In addition, Afolabi discusses the group's current campaign, in partnership with Quaye Services, to offer five sponsored memberships of BWRE for young black women early on in their careers. Find out more, and how to apply at: www.bwre.org
In addition, Man tackles the latest dramas at the RICS, after the mass resignation from its standards and regulation board - and Afolabi joins the discussion as a chartered member.
Listen to their thoughts, then have your say on the future of the RICS in our survey at: https://www.surveymonkey.co.uk/r/RICSPOLL
Newcastle has redrafted its office offering with a much stronger focus on amenities and environmental performance and is finding occupiers are willing to pay healthy rents in return, according to Parker Knights founder and director Michael Downey.
Despite only launching last year, Parker Knights is the highest placed regional agent in the Radius On Demand Rankings for offices in the North East, with 50,207 sq ft transacted so far this year. It is also the top regional player in the Newcastle office rankings, with 20,424 sq ft let or sold in 2023.
Downey believes build costs are thwarting a lot of development in the region but he says tenants will still pay for the correct offering. He also points out there are now Grade A office offerings in Sunderland and Durham, meaning Newcastle is no longer the only game in town for the wider region.
Jess Harrold is joined by news editor Pui-Guan Man and editor Sam McClary for the latest weekly round-up.
After recounting her pedElle experiences cycling in gorgeous Slovenia, McClary turns her attention to whales, and why they are so important to real estate - specifically how they must be factored in to the sector's environmental impact.
Man discusses the new RICS chief executive, Justin Young, and how his military experience - including commanding a tank troop on Operation Desert Storm in the 1990s - can help whip the organisation into shape.
And McClary offers her own thoughts on both the RICS and the results of EG's LGBTQ+ Attitudes and Actions in Real Estate survey.
But who has been paying the closest attention to the rest of EG's headlines? Find out in the quiz of the week.
In this week’s episode of Bricks & Mortar, EG’s Sarah Jackman sits down with Nicky Richmond, ex-finance lawyer and former managing partner of specialist real estate legal firm Brecher, for the second instalment of their careers trilogy.
They discuss early career development and cover a range of subjects including building confidence in the workplace, dealing with difficult situations and understanding your core values. Richmond also sets out why “imposter syndrome” should be banned from a young professional’s vocabulary, as well as offering plenty of other insights drawn from her expansive career in the sector.
Richmond will return for the final part – accelerating your career – in a fortnight.
In this episode of the EG Property Podcast EG editor Samantha McClary is in conversation with three industry professionals that will be taking part in this year's JLL Property Triathlon.
The event, which takes place on 30 June at Dorney Lake in Buckinghamshire, is one of the biggest annual gatherings of real estate professionals. The triathlon is now in its 16th year and as well as helping real estate stay fit and healthy, raises huge amounts for charity.
This year's event is supporting WWF for a second year and will be one of JLL's biggest fundraiser for the charity.
Listen in to this conversation to find out more about why the JLL Property Triathlon is more than just a swim, bike, run event, why you should take part and what bringing real estate professionals for a day of competition really means for the industry.
Expert commentary comes from:
- Steve Jack, COO - UK & international capital markets, EMEA, JLL
- Hannah Done, associate, office agency, JLL
- Jess Ford, asset manager, British Land
For the latest weekly round-up, Jess Harrold is joined by news editor Pui-Guan Man and two special guests - Kelly Canterford, founder of Tigrou Consulting and Misa von Tunzelman, Head of Corporate Affairs & Marketing - Europe at Lendlease, who are the co-chair and a board member respectively at Freehold – to discuss the results of EG’s latest LGBTQ+ Attitudes & Actions in Real Estate survey.
Together, they dissect the key findings in respect of the percentage of LGBTQ+ respondents who are out at work, and a growing number that say they would recommend the industry as a good place to work to the LGBTQ+ community.
In addition, they look at factors that still prevent some LGBTQ+ professionals from being out, the particular challenges faced in the transactions and capital markets sector, and what businesses and colleagues should be doing to make their workplaces more inclusive.
The latest episode of On the Case focuses on the Supreme Court decision in Nuffield Health v Merton London Borough Council [2023] UKSC 18; [2023] PLSCS 94 – a dispute involving gym premises and charitable relief from non-domestic rates.
Jess Harrold is joined by Jessica Hopewell and Edward Gardner, both senior associates at Bryan Cave Leighton Paisner, to explain how the charitable relief works, and outline the dispute between the parties over the particular gym property.
Hopewell and Gardner sum up the Supreme Court analysis of this important area of law, and the significance of a decision that will be welcomed by charities.
Jess Harrold is joined by deputy editor Tim Burke and reporter Akanksha Soni for the latest weekly round-up.
Burke shares insights on the retail sector from this week's EG Interview with former Intu chair and current P-Three consultant, John Strachan – and offers a pair of contrasting stories that illustrate the state of the office market.
Soni discusses the housing plans of London mayoral hopeful Samuel Kasumu, and Henley Investment Management's first mixed logistics and residential scheme.
But how will they fare in the quiz of the week - and what will DJ Burke add to the EGLSM Certified Bangers playlist?: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
Suffolk is showing its resilience to the gathering economic storm clouds thanks in large part to the influence of Britain’s busiest container port, Felixstowe, which is boosting activity levels across the logistics and warehousing sector, according to Penn Commercial founder and managing director Vanessa Penn.
Penn Commercial, located in Ipswich, transacted the most space in Suffolk in 2022 and currently sits in second place in the 2023 On Demand Rankings for Suffolk, with 44,205 sq ft transacted across 14 deals.
According to Penn, logistics and non-food retail warehousing are performing strongly this year, although activity levels in high street retail and offices has slowed, while most speculative development has been put on hold until costs come down. She believes the key thing for agents in the current climate is to keep the short to medium term churn of deals going and not get bogged down in longer term projects where planning can be time consuming.
Jess Harrold is joined by news editor Pui-Guan Man and offices reporter Chanté Bohitige for the latest weekly round-up.
Bohitige shares important insights on diversity and inclusion from Crown Estate chief executive Dan Labbad, speaking at the Real Estate Balance annual conference, and Man rounds up the week's news, including LondonMetric's confidence in the urban logistics sector.
But, still in mourning over the end of the acclaimed TV series Succession, how will Man fare when she is put to the test on the real estate featured in the show (fear not, there are no plot spoilers for the finale)?
And what classic track will Bohitige add to the EGLSM Certified Bangers playlist? https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
, you've done it again! And Pui, it has to be you this week. Any chance we could record an EGLSM tomorrow afternoon to chat D&I, urban logistics and post-grieving the end of a certain TV show?
Time is fast running out for the UK to meet its target to reach net zero by 2050 and nowhere is this more apparent than in the public sector.
Local authorities across the UK own millions of sq ft of assets that need to be brought up to standard.
Never before has it been more vital for public and private sectors to work together to create communities where people and business can thrive.
In this EG Property Podcast, recorded live as part of a breakfast briefing session at UKREiiF in Leeds in May, EG gathered key players from both the public and private sector to understand more about the scale of the challenge and the opportunities that true partnership could deliver.
Expert commentary comes from:
- Ramona Jones, deputy director, Office for Investment
- Shravan Joshi MBE, chairman planning & transportation, City of London Corporation
- Jackie Sadek, director, Urban Strategy
- Andrew Wallis, partner, Clyde & Co
- Jonathan Wilson, managing director, Citu
Jess Harrold is joined by Imogen Dodds, of Falcon Chambers, to discuss the Renters (Reform) Bill recently introduced to parliament – legislation intended to deliver the government's long-standing promise to abolish so-called "no-fault" section 21 evictions.
Dodds explains the political background to the Bill, offers a comprehensive outline of the proposals contained in the current draft and details the practical implications for landlords and tenants – including increased security of tenure for the latter and new grounds for seeking possession that will become available to the former.
In addition, Dodds appraises how well the Bill as drafted addresses the issues facing the residential sector and balances the competing interests of landlords and tenants, and offers thoughts on how smooth its passage through parliament may be.
A place of “ambition and progressive thinking,” is how Sheona Southern, managing director of Marketing Manchester, describes her city. She points to “trailblazers and change makers” including Alan Turing, L.S. Lowry and Emmeline Pankhurst. Now she’s thinking about how the city – which her agency promotes nationally and internationally – can position itself for its next phase of growth.
In this podcast recorded at the UKREiiF conference in Leeds, Southern tells EG deputy editor Tim Burke about the factors and influences shaping Manchester’s pitch to investors – and the role that the real estate industry has to play in that.
The concept of 15-minute cities has gained traction in places as diverse as Paris, Barcelona, Copenhagen and Melbourne. Advocates say this approach can create long-term economic growth for urban centres but critics fear it would widen inequalities in communities.
So what could this concept mean for the UK in terms of fairness, equality and levelling up? How can the UK embrace repurposing and retrofitting yet retain the historic and uniqueness of places?
Listen in to this panel discussion, hosted in partnership with Landsec and recorded live at UKREiiF in Leeds, to hear what more can be done to increase collaboration between the public and private sectors to connect spaces to people, and establish healthier and happier places to live.
Expert commentary comes from:
- Jennifer Daothong, acting chief executive, Lewisham Council
- Mike Hood, chief executive, U+I, a Landsec company
- Andreas Markides, vice-chair, the Academy of Urbanism
- Michelle Sacks, deputy chief executive (growth), South and East Lincolnshire Councils Partnership
What once might have been a nice-to-have in terms of a real estate project’s environmental impact will soon be a must-have. From November, any commercial development will be subject to a planning condition requiring developers to show how they can increase biodiversity onsite by at least 10%. It marks the first time such a requirement will be statutory rather than voluntary.
At UKREiiF, EG deputy editor Tim Burke sat down with Alexa Culver, general counsel at Environment Bank, and Ben Stansfield, partner at Gowling WLG, to discuss the new biodiversity net gain regulation, the challenges developers will face in factoring the new requirements into their planning proposals, and how an initiative from Environment Bank could give developers – and landowners – a new opportunity.
As Birmingham’s leaders map out a path for transforming the city, one project looks set to set the tone in terms of scale and ambition.
The 42-acre, £1.9bn Smithfield project will eventually have 3,000 homes, 1.7m sq ft of commercial space and 40,000 sq ft of space for commercial use. Some 1,000 trees will green the city centre site, a new home for historic markets will be built and a new plaza, Festival Square, will be able to hold 8,000 people.
In this podcast recorded at UKREiiF, EG deputy editor Tim Burke ios joined by Deborah Cadman, chief executive of Birmingham City Council, and Neil Martin, chief executive for Europe at Lendlease, to discuss the ways in which they want the project to become an impossible-to-ignore illustration of public and private partnership in action in Birmingham.
Lendlease’s Silvertown Partnership, a joint venture with Starwood Capital, has lodged plans for a sprawling £3.5bn scheme at Silvertown in London's Royal Docks that will include some 6,000 homes as well a redevelopment of the Millennium Mills into a new community centrepiece with more than 780,000 sq ft of work and creative space.
In this podcast, recorded at the UKREiiF conference, EG deputy editor Tim Burke is joined by Bek Seeley, managing director for development at Lendlease Europe, and Dan Bridge, Royal Docks programme director at the Greater London Authority, to discuss the scheme.
“Silvertown is, in our world, the opportunity to bring forwards the east of London, here and now,” Seeley says. “It's not often when you're doing a really large-scale regeneration project that you are gifted such history and such evolution."
Jess Harrold is joined by Chanté Bohitige and Akanksha Soni for the latest weekly round-up.
Bohitige tackles the news that office refurbishments in London are at an all-time high - but what does the demand for prime, modern, environmentally friendly offices mean for values of secondary and tertiary space?
Soni rounds up bumper activity in the PBSA and BTR arenas, and shares her experiences at UKREiiF in Leeds.
But who will triumph as the quiz of the week returns? And what track will DJ Chanté add for your bank holiday listening pleasure to the EGLSM Certified Bangers playlist?: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
In this week's Bricks & Mortar, EG's Sarah Jackman starts a new career development trilogy, with ex-finance lawyer and former managing partner of Brecher, Nicky Richmond.
First up is networking: what it means, how to do it effectively - both in person and online - and how to approach it if you're an introvert.
Richmond draws on her own experience of networking, explains why advance preparation can be helpful and provides her top tips for getting started.
She also explains what her networking acronym "APURR" means and why it's key in maintaining a strong network.
EG's senior writer and former housing minister Mark Prisk are back for another episode of the property and politics podcast.
What will be the impact of this month's local elections on development? Is Labour a dead-cert to form the next government, or is some form of coalition more likely? And what policies can we expect either way?
And, vitally, is this government running out of time to pass crucial legislation before the nation goes to the polls once more?
Jess Harrold is joined by deputy editor Tim Burke and offices reporter Chanté Bohitige for the latest weekly round-up.
Burke surveys the deals market and finds little optimism out there for the rest of 2023 - but, between him and Bohitige, they find some players who do have plans to shout about, including flex office provider Clockwise and developer Art-Invest.
Plus, Burke has details on this year's EG Awards - find out more and enter at: https://www.eg.co.uk/eg-events/eg-awards-2023/
And be sure out the ever-evolving EG Like Sunday Morning: Certified Bangers playlist at: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
This week’s episode of Bricks & Mortar sees EG’s Sarah Jackman discuss job sharing with Shoosmiths partners Lisa Tye and Kathryn Jump, who, together, run the firm’s planning department. The pair attribute their success to their job share, which has been running for 15 years and has seen them move job as a pair three times.
They discuss the motivation behind their job share, how it has evolved over the years and why, despite the post-pandemic move towards flexible working, job sharing remains underutilised.
They walk listeners through the benefits, dispel the perceived negatives and suggest how anyone interested in pursuing job sharing might go about approaching it.
Jess Harrold is joined by news editor Pui-Guan Man and offices reporter Chanté Bohitige for the latest weekly round-up.
Bohitige offers an update on plans for a £5bn revamp of London's Fleet Street, set to take shape over the next five years.
Man tackles Hammerson's sale of its 50% stake in a major redevelopment site in Croydon, south London, to its joint venture partner Unibail-Rodamco-Westfield, after more than a decade in which the scheme never got off the ground.
And, for your bank holiday listening pleasure, Bohitige adds a chilled-out track to the EG Like Sunday Morning: Certified Bangers playlist at https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
Jess Harrold is joined by senior writer Julia Cahill and residential reporter Akanksha Soni for the latest weekly round-up.
Soni shares insights from her EG Interview with Socius Development, including their approach to mixed use, views on the future of the office, and integrating life sciences into schemes. She also offers an update on land values across various sectors.
Cahill addresses Landsec's plans for its £20m Landsec Futures fund, including internships, student bursaries and data collection aimed at improving socio-economic diversity.
Plus, the joy of the "walking office" - and be sure to share your views in EG's fifth annual LGBTQ+ Attitudes and Actions in Real Estate Survey at: https://www.surveymonkey.co.uk/r/EGLGBTQ23
EG's Sarah Jackman is joined on this latest episode of Bricks & Mortar by Fiona Lomas-Holt, associate director in sustainability at planning consultant Turley for a look at the firm's employee ownership model and the benefits it brings to the business, not just from a financial and corporate governance perspective but in terms of securing and retaining talent and creating an inclusive workplace.
Long Harbour has set out plans to build a 5,000-home rental single-family housing platform in the next five years, with a total GDV of more than £1.5bn.
Speaking exclusively to EG's residential reporter Akanksha Soni, Jack Spearman, head of Long Harbour’s single-family housing platform, says the developer has plans to acquire and build more than 1,000 homes a year for its portfolio, which will be operated by its property management brand Way of Life.
Sowgol Zarinchang, managing director of Way of Life, also tells EG how she plans to operate the new platform - and the lessons learnt from multifamily.
Jess Harrold is joined by deputy editor Tim Burke and offices reporter Chanté Bohitige for the latest weekly round-up.
Bohitige tackles an all-time high for London office move deals, and how a trend for downsizing has played its part in that.
Burke shares what ex-Schroders boss and Sellar chair Duncan Owen has to say about dark green leases in this week's EG Interview, and shares Sam McClary's insights into the gender pay gap - and what real estate can learn on that front from Lego.
But best of all, the two devoted hip-hop heads add the first tracks to the EG Like Sunday Morning: Certified Bangers Spotify playlist, here to enliven your Sunday afternoons - with more songs to follow each time they appear on EGLSM. Get in on the ground floor at: https://open.spotify.com/playlist/0pBand693O5IhhaScVM6uZ
Forget thinking about a “green premium” for your top-tier ESG-focused office, says ex-Schroders boss Duncan Owen – the difference between the best and the rest is now a “chasm”.
As he took the chair at Sellar, Owen sat down with EG deputy editor Tim Burke at MIPIM for a 40-minute conversation talk about dark green developments, office repricing and the value of making mistakes.
In this latest In on the Act, Sarah Jackman is joined by Daniel Black and Fern Schofield, barristers at Falcon Chambers, to discuss the Minimum Energy Efficiency Standard Regulations and the changes that took effect on 1 April.
They cover the scope of the changes, exemptions, and penalties for non-compliance. They also look ahead to the evolution of the rules, as well as highlighting both legal and commercial issues that landlords and tenants ought to consider.
In the wake of the announced review of the Landlord and Tenant Act 1954 by the Law Commission, Jess Harrold is joined by the leadership of the Property Litigation Association to discuss the findings of the PLA's own survey of its 1,600 members on how the legislation could be improved.
Dellah Gilbert, PLA chair and partner at Maples Teesdale, Mark Reading, PLA vice chair and partner at Mishcon de Reya, and Paul Tonkin, chair of the PLA’s law reform committee and partner at Hogan Lovells International, address the broad findings of the survey that the 1954 Act remains broadly fit for purpose and strikes a fair balance for landlords and tenants, and dig into the changes their members would like to see to streamline the process.
In addition, they consider more controversial issues, including the role the courts should play in the commercial lease renewal process, and whether the "intention to develop" ground for opposing renewal should be extended to allow ESG works to be carried out.
In this episode of the EG Property Podcast, EG news editor Pui-Guan Man presents the second of three EG Interviews, recorded live at EG’s pavilion out at MIPIM this March.
This EG Interview is with PfP Capital’s new chief executive Catherine Webster.
In this 30-minute listen, hear how Webster has turned 30 years of ashamedly turning a profit for a business into something so much more worthwhile – turning a profit to deliver social value.
It is a must listen for anyone in the business of housing and fund management who wants to find a way to become unashamedly capitalist, but for good reasons.
You can also read this interview in the 8 April issue of EG Magazine or online at www.egi.co.uk/news
This week’s episode of Bricks & Mortar brings together two lawyers from Withers Worldwide: construction lawyer Pauline Page and commercial real estate lawyer Ruby Dalal, for a discussion on their careers, the things that have helped them to progress and the joy of working in real estate.
They highlight key attributes such as technical knowledge, commercial understanding and people skills and reflect on the importance of resiliance, networking, finding allies and keeping focused.
Conversation also turns to how the industry has adapted to the environmental agenda and growth of technology, and how these growing areas have impacted the way that real estate lawyers work.
As ever, there is plenty of advice for anyone looking to get inspired and develop a career in the industry.
This episode of the EG Property Podcast features a keynote speech, delivered live at the EG Pavilion at MIPIM 2023.
The speech is delivered by investment minister Lord Dominic Johnson, who outlines his position as the UK's concierge for investors, the focus government has on increasing the rate of return for investors in the UK, and why he believes that the country offers some of the best opportunities in the world.
It is a lively speech that also serves up an unprompted advert for the very wonderful EG magazine.
Enjoy.
In this EG Property Podcast, recorded live from EG’s Pavilion at MIPIM 2023, EG deputy editor Tim Burke is in conversation with George Armitage, managing director for global real estate at Oxford Economics. Recorded on the morning of the UK’s budget announcement the pair discuss the good, the bad and the ugly of the economic environment.
Listen in as Armitage shares his expert knowledge of the UK economy and its impact on the commercial real estate markets, key trends and challenges facing the sector and reasons we should all save a little bit of optimism for the remainder of the year.
Piers Wehner plays host again this week, as Jess Harrold swaps seats to tell us all about the long-awaited consultation on the Landlord & Tenant Act.
Nearly 70 years old and in need of a refresh. The legislation, that is, not Jess.
Meanwhile, editor Sam McClary joins to discuss the impact of April 1st's EPC changes, plus the government's underwhelming Green Day cover.
This conversation, recorded live at MIPIM 2023 to celebrate the launch of EG's latest UK Cities Investor Guide - produced in partnership with Avison Young and Shoosmiths - explores the opportunities and challenges that will affect our cities’ growth and what more cities need to do to attract innovation and investment.
EG editor Samantha McClary is joined by a panel of experts to find out more about how public and private partnerships play a key role in delivering transformation and regeneration projects across the UK.
Listen in to hear key insights from:
- Jo Davis, principal and UK executive chair, Avison Young
- Patrick Duffy, partner, Shoosmiths
- Jules Pipe, deputy mayor for planning, regeneration and skills, Greater London Authority
- Michelle Percy, director of place - Newcastle City Council, Invest Newcastle
- Pat Ritchie CBE, chair, Government Property Agency
One of the most important issues facing real estate, and one that EG takes very seriously, is how to make the industry truly inclusive, and how to design the built environment to enable diversity and inclusion from the outset.
This 45-minute discussion, chaired by EG editor Samantha McClary and recorded live at MIPIM 2023, takes a look at that very issue.
Listen in to hear an expert panel discuss everything from the role of a leader in ensuring a diverse workforce, the importance of a next generation speaking up and how the real estate sector can – or should – lead in terms of the inclusive places it creates.
Key insights come from:
- Barbara Cominelli, chief executive Italy, JLL;
- Melanie Leech, chief executive, British Property Federation;
- Roland Karthaus, programme Lead, Design Council
- Paul Modu, NextGen Committee, Real Estate Balance
- Dr Valerie Vaughan-Dick, chief executive, RIBA
A must listen for any leader.
In this EG Property Podcast, recorded live at MIPIM 2023 in Cannes, EG’s deputy editor Tim Burke delves in to a debate about whether governance is key in enabling the real estate sector to solve the environmental and social challenges it faces, or whether leadership plays and essential role.
Listen in to find out more about how companies are ensuring their supply chains and occupiers are driving change, and what future challenges should the industry be mindful of.
Big questions are answered by:
- Daniel Chang, managing director, ESG, Hines
- Jess Kennedy, associate director, climate and sustainability, Arup
- Petri Valkama, partner, NREP
In this episode of the EG Property Podcast EG editor Samantha McClary presents the first of three EG Interviews, recorded live at EG’s Pavilion out at MIPIM 2023.
This EG Interview is with managing director of levelling up at the office for investment, Tim Newns.
Newns is no stranger to investment. Prior to his appointment at the office for investment, he was chief executive of MIDAS and with his team successfully brought billions of pounds of capital to the city region.
Now he has to repeat that success on a national scale.
Listen in as the pair talk about how the work he is doing to secure genuine transformational investment for the rest of the country and how through Newn’s collaborative role he hopes help governmental departments work more closely together and really level up the UK.
You can also read this interview in the 1 April issue of EG Magazine or online at www.egi.co.uk/news
Levelling up the UK has long been on the government’s agenda, and London is often seen as the city that doesn’t need any help with its economic recovery.
However, there are great areas of deprivation that still remain in London, and as EG editor Samantha McClary finds out in this important discussion.
Recorded live at MIPIM 2023, she sits down with Elizabeth Campbell, executive member of London Councils, and Jack Pringle, RIBA Chair of Trustees, to understand what investment is still needed in the capital city.
Listen in to find out what is needed to drive growth in London and what pillars of resilience already exist that should help London dominate the market with the opportunities it can offer not just to its communities, but to the enable growth across the rest of the UK.
The United Nations has declared that cities are where the climate battle will largely be won or lost, and although they are places of great innovation, real estate has a long way to go in creating environmentally better and more resilient spaces for business, society, and the natural world.
Listen in to this important conversation, recorded in partnership with DWF, live at EG's Pavilion at MIPIM 2023, where host, DWF partner Melanie Williams, investigates how businesses are embing environmental resilience into the business model. She is joined by a panel of expert to discuss how important quality architecture and planning are in improving the quality of life for everyone, and how global education needs improving if the sector is to achieve it goals.
The recording also features a special presentation from Christine Auclair, coordinator of the World Urban Campaign, UN Habitat, who speaks on the work they’re doing to help businesses accelerate their development.
Listen in for fresh insights from:
- Christine Auclair, coordinator, World Urban Campaign
- Sue Bridge, president, Royal Town Planning Institute
- Susan Greenfield, world president, FIABCI International Real Estate Federation
- Julian Josephs, world president 2007-2008 (UK chapter), FIABCI
Real estate knows that new technology is key to driving the sector forward, and the sector has seen significant investment in recent years.
In this podcast, recorded live at MIPIM 2023, EG editor Samantha McClary speaks to an expert panel about how we retain that investment and continue to attract the right skills and talent that will ensure the industry’s development.
Listen in to hear the panel share their insights on how real estate can do more to understand the innovations and solutions that already exist to help reach their sustainability goals and how we can keep up the pace of development to tackle the challenges we face.
Key insights come from:
- Vincent Bryant, chief executive and co-founder, Deepki
- Tzvete Doncheva, investor relations lead, PropTech 1
- Louisa Dickins, co-founder, LMRE
In this episode of the EG Property Podcast, recorded live at MIPIM in Cannes, EG’s news editor Pui-Guan Man chairs a discussion about one of real estate’s most exciting sectors – life sciences.
Listen in to find out more about the UK’s ambitions to become the next global science and technology superpower, how real estate can better harness that opportunity and support growth, what infrastructure is needed to support the life sciences market and how the sector can meet the demand for future life sciences occupiers.
Unmissable insight comes from:
- Olivia Drew, director & portfolio manager, UK Life Sciences, UBS
- Tom Mellows, head of Savills Science, UK, Savills
- Professor Jane Robinson, pro-vice-chancellor, engagement and place, Newcastle University
- Paul Singh, Founder, EEDN and policy lead for small and medium size enterprises, City of London Corporation
City pitches: Government Property Agency, Manchester, Scottish Cities
For UK cities to be engines of growth, opportunity, and prosperity there can be no more business as usual. That’s why at the MIPIM conference in Cannes last week, EG gave some of the UK’s core cities a platform to showcase why their city is the place to invest, and what the built environment is doing to help transform those cities.
In this live recording that took place in the EG Pavilion, EG’s news editor Pui-Guan Man spoke to leaders from the Government Property Association, the National Office Agency, and Shoosmiths, who outline their vision for their city or region’s future and the ways in which they see public and private sectors coming together to shape that.
We hear from:
- Steven Boyd, chief executive, Government Property Agency
- Michael Hawkins, director - head of national office agency and development UK regions, Colliers
- Barry McKeown, partner & head of Glasgow office, Shoosmiths
For UK cities to be engines of growth, opportunity, and prosperity there can be no more business as usual. That’s why at the MIPIM conference in Cannes last week, EG gave some of the UK’s core cities a platform to showcase why their city is the place to invest, and what the built environment is doing to help transform those cities.
In this live recording that took place in the EG Pavilion, EG editor Samantha McClary spoke to leaders from London, Manchester and the West Midlands, who outline their vision for their city or region’s future and the ways in which they see public and private sectors coming together to shape that.
We hear from:
Eamonn Boylan, chief executive, GMCA
Roger Clarke, chief executive, IPSX
Richard Lawrence, director of regeneration, City of Wolverhampton Council
Instant Group and Urban Land Institute exclusively launched their new research into the evolving needs of occupiers at the EG Pavilion at MIPIM this year.
Listen in to this session, recorded live in Cannes, where vice president of research & advisory services at the Urban Land Institute, Simon Chinn, and James Rankin, head of research and insights at The Instant Group, delve in to key findings from the report.
Craig Hughes, chief executive officer of partnerships at The Instant Group, steps up later in the session chair a panel discussion on the changing requirements for our workplaces and answers the question on everyone's lips: Is the office really dead?
Find out the answer from expert panellists:
- Nathalie Charles, deputy chief executive and global head of investment
- management, BNP Paribas Real Estate
- Charlie Foster, managing director, European real estate, RBC
- Boudewijn Ruitenbure, COO, EDGE Technologies
- Lisette van Doorn, chief executive, Europe, Urban Land Institute
EG editor Samantha McClary talks to Homes England about its ambitious vision for transforming UK towns and cities, alongside its partners, in this conversation that took place on Tuesday 14 March at MIPIM, Cannes.
The discussion explores the power of public and private sector collaboration in achieving long-term results for communities and showcases some successful examples of collaboration across the country.
Panel:
- Eamonn Boylan, chief executive, GMCA
- Abi Brown, councillor, Stoke on Trent City Council
- Peter Denton, chief executive, Homes England
- Caroline Simpson, chief executive, Stockport Council
Listen here to find out how the public and private sectors can come together to create extraordinary places.
The newly-announced Celtic Freeport which aims to turn South Wales into a colossus of renewable energy is offering grounds for genuine optimism for the South Wales commercial real estate market, according to Jenkins Best director Henry Best, who believes its potential for spin-offs is enormous.
Jenkins Best is the highest place regional agent in the Radius On Demand Rankings for South Wales in 2023, with 42,657 sq ft transacted across 11 deals. It finished 2022 with 551,182 sq ft completed across 106 deals.
The Celtic Freeport is a joint scheme that would be based at Port Talbot and Milford Haven and Best says enquiries are already coming in for sites in the zone despite the scheme only being given the go-ahead last week. He also says the broader industrial market in the region is ticking along nicely, with particular demand from owner-occupiers.
Jess Harrold is joined by Tim Burke, Akanksha Soni, Chanté Bohitige and Evelina Grecenko for a MIPIM debrief special of the weekly roundup podcast.
Toghether, they share their biggest stories and best memories of their few days in Cannes, and sum up the market sentiment as the annual convention played out against the backdrop of a developing banking crisis.
In addition, they catch us up on the major headlines they returned to - but whose life was changed on a "cellular level" by a Snickers dessert, and who was the ultimate hip-hop DJ? Hint: Tim Burke is the answer to one of these, but not the one you think.
What are cities doing right when it comes to climate change, and how are they bolstering their economies through innovative new approaches to development?
This live discussion, hosted by EG deputy editor Tim Burke on Tuesday 14 March at MIPIM, explores where cities in the UK can look to internationally for inspiration and best practice.
The panel, which includes Cristina Gamboa, chief executive of the World Green Building Council, Joanne Roney, chief executive of Manchester City Council, and Ricardo Valente, city councillor of Porto Vivo (the city’s urban regeneration agency), discuss how international cities are reinventing themselves to attract the right talent in order to create social value and build community engagement.
The real estate industry is one of the largest and most profitable sectors in the world. But despite this, the industry has a glaring problem that has persisted for decades- a lack of diverse representation.
This 25-minute conversation, recorded live at MIPIM 2023 in Cannes, sees managing director of Real Estate Balance Sue Brown find out more from Pathways to Property chair and head of operational capital markets at Colliers Paddy Allen about the progress the real estate industry has made on ED&I.
Listen in to find out where the industry is on issues including the gender pay gap, attracting and retaining diverse talent, and how businesses can influence suppliers and clients on the value of D&I.
A must listen if you care about how we can speed up the journey of transforming the industry as one that is inclusive to all.
For UK cities to be engines of growth, opportunity, and prosperity, there can be no more business as usual. That is why at the MIPIM conference in Cannes last week, EG gave some of the UK’s core cities a platform to showcase why their city is the place to invest and what the built environment is doing to help transform them.
In this live recording that took place in the EG Pavilion, deputy editor Tim Burke spoke to leaders from Cardiff, Derby, Central South, West Midlands and Newcastle, who outlined their vision for their city or region’s future and the ways in which they see public and private sectors coming together to shape that.
Hear from:
- Huw Thomas, leader, Cardiff Council
- Paul Simpson, chief executive, Derby City Council
- Gavin Hall, lead of office and head of department, central south planning, Savills
- Andy Street, mayor, West Midlands
- Pam Smith, chief executive, Newcastle City Council
Listen to the pitches, recorded live at MIPIM on Tuesday 14 March, to learn more.
In the latest episode of the politics and property podcast, EG's senior writer Piers Wehner and former Conservative minister Mark Prisk take a look at the contents of the Spring Budget.
They have digested 61 minutes of the chancellor's speech, 122 pages of the Red Book and reams of supporting documents so that you don't have to.
They also have a look at what the politicians get up to in Cannes, why this might finally be the last gasp for Prisk's baby, the Local Enterprise Partnerships, and how he may have provided the inspiration for The Thick of It.
This latest episode of Bricks & Mortar sees EG’s Sarah Jackman catch up with Davies Jiva, a consultant at property regeneration firm AspinallVerdi.
The pair discuss his early experiences of the real estate sector in Malawi, his studies – which eventually brought him to the UK – and how he’s finding the APC pathway.
He highlights the benefits that come with RICS qualification, not least its international recognition. And as ever on Bricks & Mortar, there are words of encouragement for those looking to explore a career in the sector: “Nothing is impossible as long as you remain resilient… and focused with your aspirations”.
ESG was one of the hottest topics at this year’s MIPIM conference in Cannes and one of the most sought-after certifications in that space is the B Corp status.
A B Corp badge is widely viewed as one of the key benchmarks for ESG performance, but how much value can it really add to a real estate business?
At the EG Pavilion at the Palais des Festivals, EG news editor Pui-Guan Man had the opportunity to sit down with Craig Cullimore, chair of ADP Architecture, and Claire Mantle, executive director and education lead at ADP Architecture, to talk about the process of applying for the certification, how it ensures its values are upheld, the importance of bring joy to a space and how one might go about measuri,ng that.
Listen in to this 30-minute discussion, recorded live at MIPIM on Tuesday 14 March, to find out more.
On the 100th edition of the weekly round-up podcast, Jess Harrold is joined by senior writer Julia Cahill and reporter Chanté Bohitige.
To mark International Women's Day on 8 March, Cahill discusses an extensive feature in which 14 prominent female leaders in real estate write letters to young women interested in careers in property, and the valuable lessons on offer.
Bohitige shares insights from her fascinating EG Interview with Zac Goodman, founder of real estate investor and manager TSP - and updates us on her pre-MIPIM preparations, plus what she's looking forward to from her first MIPIM experience.
Plus, Cahill has major news from Liverpool, and urban planning innovations from the Netherlands. But who will triumph in the quiz of the week on the rest of the latest headlines?
Today’s episode of Bricks & Mortar features Vikki Aitkenhead, director and head of environmental consultancy at Hollis, in a special International Women’s Day edition.
Vikki started her career in real estate over 20 years ago and brings her wealth of experience to topics including career progression as a woman, balancing the demands of professional life with motherhood, and why mentoring and role models can be hugely beneficial in supporting women in their careers.
The pair reflect on the recent resignations of Jacinda Ardern and Nicola Sturgeon and what can be done across all sectors to assist women in leadership roles.
In this episode of the EG Property Podcast EG editor Samantha McClary sits down with four of 14 female leaders in the built environment who have put pen to paper in this week's EG Magazine, writing a letter to the next generation of women who should look to real estate to build a career.
Over the course of this 30-minute conversation we hear insights from Anji Hobson, director of Seam Consultancy, Emma Goodford, partner and head of life sciences at Knight Frank, Dellah Gilbert, partner and head of property litigation at Maples Teesdale, and Charlotte Glazier, an EG Future Leader and programme manager for greening the public realm at Islington Council, about their experiences as women in the sector and the advice they put forward in their letters.
The conversation paints a picture of real estate that any individual should be clamouring to enter. A sector which allows you to build a career that helps solve big problems, that enables you to shape places, to give back and, importantly, to make a difference.
Listen in to hear how we should be talking differently about real estate if we really want to open it up to a wider selection of talent and be sure to pick up your copy of EG Magazine this weekend to read all 14 letters in full.You can head to www.egi.co.uk/news now to read them too.
In the latest episode of EG's political podcast, senior writer Piers Wehner and former housing minister Mark Prisk head to Westminster to meet Labour MP Clive Betts.
Betts has been chair of the House of Commons' Levelling Up select committee for 12 years, investigating and assessing the work of the government department in its numerous guises.
In that time he has challenged policy, honed legislation and grilled innumerable ministers - including Prisk!
But can the select committee ever really hope to influence legislation? And what will it investigate next?
In the latest episode of In on the Act, EG’s Sarah Jackman catches up with Michael Ranson, barrister at Falcon Chambers, to discuss the Charities Act 2022. Due to come into force in three stages, the Act contains changes relating to the disposal of charity land, which are due to be implemented this spring.
Ranson highlights the background to the changes, how they apply to property as well as detailing what’s contained in each of the relevant sections.
Piers Wehner is joined this week by deputy editor Tim Burke and residential reporter Akanksha Soni to review the week's real estate headlines.
Burke looks at the eye-watering $1.7bn fall in capital markets revenue among the big agents, while Soni takes us once again into the world of BTR, were everything still seems to be going swimmingly.
But, with the quiz of the week containing a special St Piran's round on Cornwall, which jammy dodger will be the cat that gets the cream - Soni, or native Cornishman Burke?
The gap between the best and the rest in the UK’s office market continues to widen as demand for prime and super-prime space in the major cities significantly outweighs supply.Cushman & Wakefield’s latest report into take-up and delivery in key cities around the country showed the market bolstered during the final months of 2022 but still facing challenges as companies weigh new workplace strategies.In this 30-minute roundtable podcast, EG’s London and offices reporter, Chanté Bohitige, speaks with partners from across Cushman & Wakefield’s office business to delve into the trends now shaping activity in London, Birmingham, Bristol, Edinburgh, Manchester and elsewhere. Tune in to hear EG’s guests discuss increasing divergence in the quality of space, shifting occupier attitudes, rising rents for Grade-A stock, and how to create opportunity out of obsolescence.Sharing their insights are Cushman & Wakefield’s:• Mark Denford, international partner and head of tenant advisory• Steve Lane, head of office agency, Bristol • Scott Rutherford, partner, Birmingham and the Midlands• James Thompson, partner, Edinburgh• Andy Tyler, head of London office leasing• Rob Yates, partner, Northwest
For more on office leasing and investment, head to https://www.egi.co.uk/news/
In this episode of the EG Property Podcast, EG editor Samantha McClary assembles a cast of experts from across the real estate sector to explore why some of the transparency and simplicity of the auctions method hasn't been adopted in the private treaty world. In this big EG listen, we look at how the auctions market continues to push forward regardless of economic conditions and why, while not totally immune to the chill winds of recession, the ballroom (virtual or real) continues to be busy.
We ask whether the unique nature of what’s on offer and the openness of a catalogue offers a purity of transaction that the private treaty world cannot (or perhaps, will not) deliver? And whether in times of fluctuating values and nervousness about the economy, this attracting more and more buyer and seller types to the ballroom.
Listen in for insights from:
- John Maddison, head of asset management, Quadrant Estates
- Vijay Parikh, managing partner, Harold Benjamin
- Jo Seth-Smith, investment manager, OLIM Property
- George Walker, partner and auctioneer, Allsop
In this EG Property Podcast, deputy editor Tim Burke gathers a group of experts to discuss the state of real estate auctions after a tough 2022 for the UK economy and investment markets, comparing their fortunes with those of the private treaty market.
What level of activity did auction professionals and financiers witness over the course of the past year, and what does the pipeline look like now? How have the funding markets changed? And as some auctioneers prepare to return to the ballroom, what’s next for the new, hybrid nature of the business?
Coming together to discuss these issues and more are:
- Scott Hendry, auction finance director, Together Money
- Max Mason, head of sales, 574
- Emily Wood, director, capital markets, Lambert Smith Hampton
Jess Harrold is joined by deputy editor Tim Burke, news editor Pui-Guan Man and residential reporter Akanksha Soni to review the week's real estate headlines.
Soni discusses a pair of big money BTR schemes, Burke recounts his visit to a major development site as the long-awaited £8bn Earls Court masterplan is unveiled, and Man tackles Aldi's expansion plans - plus more of the week's news.
Jess Harrold is joined by Roger Cohen, senior counsel at Bryan Cave Leighton Paisner LLP, to discuss the latest decision in Ludgate House Ltd v Ricketts (valuation officer) and London Borough of Southwark – a dispute over the impact of the use of property guardians on empty rates.
Having failed to convince the Court of Appeal in 2020 that the occupation of its premises by property guardians meant it was not liable for non-domestic rates, Ludgate House Ltd turned its attention to how the rates should be calculated.
Now, Cohen explains the Upper Tribunal's reasoning on that matter, and what it means for the rating of premises with property guardians.
In addition, he surveys the field of potential rates mitigation measures for empty properties in the wake of the decisions in Ludgate House.
On this week's episode of Bricks & Mortar, EG's Sarah Jackman speaks to Kate Taylor, lead trainer in the RICS APC Faculty and managing director of APC Taylormade, about how to achieve the best results from the APC journey.
They discuss choosing a pathway, the mechanics of the process and how candidates can achieve - and document - the experience they need to demonstrate to qualify.
Taylor imparts some excellent practical advice, making this episode a must-listen for anyone embarking - or currently thinking of embarking - on the process.
In this EG Property Podcast, deputy editor Tim Burke discusses the real estate finance market and sentiment with three lenders as they look ahead following a tough 2022.
After months of political turmoil and challenges from soaring inflation and rising interest rates, what schemes and assets are drawing lenders’ attention? What does supportive government policy look like to firms, and what are some of the house views on how the rates environment plays out from here?
Joining the discussion from the EG studio are
- Gavin Eustace, founding partner, Silbury Finance
- Paul Oberschneider, chief executive, Hilltop Credit Partners
- Will Scoular, head of private client lending, Investec Real Estate
Jess Harrold is joined by residential reporter Akanksha Soni and senior writer Piers Wehner for the latest weekly round-up podcast.
Soni tackles Inland Homes' hunt for a BTR investment partner for three schemes with a total value north of £800m, and news of an innovative museum/PBSA hook-up.
Wehner covers the beleaguered state of Home REIT, and wider advice to REITs in general that calls for a history lesson on King Canute and his tidal legacy.
But who has a skate park tale of woe to share? And who will triumph in a hotly contested quiz of the week?
Jess Harrold is joined by barristers Simon Allison and Brooke Lyne, of Landmark Chambers, to discuss the Supreme Court decision in Williams and others v Aviva Investors Ground Rent GP Ltd and another [2023] UKSC 6; [2023] PLSCS 29.
Allison and Lyne, who represented the successful respondents, explain the court's decision in a highly important case on landlords' discretion to apportion service charges.
In addition, they outline the significant implications of what they describe as a rare case that should be beneficial for both landlords and tenants.
Jess Harrold is joined by legal and professional editor Sarah Jackman and senior writer Piers Wehner for the latest weekly round-up podcast.
Wehner tackles the fallout from the latest cabinet mini-reshuffle, with Michael Gove standing firm and yet another new housing minister passing through the office's revolving door.
Jackman celebrates National Apprenticeship Week with a summary of the opportunities available in real estate.
But who will triumph in the quiz of the week, this time with a "news and legal" twist?
In this episode of the EG Property Podcast, EG editor Samantha McClary is in conversation with new RICS president Ann Gray and recently installed chair of the board Martin Samworth.
Listen in to the 30 minute discussion to find out a little bit more about the who Ann Gray is, what makes her tick and what she hopes to bring to the RICS in her 12 month presidency.
Martin Samworth gives the inside track on what his role as chair of the board will mean for the future of the RICS, how passionate he is about bringing pride back to the institution and how he wants members to be the greatest advocates for the RICS.
This was recorded live in the belly of the RICS HQ at Parliament Square, which is not the most modern of buildings as those who have been there will know – but that’s on Samworth’s to do list too. So, if the audio is a little less perfect than you’ve come to expect from an EG Property Podcast that is why.
But if you want to understand more about how those leading the RICS plan to make it great again, listen in and enjoy.
Surrey’s thriving high-end manufacturing sector has given it a solid foundation on which a plethora of new independent shops and restaurants have been able to thrive, according to Curchod & Co partner Nick Reeve.
Curchod & Co sits at the top of Surrey’s Radius On-Demand Rankings for 2022, with 391,995 sq ft transacted across 104 deals.
Reeve says the county has seen the emergence of technology clusters such as Guildford’s gaming sector, suppliers of services to McLaren’s giant R&D plant in Woking and also the defence sector, which is benefiting from extra government spending.
These provide Surrey with well-paid jobs which, so far, have helped keep the county’s new shops and restaurants extremely busy.
Jess Harrold is joined by EG court reporter James Lumley, and partner James Souter and associate Sam Lear, both from Charles Russell Speechlys, for a detailed discussion of the Supreme Court's decision in Fearn and others v Board of Trustees of Tate Gallery [2023] UKSC 4; [2023] PLSCS 22.
Together, they address the court's landmark ruling in favour of the residents of Neo-Bankside that the visual intrusion from a viewing platform at the Tate Modern - from which tourists can stare straight into their flats - constitutes a nuisance.
Bearing in mind the extreme nature of the facts of the case, they address the implications of the decision and the potential development of the law of nuisance that may follow in its wake.
To mark National Apprenticeship Week, this latest episode of Bricks & Mortar is dedicated to real estate apprenticeships. To discuss the topic, EG’s Sarah Jackman is joined by Richard Adamson, partner, head of residential auctions and lead for Allsop’s firm-wide recruitment programme; alongside Ysabella Argentieri, an Allsop apprentice.
Adamson discusses how apprenticeships have worked at Allsop, the benefits they bring and how the firm expects to develop them in the future. To add practical context, Ysabella reflects on her journey onto the real estate apprenticeship, how she’s found the programme over its initial 18 months and how she balances work and study. She highlights the benefits of training via the apprenticeship route – as well as giving all-important advice for those considering an apprenticeship in the sector.
Jess Harrold is joined by deputy editor Tim Burke and court reporter James Lumley for the latest weekly round-up podcast.
Burke discusses the launch of the British Property Federation’s latest Property Leader Sentiment Survey, which has revealed that months of political turmoil have damaged the UK’s reputation globally and deterred investment from international real estate investors.
And Lumley sums up the Supreme Court's landmark ruling in favour of residents in their long-running nuisance claim against the Tate Modern art gallery over its viewing platform that gives tourists the opportunity to stare straight into their luxury flats.
In this latest episode EG's Piers Wehner and former housing minister Mark Prisk discuss two Michaels - or is it three? - and a couple of missions.
First up is the lasting impact of Michael Heseltine's approach to regeneration, which you can hear more about in this full-length interview.
Then its the turn of Michael Gove, both the latest allocation of levelling up funding and his rather Heseltinian speech in Manchester, in which he proclaimed levelling up to be a 'moral mission'.
And finally, it is the turn of Chris Skidmore's report on the path forward for the government's net zero strategy, Mission Zero.
With only a few weeks to go until his 90th birthday, Lord Heseltine talks to EG's Piers Wehner about regeneration, levelling up, Liverpool and leadership.
In a special, hour-long interview, the Godfather of Regeneration - or is that Grandaddy? - explains why enterprise zones aren't always the answer, why the LDDC shouldn't be used as a model, why the levelling up agenda is a busted flush and how Liverpool left him 'transformed'.
Jess Harrold is joined by a panel of leading barristers and solicitors to discuss the impact of mental health when it comes to the operation of our planning system.
Tracy Lovejoy, senior associate in the planning and environment department, and Joanne Fraser, partner in the Court of Protection department, both at Irwin Mitchell LLP, and Rachel Sullivan and Celina Colquhoun, barristers at 39 Essex Chambers, discuss the ways in which mental health can affect engagement with the planning system, the systems already in place to address these issues, and what improvements could be made to planning in order for it to be more inclusive for those affected.
Jess Harrold is joined by associate editor Julia Cahill and reporter Akanksha Soni for the latest weekly round-up.
Cahill addresses the dire warning in Landsec's Shaping Successful Future Cities report that our cities may well become "unliveable" within a decade, as well as the steps it recommends to avoid such a fate.
To add to the gloom, Soni outlines the "inflation triple whammy" that has hit housing schemes across the country. On the bright side, she does at least have news of some potential developments that may come to fruition, and which will hopefully make our futures a little more liveable.
But who will triumph in the quiz of the week?
EG’s Sarah Jackman catches up with Falcon Chambers barristers Daniel Black and Edward Blakeney to discuss the Leasehold Reform (Forfeiture) Bill.
The private members Bill, introduced in the House of Lords, is awaiting its second reading.
They discuss the rationale behind it, provisions contained within it, along with its possible effect should it be enacted.
Bricks & Mortar starts its 2023 schedule with an interview with ex-Brecher managing partner, Nicky Richmond. Following a legal career spanning several decades, Richmond stepped down in 2021 and is now training to become a professional coach and mentor.
EG’s Sarah Jackman speaks to her about her journey into the law, what she enjoyed about practising in the real estate sector, how she accelerated her career and why she felt it was time to move on.
Richmond has plenty advice for those starting out in the industry, including the need to be honest with yourself and the benefits of something else you’re known for, to make you stand out from the crowd.
Jess Harrold is joined by reporters Evelina Grecenko and Akanksha Soni to round up the week's news, with a special focus on their particular areas of expertise: life sciences and residential.
Grecenko addresses how demand continues to outstrip supply for lab space, the ways that demand is being met and some of the issues involved in office conversions.
Soni rounds up the drop-off in BTR figures from late 2022, and where things stand right now, including news of major inward investment into PBSA - plus, news of a major office deal in Cambridge.
But can these newshounds be separated in the quiz of the week?
Jess Harrold is joined by Matthew Bonye, partner and head of real estate dispute resolution, Shanna Davison, professional support & knowledge development lawyer and Martyn Jarvis, senior associate in the planning team, all at Herbert Smith Freehills, to discuss the firm's latest Forearmed report for 2023.
Together, they look at the 12 major issues for the year ahead that HSF has identified as posing potential risks for developers, investors, landlords and occupiers, and which may well lead to property disputes in the year ahead.
From "tenant activism" and the impact of the Building Safety Act 2022, to ESG and green leases, the importance of decarbonisation, demand for life sciences space and a potential rise in professional negligence cases - and even more - these are the major topics to be forewarned about in 2023.
For more detail, read the firm's full report at: https://www.herbertsmithfreehills.com/latest-thinking/real-estate-disputes-in-2023-%E2%80%94-what-you-need-to-know-to-be-forearmed
Jess Harrold is joined by editor Sam McClary and news editor Pui-Guan Man for the first podcast round-up of the year, beginning with a clarion call to the industry to keep decency at the top of the agenda in challenging times.
Together, they discuss the state of the sheds sector, with Amazon setting out plans to shut three warehouses in the UK, which could bring some 1.3m sq ft of space back to the market.
But who will be 2023's first champion in the quiz of the week?
Following the lifting of the moratorium on forfeiture for commercial rent arrears on 25 March 2022, commercial landlords once again have a range of options available to either recover outstanding debt or regain possession of their premises.
To discuss those options, Sarah Jackman is joined by Ian McEwan and Paula Green, property dispute partners at law firm RWK Goodman. They remind listeners of the restrictions imposed under the moratorium, reflect on the arbitration scheme and consider which remedy might be appropriate in a particular scenario.
Jess Harrold is joined by editor Sam McClary, deputy editor Tim Burke and news editor Pui-Guan Man for a special podcast review of 2022.
Together they discuss how the year started out brightly before storm clouds gathered as a result of the war in Ukraine, rising energy prices, inflation and the economic and political volatility that resulted.
What is the state of the property market and its various sectors as 2022 draws to an end? What are their expectations, and even hopes, for 2023? And, most importantly of all, who will triumph in the very special quickfire quiz of the year?
In this EG TechTalk episode of the EG Property Podcast EG editor Samantha McClary is in conversation with Tripty Arya, founder of Tratvus, an AI technology company focused on multi-family real estate and John Helm, partner at RET Ventures, which recently led a $4m funding round into the business.
In this 35-minute listen find out what it is like securing funding for a US business that is committed to being based in the UK, what that new funding from RET Ventures means for the growth of Travtus, insights into the US multifamily market, and why while investment is great (and necessary for growth) it is partnership that really adds value.
Listen in for all that and much, much more.
Enjoy.
In EG's final 2022 episode of In on the Act, Sarah Jackman speaks to Falcon Chambers' Oliver Radley-Gardner KC about the requirements contained in the Agriculture Act 2020.
They discuss the reasons why it was implemented, the timeframes for compliance and how landowners need to respond.
In this EG Cities Live podcast, recorded at a breakfast briefing in Leeds, guests from across the built environment discussed how the city region could forge a new vision for its future while respecting the heritage of its past.
Joining EG deputy editor Tim Burke on stage were
- Clare Bailey, director, commercial research, Savills
- Angela Barnicle, chief officer, asset management and regeneration, Leeds City Council
- Tori Critchley, development director, innovation, Leeds Teaching Hospitals NHS Trust
- Nasreen Karim, director, West & North Yorkshire Chamber of Commerce
- Matt Lonergan, partner, Shoosmiths
Welcome to the final episode of EG Property Podcast's Fundamentals of the Future series, recorded live at our Sustainable Outcomes: Make better ESG decisions event.
This episode, recorded as part of a panel discussion, seeks to understand how real estate can better embed the E and S of ESG into corporate governance.
We ask whether the real estate sector could ever have its own Yvon Chouinard and make earth its only shareholder, we uncover the importance of board maturity and we take look at what other sectors real estate could and should be learning from.
Listen in for insights from:
- Dr Seyed Ebrahimi, principal consultant, sustainability strategy, Alfa Energy Group
- Julie Hirigoyen, chief executive, UK Green Building Council
This episode was recorded outside of EG’s specialist podcast studio so the audio quality may not be as quite as excellent as you have come to expect. I can promise, however, that the quality of the most definitely is.
Sarah Jackman and Jess Harrold present their annual count down of the 10 biggest property law decisions of the year.
From planning to telecoms, from enfranchisement to proprietary estoppel, these are the judgments with the biggest implications - and, for the top five, some special guests lend their expertise to explain their importance.
But which case will secure the coveted number one slot?
Tough times lie in wait for the industry’s squeezed middle, according to straight-talking Compton co-founder Shaun Simons, who warns of a very difficult year ahead both for average agents and for owners of mid-range office stock.
Compton is a City Fringe office specialist and sits at the top of the area’s Radius On-Demand Rankings, with 818,000 sq ft transacted across 144 deals.
Simons believes there has been a polarisation of the office market whereby demand will remain strong for either best-in-class stock or for “cheap and nasty” space so long as it is priced accordingly. The problem area, he believes, will be all the “sludge” that falls between the two. He also believes many “average” agents who prospered prior to the pandemic are going to struggle as the market becomes increasingly competitive.
Welcome to the third episode of EG Property Podcast's Fundamentals of the Future series, recorded live at our Sustainable Outcomes: Make better ESG decisions event.
This episode, recorded as part of a panel discussion, dives into the S of ESG and questions whether measurement really matters, if a badge of some sort would drive more action and whether delivering social value is actually the core purpose of the built environment.
Listen in for insights from:
- Holly Brown, director, Colliers
- Helen Goulden, chief executive, Young Foundation
- Vivienne King, head of real estate social impact, The Good Economy
This episode was recorded outside of EG’s specialist podcast studio so the audio quality may not be as quite as excellent as you have come to expect. The quality of the content, however, most definitely is.
Welcome to the second episode of EG Property Podcast's Fundamentals of the Future series, recorded live at our Sustainable Outcomes: Make better ESG decisions event.
This episode, recorded as part of a panel discussion, takes a look at what needs to change for real estate to deliver on its net zero ambitions. Listen in to hear what the industry can expect from former energy minister Chris Skidmore’s soon-to-be released Net Zero Review, and how when it comes to regulatory sticks, the one that is really needed is based solidly around data sharing.Key insights come from:
- Bim Afolami - MP, Energy & Climate Change Intelligence Unit
- Jose Alvarez, head of buildings physics, Hollis
- John Davies, head of sustainability, Derwent London
- Alex Hill, managing director, ZTP
- Sarah Ratcliffe, chief executive, Better Buildings Partnership
This episode was recorded outside of EG’s specialist podcast studio so the audio quality may not be as high as you have come to expect, the quality of the content, however, most definitely is.
And a mild parental warning that this episode does contain too many references to balls.
In this Fundamentals of the Future episode of the EG Property Podcast, Better Buildings Partnership chief executive Sarah Ratcliffe delivers a rousing - if not mildly depressing - call to action for the real estate sector.
In this episode, the first of four recorded live at EG’s Sustainable Outcomes: Make better ESG decisions event, Ratcliffe takes a look at real estate’s journey through the lens of ESG, how far we have come and how much more is needed to be done.This episode was recorded outside of EG’s specialist podcast studio so the audio quality may not be as silky smooth as you have come to expect, the quality of the content is most definitely out of this world.
In this 50-minute episode of the EG Property Podcast, EG’s Julia Cahill finds out how digital transformation is shaping the life sciences industry in Oxford.
Joined by experts from across the region, she uncovers how the real estate sector is striving to keep pace with the advances accelerated by the digital transformation; how Oxford compares to other cities; what space being delivered in Oxford in the near and longer term; and tackles some of the challenges the life sciences space faces.
Listen in to hear insights from:
- Artem Korolev, chief executive and founder, Mission Street
- Charles Rowton-Lee, head of commercial agency, Savills Oxford
- Anna Strongman, chief executive, Oxford University Development
Jess Harrold is joined by Chanté Bohitige and Piers Wehner for the latest weekly round-up podcast.
Wehner tackles the latest government announcements on housing targets, wind farm developments and more - and Bohitige covers the competition between law firms for the very best office space, with some already planning moves years in advance.
Bohitige discusses doomed Chinese embassy plans, and Wehner addresses a BTR boom from John Lewis - but how closely have they followed the rest of the latest news? Find out, in the quiz of the week!
In the first weekly round-up of December, Jess Harrold is joined by deputy editor Tim Burke and offices reporter Chanté Bohitige to see whether they - and the market - have summoned up their Christmas spirit.
After preliminary discussions on advent calendars and the bane of a parent's existence that is "elf on the shelf", discussion turns to the increasing complexity of lease terms, with a couple of major deals in this week's headlines indicating that occupiers are looking to future-proof their requirements with in-built flexibility.
But can two experts in their field like Burke and Bohitige be separated in the quiz of the week?
"There are two things in the world you never want to let people see how you make 'em - laws and sausages" Leo McGarry, The West Wing.
The levelling up bill has stalled in its passage through parliament, as Conservative MPs put forward rival amendments that could sink the government's flagship policy.
Is this an unfolding crisis, or is this simply the way the sausage is made?
Join former housing minister and some-time government whip Mark Prisk and EG's senior writer Piers Wehner for a trip to the sausage factory.
Piers Wehner is joined by EG's editor Sam McClary and senior writer Julia Cahill for a look at the week's news.
Julia has been looking into the Places for Girls initiative, which wants to make communities safer by talking to the teenage girls who actually live there - which really shouldn't be as radical as it is.
And it's been another gloomy week, but have the Future Leaders worked their magic on Sam? And can she lift the industry, and herself, to glory in a fiendish solo quiz?
Jess Harrold is joined by Stuart Andrews, partner and head of planning at Eversheds Sutherland, to discuss the Supreme Court's decision in Hillside Parks Ltd v Snowdonia National Park Authority [2022] UKSC 30; [2022] PLSCS 177 – a case concerning the relationship between successive grants of planning permission for development on the same land.
Andrews outlines the facts of the case and how the Supreme Court decided it, before going on to address the significant implications for developers of multi-unit and multi-phase schemes.
In addition, he addresses the options available for developers looking to retain the ability to make changes to extensive schemes mid-delivery, in the wake of the Hillside decision.
In this episode of the EG Property Podcast, recorded live in Edinburgh as part of our Scottish Cities Live event, EG editor Samantha McClary chairs a conversation with five key experts from across the commercial real estate sector to discuss how investors, developers and the public sector can find value in an ever-changing environment.
Over the course of the 50-minute debate, you’ll hear about the sectors that are showcasing the best value, the unintended consequences of government policy and the importance of the real estate sector using its voice in a better, bigger and more passionate way.
Listen in for key insights from:
- Ed Crockett, director, operational capital markets, Savills
- Anne Johnstone, head of ESG, NorthTree
- Barry McKeown, partner & head of Glasgow office, Shoosmiths
- Claire Monaghan, partner, RSM
- Michael O'Brien, lead officer projects, South Ayrshire Council
To read more about EG Scottish Cities Live head to www.egi.co.uk/news or pick up your latest issue of EG magazine.
EG Scottish Cities Live was brought to you in partnership with Savills, Shoosmiths and RSM.
In this episode of the EG Property Podcast EG editor Samantha McClary takes a look at the requirements for developers to deliver on biodiversity net gain, how the development community is reacting to the demand of the Environment Act 2021 and what challenges developers may face in delivering meaningful habits across projects.
Listen in for invaluable advice and tips from an expert panel, comprising:
- Julia Baker, head of nature services, Mott MacDonald
- Alexis Perry, commercial director, Environment Bank
- Nina Pindham, barrister, No5 Barrister's Chambers
- Emma Toovey, ecology director, Environment Bank
Make sure to pick up your 26 November issue of EG Magazine for a full write up of the discussion.
This podcast was brought to you in partnership with Environment Bank.
In November's edition of In on the Act, Joe Ollech and Toby Boncey, barristers at Falcon Chambers, discuss Part 8 of the Levelling-up and Regeneration Bill. The Bill, currently at report stage in the House of Commons, makes provision for local authorities to let empty commercial properties via auction if certain criteria have been met.
They look at the detail of the proposals, how they might operate in practice and what the practical effect could be on rental values and landlords.
Jess Harrold is joined by Piers Wehner, who digs into the detail of chancellor Jeremy Hunt's autumn statement.
Wehner outlines the major talking points for property, including what the statement means for levelling up, business rates and the future of investment zones, and rounds up the initial industry reaction.
But how closely has he been keeping his eyes on the rest of the news? Find out, as he is put to the test in the quiz of the week.
In 2019, EG brought together a group of people embarking on their journeys in real estate and has since published regular features charting their progression. The most recent feature was published in October and, just weeks later, the group came together for a discussion on the Bricks & Mortar podcast with Sarah Jackman.
Listen to Jake Edwards, graduate surveyor at Cushman & Wakefield, Ella-Moore Hemsley, graduate surveyor at Lambert Smith Hampton and Louise Lawrence, apprentice surveyor at Savills discuss their pathways into real estate, how they’ve found studying and how they went about securing jobs. They also talk about how their APC journeys are shaping up, as well as offering advice to those who are thinking about embarking on a similar journey.
Pubs have witnessed a remarkable comeback post-lockdown with the public viewing the sector with a renewed sense of importance, although challenges undoubtedly lie ahead, according to Fleurets director and head of national agency James Davies.
Fleurets currently leads the Radius On Demand Rankings for the UK’s hotel and leisure sector, with almost 300,000 sq ft of space transacted this year. Davies believes pubs have enjoyed a honeymoon period in the post-lockdown period, with many new units opening up in what were traditional retail spaces.
However, he also believes the sector needs help with VAT rates and with the ability to hire overseas workers if it is to overcome the recessionary storm clouds currently gathering.
Piers Wehner is joined by Pui-Guan Man and Tim Burke for this week's trawl though the news.
CREFC has reported that prices are being "chipped" by 20 to 40%. The big agents are suffering from a $400m drop in earnings from capital markets. And everyone is "hacked off" with the abrupt demise of investment zones.
Plus, a quiz that asks all the important questions: who is the owner of property's fishiest feet, and why is Landsec's Cardinal Place suddenly sweaty?
As the industry welcomes yet another housing minister and sees another raft of policies junked within weeks of being announced, this month’s episode of EG’s politics podcast is here to (try to) make sense of it all.
Senior writer Piers Wehner and former housing minister Mark Prisk take a look at what the new government, the return of Michael Gove and the autumn statement will mean for real estate.
And will Investment Zones ever see the light of day?
Jess Harrold is joined by editor Sam McClary and head of events Natalie Roberts to discuss the highlight of the property calendar that is the EG Awards.
McClary and Roberts round up the big winners of the night, and all the work that went in to putting on a show - including the effort required to achieve a net zero awards ceremony.
In addition, Roberts offers insights into the busy life of an event planner, the qualities required and a little advice for anyone considering it as a career.
Jess Harrold is joined by Pui-Guan Man and Piers Wehner to round up the events of a week which has involved a new prime minister for the UK in Rishi Sunak, and a return of Michael Gove to the role of levelling up secretary.
But what will these two seemingly safe pairs of hands mean for property? As we approach Halloween, is the market still spooked? And can Sunak and Gove offer fresh treats... or the same old tricks?
Plus, a delve through the EG archives results in a quiz that taxes Man and Wehner to the limits of their memory.
EG’s Sarah Jackman last caught up with Madison Berkeley’s Nina Zeilerbauer in November 2021 when the recruitment market in real estate was buoyant, counter offers were common place and candidates were weighing up multiple job offers. Almost a year on and with the UK’s economic climate changing, does the same hold true?
Along with Madison Berkeley’s Christine Scott, Sarah and Nina discuss the last 12 months, look at emerging trends such as the growing demand for candidates with ESG-related skillsets and ponder how the recruitment market might develop over the coming months.
Jess Harrold is joined by Tim Burke, Pui-Guan Man, Evelina Grecenko and Piers Wehner for the latest weekly round-up, in the wake of the resignation of Liz Truss as prime minister.
Together, they discuss the fallout, the reaction of real estate and share their thoughts on what might happen next.
In brighter news, Burke, Man and Grecenko celebrate the end of Steptober with an update on their fund-raising efforts for LandAid.
But who will triumph in a special free-for-all version of the weekly quiz?
Joining Sarah Jackman for this month’s edition of In on the Act is EG columnist and joint head of Falcon Chambers Guy Fetherstonhaugh KC. And the topic this month: the Commercial Rent (Coronavirus) Act and the rent arrears arbitration scheme established under it for the recovery of ring-fenced rent arrears.
Regular listeners will know that Guy and Sarah first spoke about the Act in April’s podcast and, now that the window for instructing arbitrators has closed, they look at what has happened since and whether the scheme might pave the way for greater use of arbitration as a method of dispute resolution in the future.
Jess Harrold is joined by editor Sam McClary from New York, and city reporter Chanté Bohitige from London, for the latest weekly round-up.
McClary shares her energising experiences at CREtech in the Big Apple - as well as a sprinkling of Hollywood magic in the form of a REIT dedicated to buying industrial land and developing it for film studio space.
Meanwhile, as the political and economic turmoil back home continues, Bohitige surveys the current mood, with some encouraging news on take-up and rents in the West End, and some major pharmaceutical giants eyeing space in the capital.
They may be an ocean apart, but can they be separated in the quiz of the week?
In this episode of the EG Property Podcast, recorded live at CRETech NYC, EG editor Samantha McClary brings together three very different attendees to talk about their views on real estate, tech and the current market.
Listen in to hear from GPE’s head of innovation James Pellatt with innovation manager – and one of this year’s batch of very impressive EG rising stars - Ella Walter-Pavlou as they share the property owner view, why they’ve come out to NYC this week and what they’ll be taking home.
Pilabs’ and Spire Ventures’ Faisal Butt gives the VC view and shares his view on what start-ups need to focus on to make sure they get their share of investment.
While Jeremy Bernard, Americas chief executive of Essensys, shares the exhibitor view and gives us a little more insight on how collaboration is key when it comes to the growth of proptech.
And a few final words from McClary on some standout insights for her.
A big first day at CREtech NYC as thousands from around the globe made their way to Pier 36 on the Hudson River to talk tech, climate, investment and the big issues facing the industry.
In this special podcast, recorded live from the show, EG editor Samantha McClary shares insights from CREtech chief executive Michael Beckerman as he kicks off proceedings and some big thoughts on the market and the importance of diversity from Hines’ Laura Hines-Pierce and BentallGreenOak’s Sonny Kalsi.
Recordings were done onsite, not in the usual EG studio so listeners may need to lean in a little. But, as always, we promise it is worth it.
EG’s Bricks & Mortar returns to the airwaves this week for its Autumn schedule. And what better way to start back than by catching up with the winner of the 2022 Women in Property National Student Award, Tallulah Bannerman, a fourth year architecture student at the University of Edinburgh.
The award programme, which invites universities to nominate their top female students studying on a built environment degree course, is now in its 16th year, with over 1,400 students having been through the programme.
Bannerman and Bricks & Mortar host, Sarah Jackman, discuss the award, Bannerman’s journey into architecture and how she hopes to develop her career once she finishes at Edinburgh.
Bristol’s electorate has spoken: the role of city mayor will be dropped when Marvin Rees finishes his term of office in 2024. It will be replaced by a committee system in which decisions will be ratified by groups of councillors rather than by a cabinet appointed by the mayor. Supporters of the change hope it will allow for a more democratic form of government.
In this 55-minute podcast, EG’s guests discuss how Bristol reached this point and what it means for development in the city. Will it slow things down or will it help pave the way for getting Bristol’s future growth right?
Joining associate editor Julia Cahill are:
Jonathan Lambert, director, development, Savills Bristol
John Savage, executive chairman, Bristol Chamber of Commerce & Initiative
Christine Townsend, councillor – Green Party, Bristol City Council
In this episode of the EG Property Podcast EG editor Samantha McClary is warming up for the upcoming CREtech NYC conference in Manhattan by reconnecting with Fifth Wall’s Brendan Wallace.
The pair last caught up in April 2021 as Wallace outlined his for a new climate fund. You can listen to that conversation here.
In this 45-minute conversation Wallace shares thoughts on the coming of age of proptech and together the pair ponder whether, with the unique role that the built environment has to play in the environmental survival of the planet, proptech will eventually evolve into climate tech.
And all bets are on for whether Wallace’s predictions about what will be the big topics of conversation at CRETech come true.
Jess Harrold is joined by editor Sam McClary and deputy editor Tim Burke for the latest weekly round-up podcast.
Burke offers a market update, as economic turmoil continues to have an impact on real estate - and, in much brighter news, shares details of the EG team taking part in Steptober for LandAid - EG: Pimp My Stride. Once you've listened, be sure to sponsor them at: https://join.landaid.org/fundraisers/egpimpmystride
McClary discusses what she has learned about the success story that is Greggs in this week's EG Interview - and why things are looking up for the RICS.
But who will be the most sure-footed in the quiz of the week?
Once you're done, be sure to brighten your Sunday with some required listening for this week's episode: https://www.youtube.com/watch?v=kQ3tNCwUvSQ
Demand for life sciences space in London is far outstripping supply – but high-profile schemes on the horizon offer a glimpse at new hubs and clusters across the capital.
In this 40-minute discussion, recorded during LREF week with the support of JLL, EG’s guests discuss the outlook for life sciences in the city, the hurdles to creating new real estate and why the capital must collaborate with, rather than compete against, other regional centres of excellence.
Joining deputy editor Tim Burke are:
- Sven Bunn, life sciences programme director, Barts Health NHS Trust
- Matt Fitter, investor and developer lead, life sciences, JLL
- Ivana Poparic, head of cluster development, MedCity
- James Sheppard, managing director, Kadans
In this episode of the EG Property Podcast, recorded live at the London Real Estate Forum, EG editor Samantha McClary sits down with five specialists from across the sector to make the case for regeneration or restoration (or retrofit) of buildings.
With a clear focus from the industry to do the right thing when it comes to climate change, there is an increasing proportion of refurbishments taking place rather than full scale development. An increasingly loud voice that is anti knock it down and build it up – see plans for M&S’s HQ on Oxford Street as an example – has left many in the development and planning world, unsure of what is expected of them.
Listen in to understand more about the case for and against knocking it down and starting again to deliver better and how the argument for redevelopment versus retrofitting is eerily similar to that of veganism versus an omnivorous diet.
Helping figure out the answer are:
- Ali Abbas, managing director, head of UK, Art-Invest
- Chris Cummings, director, Savills Earth, Savills
- Derek Griffin, head of acquisitions, Whitbread
- William Seymour, partner – real estate, Shoosmiths
- Katharine Woods, associate, DP9
In this EG Property Podcast, part of a series of listens focussed on London’s built environment, EG editor Samantha McClary stays up well past her bedtime to understand more about what the night-time economy is and what is needed from the real estate sector and government to ensure that it gets as much support as the daytime economy.
Listen in to hear more about how we need to change the narrative around the nighttime economy, shifting it away from a discussion about clubs and bars and towards business and people, and how central government support is essential to ensure the capital can make the most of life after dark.
Sharing their insights and expertise in this circa 35-minute listen are:
- Michael Kill, chief executive, Night Time Industries Association
- Ros Morgan, chief executive, Heart of London Business Alliance
- Matt Sims, chief executive, Croydon Business Improvement District
- Melanie Williams, head of real estate & hospitality sectors, DWF
In this episode of the EG Property Podcast, EG editor Samantha McClary is in discussion with four experts from across the built environment to understand how the UK’s cities are “levelling up” – or not – regardless of the politics.
Levelling up was barely mentioned in the recent “mini budget”, reports say barely any of the levelling up funds have actually been spent and EG figures show that since the first time then PM Boris Johnson utter those two words “levelling up” in 2020, our regional cities continue to lag behind the capital. Investment is 23% lower, take up 12% lower and average rents a whopping 54% lower.
Government is unlikely to really be able to level up this country, so how can our cities and the built environment make sure that they can?
Helping to figure out the answer are:
- Deborah Gordon Brown, partner, Shoosmiths
- Kat Martindale, director and head of ESG research, Savills
- Simon McCabe, chief executive, Scarborough Group International
- Jackie Sadek, regeneration practitioner, Urban Strategy
This episode runs as an aural accompaniment to EG’s UK Cities Guide , which looks at how well our cities are performing when it comes to the green agenda and the importance of the role of infrastructure – physical and digital – when it comes to creating an equal UK.
Jess Harrold is joined by deputy editor Tim Burke and senior writer Piers Wehner to discuss the political and economic turmoil of the last week.
From the disastrous impact on the markets, to what we know so far about investment zones, to Labour's bid to be the party for real estate, they discuss all the fallout - as well as Wehner's timely new podcast series, EG's Office Politics.
But who will come out on top in the quiz of the week?
EG’s brand new politics podcast, hosted by senior writer Piers Wehner and former business and housing minister Mark Prisk.
About once a month we will be journeying to the place where politics and property intersect. We’ll examine the potential impact of what the government and opposition are planning, dissecting the policies, discussing delivery and, in this episode, finding out why housing ministers are like Doctor Who.
And what a week to start!
In this panel discussion from EG's ESG Breakfast Briefing, deputy editor Tim Burke asks a panel of guests from across the built environment about the most pressing needs for sustainability-focused skillsets in the industry.
Once the preserve of a dedicated ESG team, panellists agreed that forward-thinking companies are now working hard to ensure the necessary talent is embedded in divisions across their business, as the green agenda rises ever-higher on the list of priorities. Joining the discussion are:
- Amanprit Arnold, senior policy officer, Greater London Authority
- Janine Cole, sustainability and social impact director, GPE
- Andy Mercer, head of ESG, Colliers
- Chris Davies, chief executive, Uncommon
- Adam Smith, climate change programme lead, Better Buildings Partnership
In this panel discussion recorded at EG's recent ESG Breakfast Briefing, deputy editor Tim Burke is joined by guests from the worlds of engineering, architecture, development and insurance brokerage to ask whether insurance is becoming a barrier to real estate achieving its net zero aims.
At the heart of the discussion is timber - the benefits of building with it, the challenges of insuring schemes that use it, and the collaboration needed between architects, developers and insurers to bring everyone on to the same page. Tackling the topic are:
- Gareth Atkinson, director, Civic Engineers
- Stephanie Crombie, associate, head of sustainability, Marrow Lorraine
- Ben Cross, development director, General Projects
- Dominic Lion, director, Gallagher
In this keynote speech from EG's recent ESG Breakfast Briefing, Tom Willcock, director of innovation at Hollis, talks about the real estate industry’s failure to get the grips with the climate crisis, the meaningless arguments that have slowed progress in tackling the ESG agenda’s biggest challenges, and why, when there's any choice to be made within the sector, we must come down on the side of the environment.
Just before the Covid-19 pandemic hit, 10 years on from a landmark review by University College London’s Sir Michael Marmot’s into health inequalities in England, the Institute of Health Equity published a follow-up report exploring just how closely health and life expectancy are tied to socioeconomic position and the conditions in which people live and work. Some of the findings were bleak, underlining that health inequalities had worsened over the preceding decade.
In this panel discussion from EG's recent ESG Breakfast Briefing, our guests explored the role real estate and the built environment have in addressing these worsening inequalities.
Joining deputy editor Tim Burke are:
- Rob Charlton, chief executive, Space Group
- Pete Gladwell, group social impact and investment director, L&G Group
- Divya Hariramani Herrero, sustainable design and wellbeing service line lead, Longevity
- Cara Imbrailo, partner, Charles Russell Speechlys
- Federico Montella, head of ESG and sustainability, Lambert Smith Hampton
- Jane Mudd, leader, Newport City Council
On this episode of Tech Talk radio, host Emily Wright is joined by Aviva Investors' head of responsible investment Ed Dixon as he cuts straight to the heart of what ESG is really all about - and it's not acronyms.
A former carpenter who lost his job in the 2008 recession, Dixon talks about his career path from "fifty quid weekend jobs" to "£50bn of real assets 20 years later" and discusses why "it's OK" that head of sustainability and director roles in large real estate companies are increasingly being taken up by younger, less experienced people. "Young people are taking on incrementally bigger and bigger roles in this space. They are taking risks, they are getting the leadership team on board and they are delivering great stuff. I think it's working."
Dixon also touches on the transition from investing in climate solutions such as green buildings to tackling climate in its entirety and why finding the "bright spots" in the sector and ignoring those with their heads down resisting change is crucial to progress.
And, in a direct message to listeners, he told them how they could tell whether or not they are on the right tracks as we navigate "a time of change tantamount to the industrial revolution" as soon as they had switched off the podcast.
To find out more, tune in now.
In this episode to the EG Property Podcast, EG editor Samantha McClary is talking to the final three individuals that make up the latest cohort of EG Future Leaders.
Listen in to the third of three episodes introducing you to cohort five of the EG Future Leaders to meet our early careers participants – Isabelle Walters from Savills, Callum Wyatt from CBRE and Priscilla Idowu from HB Reavis. A trio of bright sparks that promise to deliver talks to inspire not just the next generation but current leadership.
Listen in to this 25-minute conversation to find out what they hope to deliver through their 10-minute TED style presentations at EG’s special grand finale on 24 November and how essential it is that you – and the whole to the built environment – leans in, listens and takes action.
Since the launch of EG Future Leaders in 2019 some 35 individuals have passed through the programme, learning not just the skills to stand up on stage to present to room full of peers and established leaders from across the industry, but the skills to really showcase how powerful the built environment can be at effecting change.
The Future Leaders programme is more than just an event. This is a movement across the sector to empower generations of inspired and inspirational people to push the industry forward, to speak up and speak out about the role real estate has to play in so many aspects of our lives, our livelihoods and in the future of the planet.
To make sure you’re part of what EG promises will be the best real estate industry event you’ll ever go to, head straight to www.eg.co.uk/eg-events/future-leaders-summit/ to book your tickets now.
LISTEN: Piers Wehner is joined this week by content chief Emily Wright and London reporter Chante Bohitige. What other podcast gives you insight into London's rising rents, measuring the UK's cities, pricey buns and squirrels? Emily says 'so long' (for a short while) and Piers takes advantage of Jess Harrold's absence to introduce a new game to the format. What could possibly go wrong?
In this episode of the EG Property Podcast, EG editor Samantha McClary is in discussion with four more of our latest cohort EG Future Leaders to find our just how excited and terrified they are about undertaking one of the toughest but most rewarding programmes in the sector.
Listen in to this 35-minute conversation with Sophie Stewart from DLA Piper, Kat Strzalka from JLL, Jibram Saleem-Sheikh from Landsec and Thai Dang from Ellandi to find out what they hope to deliver through their 10-minute TED style presentations at EG’s special grand finale on 24 November and how essential it is that you – and the whole to the built environment – leans in, listens and takes action.
Since the launch of EG Future Leaders in 2019 some 35 individuals have passed through the programme, learning not just the skills to stand up on stage to present to room full of peers and established leaders from across the industry, but the skills to really showcase how powerful the built environment can be at effecting change.
The Future Leaders programme is more than just an event. This is a movement across the sector to empower generations of inspired and inspirational people to push the industry forward, to speak up and speak out about the role real estate has to play in so many aspects of our lives, our livelihoods and in the future of the planet.
To make sure you’re part of what EG promises will be the best real estate industry event you’ll ever go to, head straight to www.eg.co.uk/eg-events/future-leaders-summit/ to book your tickets now.
In this episode of the EG Property Podcast, EG editor Samantha McClary meets the first batch of Future Leaders joining the fifth cohort of EG’s award winning programme.
Listen in to hear how Charlotte Paton from Savills, Sophie Levenson from Knight Frank, Megan Kennedy from Wilmott Dixon and Ola Alade from LCP are feeling about embarking on the intense two-month training programme and how they hope to inspire not just the next generation but real estate’s current leaders to bring about change.
For this series of EG Future leaders we’re tasking these phenomenal individuals with putting on a show at our grand finale that is going to be bigger and better than ever before.
Since the launch of EG Future Leaders in 2019 some 35 individuals have passed through the programme, learning not just the skills to stand up on stage to present to room full of peers and established leaders from across the industry, but the skills to really showcase how powerful the built environment can be at effecting change.
The Future Leaders programme is more than just an event. This is a movement across the sector to empower generations of inspired and inspirational people to push the industry forward, to speak up and speak out about the role real estate has to play in so many aspects of our lives, our livelihoods and in the future of the planet.
To make sure you’re part of what EG promises will be the best real estate industry event you’ll ever go to, head straight to www.eg.co.uk/eg-events/future-leaders-summit/ to book your tickets now.
Jess Harrold is joined by editor Samantha McClary and senior writer Piers Wehner to reflect on the passing of Queen Elizabeth II.
In addition, they consider how King Charles III - who has long been known for airing his views on the built environment, and was ahead of his time on the importance of environmental awareness and sustainability - might continue to have an influence on real estate in his new role.
In episode five of In on the Act, Jess Harrold is joined by Paul Letman and Cecily Crampin, of Falcon Chambers, to discuss the Building Safety Act 2022, which was was given royal assent in April.
Letman and Crampin address the key provisions of the Act, conceived in response to the Grenfell Tower tragedy and the resulting debate on remediating defective cladding, including the greater protections it provides for leaseholders, increased powers to support the making of building liability orders and the establishment of new regulatory bodies.
Covid led many to rethink their careers and follow through on aspirations to open shops and this has helped the retail sector bounce back with a vengeance post-lockdown but it now braces itself for a bruising winter, according to Creative Retail director Scott Robertson.
Creative Retail, which is Birmingham-based but has an increasingly national presence, sits in fifth place on the 2022 Radius On-Demand Rankings for retail disposals for the whole of the UK. It has let or sold 164,829 sq ft so far this year.
Robertson says the sector faces a period of unprecedented economic turbulence and predicts more casualties to come. However, with the right support from both national and local government he believes bricks and mortar retail has a bright future.
In this latest episode of Bricks & Mortar, Sarah Jackman catches up with Madeleine Davitt, senior partner at Davitt Jones Bould.
A pioneer of remote and flexible working, the specialist real estate and planning law firm has a varied client base and operates a waiting list for those wishing to join.
Listen as Davitt reflects on her journey into real estate, the challenges she faced when setting up the firm and what she’s most proud of when she looks back on it all today.
Jess Harrold is joined by deputy editor Tim Burke and reporter Chanté Bohitige for the latest weekly round-up.
Burke tackles the bleak prognosis contained in a lengthy report from investment bank Berenger that concludes that real estate faces the toughest market in a decade… as well as fears that the property industry will be ignored by the next prime minister. In addition, he covers the government’s plans to sell surplus office stock.
Bohitige offers some positive news about the demand for grade A office space in London and the impacts that is having.
And, in an effort to lighten the mood further, each shares some recommended listening for your Sunday afternoons.
In this edition of the EG Property Podcast, brought to you in partnership with Savills, EG editor Samantha McClary is joined by five experts from the south coast to find out more about what being awarded one of eight freeport statuses means for Southampton and the wider region.
Listen in to this special EG Cities Live: Southampton recording to understand why collaboration between public and private sector is vital and why competition between UK freeports would be the worst thing for the country.
In this 45-minute recording you'll find out more about how the freeport is the south coast's opportunity to showcase innovation, to retain talent and to, maybe, finally bring the region's logistics market out of paralysis.
All that and much more expert insight delivered by:
- Gavin Hall, head of office, Savills Southampton
- Nella Pang, managing director, Omega-RE
- Patrick Freestone, deputy fund manager, Fiera Real Estate Logistics Development Fund
- Stuart Irvine, senior director, Turley
- Tom White, Ecosystem director, maritime & ports, Connected Places Catapult
Jess Harrold is joined by reporters Evelina Grecenko and Akanksha Soni to round up a busy week of news.
Grecenko tackles Rishi Sunak's promise to relax planning laws for life sciences labs, and how the industry has responded - as well as Fujifilm's plans for expansion.
Soni covers a big PBSA acquisition by M&G, what the soaring demand for university places in London from international students will mean for rents and the first real estate firms to take steps to aid staff afflicted by the cost of living crisis.
But who will come out on top as we round up the rest of the big news in the quiz of the week?
In this latest episode of Bricks & Mortar, Sarah Jackman catches up with ex-Nottingham Rugby Club player Ben Brownlie.
Having played professional rugby since 2014, the pandemic forced Brownlie to reassess, enroll on a masters in building surveying and enter the real estate industry.
Now an assistant building surveyor at Innes England, Brownlie is on course to take his APC and gain professional accreditation as a chartered surveyor, while still playing the sport that he loves.
Listen to Brownlie discuss his journey into real estate, the advice he has for anyone seeking a career change and the commonalities that he believes exist between real estate and rugby.
Jess Harrold is joined by reporters Evelina Grecenko and Chanté Bohitige for the latest weekly round-up podcast.
Bohitige discusses GSK's search for a new London HQ, and what the current levels of office attendance will mean for the market - could there be a glut of redundant space in the capital?
Grecenko tackles asset manager and developer Lateral's big plans for life sciences, and the high standards set by McCain in its HQ redevelopment in Scarborough.
But who will triumph in the quiz of the week?
LISTEN A number of the big agents had results out over the past week or so - and pretty good ones too.
Savills' first half revenue has broken the £1bn ceiling, Cushman's leasing revenues alone have topped a billion, JLL's revenues are up 17%...
So why is EG's deputy editor, Tim Burke, so full of doom and gloom? Turns out, the good times might already be at an end...
And we get to meet EG's newest addition, London reporter Chanté Bohitige, who has been covering some far cheerier stories.
But when it comes to the weekly quiz, who will prevail - the aged curmudgeon or the fresh-faced newb?
In this latest episode of Bricks & Mortar, Sarah Jackman catches up with senior partner Sara Bailey, real estate partner Rebecca Wardle and real estate solicitor, Ugo Ebhogiaye, from Trowers & Hamlins.
The firm has been working on a number of initiatives to help improve diversity and social mobility within the sector, including the Routes to Real Estate programme, which seeks to address the various barriers into employment in real estate.
They discuss the background to initiatives, how they're working in practice and the positive change that they hope will flow from them.
Jess Harrold is joined by news editor Pui-Guan Man and life sciences Evelina Grecenko for the latest weekly round-up of all the latest headlines.
Grecenko tackles Oxford Biomedica's sale-and-leaseback plans, and the buzz around Manchester's Landmark Building.
Man has news on industrial land values, Hammerson's latest results and a new digital twin of the commercial real estate market.
But which is the better investment, industrial or life sciences?
And how will they both fare in the quiz of the week, covering everything from the BBC to the celebrations of England's victory in the Euros?
Jess Harrold is joined by Guy Fetherstonhaugh QC, of Falcon Chambers, to discuss the eagerly awaited Court of Appeal decision in the combined appeals in Bank of New York Mellon (International) Ltd v Cine-UK Ltd; London Trocadero (2015) LLP v Picturehouse Cinemas Ltd and others [2022] EWCA Civ 1021; [2022] PLSCS 125 - cases both arising out of rent arrears accrued during lockdown periods imposed as a result of the Covid-19 pandemic.
Fetherstonhaugh outlines the parties involved in the appeals, including two connected cinema tenants, and how those tenants saw their defences to actions for unpaid rent rejected at first instance.
He explains how the arguments were presented in the Court of Appeal, and why it dismissed the tenants' appeals.
In addition, Fetherstonhaugh shares his thoughts on where this leaves any tenants who are yet to resolve pandemic rent arrears disputes with their landlords, and whether this might lead to a late rush to use the government's so far under-utilised arbitration scheme.
Jess Harrold is joined by injury-hit editor Sam McClary for the latest weekly round-up podcast.
McClary shares Birmingham City Council chief executive Deborah Cadman's excitement for the Commonwealth Games, and how they are already helping transform the city for a golden future.
She also hails the strong field vying for this year's EG Awards, as the finalists are named.
In addition, Harrold addresses the Court of Appeal's decision on a pair of high-profile pandemic rent cases, the state of play of the government's arbitration scheme for resolving disputes over Covid arrears, and where it all leaves any landlords and tenants yet to come to agreement.
But how will McClary fare as she is put to the test in the quiz of the week?
In episode four of In on the Act, Sarah Jackman is joined by Falcon Chambers barrister, Oliver Radley-Gardner QC to discuss the Electronic Communications Code, which came into force in December 2017 and replaced the existing Code governing telecommunications.
Disputes between operators and landowners under the new Code have been higher than under its predecessor, with one case – Cornerstone Telecommunications Infrastructure Ltd v Compton Beauchamp Estates Ltd and conjoined appeals – going all the way to the Supreme Court.
They discuss the reasons behind that, the effect of the Supreme Court decision and other developments in the area, including the Product Security and Telecommunications Infrastructure Bill.
In this latest episode of Bricks & Mortar, Sarah Jackman speaks to Greg Manson, director of debt finance at OakNorth Bank. Manson practices within OakNorth's property finance team and recently received accreditation to become a chartered surveyor via the senior professional route.
They discuss his motivation for seeking MRICS accreditation, how he managed studying alongside his day-to-day work and the benefits that his recent qualification has brought to his current role.
Tune in to hear the full discussion.
On this week's episode of Tech Talk Radio, host Emily Wright speaks to someone not known to mince his words. Ility founder and chief executive Marcus Moufarrige pulls no punches when it comes to his thoughts on the future of tenant engagement apps as his platform is rolled out across portfolios within major real estate companies including L&G and Deloitte.
"I have always said that tenant engagement isn't an app, it's an outcome," said Moufarrige. "If it isn't an app, why do we need them?"
Moufarrige added that getting people to engage with a building via an app has traditionally been a tough sell with low uptake and something that usually requires "a lot of pushing" because "no one gets turned on by engaging with a building."
He said that New York-based Ility's strategy comes at the problem more from an asset management approach, giving the landlords the tools they need to collect and own their own data while creating flexible, profitable spaces with a focus on ESG.
To hear more about Ility, Moufarrige's thoughts on apps, data ownership and the difference between a sector which is digitised and one which has been digitally transformed, tune in to this episode of Tech Talk Radio.
Just 13% of the UK real estate workforce is female. Even less – a lot less – of it is made of of black women. That is not right and it is not okay.
As real estate continues to transition and understand its importance in delivering places and spaces for human beings to thrive the need to diversify our workforce and become a truly inclusive sector has never been more important.
To help highlight and showcase the black women there already are in the sector Black Women in Real Estate has teamed up with recruitment specialists Madison Berkeley to launch the #IAMWOMAN campaign. The campaign took place last week and highlighted five black women from across the built environment sharing their stories of success.
The campaign was designed to help improve visibility of black women in the sector, to encourage more black women into real estate and to show all of us, that while the numbers of black women in real estate may be low today, there are many very highly skilled and talented women out there that this sector needs.
In this podcast, EG editor Samantha McClary sits down with Hanna Afolobi, founder of Black Women in Real Estate and new development consultancy Mood & Space, Faith Locken, development manager at Countryside and founder of We Rise In and Clare Coe, co-founder of Madison Berkeley to find out more about IAMWOMAN, why the campaign was needed and how we all need to work hard to uncover the untapped talent this industry has and need to attract.
Find out more about the campaign and read Faith and the other women’s stories at https://www.madisonberkeley.com/i-am-woman/
Jess Harrold is joined by deputy editor Tim Burke and, making her EGLSM debut, residential reporter Akanksha Soni, to round up the hottest week in UK history.
Burke tackles the real estate industry reaction to the record temperatures, and the stark warning they offer of the realities of climate change - as well as the latest news on RICS and what he learned from his EG Interview with Here East chief exec, Gavin Poole.
Soni offers her thoughts on the resi sector after her first few weeks on the beat, and rounds up her major stories of the week.
But can she compete with Burke as she is put to the test in her first quiz of the week?
Sheffield is poised to reinvent itself as one of the greenest cities in the UK, with a raft of environmentally sustainable new developments about to come online and a wealth of older stock ripe for redevelopment, according to Colloco founder Tim Bottrill.
Colloco sits in second place in the Radius On Demand Rankings for South Yorkshire, with 12 deals across the line so far this year. It was established five years ago by Bottrill following a 20-year career in the city, first with Knight Frank and then Fernie Greaves.
Sheffield is seeing a huge remodelling of its city centre thanks to Heart Of The City 2, a huge mixed-use redevelopment that includes Elshaw House, touted as Sheffield’s first “zero carbon ready” office. The city is also rich in older industrial buildings ready for development alongside the ongoing modernisation of the iconic Park Hill scheme.
Piers Wehner is standing in this week for Jess Harrold, and what could possibly go wrong?
He talks to EG's editor Samantha McClary and news editor Pui-Guan Man about the dark clouds hovering over the industry - from analysts predicting Global Financial Crisis II (the sequel no-one wanted), to the threat of bubbles bursting.
And with inflation rising and the dreaded R-word on the horizon, is now the time to put faith in the wisdom of old age?
Meanwhile, Sam and Pui go head-to-head to see who will be Queen of Quiz.
Let's face the music and dance.
In episode four of EG’s new monthly podcast series – In on the Act – Sarah Jackman catches up with Falcon Chambers barrister Mark Sefton QC to discuss the Landlord and Tenant Act 1954.
A cornerstone of landlord and tenant practice for almost 70 years, the Act has attracted calls for reform, with the government announcing in 2020 its intention to review it.
Sefton explains the background to the Act, the practical difficulties in its operation and the effect of the S Franses Ltd v Cavendish Hotel (London) Ltd decision on ground (f): redevelopment.
Dublin’s growth is the envy of Europe. Demand across all sectors is high, with increased interest in the life sciences, living sectors and industrial space. But with planning constraints starting to choke off supply, and ESG requirements potentially rendering 80% of Dublin’s stock uninvestible, is the situation sustainable?
Piers Wehner heads to Ireland’s capital to ask an expert panel what the future holds.
Patrick Phelan, managing director, Ballymore John Ring, director of research, Savills Colm Lauder, head of real estate, investment banking, Goodbody Mairead Finlay, associated partner, head of real estate, EY Law Ireland Hazel Jones, strategic planning director, Bartra
Jess Harrold is joined by Emily Wright and Piers Wehner for the latest weekly round-up - which inevitably begins with a discussion of the events at 10 Downing Street, and what the upheaval may mean for real estate.
On a happier note, Wright shares her excitement for having returned to the stage for an in-person Tech Awards after two years of virtual ceremonies. As well as celebrating the worthy winners, Wright expresses her hope that next year will see an even more diverse line-up of entrants.
But, as Wright and Wehner's memories are put to the test, who will show the best recollection of arguably the most revolving role in government? Find out in the first (and only) game of Play Your Housing Ministers Right.
In this week’s Bricks & Mortar, Sarah Jackman catches up with Steven Cronin and Cillian Doyle, co-founders of development management business – Kimberlite – based in Dublin.
They discuss their routes into the profession, the decision to upskill and study part time at UCEM and how they started their own firm earlier this year, having worked at real estate companies together during their careers.
Both have advice for those developing a career real estate and, without giving too much away, reflect on what's next for their new venture.
In this latest installment of EG Property Podcast's Fundamentals of the Future programme, a series of listens focusing on real estate’s role in the helping solve the world’s climate crisis, EG editor Samantha McClary introduces an hour-long roundtable, hosted by Civic Engineers, that brings together a collection of experts from across the built environment to talk about the big issues real estate faces and the big solutions it can and should be coming up with.
Listen in to understand more about the need for retrofit to be a sexier word than development, the role that placemaking has in greening up our built environment and the policy changes needed to turn real estate from a polluter to a protector of the planet.
An advisory warning for listeners. This roundtable was not recorded in a studio so at times you may need to lean in a little closer to the conversation. But while the quality of sound may not always be top notch, the content most definitely is.
Enjoy.
In the first in a new podcast series on residential law, Jess Harrold is joined by co-host Elizabeth Dwomoh, barrister at Lamb Chambers, and guest Neelam Sharma, in-house solicitor at Walsall Housing Group Ltd, to discuss the difference between a lease and a licence, and the different types of tenancies.
Together, they address the main characteristics of Rent Act 1977 tenancies, secure tenancies, assured tenancies and assured shorthold tenancies, as well as their advantages and disadvantages.
In addition, they look at key contractual terms for each type of tenancy, and some of the issues that can arise in practice.
Jess Harrold is joined by editor Sam McClary and news editor Pui-Guan Man to discuss the implications of the US Supreme Court's decision to overturn the landmark ruling in Roe v Wade and place the availability of abortions in the hands of individual states, with the possible result that more than half will outlaw them.
Together, they share their dismay at the impact the decision will have, praise Cushman & Wakefield for being the first US-based advisory firm to pledge financial support to their affected employees, and discuss the steps that real estate should take to stand up for important rights.
In addition, they address more of the week's headlines - including a report into CVAs that offers a surprising conclusion for landlords, big news at Avison Young and a possible boost for the UK high street.
In this panel discussion, EG’s guests explore Cambridge’s position as a hub for technology and not just, as some would have it, life sciences.
Joining EG deputy editor Tim Burke to discuss what tech has done for development in Cambridge, the growth opportunities for the sector, and what the city is doing to retain and grow talent are:
- Wei Meng, head of innovation and director of operations, TusPark Cambridge
- James Parton, managing director, The Bradfield Centre
- Claire Ruskin, executive director, Cambridge Network
- Mark Taylor, director and head of business space, Cambridge, Savills
At this EG Cities Live panel discussion held in Manchester earlier this month, EG deputy editor Tim Burke and guests discuss the post-pandemic workforce and what it’s taught real estate about the outlook for offices.
More than two years on from the first work-from-home order of the Covid-19 pandemic, business leaders are still grappling with changes to working practices and what they mean for office occupancy. Despite the best efforts of many businesses to encourage workers away from Zoom screens and back into the office, our speakers acknowledged that, across industries, the challenge is stark.
Joining the panel are:
Kirsty Black, partner, Shoosmiths James Evans, national head of office agency, Savills Caleb Parker, founder, Bold Simon Bedford, partner, real assets advisory, Deloitte Dan Hyde, development director, MEPC
In the latest episode of On the Case, Jess Harrold is joined by Martin Garner, partner at CMS, to discuss the first disputes under the Electronic Communications Code to reach the Supreme Court: Cornerstone Telecommunications Infrastructure Ltd v Compton Beauchamp Estates Ltd and conjoined appeals [2022] UKSC 18; [2022] PLSCS 99.
Garner explains the operation of the Code, the issues that led to the three cases concerned here, and how the Supreme Court determined the appeal.
In addition, he addresses the implications of the decision for landowners and telecoms operators, and outstanding issues under the Code that will continue to occupy the higher courts.
Jess Harrold is joined by head of special content Emily Wright and reporter Evelina Grecenko for the latest weekly round-up podcast - with a focus on talent.
Wright rounds up EG's latest Talent special, including the back-to-the-office lessons from a building tour of CBRE's revamped flagship HQ, Henrietta House... and from further afield, out in the country.
Grecenko shares what she learned from EG and Bidwells’ Creating a Scientific Superpower conference, as well as Oxford Properties' big plans for life sciences.
But when their own talents are put to the test, who will triumph in the quiz of the week?
Some three years after the government first announced it’s intention to abolish section 21 notices under a Renters’ Reform Bill, it has published it’s white paper on reform of the private rental sector.
To help explain the proposals is Eleanor Murray, partner and head of residential disputes at law firm CMS, who sets out the rationale for change, what the government is proposing as part of its “12-point plan of action” and what landlords can be thinking about now in advance of change being implemented.
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down with Paul Lawrence, head of real estate at Taylor Wessing, and Dan Bayley, director in the tenant representation team at JLL.
Both are huge supporters of EG’s Future Leaders programme and both joined many others to lean in, learn and support our latest cohort at their showcase event on 9 June.
In this 40-minute listen, they talk about the importance of the programme not only for what it delivers for EG’s Future Leaders but for the messages it gives to the audience and the market as a whole.
This latest cohort was united on showing how much power and influence the real estate sector can have at effecting change and making the world a much better place.
Listen in for a run through of each of the amazing Ted-style talks. And if you’re hungry for more, make sure to head to www.egi.co.uk/news to watch the six insightful, emotional and just quite brilliant talks in full.
Swansea council confirmed Urban Splash as its development partner on a £1bn regeneration of the city earlier this month. Here Urban Splash’s Jonathan Falkingham and David Warburton lay out their plans for a levelled-up, liveable city in what might be their biggest test to date.
This latest episode of Bricks & Mortar sees host Sarah Jackman discuss a new initiative from Close Brothers Property Finance: Tomorrow’s Developer.
Launched in 2021, the network seeks to support the next generation of SME housebuilders into the industry via regular events, where attendees have an opportunity to hear from industry speakers and network amongst peers.
Its business development manager, Andrew Argent, discusses how the initiative has evolved since launch, what’s next in its development and what he hopes to achieve from it. Alex MacDonald from Macar Developments and Ross Finck from The Griffin Residential Group give their perspectives as a speaker and attendee respectively.
Jess Harrold is joined by EG's former editor and current director of market development, Damian Wild, for the latter's final episode of EGLSM as part of the team.
Wild discusses his impending departure from EG after 13 years, reflects on how the real estate industry has changed in that time, outlines plans for his new role as managing director of ING Media, and offers his thoughts on the sector - and EG's important role in it - in 2022 and beyond.
Plus, discover where his fascination with public toilets began and learn more about his life in music - including his soft spot for a certain Kylie Minogue classic.
Jess Harrold is joined by news editor Pui-Guan Man and senior writer Piers Wehner for the latest weekly round-up podcast.
Man shares the latest on department store chain John Lewis and its plans for a 10,000 home build-to-rent portfolio, and more of the latest headlines.
Wehner tackles the fallout of the confidence vote in Boris Johnson, a government consultation that could shake up compulsory purchase and one of his favourite topics, levelling up.
But, with "hope" a recurring theme, will their aspirations of victory be realised or dashed in the quiz of the week?
Offices have become a want rather than a need, and if landlords want to attract occupiers back they need to introduce cool, quirky elements that make them a mixture between home and office, according to Belcor partner Oli Cohen.
Belcor, which rebranded from Belchak Corin & Co earlier this year, sits in fifth place on the Radius On-Demand Rankings for City Fringe in terms of transacted space and has transacted the third largest number of deals.
City Fringe, particularly the converted warehouses of Shoreditch, has an office offering strong on character and quirkiness and Cohen believes this has helped lead the market strongly out of the pandemic as occupiers look for more than simply a space for a desk. He believes City Fringe needs to be the case study for where the wider office market is heading.
In this episode to Fundamentals of the Future, EG Property Podcast’s series of discussions looking at real estate’s role in the climate crisis, EG editor Samantha McClary is joined by George Roberts, outgoing chair of the Property Advisers Forum and head of UK & Ireland at Cushman & Wakefield, Sarah Ratcliffe, chief executive of the Better Buildings Partnership and Emily Hamilton, head of ESG at Savills Investment Management, to talk about the very real need to close the skills gap when it comes to sustainability in real estate.
The BBP, with funding from the Property Advisers Forum, has launched a new training programme focused specifically on the advisory sector. The course, which follows the success of a similar training programme launched last year for portfolio, fund and asset managers, will be delivered by specialists Hillbreak.
Listen in to this 32-minute discussion to find out how vital education is within all parts of the real estate sector if the industry – as one of the biggest emitters of carbon – really is to play its part in solving the climate crisis.
For more information on the BBP’s new course visit https://www.betterbuildingspartnership.co.uk/
In this episode of the EG Property Podcast, EG Samantha McClary dons her Lycra for a conversation about a different kind of brick…The brick training one might do when preparing for a triathlon.
As the countdown to the JLL Property Triathlon on 1 July begins, she sits down with Emma Hoskyn, head of sustainability at JLL, and Abigail Dean, head of strategic insights at Nuveen Real Estate, for a relaxed chat about tactics and training for this year’s big race. The trio even share a few tips on what it might take to win this year…the fancy dress round at least.
The annual event is one of the biggest sporting gatherings in real estate, bringing thousands from across the sector together to network, engage in a spot of friendly competition and raise huge amounts for charity.
A few last-minute space remain for individual races. Head to https://www.propertytriathlon.com/ if you’d like to secure your spot.
In this week’s EG Like Sunday Morning, Jess Harrold is joined by deputy editor Tim Burke, fresh from his delve into the EG archives to commemorate the Queen’s Platinum Jubilee.
Burke shares some of the highlights of the special coronation edition of “The Estates Gazette” – and marvels at how many of real estate’s concerns 70 years ago still strike a chord even now.
In addition, Burke rounds up the week’s news, and shares some recommendations for suitable listening to mark the Queen’s big weekend.
Plus there’s an audio treat from yesteryear, courtesy of The Estates Gazette Wireless Edition from coronation week, 1953, as presented by the legendary Piers Cholmondley-Wehner.
In this latest episode of Bricks & Mortar, Sarah Jackman catches up with William Riordan, chair of the ULI’s Young Leaders Group for Europe. Riordan completes a two-year term in the role in July and reflects on the importance of the network in connecting people from different parts of the industry and in enabling “the leaders of tomorrow to engage with the leaders of today.”
He discusses the priorities he established for his tenure, the change that the industry has seen in the time that he’s been chair and what it was like being in the role during the pandemic – a period which saw membership of the Young Leaders Group in Europe increase by 60%. He highlights potential areas for future development, as well as sharing his top tips for those currently developing a career in real estate.
Episode two of our new monthly podcast series: “In on the Act” – in which Sarah Jackman discusses a legislative topic with a member of Falcon Chambers.
Tune in to hear barrister Martin Dray discuss the property-related aspects of the new Act, which received royal assent on 15 March and brings into force a new register of overseas entities and their beneficial owners.
He discusses the rationale behind the Act, its provisions, penalties for non-compliance and what affected parties and their advisors need to be thinking about in advance of it coming into force.
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down with the six members of its latest cohort of Future Leaders ahead of their grand showcase on 9 June.
Listen in to find out about their journey to becoming Future Leaders, their intense training with the excellent Ginger Leadership Communications and why you can’t afford to miss the grand finale at London’s Royal Institute on 9 June.
The EG Future Leaders programme began life as a D&I initiative aimed at showcasing how many very wonderful, talented women there are in the real estate sector - and to show other women, that they could be wonderful and appreciated in this sector too.
Today this is more than just a D&I event. Yes, the people you will see up on stage may well be from groups that are largely under-represented – currently – in the real estate sector. Yes, they all represent different facets of the built environment. Some may even talk about ED&I. But what this event is, is a money-can’t-buy insight into the power that real estate has to effect change.
This event – to which you are all invited – is a chance for those who want to succeed in a rapidly changing sector to lean in and learn. To thrive, to beat the competition.
These are real estate’s transformers. And you can’t afford not to see them.
Listen in to find out why and head straight to https://www.eg.co.uk/eg-events/future-leaders/ secure your free space at this unmissable event.
To find out more about EG Future Leaders programme, past and present visit https://www.egi.co.uk/futureleaders/
First, Jess Harrold is joined by deputy editor Tim Burke and head of content Emily Wright to round up the week.
Burke shares his considerable excitement for the opening of the Elizabeth Line, assessing its impact on real estate, and shares the rest of the latest headlines.
Wright offers some of the highlights of EG's latest ESG special, including biodiversity and the importance of stepping out of the echo chamber, to take the climate change message out to the not-yet-converted.
Then, Harrold welcomes Priya Aggarwal-Shah, founder and director of BAME in Property, and Lauren Doy, communications & engagement manager at Land Aid, to discuss an initiative they have been working on in the run up to World Menstrual Health Day.
Together, they discuss the steps being taken to provide access to free sanitary products for homeless women, and address the need for a wider conversation on menstrual health.
In this episode of the the EG Property Podcast, brought to you in partnership with DWF, EG editor Samantha McClary is in discussion with three experts from across the real estate sector to understand why everyone wants green leases to work but their take up remains low.
Listen in to this podcast, first broadcast as a webinar and available to watch (and read) at https://www.egi.co.uk/news/turning-over-a-new-leaf-for-green-leases/ to hear from Melanie Williams, head of real estate sector at DWFK, Kaela Fenn-Smith, managing director, ESG Consultancy & Sustainability Services at CBRE and Sophie Goddard, director of sustainability at Canary Wharf Group about why we need to fundamentally change our approach to green leases if the industry really is committed to sustainability.
A fascinating 45 minute discussion about why collaboration not conflict is key to making green leases - or something similar - work.
After years of delays and disappointment, London’s Elizabeth Line has finally opened. Real estate players have made bets on a boost to their assets right the way along the line, as travel times are slashed between various parts of the capital.
Shobi Khan, chief executive of the Canary Wharf Group, told EG deputy editor Tim Burke what the Elizabeth Line, or Crossrail, means for the estate. Canary Wharf is changing at pace – in the past few months it has announced a biodiversity tie up with the Eden Project, a new push to develop a life sciences hub, and a flexible office offering. There are many areas of London for which the Elizabeth Line too is said to be a game changer. Is that the case for Canary Wharf?
Jess Harrold is joined by deputy editor Tim Burke, news editor Pui-Guan Man and reporter Alex Daniel for the latest weekly round-up podcast.
Burke and Man tackle the cost of living crisis, rising inflation and what that means for the big agency's financial outlook, development costs and land values. Man reviews more of the week's major headlines, and Daniel talks about the collapse of modular housing provider, House.
But, in his final week at EG, how does Daniel assess the London office market he has covered with distinction... what is he going to be up to next... and how will he fare in his very special last EGLSM quiz?
Join the team in bidding Alex a very fond farewell... and discover whether conversation will turn to the Marble Arch Mound one more time.
On this week’s Bricks & Mortar, Sarah Jackman is joined by Vikki Aitkenhead, a senior associate at Hollis and Laura Chappell, a brand & comms executive at Hollis, for a look at their mentoring relationship and the benefits they derive from it – as a mentor and a mentee.
As initiator of the Hollis mentoring scheme, Aitkenhead reflects on how it was set up, its success since launching in 2019 and plans to develop it in the future. She describes the joy of watching her mentees progress and grow in confidence, as well as the ability to be able to give something back.
Chappell meanwhile highlights the benefits not only of taking part in a formal mentoring programme, but of being able to speak to someone who works in a completely different area of the business.
Jess Harrold is joined by senior writer Piers Wehner and reporter Evelina Grecenko to round up a busy week.
Wehner tackles the Queen's Speech (delivered by Prince Charles) and digs into what detail there is in the ensuing Levelling Up and Regeneration Bill - plus the political backdrop against which its policies have been formed.
Grecenko shares her big life sciences news on Breakthrough Properties and its WeWork-style lab concept.
But who will prevail in the quiz of the week?
This EG Property Podcast, brought to you in partnership with Savills and Shoosmiths, features a live recording from EG’s first back-in-real-life regional event.
Team EG headed to the wonderful city of Birmingham to discover just how the UK’s second city was going for gold as the countdown to the Commonwealth Games begins.
The Games, which take place in the city from 28 July, have already been helping Birmingham meet its potential as not just a leading UK city but on global stage too.
In this discussion EG editor Samantha McClary is joined by experts from across the city to understand more about how Birmingham is going to capitalise on the Games to ensure that the region and all of its residents and businesses prosper long term.
Listen in to hear from:
- Henrietta Brealey, chief executive, Greater Birmingham Chambers of Commerce
- Michael Davies, director, Savills
- Paul Kitson, strategy director – place, prosperity & sustainability, Birmingham City Council
- Tim Flight, partner, Shoosmiths
To find out more about EG’s Cities Live events, how you can get involved and join us as we traverse the country, visit www.eg.co.uk/eg-events/
Jess Harrold is joined by head of special content Emily Wright and senior writer Piers Wehner to round up the week, with a focus on EG's latest Tech special.
Wright shares what she learned at the CREtech conference about the importance of failure, why it's becoming a sought-after skill, and the fun that can be had at "F-up nights".
Wehner reports a sighting of what could be Europe's first tech unicorn, and talk turns to other highlights of the Tech special - including the innovations driving community engagement in planning.
In addition, Wehner tackles the week's major headlines, including the seismic impact of Amazon's £3bn Q1 loss.
But how will they fare when their tech credentials are put to the test in the marvellous quiz that can only be called "Metaverse or Multiverse?"
Logistics is still king in the West Midlands - despite the shockwaves created by Amazon’s strategic reassessment this week - with rents and capital values continuing to blossom, according to Siddall Jones managing director Ed Siddall Jones.
The company leads the way in the 2022 Radius On Demand Rankings for the West Midlands, with 306,782 sq ft of space transacted across 51 deals. Chief among these has been a 71,000 sq ft letting at Hawthorns70 on the Park Rose Industrial Estate in Swethwick to logistics operator World Depot Inc.
Siddall Jones says logistics is still taking up a “ridiculous” amount of space and rents are continuing to rise, with the only limit being the availability of stock. However, he expects specialist manufacturing to become a bigger part of the industrial picture as international supply chains come under increasing pressure. He also expects the Commonwealth Games to create a legacy that will benefit the region’s wider CRE market.
This week’s Bricks & Mortar guest is Joanna Lampert – a partner at law firm Mishcon de Reya, who advises on property disputes and sits part time as a deputy master of the Chancery Division, hearing cases in the Business & Property Courts.
In a wide-ranging discussion looking back at over 20 years in the profession, Lampert reflects on what she loves about this part of the industry and why “property litigation is not simply landlord and tenant law.” She highlights the breadth of work that she’s involved in, attributes her success to tenacity and commitment (something that has “never wavered”) and offers advice for those seeking to progress within a law firm.
Lampert acknowledges a lack of awareness amongst school age students of “what property lawyers actually do” and is keen to point out the benefits: “Property litigation is far more interesting than it might first appear. It exposes you to a challenging range of legal issues, it exposes you to a challenging range of business issues and I take great pride in being able to drive around the City of London pointing out the buildings that I’ve had some input into. It’s richly rewarding both for its legal challenges and also for the rich variety of what it involves.”
Jess Harrold is joined by deputy editor Tim Burke to round up the week's news.
Burke discusses Amazon's big plans for Cardiff, a major new scheme in Aldgate that has secured approval, more planning news from the City of London and the rest of the latest headlines.
And, in a special bank holiday treat, he shares his five-track (well, one is an album) real estate-themed hip hop playlist. Give the "Burke mix" a listen at https://open.spotify.com/playlist/7rvc3wbsf6iQb73iHTxJKq - and tweet us your suggestions for tracks to add @EGPropertyNews @_tim_burke
EG today launches a new podcast series – In on the Act – which will see a member of property set Falcon Chambers joining EG each month to discuss a legislative topic.
What better way to start the series than with a catch up with joint head of chambers – Guy Fetherstonhaugh QC – for a look at the recently enacted Commercial Rent (Coronavirus) Act 2022, which introduces a new arbitration scheme for the recovery of ring-fenced rent arrears (those incurred during the pandemic by business tenants that were forced by coronavirus-related laws to fully or partly close their business or premises).
Fetherstonhaugh discusses how the new Act works, the benefits of using arbitration to resolve rent disputes, the time frames that apply and Falcon Chambers’ work as an approved arbitration body under the Act.
Jess Harrold is joined by editor Sam McClary and news editor Pui-Guan Man for the latest weekly round-up.
McClary digs into the results of EG's fourth annual LGBTQ+ Attitudes and Actions in Real Estate survey, which, after a backwards step last year, shows some positive signs in 2022 - albeit still with much work yet to be done. Fingers crossed the whole industry can learn from the 27 companies named by survey respondents as exemplars of inclusivity.
Man offers an update on the ever-troubled landscape for retail and leisure, and shares the industry's reaction to plans that could force landlords to rent out vacant shops.
But is it time to stop using the word "landlord" altogether? This and other questions await in the quiz of the week.
In this week’s episode of Bricks & Mortar, Sarah Jackman catches up with Colliers’ Paddy Allen to discuss his work for Pathways to Property, which he chairs.
The not-for-profit initiative run by Henley Business School at the University of Reading and supported by stakeholders in the real estate industry to increase diversity, social mobility and inclusion within the sector, celebrates its 10th anniversary this year and has recently launched the programme for its 2022 summer school, which returns in person after going virtual during the pandemic.
Allen reflects on how the initiative has evolved over the last decade, the breadth of support and opportunity that it offers to participants, and the generational change that he ultimately hopes will flow from it.
In a bumper episode of EG's weekly round-up, Jess Harrold is joined by editor Sam McClary, head of special content Emily Wright and senior writer Piers Wehner for a veritable basket full of treats.
Wehner discusses the international trial of the four-day week, and how willing - or reluctant - real estate might be to embracing this employment revolution.
Wright rounds up the highlights of EG's latest talent special, including the growing impact of youth boards on the industry, and the pioneering climate-risk work being done by Lukky Ahmed's Climate X platform.
McClary shares her excitement at the launch of not only the latest Future Leaders program, but the 2022 EG Awards.
All that, plus this year's student essay competition and a quick tour through the headlines in the latest quiz of the week.
Michael Beckerman's efforts to inspire the real estate sector to tackle climate change are not always met with positive feedback.
The chief executive and founder of CREtech, which runs real estate tech conferences across the globe, says that the move towards real estate addressing ESG is clearer to see in Europe. But in the US there is further to go. "I get a tremendous amount of hate mail," he adds. It's venomous. There are the climate deniers - and these are often people from within the real estate sector. Then there are the people who ask 'why should I be paying for this?' It is really, really hard."
That is why, he says, CREtech is set on travelling outside of the States to cities like London and Copenhagen to discuss these issues and bring together the key players required to make significant in-roads in addressing some of the industry's thorniest ESG-related problems.
The hope is that the resulting intel will help to move the US market forward at a more rapid pace. Because, he adds, the time is now.
"Real estate doesn’t move organically. It moves when external factors force change. Change, right now, is being forced."
To hear more from Beckerman tune into the podcast or join him at CREtech London on 27th-28th April https://www.cretech.com/events or CREtech Climate in Copenhagen https://cretechclimate.com/.
The real estate industry continues to strengthen its commitment to investing in ESG-positive assets, offsetting carbon emissions and plans towards achieving net-zero targets. However, this initiative is not just about eco-friendly buildings, but the impact on the community including aspects of diversity. There are opportunities to make a social impact, that will contribute to building “smart cities”. This session will explore how ESG can be used to drive value, increase investment opportunities and how real estate can become sustainable champions.
Redefining real estate as a product rather than as asset could be the trick to tackling complex and overwhelming ESG targets, says the founder of one of Europe’s most active sustainable urbanism funds.
Speaking on an episode of Tech Talk Radio, Mikkel Bulow-Lehnsby, co-founder of Copenhagen-based fund 2150 said that property companies have been lulled into "short-term shareholder timeframes" and that 2150 has been set up to help the industry reframe the urban environment. "We should try not to see real estate as an asset, but as a product," he said on this episode of Tech Talk Radio. "We need to focus on how we make that product more sustainable, customer-centric and efficient."
Bulow-Lehnsby, who also co-founded European real estate investor NREP, added that anyone who is still part of the climate change problem within 10 years "won't have a business."
He was joined on the podcast by former Sidewalk Labs head of sustainability Nicole LeBlanc who is now platform partner at 2150. She said that with so much time pressure on the sector to embrace and fuel change fast, the noise within the industry around ESG can be overwhelming. She said that 2150's investors often come to them saying they have more than one tech company offering the same solution and they don't know where to start. "Don't get analysis paralysis," she said. "Put them all up against each other, work out what the outcome would be if you implemented each of them within your business. Ask for customer references and feedback. Pilot two of them if you still aren't sure. But you have to start somewhere."
For all of this and more on everything from first steps to the importance of funds and real estate firms sharing key tech solutions rather than curating technology for their own benefit, tune in to the podcast.
You can also join both LeBlanc and Bulow-Lehnsby at CREtech Climate in Copenhagen on May 17th-19th. Find more information and registration details here www.cretechclimate.com
In this week's EGLSM, Piers Wehner is joined by Pui-Guan Man and Alex Daniel to examine the latest gender pay gap figures and what they tell us about how well - or poorly - the real estate agency industry is addressing its challenges.
Along with a round-up of the news, there's the weekly quiz. Will all things, finally, be equal? Tune in to hear more.
There is no denying that wealth and opportunity needs to be spread more evenly across the UK, but does a focus on levelling up the country, run the risk of leaving London behind?
While the UK capital remains one of the most sought after areas for investment, London suffered throughout the pandemic and could run the risk of being left behind some of its global competitors if its importance in generating national revenue is dampened.
In this session we will investigate what impact the shift of investment from London to the regions could mean for the capital, where that shift is likely to be felt hardest and what needs to be done to make sure both London and the UK regions prosper.
The pandemic has significantly influenced occupier real-estate strategy, as priorities have shifted in favour of sustainability, wellbeing, and a smarter use of technology. Headquarters and general office relocation are a possibility for many and developers are incorporating new technologies and innovations that are attracting new tenants. Investment opportunities include firms interested in new life science offices as well as campuses. This session will explore the major redevelopments taking place in cities and how brands are making decisions on their next locations.
After a challenging year, we look at how UK cities are gaining foreign investment and their presence on the global stage. How has the pandemic, COP-26 and officially leaving the EU had on the value of investment in the UK from a global standpoint?
As property investors expand their portfolio past commercial spaces, there is significant appetite for capital investment into residential assets. In 2021, BTR investment poured into 26 different cities, compared to 15 in 2020 and just 11 in 2019. Which investment opportunities will bring high ROI, and deliver lasting income streams? Join us with the biggest BTR investors to discuss the value of investing in residential and the exciting next stages in this growing venture opportunity.
Not a day passes without a ‘working from home’ or ‘return to the office’ headline while companies continue to adopt a hybrid format for working. For most companies, the demand for physical space has been directly impacted, and many are questioning their commitment. Occupiers’ shifting priorities are having a major impact on the market. Our session will highlight these priorities including the use of technology, the importance of sustainability and what landlords can do to secure leasing opportunities.
The life sciences sector has built investment momentum for decades with investors and developers continuously looking for new opportunities. Over the past 21 months, the sector has seen significant capital investment and considerable demand. This competitive market is also facing challenges including the loss of life science professionals with more talent leaving the UK than entering. How will this sector grow and why should we invest in life sciences? Does our industry have a vision for innovation?
Someone has let Piers Wehner host EGLSM again, but at least Samantha McClary and Evelina Grecenko are on hand to keep the weekly round-up podcast on track.
Which is an apt phrase, as Sam tells us about the regeneration of the York Central railway lands... from a train. After 20 years of delays, the 111-acre scheme is breaking ground and making headway. And it is largely thanks to Homes England's new chief, Peter Denton.
Evelina has the info on the joint venture between Kadans and Canary Wharf, which will bring 750,000 sq ft of life science labs to the district in the form of a 22-storey tower.
But who will win the quiz of the week? And will Piers be able to keep count this time?
Netsanet Tsegaw, founder and principal of Ghebbi Associates in Ethiopia has recently become only the fourth ever person in Ethiopia to gain chartered surveyor status.
In this latest episode of Bricks & Mortar he reflects on his achievement, what it means to him to have achieved MRICS status and how he hopes to put his new skills to use over the coming years.
Neil Slater, global Head of Real Assets at abrdn, is taking over from Rob Bould with a focus on social impact. In this latest Future of Real Estate podcast, Slater explains his new approach to EG’s Damian Wild, who is also joining a refreshed LandAid board.
Jess Harrold is joined by the always entertaining Emily Wright and Piers Wehner for a fun-filled episode of the weekly round-up podcast.
Emily addresses the latest in tech, from her discussions with the groundbreaking Climate X, whose unique modelling helps predict the impact of severe weather events, to the updated deadline for entries to the fifth annual EG Tech Awards.
Piers offers an easy-to-understand definition of a proptech unicorn, and rounds up major news of the week, including a planning boost for Madison Square Garden and its proposals for a spherical arena in Stratford, to the impact of war in Ukraine on Raven Property Group, to the non-event of the chancellor's Spring Statement.
But as their knowledge of proptech start-ups and pop culture characters is put to the test, who will triumph in a high-stakes, high-hilarity game of Pop or Prop?
The industrial sector has been flying in Robin Hood county where its central location and strong connectivity make it an incredibly popular choice not just for logistics but for a broad manufacturing base, according to FHP Property Consultants surveyor Anthony Barrowcliffe.
FHP racked up an impressive 1.2m sq ft of transactions on the Radius On Demand Rankings in Nottinghamshire last year and industrial specialist Barrowcliffe was responsible for more deals across the broader East Midlands region than anyone, with 76 transactions to his name. It has already comfortably passed the 100,000 sq ft mark in the latest rankings for 2022.
Despite concern over global events and upwards pressure on inflation, interest rates and energy prices, Barrowcliffe says 2022 has started strongly and there are still huge logistics requirements in the market while the county is also strong in areas such as engineering, e-commerce and auctioneering.
In a special cross-Channel episode of the weekly round-up, Jess Harrold is joined by Sam McClary and Damian Wild, as they wait for pizza outside a restaurant in Cannes, to share their experiences from the eagerly-awaited return of MIPIM.
McClary details her long cycle ride to the event, raising money for charity, while Wild discusses the difficult sartorial decisions he faced while packing.
Both share their thoughts on how MIPIM has changed since it was last held, the key themes that have dominated conversation and their overall reflections on a very busy week.
But how well have they adapted to their surroundings? Find out, as their language skills are put to the test in a quick quiz we're calling "Pardon my French".
This weeks Bricks & Mortar sees EG’s Sarah Jackman catch up with Logicor asset manager Kerri Cox for a look at how, after leaving school with little knowledge of the real estate industry, she soon developed a passion for the sector and a career first in retail and latterly logistics.
Cox explains how she found working alongside studying, why moving sector has helped to expand her skillset and why being proactive can be invaluable in helping to gain the knowledge and expertise needed to pass the APC.
She reflects on how the industry has evolved in the last decade and offers practical advice on developing a career in real estate: “Grab whatever opportunity you can. Keep your eyes and ears open and make connections in the right places.”
In a bumper episode of the weekly round-up, Jess Harrold is joined first by head of special content Emily Wright and associate editor Julia Cahill, then by deputy editor Tim Burke and offices reporter Alex Daniel.
Cahill and Wright discuss the highlights of EG's latest UK Cities special, with the focus on what cities can do to bring people back after the pandemic, while Wright also shares her travel plans for MIPIM.
Daniel is also on his way to Cannes, with a busy schedule planned, while Burke has the latest on the fallout of the war in Ukraine and what it means for major agencies operating in Russia.
But, as Daniel and Burke go head-to-head in the quiz of the week, who will come out on top?
Jess Harrold is joined by news editor Pui-Guan Man and regional and life sciences reporter Evelina Grecenko to round up the week in real estate, and hopefully offer some welcome relief from the events in Ukraine.
Evelina shares details on the real estate firms fighting for the future of the Oxford-to-Cambridge arc, amid fears that it has fallen down the government's agenda.
Pui offers an update on the Bichard review into the RICS, and her preparations for MIPIM - including how the international condemnation of Russia's actions has affected plans for the event.
But, as the rest of the week's news is aired in the quiz of the week, who will emerge victorious in a close-run contest?
On this episode of Tech Talk Radio, head of content Emily Wright is joined by Cluttons head of research Sophy Moffat to explore the implications of a gradual "watering down" of connectivity targets at government level.
Following the release of the much anticipated Levelling Up white paper earlier this month, it has been noted that while connectivity and technology underpin much of the social advancements outlined within it, there is little focus on improvements to the technology itself.
In fact, says Moffat, the opposite is arguably true. "In the 2019 election manifesto from the Johnson government we had a pledge of 100% Gigabit connectivity to all UK premises by 2025," she says. "Later, in the November 2020 spending review we were told 80-85% of premises covered by 2025. Now, in the Levelling Up white paper, the most recent iteration of targets, we were told we would have nationwide access to Gigabit connectivity by 2030 and that the majority of the population will have 5G access by then. That’s added five years onto the Gigabit target and a good three years on to the target for 5G coverage. That’s where our concern comes from."
On this podcast Moffat explores some of the actions and steps the property industry and local authorities across the UK can take to tackle this issue from raising awareness to supporting the appointment of digital champions at local authority level.
"The sector needs to raise awareness around the fact that many crucial technologies will only be supported with 5G and Gigabit internet in place. Our research also shows that local authorities with digital champions in place and good digital strategies were much more likely to have an effective relationship with digital infrastructure providers and operators. The problem is that less than half of them actually have one in place."
For more on how real estate can, and should, tackle the watering down of connectivity targets and the impact this apparent step down on initial goals could have on the Levelling Up agenda more widely, tune in to this episode of Tech Talk Radio.
On this week's episode of Bricks & Mortar, Sarah Jackman is joined by Nigel Mapp and Sean Greathead from real estate consultancy firm MAPP, for a look at how they manage workplace culture and why people are at the heart of everything that they do.
The conversation ranges from the firm's approach to appraisals, to the revamp of its office space and the growth of MAPP's apprenticeship scheme; as well as the need to be human and why it's important to bring people back together again in 2022.
This episode of the EG Property Podcast launches a new series of monthly discussions focused on the redefinition of real estate.
Each month, various members of the EG team will be bringing you conversations with a wide range of people from across the built environment looking at why we need to change the way we think, talk and write about real estate if we want it to become more diverse and inclusive, be perceived in a better light and be taken more seriously by the powers that be in government.
Each discussion brings with it something of a real estate Room 101, in which we’ll be placing terms, practices and perceptions of the sector, as together we work towards our redefinition of what real estate is and does.
In this first episode, EG editor Samantha McClary is in conversation with James Raynor, chief executive of Grosvenor's UK property business James Raynor about why it is eschewing the moniker "landlord".
EG Magazine and EG Radius subscribers can add to this Real Estate Redefined aural experience by reading, written by James’s own fair hand, why Grosvenor is no longer a landlord.
Head to www.egi.co.uk/news today or pick up your copy of the magazine this weekend.
And if you’re not a subscriber, head to https://subscription.estatesgazette.com/eg-magazine to sign up now.
Jess Harrold is joined by deputy editor Tim Burke and London & offices reporter Alex Daniel for the latest weekly round-up - and both are full of fresh perspectives on the recovering office market.
Daniel has the details on Canary Wharf's entry into the flex office market with its new offering, MadeFor - discussing what it will bring to the area, and whether it is better late than never.
Burke shares the latest figures from JLL's Big Six report on office take-up recovery in the regions - and what he learned from talking with Savills' new national head of office agency.
But, as they go head-to-head in the quiz of the week, who will come out on top?
All that, plus some recommended listening for a lazy Sunday afternoon.
Jess Harrold is joined by head of content Emily Wright and (eventually) editor Sam McClary for the latest weekly round-up podcast, this time focusing on the content of our latest ESG special.
Wright discusses the "can-do" theme of the issue, concentrating on how to make the changes we need, since the time is passed for asking why we need to.
McClary logs on to share her thoughts - and those of Kaela Fenn-Smith, managing director of ESG and sustainability services at CBRE - while conversation turns from vertical farming to the importance of peacocking.
But how will Wright and McClary fare in the quiz of the week - and how close attention do they pay to each other's bits?
Millions of visitors escaped to Cornwall throughout covid in search of big horizons and rolling landscapes and its leisure sector is reaching new heights, but so too are its less traditional high-tech industries at the forefront of marine and space engineering, according to Miller Commercial partner Tom Smith.
Miller Commercial comfortably leads the Radius On Demand Rankings for Cornwall, with 221,859 sq ft of space transacted across 97 deals in 2021. The industrial sector has provided particularly rich pickings, with a huge variety of occupier types taking space.
With 55 space engineering companies already in the county and with one of the longest runways in Europe, Smith believes there are solid foundations in place for the county to become a major hub in aerospace development. The core challenge, however, will be in finding sites ready for development, both for commercial and residential use.
On 14 February, proposed amendments to the Building Safety Bill were announced by Michael Gove in a bid to help resolve the cladding crisis. Among them, a proposal that could see developers and product manufacturers blocked from the housing market through the refusal of planning permissions and building control sign-off on developments, should they fail to contribute to the cost of repairs to buildings.
To discuss the proposals from both a leaseholder and developer perspective, EG's professional and legal editor, Sarah Jackman, is joined by Andrew Parker – construction partner at Forsters – and Ryan Didcock – senior associate in the property litigation team at Forsters.
They look at the detail of the proposals, the timeline for Bill and next steps that each party should consider.
This week, Sarah Jackman catches up with Isabelle Hease – chief executive of Visitor Insights – about her recent appointment as chair of young professional network BPF Futures.
The pair discuss her plans for the network at what Hease describes as a “pivotal time” following the pandemic and how those who have less than ten years’ experience in the industry can benefit from getting involved in the events, networking and mentoring opportunities that membership provides access to.
She outlines her plans to grow the organisation’s reach, particularly at regional level, and explains why ensuring that all members of the BPF network understand the benefits of qualifying employees joining Futures is a priority for her tenure.
Hease also reflects on her own experience of getting started in the industry and has advice for anyone getting started in real estate today.
Jess Harrold is joined by news editor Pui-Guan Man, residential editor Emma Rosser and reporter Evelina Grecenko for the latest weekly round-up podcast.
Pui shares some major news on the world of bricks and mortar retail, Emma reacts to the latest minister through the revolving door of housing, and Evelina shares news on Deloitte's regional crane survey and the life sciences sector.
But as the team bids a fond farewell to Emma, find out how well she knows her own stories in a very special quiz of the week.
In the first Bricks & Mortar episode of 2022, its host Sarah Jackman talks to James Doyle, an apprentice at Paul Airey chartered surveyors and Rebecca Bickerton, Head of Apprenticeship Outcomes at UCEM, to mark National Apprenticeship Week.
The pair – who are the recipients of UCEM’s Built Environment Apprenticeship Awards as Apprentice of the Year and UCEM Staff Member of the Year respectively – discuss the benefits of taking the apprenticeship route to qualification, how apprentices and their employers can be supported through the process and why balancing work and study can enrich the learning experience.
In this week’s round-up of news from Team EG, Piers Wehner steps in for regular host Jess Harrold to help the real estate industry get to grips with the long-awaited, much-anticipated Levelling Up paper.
Guiding him through the details are Emma Rosser (who has pored over much of the 300-plus page document so that you don’t have to) and Tim Burke (who hasn’t, but who shares his fond memories of a rap concert in Wolverhampton in the mid-90s and wonders how much the city will be changed if its levelling up goes according to plan).
A sprawling mix of occupier types, from television production companies through to coffee roasters and innovative retailers, is fuelling demand across all property classes in Bristol and the city is looking ahead with confidence, according to Burston Cook director Charlie Kershaw.
Burston Cook is one of the few regional independents focused solely on the Bristol market and it tops the Radius On Demand Rankings in terms of deal numbers, with 68 transactions across the line in 2021.
Kershaw says the city’s television industry is snowballing, with an existing talent pool pulling in ever greater numbers of new occupiers, translating into demand not just for office space but for industrial units which are used as studios. He also says independent retail is particularly strong, with a boom in the suburban market helping Bristol realise its ambitions of reducing car use.
Jess Harrold is joined by Tom Weekes QC, of Landmark Chambers, and Caroline Priest, partner at Royds Withy King, to discuss the Court of Appeal decision in Bath Rugby Ltd v Greenwood and others [2021] EWCA Civ 1927; [2021] PLSCS 220 - a dispute over stadium redevelopment plans.
Weekes and Preist, who acted for the successful appellants, explain the restrictive covenant at the heart of the case, and what the courts had to say about a complex area of the law.
In addition, they set out the implications of the Court of Appeal decision, both for Bath Rugby's redevelopment and the wider field of restrictive covenants.
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by five riders and supporters of the annual Cycle to MIPIM.
The ride, produced by Club Peloton, is back after a pandemic-induced hiatus with a new route but the same important purpose – to raise vital funds for a collection of important charities.
With each rider committing to raise £3,000 for Club Peloton, the not-for-profit can support a number of charitable projects for Coram, Cyclists Fighting Cancer, Top Ap Rhys Pryce Memorial Trust and Multiple System Atrophy Trust.
Knight Frank, a long-time supporter of the ride, is headline partner this year with the firm using the charitable endeavour to honour the memory of partner – and legend of the Cycle to MIPIM – Will Monk following his unexpected passing last year.
In this episode, two new recruits to the ride from Knight Frank Charlotte Swearman and Rachel O’Brien, join previous riders and team sponsors Neo Cambarro from Lockton, Gareth Atkinson from Civic Engineers and Mike Axon from Vectos, share their thoughts on what the ride means to them, the importance of the ride as a more sustainable way to travel to Cannes and what you might have to talk to them about if you get stuck next to them too long in the peloton.
To find out more about Club Peloton, the charities it supports and to donate to any of the riders taking part in this year’s ride, visit https://www.justgiving.com/clubpeloton
Jess Harrold is joined by news editor Pui-Guan Man and London & offices reporter Alex Daniel for the latest weekly round-up podcast.
Man and Daniel tackle the end of Plan B, the return to the office and how the industry is embracing hybrid working.
Man discusses the need for planning reform to address a national shortfall in industrial and logistics space, while Daniel offers an update on the London office market.
But, when they go head-to-head in the quiz of the week, only one can prevail.
Jess Harrold is joined by James Souter and Lauren Fraser, partner and senior associate at Charles Russell Speechlys, to discuss the Supreme Court decision in FirstPort Property Services Ltd v Settlers Court RTM Co Ltd and others – a dispute involving the right to manage and service costs on a large estate in London.
Souter and Fraser advance the main arguments relied on by the parties, and discuss how they were addressed by the Supreme Court - as well as the implications of the decision for estate landlords and RTM companies.
The experts' views on how technology should support real estate investment strategies
Now more than ever, it’s vital that investors and investment managers, of all types and sizes, have the tools and processes in place to allow for confident, accurate decision-making and a visionary approach to long-term strategy.
There’s never been a better time to review your approach to data and analytics, and to ask some tough questions about whether long-standing processes are still fit for purpose, or whether they might be holding back your most insightful decision-makers.
In this roundtable, Tim Burke is joined with James Pellatt from GPE, Arik Kogan from MRI Software and Manreet Randhawa from Nuveen Real Estate to discuss modern approaches to data and analytics, leveraging technology and using strategic planning solution to support future investment strategies.
Jess Harrold quizzes Piers Wehner about his recent journey into a virtual world, and asks him to answer the crucial question: just what exactly is the metaverse?
Wehner paints a vivid picture of what he found in his exploration of Decentraland, how EGLSM listeners can pay their own visit, and the opportunities that are enticing investors to spend millions on virtual property.
But, while he's been spending all his time in a digital world, has he been keeping up to date with current events in real estate? Find out as he is put to the test in the quiz of the week.
An app in isolation does not equate to a smart building. And yet, over the past six months, activity around tenant engagement platforms has rocketed both in terms of adoption and investment. Following the peak of the pandemic, occupiers and landlords alike have raced to employ every tool in their armoury to attract staff back to offices across the globe. Seamless entry to your building at the click of a button? Done. Heating and ventilation tailored to your personal preferences? No problem. A free coffee and pastry one day a week? You’re welcome. Anything to lure people away from the comfort of their own homes.
It’s not really about complimentary croissants, though. The real currency here, and the one these engagement platforms will rely on when it comes to determining whether they ultimately fail or succeed, is data. And while an app may not a smart building make, mass adoption of an app linked to a smart building platform might. With the right technology in place, the more people you can encourage to sign up to your building app. This means the more insight you have into how they are using the space and, in turn, how your asset can be more efficiently managed. If a free hot drink can bring just a few extra users onboard, that’s well worth its weight in coffee beans.
At a time when workforce trends have never been in such a state of flux, this level of building intelligence has been upgraded from a nice-to-have to commercial real estate gold dust.
If there is anyone who understands the value of tenant app adoption, it’s Dan Drogman. Along with his team, the founder and chief executive of software platform Smart Spaces has integrated the company's software system into just under 40 million sq ft of real estate across the world. “Adoption is the key to those really useful data sets,” he says. “You need to have adoption within your platform and this is the biggest challenge that occupier engagement apps will have to overcome.”
So how do you drive that adoption? With over 8000 people already signed up to Smart Spaces’s workplace app at AXA IM Alts’ 195,000 sq m 22 Bishopsgate, EC2 mere months after the building officially opened its doors, Drogman is the man to ask.
Tune in to hear more.
Real estate firms and organisations must act as quickly as possible on adopting all of the changes proposed in Peter Pereira Gray’s independent report into investment valuations for the RICS, or risk facing another review down the line with a much tougher outcome for the industry, according to experts taking part in today’s episode of EG Property Podcasts.
Pereira Gray’s report has made 13 recommendations designed to boost compliance, after evidence of conflicts and their management were assessed. The RICS standards and regulation board has pledged to implement all of these at “different speeds”.
The new rules are also designed to be a “wake-up call” for the industry and establish a system fit for the “changing world”. But are they far-reaching enough to help build trust in valuations and solve the big issues facing valuers?
EG’s news editor Pui-Guan Man is joined by Andy Pyle, UK head of real estate at KPMG, Claire Magowan, head of portfolio valuation at Savills, Ollie Saunders, head of UK commercial valuation at alternatives at JLL and Charles Smith, chairman of UK and cross border valuation and advisory at Cushman & Wakefield to discuss what the industry needs to tackle next, as well as the report’s wider implications for real estate.
Jess Harrold is joined by Pui-Guan Man and Damian Wild for EG's latest weekly round-up podcast.
Man and Wild share their thoughts on the long-awaited Independent Review of Real Estate Investment valuations and what it means for RICS going forwards.
In addition, Wild addresses the recent announcement that he will leave EG later this year to take on a new role as managing director of PR and communications agency ING - including his personal reaction to the industry's response, and what he has planned for his last six months at EG.
But when our news editor takes on our director of market development in the quiz of the week, who will triumph?
The North East has powered through the pandemic thanks to the indomitable spirit of its people and is set to emerge with its streets reinvented with a flavour of continental Europe, believes Bradley Hall senior surveyor Nick Bramwell.
With 58 deals across the line in 2021, Bramwell is last year’s leading individual dealmaker for the North East, while Bradley Hall sits in fifth place overall in the Radius Rankings for Tyne & Wear and first in Northumberland in terms of transacted space.
Bramwell believes the rise of independent retailers – helped by developments such as Stack – gives people something different to try when they come to the cities of the North East, and this is helped by developments such as the pedestrianisation of Grey Street in Newcastle where a café culture can emerge and make it a stylish, European-style city.
He also explains how the recent takeover of Newcastle United could have profound implications for the city’s commercial property offering.
Jess Harrold and EG editor Sam McClary start the year by sharing their enthusiasm for Lego, and addressing her four major themes for real estate during 2022.
McClary shares her views on the importance of leadership, the need for better communication - particularly with the government - and the fast pace of transformation. But which is the fourth key word for 2022 that gives her the "warm and fuzzies"? Tune in to find out - and to hear her pitch the Lego Group for an EG interview.
Jess Harrold is joined by EG editor Sam McClary, deputy editor Tim Burke, head of content Emily Wright and news editor Pui-Guan Man to review 2021 in a very special episode of EG Like Sunday Morning.
From family festive traditions, discussion soon turns to some of the highlights of another challenging year - and, inevitably, some of the real estate disappointments along the way.
But what are the teams hopes for the sector in 2022? And, as the awesome foursome split into two dynamic duos, which team will triumph in the climactic quiz of the year, with questions culled from the EG headlines of each month?
Real estate companies large and small are mapping out sustainability strategies as the climate crisis escalates. For many the challenge is not just what tomorrow’s business must look like, but how today’s business can prove resilience in the face of growing threats.
In this podcast EG’s guests discuss climate resilience in the real estate industry; the social impact of sustainability strategies; how real estate companies, the businesses within their supply chains and their customers are collaborating; and the opportunities around data and analytics that can mitigate risks.
Joining deputy editor Tim Burke are Janine Cole, sustainability and social impact director at GPE; TwinView’s Rob Charlton; and Samantha Carlsson, senior sustainability manager at Derwent London.
Legal & professional editors Sarah Jackman and Jess Harrold present their annual podcast round-up from the courts, counting down their top 10 property law cases of 2021.
From a raft of Covid-fuelled disputes - including CVA challenges, unpaid rent claims and the rise of pandemic clauses - to surveyor's negligence, empty property rates and service charges, it has been another busy year for litigation.
But which judgments will make EG's official list of the biggest and best? Find out together with Jackman, Harrold and a few very special guests, each offering their expert insights on the cases that defined 2021.
For the final EG Like Sunday Morning episode of the year, Jess Harrold is joined by editor Sam McClary and London & offices reporter Alex Daniel to round up the week.
Daniel reflects on his year covering the City and the office market, and how the sector is coping with the impacts of the Omicron variant, before taking the opportunity to look ahead to 2022.
McClary shares details of the inspirational speeches from EG's Future Leaders event, now available in video form on our website - and her joy at attending the similarly uplifting Story of Christmas, an annual festive fixture in the real estate calendar.
But who will triumph in the ever-competitive quiz of the week?
Frost Meadowcroft director Shaun Wolfe says 2021 was the year occupiers realised working from home was no longer viable and this has seen an office recovery in West London gain momentum after a very tough 2020.
Frost Meadowcroft, an office specialist which mainly operates across a three-mile radius around Hammersmith, has transacted 238,530 sq ft of office space so far this year, with a further 50,000 sq ft set for completion over the next month. This represents an uptick in fortunes compared to 2020 when volumes were below 200,000 sq ft and less than half that of the previous year.
Wolfe says many companies are realising home working as a full-time option is far from optimal and that they need to take office space, albeit in lower volumes than pre-pandemic times. He also says landlords are rethinking the shape of the space they offer, with West London now boasting office buildings more akin to hotels in terms of the open space and gym facilities they contain.
In this episode of the EG Property Podcast, EG editor Samantha McClary takes a look back at EG’s Future Leaders event, which took place on 7 December and saw 8 amazing individuals from across the real estate sector get up on stage, with no notes, and deliver a Ted-style talk.
All eight talks were honest, delivered straight from the heart and underlined just how much talent exists in this industry and how, if we listen to people like Tanya Coen d’arcy from JLL, Robin Didier from Ellandi, Clare Grimes from Octopus Real Estate, Jenny Offord from Homes England, Zaman Sheikh from Babergh and Mid Suffolk District Council, Deborah Green from Oxford Properties, Georgina Watt from Taylor Wessing and Alex Woolmore from Argent, the future of the sector is looking bright.
Reminiscing on the evening are Taylor Wessing’s international head of real estate Paul Lawrence, JLL’s head of UK project, cost and NZC design Aimee Baker, and head of HR at Savills, Noel McGonigle.
Listen in to this 50-minute podcast, to find out more about why these 10 minute talks mattered so much and just why the Future Leaders project is such a positive for the property industry.
The industrial market is booming in the super-connected county of Hampshire but with a coastal boundary and two national parks to contend with, land has never been in shorter supply, according to Hellier Langston director Andy Hellier.
Hellier Langston is the highest-placed regional agent in the Radius On Demand Rankings for Hampshire with 444,162 sq ft transacted so far this year across 37 deals. It operates from offices in Fareham, near Portsmouth, as well as Southampton.
Southampton, which is the UK’s second biggest container port, is linked via the M27 to Portsmouth, itself a major passenger port, and this motorway connectivity is rare along the south coast and makes it attractive to the logistics and shipping services sectors. Hellier says the office market is also in tentative recovery, although he believes the pandemic means the days of single-let office buildings in the county are over.
The biggest challenge, however, is land. In Portsmouth particularly, which is a densely populated island, there is no land available and Hellier hopes planning laws can be made more flexible to help remedy this.
Jess Harrold is joined by senior writer Piers Wehner and EG's new reporter Evelina Grecenko for the latest weekly podcast round-up.
Grecenko introduces herself to EGLSM listeners, and shares her experiences from her first three weeks covering her challenging patch, comprising both life sciences and the North.
Wehner reviews his week of early mornings covering property news in the UK press, and some of the stories set to have major impacts in the coming weeks and months.
But who will triumph in the quiz of the week?
In this episode of the EG Property Podcast EG editor Samantha McClary is talking to Nick Searl from Argent, Sarah Cary from Enfield Council and Nick Hanmer from Club Peloton to take a look behind the rides that so many people in the real estate industry will have taken part in.
Club Peloton is the charity behind the Cycle to Mipim, PedElle and Cycle to Mapic events and while these and other rides may be the visible side of Club Peloton, it is so much more than that. Club Peloton raises vital funds for various charities and brings people together from across the real estate industry to build valuable connections.
In this 20 minute listen learn about the future direction of the charity and how you can get involved if you want to help bring that vision to life, find out about the benefits that being part of the Club Peloton family can bring not only to the vulnerable young people its supports but to your professional career too.
And listen out for how club membership might lead to a very special moment in bed with a certain property journalist.
In EG’s final wellbeing and mental health podcast of the year, our guests explore how company leaders can prioritise wellbeing from the top of a business – often through making clear their own vulnerability and sharing their experiences.
Deputy editor Tim Burke is joined by Judith Everett, executive director for purpose, sustainability and stakeholder at the Crown Estate; Davina Goodchild, chief executive of LionHeart; and Guy Harrington, chief executive of Glenhawk. In their 35-minute discussion they outline not only how their companies have worked to prioritise wellbeing, but also talk openly about their own challenges and how they have faced them.
Following hot on the heels of COP26, EG’s professional & legal editor, Sarah Jackman, is joined by Ian Wilkinson and Jonathan Mills, from the international real estate and infrastructure group at law firm Osborne Clarke, to discuss the publication of a new report commissioned by the firm: Sustainable disruption: 12 decarbonising technologies for cities.
The three look at the report’s findings, what the move to decarbonisation means in practice for the firm’s clients and how that translates into the legal process.
Jess Harrold returns to EG's weekly round-up podcast, inviting editor Sam McClary and head of content Emily Wright to talk talent.
McClary airs her views on the importance to real estate of understanding the wants and needs of the best-and-brightest from all walks of life, and Wright shares highlights from this week's Talent special - including the advantages of embracing neurodiversity and her must-read interview with four inspirational execs rising like phoenixes from the ashes of US tech giant Katerra.
Plus, excitement builds for next week’s EG Future Leaders event – but, as their skills are put to the test, will Sam or Emily triumph in a closely-fought quiz of the week?
Jess Harrold looks ahead to next week's Supreme Court appeal in Fearn and others v Board of Trustees of Tate Gallery [2020] EWCA Civ 104; [2020] EGLR 14 - a high-profile breach of privacy claim brought by neighbours to the Tate Modern gallery, complaining about a viewing platform that offers panoramic views of London - together with Charles Russell Speechlys partner James Souter and associate Megan Davies.
Each taking a respective side, Souter and Davies rehearse the arguments set to go under scrutiny by the Supreme Court justices - and they don't pull their punches as they debate the key question of whether the law of nuisance can or should be extended to breach of privacy by overlooking.
On 11 October, the RICS announced changes to its professional Rules of Conduct, which will come into force in February 2022. Ahead of the change, EG’s Bricks & Mortar host, Sarah Jackman takes a look at the detail and what both its members and APC candidates need to do to ensure compliance.
Joining her for a look at the detail are Christine O’Rourke, head of conduct standards at the RICS and Charlotte Neal, director of surveying standards at the RICS.
Tune in to hear the background to the changes, the technical detail and what they will mean for its global membership.
When US-based tech giant Katerra shut down operations in June, it sent a ricochet through the construction technology sector.
After raising billions of dollars’ worth of funding, the Softbank-backed modular pioneer collapsed under debt following the pandemic.
Now, four of the group's former executives have joined forces once more to lead the US roll-out of another modular start-up, one much closer to home. On this episode of Tech Talk Radio, EG head of content Emily Wright is joined by Janet Stephenson, Kassi Mast, Eva Talbot and Jennifer Caldwell; the Seattle-based team which will run the US arm of London start-up Modulous.
The expansion follows Modulous’s £5m capital raise from investors including Blackhorn Ventures, Cemex Ventures, Groundbreak Ventures, Goldacre and the UK Government's future fund.
For more on how these four former Katerra executives plan to harness their pre-existing skills to lead this expansion and why being a team of four women was a happy coincidence based on talent and talent alone, tune in to this week's episode of Tech Talk Radio.
In this week’s round-up of news from the team at EG, deputy editor Tim Burke hosts as a poor man’s Jess Harrold, and is joined by news editor Pui-Guan Man and residential editor Emma Rosser.
The trio discuss Landsec’s moves to pick up a new outlets portfolio as well as a piece of the Bluewater shopping centre; Bradley Baker’s promotion to chief executive at developer Co-Re; the L&G executive with the most fun job in real estate; and more. Disastrous driving lessons and car racing in the Square Mile also make an appearance, although not together.
Finally, there’s a slightly-less-well-thought-out-than-usual quiz in which – spoiler alert – everyone really is a winner.
Hybrid working looks to be here to stay. That not only means that offices need to work harder than ever before to lure tenants back but a wide range of other asset classes must up their connectivity game.
On this episode of Tech Talk Radio, EG head of content Emily Wright is joined by Wiredscore president William Newton and Watkins Jones head of divestment and asset management George Dyer to discuss just that.
Wiredscore research has revealed that over half of Europeans consider their internet to be better at home than in the workplace. As the world gears up to embrace hybrid working, it is clear there is more to be done to ensure that connectivity is supporting hybrid working across a number of asset classes including offices, BTR and purpose-built student accommodation.
"The key thing now for us as developers is to design places where people want to live and a critical part of that now is also where people want to work," said BTR and student accommodation developer Watkins Jones' Dyer. "For us, connectivity is a key part of that as well as looking at how we can integrate things like business lounges and co-working spaces into our buildings and really create an environment where people are happy to live and work."
Newton said: “Looking to the future, we don’t think the productive home-working we saw during the pandemic was a temporary shift. This is a new way or work and a better, more constructive way for people to live their lives. We are now incredibly well set up for remote work and landlords should be thinking very carefully about setting it up for people who want it.”
On this episode of Tech Talk Radio, EG head of content Emily Wright speaks to Insurami chief executive and founder Majed Chaaraoui and head of partnerships Jack Sibley.
Launched in 2019, Insurami effectively operates as a large-scale Deposit Guarantee platform for commercial real estate and is currently used by companies including The Howard De Walden Estate, Level39 and Huckletree.
Rather than forking out a hefty deposit in one go, tenants pay a monthly fee to the platform for a Deposit Guarantee. This then pays out to the landlord – up to the maximum cover value of £600,000 – if there is a default on the lease.
Off the back of last month's announcement that Fasanara Capital has joined existing investors including Global Founders Capital, Entrepreneur First and Clocktower Ventures in a £42m raise to facilitate Insurami’s expansion, the duo reveal what those growth plans will entail.
They also explain why they believe their tech solution will release billions of pounds worth of otherwise illiquid funds caught up within the real estate sector.
The office market in Cambridgeshire is flourishing as rents head towards the £50 psf level but a shortage of available land could hamper future growth, according to Bidwells senior surveyor George Craig.
Bidwells leads the Cambridgeshire On-Demand Rankings for transacted space, with 822,813 sq ft disposed so far this year. It is a market led by the technology cluster that has formed around Cambridge University which seeks to attract the best talent the various colleges produce.
One of the biggest success stories this year has been Roku, which specialises in streaming services including Peloton, whose growth through the pandemic has seen it expand from 20,000 sq ft to 116,000 sq ft. Craig expects the £50 psf barrier to be broken early in the new year, but says landlords will need to think creatively about repurposing existing stock as land is in short supply.
Jess Harrold is joined by deputy editor Tim Burke and news editor Pui-Guan Man for the latest weekly round-up podcast, with good news on the menu.
Tim discusses how the real estate industry appears to be recovering from the worst of the Covid-19 crisis, with the latest results showing some major players turning profits and occupiers eager to take space.
Pui digs into details on British Land's largest half-year profit since 2015, and tackles more of the week's news.
But who will come out on top in the quiz of the week?
The latest episode of the EG Property Podcast continues our Investing through Auctions series with a practical podcast focused on how to buy in the new normal
The pandemic saw a massive shift to online auctions and brought with it a rise in newcomers to the auctions market.
In this 30-minute episode EG editor Samantha McClary chatting with head of sales at 574 Max Mason and managing partner of Harold Benjamin Vijay Parikh to learn more about how to buy at auction, the increasing importance of due diligence, how to make sure you get the very best deal – and don’t get carried away – and how online auctions are proving to be key in attracting a more diverse buying group to real estate.
Last week, the government introduced its anticipated legislative proposals on commercial rent arrears recovery for debts accumulated during the pandemic. They take the shape of the Commercial Rent (Coronavirus) Bill – introduced into Parliament last week – and a new Code of Practice for landlords and tenants.
To discuss the background to the proposals, the detail contained in the draft legislation and what it will mean for landlords and tenants, EG’s professional & legal editor, Sarah Jackman, is joined by Helena Davies, property litigation partner at law firm Brabners.
Listen as they get to grips with the scope of the proposals and how the proposed new legally-binding arbitration process might work in practice.
In this week’s episode of Bricks & Mortar, EG’s Sarah Jackman is joined by Nina Zeilerbauer and Clare Coe of real estate recruitment specialist Madison Berkeley for a look at the employment market in the real estate sector.
They attest to one of the busiest periods that they’ve ever seen, with lots of people – of all levels and across a range of sectors – on the move for a variety of different reasons. As a result, attracting new staff and retaining existing employees has become increasingly important, with factors such as remote working and flexibility playing a key part in the discussion.
Both stress that communication is central to understanding the needs of existing employees and that counter-offering to someone who is intending to move elsewhere often isn’t productive.
Tune in for the full discussion and their thoughts on the direction of the employment market over the coming months.
Jess Harrold is joined by deputy editor Tim Burke and London & offices reporter Alex Daniel for a wide-ranging round up of the week's hot topics.
Daniel updates listeners on the office market and the surging interest in 22 Bishopsgate, including from Apple - and explains why controversial tower, The Tulip, has failed to get off the ground.
Burke tackles the future of flex with the latest from some major players, and highlights some powerful content in this week's magazine featuring trans people in real estate sharing their stories, including the EG Interview with District Technologies founder, Lee Butz.
Harrold himself weighs in with the details on the Covid rent arrears arbitration process introduced by the Commercial Rent (Coronavirus) Bill - then puts his colleagues to the test in the quiz of the week.
In this episode of the EG Property Podcast EG editor Samantha McClary sits down with JLL UK chief executive Stephanie Hyde and global head of sustainability services and ESG Guy Grainger to reflect on two weeks of COP26.
Both relocated to Glasgow for the full duration of the event, attending numerous discussions to make sure they were learning more about exactly what real estate can and needs to do to ensure that it plays its very important role in helping to solve the climate challenge.
In this 20 minute discussion, they share invaluable insights from COP26, what has inspired them most and why now is no longer the time for pledges and goal-setting but for real and thoughtful action.
When the pandemic gripped in March last year, the nation's auction rooms fell silent. Bidding, buying and selling went online and gavel-wielders had to become instant masters of more sophisticated technology.
But what was it like for the ballroom-junkies to suddenly have to adapt to a virtual world? And what, if anything, would they keep as we head back to the auction room?
EG's senior writer Piers Wehner talks to Allsop partner Richard Adamson, Mountview Estate's head of sales and acquisitions John Herne, and Prideview's principal Jesal Patel to find out whether the future of auctions is in or out of the room.
As COP26 continues in Glasgow, EG’s Sarah Jackman takes a look at how the dilapidations process can be made greener. Joining her to discuss the topic are Jon Rowling, technical partner and dilapidations specialist at TFT, Siobhan Cross, real estate dispute resolution partner at Pinsent Masons, and Allan Clark, head of sustainability and facilities compliance at Pinsent Masons.
Rowling discusses why green dilapidations are receiving increased interest and highlights measures that could be adopted to make the process less wasteful, while Cross discusses how a more sustainable approach – such as retaining an existing fit out – could work from a legal perspective. Clark provides the occupier perspective and reflects on achieving the right balance between acting sustainably, while at the same time safeguarding business interests.
The industrial market in Kent is enjoying its strongest ever year thanks to ease of access and hugely competitive rental values, according to Caxtons Commercial director and head of commercial agency Mark Coxon.
The Radius On-Demand Rankings for Kent reveal Caxtons Commercial has transacted almost 220,000 sq ft across 20 deals so far this year. Chief among these have been two 70,000+ sq ft lettings to Argos and DHL.
Coxon says M25 industrial rents in Kent are 50% the level seen at prime sites to the north and west of London, despite journey times to the city centre being the same. Some 3.5m sq ft of industrial space was let across the county this year compared to just 850,000 sq ft last year. The biggest challenge is finding development land, something not helped by some potential sites being bought by the government for use as lorry parks.
Jess Harrold is joined by head of content Emily Wright and, dialling in from Glasgow during COP26, editor Sam McClary for a lively conversation on environmental, social and corporate governance matters.
McClary sends her message to the sector that real estate can and should be leading the fight to solve the climate crisis, while Wright offers her thoughts on what ESG means for real estate.
In addition, they discuss the highlights of this week's timely ESG special in the pages of EG and online.
Jess Harrold is joined by partner Michael Stacey and associate Pauline Lam, both from Russell Cooke, to discuss the recent county court ruling in Fairhurst v Woodard – a nuisance and breach of privacy claim between neighbours which involved use of Ring doorbell cameras.
Stacey and Lam address the breach of privacy and data protection issues raised by the case, how they were handled by the judge, and the implications for residential landowners looking to protect their properties.
In addition, they consider the position for commercial landowners.
Haunted by technical difficulties, delivery people and other distractions, Jess Harrold is joined by editor Sam McClary and residential editor Emma Rosser, all in high spirits for a Halloween episode of EG’s weekly roundup – including their bleary-eyed rundown of all the fun of the EG Awards.
McClary shares her experiences of co-hosting the event with actor David Harewood, and Rosser talks through her bumper build to rent special in the latest issue of EG.
But will these brave victims survive the horror of the quiz of the week?
Chancellor Rishi Sunak has outlined his spending plans for a “new economy post-Covid” – but what will his Autumn Budget mean for real estate?
With business rates, housing, planning, levelling up and REIT taxes among the key points, there is plenty that the industry will need to digest.
In this Budget special, news editor Pui-Guan Man is joined by Melanie Leech, chief executive of the British Property Federation, Mark Prisk, former housing minister, strategic adviser to Handley House and chair of Saltaire Housing and Vivienne King, chair of the Shopkeepers’ Campaign to discuss what lies in store for property – and the missed opportunities.
Jess Harrold is joined by head of content Emily Wright and EGLSM debutant Phoenix Deutsch, recruitment account manager and member of EG’s diversity and inclusion committee, for the latest weekly podcast.
Deutsch talks through the extensive work being done internally on D&I at EG, including our new mission statement - and shares her own views on the state of equality in the sector.
Wright shares major merger news from the world of tech, and discusses the powerful new article series Unheard Voices, which offers a "safe space" for those who have suffered from discrimination, harassment and other mistreatment in real estate to tell their stories anonymously
Take up of logistics space in the West Midlands is at almost twice the five-year average but uncertainty created by Brexit, Covid and a global shipping crisis are increasingly forcing occupiers to ask for short term leases thus presenting difficult decisions for landlords, according to Darby Keye director Chris Keye.
Darby Keye is a niche industrial specialist which has nevertheless risen to second in the Radius On Demand Industrial Rankings for the West Midlands region after transacting 605,174 sq ft of space so far this year. Only JLL has disposed of more space in the West Midlands, where geography makes it a competitive marketplace for the logistics sector.
Keye says pent up demand, exacerbated by a shortage of available space, means that landlords are frequently able to hang out for long term leases, but some units are being taken for as little as three months as occupiers look for short term solutions to ride out the current supply chain chaos. He believes the industry needs to work more closely with occupiers to deliver space best suited for their future needs.
This week, Bricks & Mortar host Sarah Jackman is joined by Hollis’s head of ESG Consulting, Katherine Beisler, for a catch-up on its new junior board.
Established earlier this year with the intention of nurturing talent and increasing diversity of thought within the organisation, Beisler reflects on her own experience of being elected to the 12-strong board.
It’s an opportunity that has helped her to foster greater contacts within the organisation and hear a range of different perspectives, as well as broadening her understanding of what’s going on within the business.
Tune in to hear the full discussion.
“You can’t avoid it. It is here to stay.”
John Davies, head of sustainability at Derwent London, knows that the ESG agenda is now inescapable for real estate companies large and small.
In this 30-minute podcast, recorded as part of EG’s upcoming ESG special, deputy editor Tim Burke is joined by Davies, DWF senior partner Melanie Williams, Stride Treglown sustainability director John Wright, and Evora co-founder Ed Gabbitas to discuss the challenges in embedding an ESG strategy into a property business — and their advice for businesses making their first moves in this area.
For more ESG news, analysis and commentary from EG, head to https://www.egi.co.uk/sustainability/
Jess Harrold, Emily Wright, Pui-Guan Man and Tim Burke make their triumphant return to EG's recording studio for a full-spirited reunion in the first ever in-person episode of EG Like Sunday Morning.
Pui and Tim round up the major news stories of the week, Emily airs her views on the return to the office, and the whole team share their lockdown indulgences and life-changing experiences from the pandemic.
In this second of two EG Property Podcasts looking at the power of difference, EG editor Samantha McClary asks whether real estate has really moved from tolerating difference to embracing and celebrating them.
Joining her in this 40 minute discussion are Sasha Covington, chief operating officer in JLL's UK valuation advisory business, Michael Toft, head of care homes at Octopus Real Estate and Canary Wharf Group's managing director of people and culture Jane Hollinshead.
Listen in as the trio discuss how much further real estate needs to move and what actions it has to take if difference really is to be celebrated.
On the latest episode of On the Case, Jess Harrold is joined by Nick Trompeter QC, of Selborne Chambers, to discuss the decision in London Trocadero (2015) LLP v Picturehouse Cinemas Ltd and others [2021] EWHC 2591 (Ch); [2021] PLSCS 165 – a significant unpaid rent claim arising out of the Covid-19 pandemic.
Trompeter, who acted for the successful landlord, addresses the defences to the claim raised by the cinema chain tenant, and how the High Court dealt with each of them.
In addition, he looks at the implications of this judgment together with earlier unpaid rent rulings, considers whether any real grounds of defence are left open to tenants, and offers his thoughts on whether his type of claim may be pursued by more landlords.
For the latest Future of Real Estate podcast, Damian Wild joins an investor tour of Birmingham to learn how the city is pitching inward investment opportunities. The council is the 20th biggest land owner in the country and, with the Commonwealth Games and HS2 on the horizon, believes it is on the cusp of a golden decade. He asks leader Ian Ward and interim chief executive Deborah Cadman why they believe their investment story stacks up.
As London returns to its pre-pandemic bustle, under the surface lies a changed city. The experience of the past 18 months, and the increasing importance of sustainability and work-life balance, has led to a fundamental rethinking of the office and workspaces more generally.
Or has it?
In this episode of the EG Property Podcast, EG editor Samantha McClary is in discussion with Matt Flood, head of occupier markets at LandSec, Mark Shepherd, a partner at DWF and James Shannon, chief product and technology officer at Essensys to uncover more about what the role of the office really is, what is it that is most important to occupiers and how can technology and collaboration ensure that London remains a resilient city.
Listen in to find out.
In this first of two linked EG Property Podcasts, host EG editor Samantha McClary talks to Real Estate Balance managing director Sue Brown, head of HR at Savills Noel McGonigle and Pierre-Etienne Accarier-Francoz, an associate in the development team at Oxford Properties about changing attitudes to difference in the real estate sector.
This 30 minute listen covers everything from how working environments are changing to reflect the needs of a more diverse workforce to whether the industry has moved from tolerating difference to embracing.
Sometimes the first step towards progress is being totally, even brutally, realistic. And when it comes to an issue as complex and politically sensitive as delivering affordable housing in a city like London, a healthy dose of realism can work wonders - especially for those who are committed to finding solutions to this thorny, and increasingly pressing, problem.
Realism is what will ensure laurels are not rested upon. It is what will drive those who want to make a change to differentiate between what Government says and what Government does. Realism, for all its grounding in the sensible and pragmatic, is what could drive the creativity we desperately need.
“Those organisations out there that truly want to deliver affordable housing are just going to have to find creative solutions to do that,” said Square Roots managing director Barbara Richardson on an EG podcast focussed on how the industry can deliver more quality, reliable and affordable accommodation in the capital and how it can better service the frontline workers on whose service the city depends. “In the next three to five years I really don’t think the political system is going to help very much,” she added. “While I would like to think they are behind us, speaking about something and putting it into practice are two very different things.”
Tune in to hear more from Richardson, The Lowe Group's Tim Lowe and Dolphin Living chief executive Olivia Harris on how creative solutions from the industry will be the driving force behind instigating real, long-term change when it comes to delivering affordable housing solutions for London's keyworkers.
In this episode of the EG Property Podcast, EG editor Samantha McClary is talking all about London’s continuing attractiveness as an investment hotspot with Rasheed Hassan, head of global cross border investment at Savills, Katherine Ekers, a partner in the commercial real estate team at Forsters and James Edwards, managing director of Evans Randall Investors.
Over the next 30 minute conversation Hassan, Ekers and Edwards share their insights on how investor interest may have changed as we start to rebound from the coronavirus pandemic, how ESG are three letters on everyone’s lips and just how confident London can feel for its future prospects.
All that and much more as we ask, how do investors see post-pandemic London?
In this episode of the EG Property Podcast we turn our attention to the increasingly fascinating world of life sciences. The UK life science sector was thrown into the spotlight during the coronavirus pandemic as experts in Oxford, Cambridge and London lead the way on vaccines.
But there is more to life science than vaccines. And there is certainly more to life sciences in the UK than just the golden triangle.
EG editor Samantha McClary is joined on this episode by a trio of experts – Emma Goodford a partner at Knight Frank and head of national offices with an increasing focus on the life science sector, Stuart Grant, Co-Founder of CoreLife Investors, adviser to Brookfield’s Real Estate Group, and CEO of Harwell Campus with some 25 years of real estate experience to draw on and Richard O’Boyle, executive director of We are Pioneer, with some 17 years of investment track record.
Over the next 30 minutes they discuss the power of the web that life sciences can bring to the UK. About how success is not just about the Golden Triangle and clusters but about an interconnected collaboration of innovative businesses that can together turn the country into a centre of excellence.
It is a fascinating listen with a bounty of insights to take away. Listen in and enjoy.
On World Mental Health Day, deputy editor Tim Burke and offices reporter Alex Daniel join host Jess Harrold for another weekly round-up, including an extensive look at the results of EG's latest Wellbeing Survey.
Tim digs into the detail of the survey results, not least the effects that the pandemic and home-working have had on the real estate industry's collective mental health - and the further impact anticipated from a return to the office.
Speaking of which, Alex has major news that underlines the rising appetite for office investment in the city - and shares a particularly smart example that may be heading onto the market.
But can these two titans of property knowledge be separated in the quiz of the week? And can Jess shamelessly shoehorn in a plug for the EG Striders Steptober fundraising efforts for LandAid? The answer to that last question is absolutely yes:
http://join.landaid.org/fundraisers/EGStriders
Ahead of this week’s World Mental Health Day, EG has published the findings of its third annual survey of wellbeing and mental health in the real estate industry.
As companies explore whether a return to some degree of post-Covid-19 normality is now possible, we wanted to know about real estate professionals' wellbeing during the pandemic.
In this 35-minute podcast, EG deputy editor Tim Burke is joined by Juliet Smithson, head of operations at LionHeart; Louise Ashley, human resources business partner at Savills; and Clara Dawson, HSE and wellbeing business partner at The Crown Estate.
Our guests discuss the findings of this year’s survey and the wellbeing lessons real estate should take from the pandemic.
For more wellbeing and mental health coverage from EG, head to our dedicated hub.
Retail is bouncing back with a bang in Wiltshire with vacancy rates plummeting and a slew of independent operators offering a bright glimpse of the future, according to Myddelton & Major partner in commercial Dean Speer.
Myddelton & Major, which operates mainly across south and mid-Wiltshire as well as neighbouring Hampshire and Dorset, comfortably tops the Wiltshire Radius On Demand Rankings in deals numbers, and sits a close second for transacted space in the county. Its core market is Salisbury, which last year became the UK’s first full fibre city, and Speer is optimistic about the future.
Speer says retail void rates in Salisbury, which had to overcome the effects of the Novichok poisonings before covid arrived, have fallen from 12% - 8% as independents – including a fishmonger – take space across the city and occupiers line up for vacant BHS and Debenhams units. Industrial is also a strong performer with occupiers ranging from specialist art companies to suppliers of Japanese garden products.
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by a quartet of experts to discuss the role that the booming life sciences sector could and should be playing unlock social value across the UK.
Life science clusters have been successful at creating high-value jobs, but are often dependent on outside recruitment, so how can developers, universities and entrepreneurs ensure they maximise ‘social value’ for local economies - including employment, educational and supply chain opportunities?
EXPERT PANEL:
- Ryan McKenzie, associate director, economics and planning, Savills
- Steve Duffield, site director, Wilton Centre
- Dr Thomas Meany, CFO, OpenCell
- Jane Holt, business development director, University of Southampton Science Park
JLL's launch of JLL Short Stays in partnership with Lavanda last month is set to plug a gap in the market with a platform "to rival Airbnb".
JLL director Sam Winnard and Lavanda's chief executive Frederik Lerche-Lerchenborg joined EG's Emily Wright on the latest episode of Tech Talk Radio to reveal the thinking behind the launch and why they believe the residential sector needs to be better when it comes to embracing flexibility.
The new booking platform has been launched to offer business and leisure travellers professionally managed and fully flexible short-term rental accommodation in the UK.
"We realised there is a huge amount of demand for medium term, quality inventory," said Lerche-Lerchenborg. "People are relocating. People are in between long-term tenancies and the relationship with the office is changing. People are increasingly looking to book 3-month or 6-month stays, especially around the UK. But finding that high quality inventory is very difficult.
"We have a whole load of different partners including JLL clients but also other big asset managers like Greystar and Blackstone which means we have a lot of inventory."
JLL's Winnard adds: "With the short and long let markets, it has become more confusing as to what sits where. Applicants are coming to us with demand for 4 or 5-month tenancies. Ultimately we are seeing a closing in of two markets that aren’t as polarised as they once were."
The duo added that while Airbnb has dominated the short stay space for a number of years, they are hoping to access a more specific area of the market as people hunt for corporate relocations.
"Logging on and booking via an app like the Airbnb experience is what people want," said Lerche-Lerchenborg. "It is the perfect moment in time for this as the real estate market is maturing and we can deliver this technology to create a platform people want.
"I'd say to anyone looking for this sort of flexibility 'don’t accept the residential market as it is. Ask for more, ask for better and demand flexibility'."
Senior writer Piers Wehner and court reporter James Lumley join Jess Harrold for EG's latest weekly round-up.
Lumley tackles a pair of major judgments arising out of the pandemic - an unsuccessful challenge to the Caffè Nero CVA, and a ruling that the Picturehouse chain must pay up for rent arrears at its flagship cinema at London's Trocadero.
Wehner looks at Labour's conference pledge to scrap business rates, and how the industry has responded to such an ambitious plan - and, as the country is gripped by a fuel crisis, shares what he has learned about electric vehicles and the "chicken and egg" problem standing in the way of more widespread adoption.
“Simplicity is the ultimate sophistication.” So said Leonardo da Vinci, a man who knew a few things about problem solving. As the application of technology and digital innovation to solve problems within the real estate sector continues to dominate strategies across the board, the power of simplicity comes into increasingly sharp focus.
Of the many efficiencies offered by real estate tech, using digital technologies to expedite long-standing processes remains one of the most business critical. And while the rationale behind this strategy is simple, actually implementing the right tools for the job remains a challenge.
Fitting then, that this should be the discussion point for our latest episode of Tech Talk Radio. EG Head of Content Emily Wright was joined by Teresa Lee, vice president of Roundhill Ventures, managing director of Search Acumen Andrew Lloyd and Marcus Moufarriage, founder and chief executive of Ility to talk about how even the simplest ideas need careful execution.
“It is pretty well known that the real estate sector is quite behind in tech adoption,” said Roundhill Ventures’ Teresa Lee. “That means a lot of the things we are seeing now are what we perceive to be quite simple. But that also means there are a lot of opportunities to move the needle quite quickly. So, it is a great thing the technology is here, even if it is a little behind other industries.”
Ility’s Marcus Moufarriage agreed adding: “I think it’s a good thing there is movement at all because there has certainly been a tendency for owners and the real estate sector more generally to say 2we took the risk, we built the building. Now we are getting 20% and we will just go to the Cotswolds and come back in 15 years when your lease is up and renew you. It used to be a very light touch and very low service. But that’s changing.”
Search Acumen’s Andrew Lloyd said: “There has been no real pressure on the industry to change until recently. If you look at any sector that has gone through modernisation or digitisation it always starts with the simple, time-consuming things first and then moves its way into more complex operations. But you have to do the simple stuff first.”
True. But that doesn’t mean it is any easier to tackle these problems in the first instance. Steve Jobs once famously said: “Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple.”
So, how can the real estate sector clean up it’s thinking?
The answer really comes down to necessity. The panel universally agreed that the pandemic has left real estate with no choice but to innovate and, by default, find that simpler state of mind and start to break down straight-forward problems. The biggest challenge will be separating out the tech companies with something to offer, and those cashing in on an industry now under intense pressure to change. Quickly.
Search Acumen’s Lloyd said: “There are lots of firms jumping into the space. There are many solutions to problems that don't exist out there.”
Ility’s Moufarriage agreed although added that the pressure is on the tech side fo the equation too, now more than ever. “It always amazes me that the smoke and mirrors gets as far as it gets,” he said. “I don’t think 2021 will be the year things unravel but I think next year it probably will for those who can’t actually deliver when real decisions are being made. Ongoing uncertainty means that decision-making process is a bit stalled right now so I think there is still room to wing it a bit. But if you are out there not really solving a problem and what you offer is not digital transformation but is just dressed up as that then the cracks will start to show.”
So those are some of the pitfalls. The panel also took some time to consider the signs of success. How does a real estate business measure how impactful their tech strategy has been? How do they know when they have played their cards right?
“Question number one, are we still in business?” This is how Search Acumens’ Lloyd would kick off the analysis. “Have we survived? Are we able to trade and continue to be successful in our market space? Are we winning market share over our competition? Is this tech working for us as an investment?”
Roundhill’s Lee added: “You need to set very specific goals for whatever technology you are trying to implement. So if you are implementing a new property management system, then you should know what you expect like decreasing the cost by 25%. The goal should be as tangible and specific as that. Treat it like any other project.”
South Wales is building back from the pandemic with a raft of industrial start-ups and with leisure operators keen to fill vacant space on the high street, believes Fletcher Morgan associate Matthew Jones.
Fletcher Morgan is the highest placed regional independent agency in the Radius On Demand Rankings for South Wales with 338,699 sq ft of space transacted across 40 deals so far this year. Jones, meanwhile, has done the third most individual deals (22) for the whole of Wales, with only Knight Frank’s Neil Francis and Mark Sutton having done more.
Jones says the office market has been the toughest in living memory but is starting to spring back to life, albeit with occupiers less interested in conventional leases. Small industrial units, meanwhile, are selling in their droves to local occupiers and the industrial estates of South Wales are now high on the priority lists of investment funds. Meanwhile, a variety of leisure occupiers are setting up in the high street, helped by the fact some 20% of the population of Cardiff are students.
In this 30-minute episode of the EG Property Podcast, something of a sequel to PedElle Power: Fundraising, bond building and making women more visible in real estate , EG editor Samantha McClary sits down with Avison Young’s Emma Turnbull, SEGRO’s Annabel Freeman and Simple Works’ Sinéad Conneely to share what the ride meant to them, what it means more widely for women in the built environment and how important the fundraising the event does is to charities like Coram.
For those that might not know, the annual PedElle is a charity cycle ride for women across the built environment organised by Club Peloton. The ride, which raises money for Coram and brings women in real estate together, took place in the Cumbrian hills on 16,17 and 18 September.
Some 35 women cycled more than 400km and climbed close to 7,000m (Everest, for comparison, is around 8,800m) over the three days. On day one, the cyclists were treated to The Struggle, an infamous climb in the Lake District that offers both lung and thigh-busting gradients.
However, it was those tough climbs that reminded everyone on the ride exactly why they were there – to help the thousands of children who are struggling through life to find forever families and safe places to grow up.
So far, the riders have raised more than £38,000 for Coram. If you’d like to help them top £40,000, please click here to donate.
The ride was made possible with support from Avison Young, Citygrove, DP9, Forsters, Knight Frank and Legal & General Investment Management
Residential editor Emma Rosser joins Jess Harrold for EG's weekly round-up.
Delivering a tour de force on resi issues, Rosser tackles the industry reaction to Michael Gove's new gig; his rebranded title as secretary of state for levelling up, communities and housing; and some of the major items on his rather long to-do list.
In addition, she looks at the BTR reaction to the plans for a residential developer property tax (or resi deve levy, as it should be known), the rise and fall of The Collective and a new player entering the housing field.
But, as she faces a one-off return to the classic quiz format, has she been paying attention to the remaining news of the week?
Ever wondered about how to get started on the journey to becoming a chartered surveyor? Or how to receive formal qualification after building up your work experience in the industry?
This week, Bricks & Mortar host, Sarah Jackman, catches up with Jen Lemen – chartered surveyor and author of a recently-published book on the subject – to find out what the options are for those getting started on their journey.
They discuss a range of topics from what it means to become chartered to the benefits of doing so, as well as exploring the various routes including T-levels, A-levels, apprenticeships, graduate schemes and work experience. Jen reflects on her own experience of becoming chartered and offers practical tips for taking the next step.
Jess Harrold is joined by Tim Burke and Emily Wright for the latest weekly round-up podcast.
Emily, making her eagerly awaited EGLSM debut, discusses her return to EG post-maternity leave, and the "crash course" in tech developments she undertook to get up to speed with a fast-moving sector... ensuring she could hit the ground running with this year's biggest ever EG Tech Awards.
Tim tackles the big story of the week — the government reshuffle that saw Robert Jenrick out as housing secretary, and Michael Gove in. How has the industry reacted to the news?
But, when EG's deputy editor and head of content go head-to-head in the quiz of the week, who will win the day?
In this episode of the EG Property Podcast, EG editor Samantha McClary wants you to close your eyes and image the scene. Because this episode is all about the moving picture. Audio is great, but one thing that the pandemic has taught us all is that asa global community, we love to consume TV and film.
Film studios have more than just their big box, tall ceiling, no pillar physicality in common with sheds, the sector – like logistics – is booming. And nowhere more so than in Enfield. A part of London becoming so synonymous with TV and film production, that those in the business have re-named the North London borough, EnFlix.
Listen in to this 50-minute conversation with Mark Bradbury, director of property & economy at Enfield Council, Becky Butler, head of operations at Location Collective, Helena McKenzie, head of inward investment & business development at Film London and Dan Holford, technical development director at SEGRO, to out more about how Enfield is making sure it can feed the increasing demand in the area for film and TV studios, what this growing sector of the market means for the regeneration of the borough and how the UK is fast becoming the place for TV and film production.
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by Louise Ellison, outgoing group head of sustainability at Hammerson, and Richard Wilson, vice president of debt & capital structure advisory at Lazard, to talk all about the rise of green financing in real estate.
Wilson, who advised Hammerson on its recent sustainability-linked bond, provides a dummy's guide to bonds, the difference between, green-, ESG- and sustainability-linked bonds, and a valuable insight into the future of green financing.
Ellison talks about what the sustainability-linked bond will mean for Hammerson and how it further underlines the REIT's commitment to combating climate.
All that and much more in this 30 minute listen.
A year after prime minister Boris Johnson and housing secretary Robert Jenrick proposed the biggest shake-up to the planning system, the industry awaits the Planning Bill.
Since the release of the planning white paper, a number of policies including the new standard methodology, affordable housing exemptions and permission in principle on small sites have already been vetoed and adapted. As reports anticipate further culling of controversial zoning and targets, industry experts weigh in on the biggest priorities for reform and accompanying new legislation in the coming months.
EG residential editor Emma Rosser is joined by Ian Fletcher, director of real estate policy at the British Property Federation, and Victoria Hills, chief executive of the Royal Town Planning Institute.
In this 30 minute episode of the EG Property Podcast, EG editor and long time PedEller Samantha McClary sits down with three riders to find out more about the powerful impact the ride has had, not just for the charities it raises money for, but for the growing group of women in the built environment that are joining the PedElle club.
The ride, run by Club Peloton, raises much needed funds for children's charity Coram, and this year is taking place on home turf. Over three days, some 40 women from across the real estate sector will ride more than 430km in the Lake District, Forest of Bowland and Yorkshire Dales and summit almost the equivalent of Everest.
Listen in to hear how Natasha Rees, head of property litigation at Forsters, Alexandra Milne, director at DP9, and Emma Turnbull, an associate director in the leisure team at Avison Young, have been preparing for the ride, how the PedElle network has become more than just a cycle challenge and what being able to raise money for vulnerable children means to everyone involved.
If you'd like to help the riders raise money for charity, visit https://justgiving.com/campaign/pedElle2020
Every penny counts.
Jess Harrold is joined by news editor Pui-Guan Man and former EG editor (now director of market development) Damian Wild to review the week.
Damian shares his experiences in Cannes, at September's slightly smaller scale MIPIM event, and his hopes of a return towards normality next March.
Pui outlines the findings of Alison Levitt QC's 467-page report into the governance of RICS, the fallout at the organisation and the industry reaction.
But, up against a serial winner, can Damian claim glory in his first ever appearance in the quiz of the week?
With improved connectivity, an influx of wealthy occupiers an abundance of space with which to supply the Cambridge technology sector, Norfolk is poised for take-off according to Arnolds Keys managing partner Guy Gowing.
Arnolds Keys is the stand-out performer in Norfolk’s Radius On Demand Rankings with 222,232 sq ft of space transacted and 38 deals across the line so far this year, putting it ahead of the rest of the Radius community on both counts. This has principally been driven by an industrial sector responding to the pandemic as well as post-Brexit stockpiling and by an office sector that has held firm since the worst days of lockdown.
Gowing outlines why Norfolk can become a part of the Oxford Cambridge Arc, how rents are now at a level to justify speculative development, how a focus on wellbeing will benefit the county, why Norfolk is the new Gloucestershire and even whether Alan Partridge has been a blessing or a curse.
Jess Harrold, Samantha McClary and Piers Wehner discuss the results of EG's second annual Race Diversity in Real Estate survey, which suggest that, while plenty of words have been spoken on the topic, the industry is failing to take the necessary action.
As McClary offers insights into the survey responses, Wehner looks at a "lost decade" for Tottenham, 10 years after the London riots.
With its centralised location, ease of access to the motorway network and abundance of attractive countryside, Worcestershire is proving hugely attractive to occupiers and rentals are now at record levels, according to John Truslove director Ben Truslove.
John Truslove is way out in front of the rest of the Worcestershire Radius community in terms of deals numbers, with 56 signed off so far this year, and it sits second only to JLL in transacted space. Individually, Ben Truslove has done the most deals (62) across the broader West Midlands region.
Truslove says he has been surprised by the speed of recovery post-lockdown although he warns this may be tempered by the shortage of commercial land within the motorway corridors. He believes authorities need to have a strategy for releasing more land in order to provide employment for the occupiers of the housing developments springing up across the county.
Plans to create a Westfield in the south were officially binned this week, as Croydon Council confirmed that the mega project, so long in the making, was not in its post-Covid future for the London suburb.
Who is to blame for this apparent inability for Croydon town centre to get its much needed facelift? Is it the developers - Hammerson and Unibail-Rodamco-Westfield? The council? Could it even be John Lewis's fault?
In this special episode of EGLSM, editor Samantha McClary dials in for a chat with a man who spent his formative years in Croydon, Damian Wild, to get his very special and personal take on just what went wrong and what Croydon and the real estate community need to do now.
The focal point of discussions about the Oxford-Cambridge Arc can sometimes fall upon the cities at either end. But the region has so much more to offer.
In this podcast, recorded as part of EG’s Vision for the Arc event, our guests discuss the economic opportunities throughout the area and the work that will need to be done as a framework for the region is formed - including what real estate can bring to the table.
EG deputy editor Tim Burke is joined by
- Rachel Dickie, executive director, investment, Grosvenor Britain & Ireland
- Peter Horrocks, chair, South East Midlands Local Enterprise Partnership
- Gareth Jacob, managing director, Countryside
- Alberto Martin, chief executive, London Luton Airport
A years-long initiative to map out a fresh vision for the Oxford-Cambridge Arc is now officially underway with the launch of a public consultation on the future of the area.
In this podcast, recorded as part of EG’s Vision for the Arc event, our guests discuss the economic opportunities ahead for the region, the role real estate can play in ensuring success, and the innovative approach being taken to the consultation process to ensure as diverse a group a voices as possible is heard.
EG deputy editor Tim Burke is joined by
- Iain Gilbey, partner and head of residential, Pinsent Masons
- David Marks, managing partner, Brockton Everlast
- Patrick McMahon, senior partner, Bidwells
- Liz Peace, chair, Old Oak and Park Royal Development Corporation and former chief executive, BPF
Jess Harrold is joined by Sam McClary and Alex Daniel for the latest weekly round-up podcast from the EG team.
McClary addresses the depressing findings of the IPCC's latest report on climate change, the role that real estate has to play - and the even greater responsibility that we as individuals have to take for the scale of the problem.
Daniel returns to the topic of the Marble Arch Mound to share his discussions with experts on the public realm lessons that can be learned from the new landmark that has failed to meet expectations.
But can he scale the heights in this week's quiz of the week and finally come out on top?
Modern methods of construction have long been hailed as the solution for some of the housing industry’s biggest challenges, whether rising construction costs, lack of labour or speed of delivery.
But never has a challenge been so grave as climate change. This week, MMC was put back into the spotlight when the United Nations warned of a “code red for humanity” - a call to action that the real estate industry must now answer .
Responding to the seven-year report, industry experts have called for greater support for net zero homes and MMC production.
In this podcast EG’s residential editor, Emma Rosser, is joined by Patrick Bergin, chief financial officer at ilke Homes, Hannah Holmes, research associate at the University of Cambridge and co-author of the report Deploying Modular Housing in the UK from Places for People and Andrew Shepherd, managing director of TopHat .
The group discuss the benefits of MMC, the barriers to growth and getting housebuilders on board.
Jess Harrold is joined by Clifford Darton QC and George Woodhead, both of Selborne Chambers, to explain the recent Court of Appeal decision in Ralph v Ralph [2021] EWCA Civ 1106; [2021] PLSCS 135 - a case involving an application for rectification of the Land Register.
Darton and Woodhead, who acted for the successful appellant, outline the facts of this father-and-son dispute that arose after a cross was entered in a box on the TR1 form stating that they were to hold the property "on trust for themselves as tenants in common in equal shares”.
Together they summarise how the Court of Appeal decided the case, and the requirements for rectification of the register.
In addition, they consider the wider implications for cohabiting homeowners - including detailed analysis of two unanswered questions left by Ralph that are ripe for further litigation in future.
Most cases concerning rectification for common mistake relate to commercial contracts. But the question that arose in was whether a Land Registry form TR1, signed by the transferors, but not by the transferees, should be rectified to remove a manuscript cross from the box stating that “the transferees are to hold the property
The trial judge took the view that neither of the transferees had ever intended that they should be joint owners in equity. They were father and son – and the son was a party to the purchase in 2000 because his father could not obtain a mortgage advance on his income alone. He did not contribute to the purchase price, or to the mortgage repayments, and it was wholly improbable that his father was gifting half of the property to him – thereby excluding any interest which his siblings or their mother might otherwise have in that share and giving him an immediate right to an occupation rent from his parents. It followed that the son did not have any beneficial interest in the property, which was held for his father alone.
In this 30-minute episode of the EG Property Podcast, EG editor Samantha McClary sits down with tech leader and investor and founder of SuperPitch, Joyeeta Das, and Ayesha Ofori, founder of PropElle, investor and Goldman Sachs alumna, to talk about investing, entrepreneurialism and diversity.
Women, particularly women of colour, are massively under-funded as founders, they are often disregarded, not because of their business plans – which as you’ll hear from Das in this conversation, are often more considered and considerate, but because they are female. Often it is not on purpose, often it is not conscious, but often it is the case.
But instead of just talking about the issue, Das and her crew of supporters are doing something about it.
SuperPitch is a global cross industry initiative to eliminate the biased access to capital for under-represented founders, particularly women. The founders have committed to driving investment of $5bn in under-represented founders by 2026 by partnering with investors, mentors, influencers and experts.
To find out more about SuperPitch listen in and visit www.superpitch.co.uk
This week’s episode of Bricks & Mortar sees host Sarah Jackman catch up with Terry Watts, CEO of the Chartered Surveyors Training Trust, and Suzanne Thorne, head of geography at Dunottar School in Reigate, Surrey.
Sarah and Terry first spoke around 12 months ago about the launch of a new initiative – My Environment My Future – a schools programme promoting the built environment and careers within it to those taking GCSE geography. A year later and the programme has been accessed by around 200 schools – exceeding Watts’s original hope and making it, he believes, the biggest schools programme in this sector.
But he’s not stopping there. He’s upped his projection for the coming year and, in the next five years, hopes to reach half of all schools in the UK. Thorne – who has helped put together the materials – can attest to their usefulness in the classroom, not only in helping to highlight the the career possibilities to students, but in helping to support teachers provide that insight.
Hear them discuss the provision of careers information for the built environment, how the programme fits within it and how it has been received so far.
In EG's review of the week, Jess Harrold is joined by news editor Pui-Guan Man and offices reporter Alex Daniel.
Pui discusses Hammerson's new four-pronged strategy and Alex summarises the headline points of our London office market analysis for Q2 - and together they tackle more of the latest news.
But only one can triumph in the highly competitive quiz of the week.
A red hot logistics market has powered the North East’s industrial sector through lockdown but an exciting future beckons for manufacturing, particularly in green technology, believes Naylors Gavin Black partner and industrial specialist Keith Stewart.
Stewart leads the way in the North East’s individual dealmaker rankings with 396,000 sq ft of space transacted so far this year while Naylors Gavin Black sits at the top of the region’s industrial rankings. He says the demand for space is now so strong that occupiers are forced to look beyond the region’s historic hotspots of Gateshead, Washington and Newcastle.
The North East was recently given a boost with Nissan’s announcement of a £1bn Gigafactory - the region’s second – and Stewart believes the area can develop further as a major hub for green technology, not just through the companies that will be attracted to the area by Nissan but also through the development of offshore wind power and partnership with the region’s universities.
Jess Harrold is joined by Samantha McClary and Alex Daniel for the latest weekly round-up from EG.
Alex doesn't hold back in his assessment of London's new attraction, Marble Arch Mound - which has had a rough opening week. Thankfully, he is more optimistic for longer term plans to rejuvenate the Oxford Street area.
Meanwhile, Sam offers an update on the ever growing "big green giant" that is CBRE.
Together, they tackle more of the latest news that has been keeping them busy - but who will triumph in the always nail-biting quiz of the week?
With its ease of access to four major motorways, Berkshire’s logistics sector has “gone wild” this year and its industrial market is busier than ever, according to Page Hardy Harris director and co-founder Nick Hardy.
According to the Radius On Demand Rankings, PHH has done more deals (48) than anyone else in Berkshire this year and key to this has been a bullish industrial market which exists partly in response to the pandemic but also because of some notable occupiers far removed from the world of logistics. Thames Valley also has a flourishing digital technologies sector and Hardy sees huge potential in its life sciences offering.
Hardy, a chartered environmentalist with a doctorate in marine geophysics, also outlines ways in which the industry can ameliorate its environmental impact, believing developments need to offer free charging points for electric vehicles as standard and also be future-proofed so they can have a much longer lifespan.
Jess Harrold is joined by Joanne McIvor, property partner at Edwin Coe LLP, and Rachel Titley, associate director quantity surveyor at Adair Ltd, as they share their professional perspectives on the future of the office.
Titley explains how workplaces will combine the best of physical proximity with the best of digital efficiency – “phygital” for short – and why she believes there will always be a need for the office.
“It comes down to community,” she says. “That’s what being in an office engenders. It is like being with your own little family. I want to walk in and feel welcome.”
McIvor talks through the impact on landlords on the changing demands of occupiers, and the importance of cooperation with tenants – and agrees on the desire to spend some time in a communal workplace.
“The office is the nucleus of where we learn from others,” McIvor says. “It’s a platform for collaboration, it’s a source of friends and a social life... respite from those we live with...a reason to get out of the house.”
The real estate fund of funds industry is entering a new era, says the research director at the trade body representing investors.
Iryna Pylypchuk, director of research and market information at INREV – the European Association for Investors in Non-Listed Real Estate Vehicles – describes funds of funds as undergoing “an evolution” in terms of scale and the diversification they offer to investors.
In this 15-minute discussion, Pylypchuk tells Tim Burke, EG's deputy editor, about the growth of global strategies, how funds of different vintages are performing and what a new era for the market might look like.
It's back to business as usual for EG Like Sunday Morning, as Jess Harrold welcomes back Alex Daniel and invites Piers Wehner along for his EG podcast debut.
Piers - the tireless writer behind our daily must-read round-up of property news in the press - reveals what it is like to read every newspaper at 4am, and shares what he has learned this week about wooden buildings.
Office guru Alex has the latest on an impressive looking development with major sustainability credentials, and more news.
But, as the quiz of the week returns, who will hold their nerve to triumph?
An increasing volume of both EG column inches and commercial investor attention is being commanded by the life science sector - underpinned by a variety of growth factors and significant increases in both public and private sector funding.
EG last week revealed our own research which looked beyond the traditional 'Golden Triangle' heartland of life sciences for alternative areas which appear best-placed to benefit from the expansion of domestic industry.
Graham Shone is joined on this edition of 'No Filter' by Deputy Legal Editor Jess Harrold to discuss the research published last week, how it came about, and what it might mean for some of those locations highlighted.
The commercial property market in Sussex has proved remarkably resilient and this has been helped by Brighton’s unique offering as a haven for independent retail - something other markets could perhaps learn from. We spoke to Flude Property Consultants director and head of Brighton agency Andrew Halfacree as well as director and head of retail & leisure Will Thomas to learn more.
Flude sits comfortably ahead of the rest of the Radius market in the On Demand Rankings in both West and East Sussex, with retail providing the backbone of this success. Most towns, argues Thomas, offer the same shops selling the same things and this is perhaps why many of the larger chains are struggling. Brighton, however, has a vibrant independent offering and the city is now buzzing as the sun shines.
Halfacree says the office market is also performing strongly with some major deals expected to cross the line shortly. One of the factors driving this is the emergence of satellite offices as employees are reluctant to go back to the old normal of commuting into London every day, and this is having wider spin off benefits for other property types as more money is kept in the local economy.
The JLL Property Triathlon is back for 2021 and real estate athletes are getting ready to don their Lycra, pull on their wetsuits and whizz around the track at Dorney Lake near Eton on what has become one of the biggest industry events of the year.
After being cancelled due to the Covid pandemic in 2020, the triathlon is back on 20 August and this 35-minute podcast is a must-listen for anyone taking part this year.
Dive into the conversation to hear from four competitors about what the JLL Property triathlon means to them, how training is going and what they are most looking forward to come 20 August.
And if you stay until the end, EG editor Samantha McClary shares a tale of exactly how not to race a triathlon, reliving her greatest racing faux pas from the days when she attempted to be a semi-serious athlete.
This time last year, EG’s Bricks & Mortar host, Sarah Jackman, spoke to Toby Swindells and Megha Sharma – undergraduates at the University of Reading – about the transition to online learning and developing a career in a pandemic.
12 months later, both have completed their courses and secured employment within the industry. Here, they join Sarah for a look back on their degree, how they found searching for employment and why studying real estate can offer many benefits.
Sam McClary, Tim Burke and Jess Harrold are united in renouncing racism in all its forms. Together, they discuss EG's response to the horrific abuse visited on members of the England national team following their defeat to Italy in last week's European Championships final.
From a powerful piece in this week's EG from an author that was driven away from real estate by the racism he suffered in the workplace, to our imminent 2021 survey of racial diversity in the industry, they share their views on why this is one of the most pressing issues - if not the most - faced by the property sector today.
As England face a major tournament final for the first time in 55 years, Jess Harrold asks Sam McClary and Alex Daniel for their thoughts on what a nation buoyed by summer sporting success could mean for the real estate sector.
In addition, McClary shares her concerns about the "resi devy levy" and Daniel offers an office update.
But who will hold their nerve best in the penalty shootout that is the EG quiz of the week?
Jess Harrold speaks with Professor Nick Hopkins, law commissioner for property, about the Law Commission's current consultation on potential topics for its 14th programme of law reform.
Hopkins recounts highlights of the Commission's 13th programme, including its major recommendations for leasehold reform, and shares his thoughts on some of the major real estate topics that have already been identified as possible projects for the future.
And he calls for EG readers and listeners to share their views on problem areas in need of a review with the Commission by 31 July.
Jess Harrold is joined by Gabrielle Theunissen-Blackshaw and Marcus Barclay, of CMS, to discuss the Court of Appeal decision in Capitol Park Leeds plc v Global Radio Services Ltd [2021] EWCA Civ 995; [2021] PLSCS 119 - overturning one of the most surprising High Court decisions of 2020, and restoring the orthodox view on returning premises to a landlord with vacant possession.
Theunissen-Blackshaw and Barclay, who acted for the successful tenant, explain the usual requirements for vacant possession, how the circumstances in this case gave rise to litigation between the landlord and tenant, and why the High Court decision last year raised eyebrows.
In addition, they outline the Court of Appeal's reasoning and how it clarifies the law following the period of uncertainty since the first instance decision.
Bristol’s real estate professionals see a vibrant, sustainable and moral post-pandemic recovery ahead for the city.
In this 35-minute conversation, EG deputy editor Tim Burke is joined by Bristol Chamber of Commerce and Initiative’s James Durie, Savills’ Paddy Hales and University of the West of England’s Elena Marco.
EG’s guests discuss what the real estate industry needs to offer to help Bristol as it recovers from the pandemic – how it can continue to attract occupiers to its offices, ensure supply meets demand in the housing market and build the kinds of sustainable communities that we’ve all learned we need after events of the past 18 months.
For our second webinar in EG’s Future of Work series, we turn to the topic of reopening strategies. What are the three main objectives for today’s landlords? • Reopening the office • Encouraging the return of tenants • Re-engaging those tenants To bring new insight into this discussion, we hear from three leading experts.
News editor Pui-Guan Man and residential editor Emma Rosser join Jess Harrold for the latest weekly round-up.
As Pui delivers some welcome good news for the hotel sector, Emma returns to a previous EGLSM debate, with hard evidence on why the build-to-rent sector is better than offices - and together they cover more of the big news of the day, including business rates reform.
But who will triumph in the newly-competitive quiz of the week?
In this episode EG's residential editor Emma Rosser is joined by the founders of build-to-rent startup Goodstone Living.
In February, EG reported that Australian Bank Macquarie was gearing up for its first UK BTR investment, working with Essential Living founders, Martin Bellinger and Darryl Flay.
The pair started one the first BTR specialist platforms back in 2011. A decade later their new venture aims to raise and deploy £1bn in this fast growing market. This week, that venture officially launched under the new brand Goodstone Living.
In this podcast, Bellinger and Dana Gibson, co-head of Macquarie Asset Management’s Real Estate team for Europe, reveal the strategy for the new business.
In a sequel to one of the most significant property law decisions of recent years - the Supreme Court judgment on lease renewal in S Franses Ltd v The Cavendish Hotel (London) Ltd [2018] UKSC 62; [2019] EGLR 4 - Central London County Court has ruled on the terms of the tenant's new lease.
Joanne Wicks QC, barrister at Wilberforce Chambers, and solicitor David Cooper, of David Cooper & Co, who acted for the claimant tenant, textile dealership S Franses, explain the court's decision and how it reflects the impact of Covid-19 on rent levels in the West End.
Wicks and Cooper discuss the implications of the latest ruling for landlords and tenants going forward - and reflect on the lasting impact of the Supreme Court decision on lease renewal oppositions under the Landlord and Tenant Act 1954.
In this latest EG podcast, professional & legal editor Sarah Jackman catches up with Becky Annison, Clare Harman Clark and Simone Potter. All three either work for or are contributors to The Chancery Lane Project – a global initiative that sees lawyers and industry professionals collaborate to produce contract clauses that deliver climate solutions.
Each clause is peer reviewed and then published free of charge on its website for anyone to use in their legal work. Real estate is no exception and, since the project’s launch in 2019, model clauses such as a residential green lease covenants clause and green assured shorthold tenancy clause have been published for use in property-related documents.
Five new real estate clauses are in the pipeline, ranging from adding disclosures on climate change issues into the City of London Law Society Certificate of Title through to clauses encouraging landlords to provide electricity from renewable energy sources.
Tune in to hear more about how its collaborative drafting and peer review process works, as well as what’s in store for project going forward.
Becky Anniston is the project's director of engagement, Simone Potter is its director of knowledge, while Clare Harman Clark is a senior professional support lawyer at Taylor Wessing and contributor to the project.
Glenhawk, a provider of short-term real estate finance, has become the first bridging lender to achieve a carbon neutral certification from the Carbon Trust. In this podcast, group treasurer Daron Kularatnam tells EG deputy editor Tim Burke about the work it took and why he wants the lender to be at "the front of change" as a corporate and as an example of how real estate finance can bolster its environmental credentials – and the next steps for the company on its ESG journey.
In this latest episode of EG's TechTalk Radio EG editor Samantha McClary is mashing up tech with sustainability in a bid to secure a successful journey to net zero carbon.
Net zero and the pathway to it is a topic high on everyone’s agenda today. Increasing numbers of real estate businesses are outlining their commitments to achieving net zero, but reaching those commitments will require hard and intelligent work.
Technology will play a key role in helping businesses adapt to challenges.
Here we talk to Faisal Butt, chief executive and founder of Pi Labs, Rob Charlton, chief executive of TwinView and Sue Foxley, research director at Bidwells to understand how technology can support the ESG agenda and the steps real estate needs to take to fully adopt the technology that will enable it to reach its net zero carbon ambitions.
Swathes of sunseekers famously swarmed the shores of Dorset during lockdown but the key to the resilience of the commercial property market in Thomas Hardy county lay further inland where advanced manufacturing companies are taking space for surprisingly high-tec projects, reveals Sibbett Gregory agency director Alastair Knott.
Sibbett Gregory currently tops the Radius On Demand Rankings for Dorset, with 62,952 sq ft of space transacted across 24 deals, which puts it comfortably ahead of the rest of the county’s Radius market. Key to this success has been industrial lettings and these are being boosted through partnerships with the Ministry Of Defence which is looking for private enterprise to drive technological innovation.
But the region’s beaches, boats and rolling hills are also able to offer a quality of lifestyle which is a major pull to occupiers and has helped lead to the Bournemouth conurbation earning the nickname Silicon South thanks to its concentration of digital and creative companies, particularly in the advertising and marketing sectors.
All of which leaves Dorset well positioned for post-pandemic growth although connectivity, particularly the road links with the rest of the South West, is an area of concern.
Alex Daniel and Graham Shone join Jess Harrold to round up the week, with a focus on the latest state of the ongoing discussion on flexible working and evolving office needs.
In addition to their expert insights on the future of the workplace, Daniel picks out his news highlights - and faces the quiz of the week.
But what are Shone and Daniel's predictions for Wales and England in the European Championships?
Shams Rahman, partner in property litigation at law firm Edwin Coe, joins EG's senior deputy legal editor Jess Harrold to discuss the impact of the nine-month extension of the moratorium on commercial rent arrears recovery measures including forfeiture.
Rahman addresses the detail of the extended moratorium and its impact on landlords, but explains why they do still have options on the table - particularly if they are prepared to think outside the box.
He outlines the process of bringing a debt claim in court, and considers the potential availability of forfeiture for breaches of covenant other than non-payment of rent.
Against that background, he offers advice on how landlords can approach lease negotiations with tenants - and looks ahead to the government's proposed arbitration process for resolving Covid-related disputes.
In this episode of the EG Property Podcast, EG editor Samantha McClary is taking a look at the world of life sciences and just what the growth of the sector means for real estate.
Over the course of this 45-minute listen guests Colleen O'Connor from BioMed Realty, Steve Lang from Savills, Anna Strongman from Oxford University Development and Rob West from Clearbell Capital, discuss everything from whether we know enough about the life sciences market from a property perspective, what the future holds for its growth, whether the sector will spread beyond the Golden Triangle and London and whether it really can be a catalyst for the UK's levelling up agenda.
They also ponder on whether innovations in the sciences sector are leading to change in the real estate industry.
In the third and final part in our Law & Borders series on the Scottish real estate market with partners from Morton Fraser, Alan Stewart and Jonathan Seddon join Jess Harrold to look at the future prospects for investment in Scotland.
Stewart and Seddon discuss the still-emerging impacts of Covid-19 and Brexit on investor confidence - and why the prospect of a second independence referendum is actually quite far down the list of factors that are shaping the market.
In this episode of the EG Property Podcast, EG editor Samantha McClary is exploring how the pathway to success never follows a straight line. That could never be more true that in real estate’s journey along the net zero carbon pathway.
In this 40 minute listen, she’s in discussion with John Davies, head of sustainability at Derwent London, Jonathan Hale, sustainability director at BNP Paribas Real Estate, Andrew Leiper, net zero carbon leader and principal engineer at Max Fordham and Andries van der Walt, real estate director at Verco to find out what real estate will need to do to be able to stay on the path to net zero, despite some ever moving goalposts.
News editor Pui-Guan Man joins Jess Harrold to discuss the government's decision to extend the ban on commercial rent arrears recovery a further nine months, until March 2022.
Together, they survey the industry reaction and the proposals for an arbitration system to deal with rent disputes arising out of the pandemic.
In addition, Pui rounds up more of the latest news, and once again faces the quiz of the week.
Just over a decade ago, Nationwide, the UK’s largest building society had more than 1,000 branches. Today, it has 650. In this Investing Through Auctions podcast, EG looks at how Nationwide has been scaling back its branch network to manage costs and keep pace as customers increasingly use mobile and online banking.
As part of its Investing Through Auctions series, EG hosts a podcast discussion about how the UK market deals with distress and highlights how uneven the impact of the pandemic has been.
Private investor Stephen Ashworth tells EG's Investing Through Auctions series why he has just taken the opportunity to buy his first shopping centre through Allsop, after years of investing in industrial and offices
The market in Suffolk has remained buoyant despite – and in some cases because of – the pandemic, but investment in and around the port of Felixstowe could be about to take things to a new level, says Penn Commercial founder and managing director Vanessa Penn.
Penn Commercial is the highest-placed regional agent in the Radius On Demand Rankings for Suffolk, with 70,000 sq ft of space transacted across a greater number of deals than anyone. Penn says the logistics sector around the county’s three ports and the A14 corridor has remained robust, in part due to companies providing PPE and food deliveries in response to the pandemic.
Penn expects this demand for industrial units to accelerate with the creation of a recently-approved freeport at Felixstowe and Harwich which will offer tax incentives for businesses to locate in the area. At the same time, the county is pioneering research into alternative energy and this is likely to have spin-off benefits for companies looking to develop the technology further.
She also expects Suffolk to benefit from London-based firms realising the need for satellite offices located nearer to workers who live within commuting distance of the capital.
In this latest episode of the EG Property Podcast, EG’s professional & legal editor Sarah Jackman is joined by three figures from the property law profession to explore diversity and inclusion in property law. They are barrister and Property Bar Association chair Brie Stevens-Hoare QC and Property Litigation Association members Emma Pinkerton, partner at CMS, and Mark Reading, legal director at Mishcon de Reya.
The conversation covers a range of issues from gender balance and ethnicity to talent retention and progression, as well as looking at the importance of culture, leadership and allyship within the workplace. Reading and Pinkerton highlight some initiatives utilised by their firms to broaden the talent pool, while Stevens-Hoare reflects on key things she’s learned about promoting inclusivity from her time as a board member at Freehold.
The trio conclude with their thoughts on where they would like to see the industry 10 years from now in relation to D&I. For Stevens-Hoare, it is: “Where we don’t have to have this conversation. Where we don’t have the labels, but the space just works and flexes for whoever everyone is and allows them to fulfil their potential. I think it's going to take more than 10 years, but that’s what I’d love.”
With something approaching normality returning before the end of the summer, more and more of us will be headed back to our offices, setting up in real life meetings and remembering how to network in 4D and not in our slippers.
For many it will be a welcome return to after work drinks, pressing the flesh and building social capital through in person relationships. For others there may be anxiety about, an inability to or just no desire to return to the way things were.
In a sector where career progression has very much been based who you know, what will the sector need to do to make sure that in world that for the medium term at least looks set to be largely hybrid, everyone is offered the same opportunity to succeed?
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down with Chenge Bobo, HR business partner at JLL, Zoe Cooke, HR business partner at Octopus Real Estate, Lauren Fendick, real estate partner & head of life sciences real estate group at Taylor Wessing and Briony Grant, asset manager at Oxford Properties to find out.
Deputy editor Tim Burke and news editor Pui Guan-Man round-up the week, with a reckoning of real estate's eye-watering losses during the pandemic - and a special focus on how many times the word "unprecedented" features in annual results.
We catch up on rent arrears as the end of the moratorium draws near - and address what the industry hopes the government will do next.
But, after Sam McClary scored 5 out of 5 on last week's quiz, can Pui rise to the challenge and claim joint top spot on the leaderboard?
In the second episode of a three-part Law & Borders series focusing on Scottish real estate with partners from law firm Morton Fraser, Jess Harrold is joined by Rory Alexander, from the planning team, and Jonathan Seddon, from the construction team, to discuss the planning system north of the border.
Alexander and Seddon look at how planning has reacted to the challenges posed by Covid-19 in Scotland, and how that has affected the ongoing program of planning reform.
Topics include National Planning Framework 4, local place plans, the infrastructure levy, environmental targets - and more.
In this episode of the EG Property podcast, EG editor Samantha McClary is in conversation with Ros Goode from Avison Young to talk about talent.
The real estate industry offers some tremendous career opportunities but it is struggling to get that message across to a diverse group of potential future leaders.
Many firms operating in the sector have their own apprenticeship schemes in a bid to open up the industry to a wider talent base, but during the Covid pandemic, like many other sectors, has been unable to fully utilise their apprenticeship levy pots.
But there is a way that real estate can help create careers for people in both real estate-linked sectors and beyond - by gifting a proportion of their apprenticeship levy to SMEs through the London Progression Collaboration.
Avison Young signed up to the scheme in March last year and has taken a lot away from being involved in it.
Here Goode talks about how the scheme works and why real estate needs to be more joined up when it comes to bringing a wider selection of talented individuals into its workforce.
Editor Samantha McClary joins Jess Harrold to review the week, beginning with an update on the roaring success so far of the #REBoot scheme encouraging those in real estate to donate computers that are no longer being used to ComputerAid, with the aim of benefiting underprivileged school children across the country. We're proud of what we've achieved so far, but looking to do even better. To find out more about how to donate and logistics, contact Keith Sonnet at Computer Aid (keith@computeraid.org) , quoting the #REBoot hashtag.
In addition, McClary braces for a busy summer for real estate, with plenty of deals in the pipeline - and lots of work in store for property lawyers, with landlord and tenant disputes on the rise.
The future of work, UK cities and more get a mention... but it's all a precursor for Sam's big shot at greatness in the quiz of the week.
New policy, ongoing demand for affordable housing and a lack of land in city centres all point to a rise in rooftop development.
Last year, the government introduced a new permitted development right to allow two-storey residential extension on top of existing buildings. This type of development can fund wider refurbishment and fire safety measures, with scope to provide 180,000 new homes in London alone.
But still, resident backlash, a misunderstanding of the industry and complex construction requirements pose a challenge.
In this podcast, EG's residential editor Emma Rosser is joined by councillor Stephanie Cryan, cabinet member for council homes and homelessness at Southwark Council; Arthur Kay, founder and chief executive of Skyroom and Phillippa Prongué, chief operating officer at Apex Airspace.
The group discuss the potential for airspace development and what is needed for this to scale.
Beginning a three-part Law & Borders series on Scottish real estate, Jess Harrold speaks to Jonathan Seddon and Alan Stewart, partners at Morton Fraser, on how the pandemic has affected the market in Scotland.
Seddon and Stewart take a sector-by-sector approach, discussing the impact on offices, retail, logistics, residential, student accommodation and more.
Further episodes in the series will focus on planning in Scotland and the future of investment.
Sarah Jackman talks to real estate dispute resolution partner Mike Scott about being elected senior partner at the firm he trained at: Cripps Pemberton Greenish.
Scott discusses his immediate priorities, navigating the last twelve months, the landlord and tenant relationship, law reform and his passion for technology.
Read the interview on www.egi.co.uk/news
Investing in technology infrastructure is crucial to the future of the office. But what is the future of the office post-pandemic, what is its purpose, what will it look like and how will businesses and people use it? Technology will play a crucial role in the future of the office. But which ones will be key in the transformation of the office and what impact will it have on people and their workspace experiences?
In the third and final episode in our three part On the Case series on recent retail and leisure restructuring cases, Julie Gattegno, partner at CMS, looks at the High Court decision in respect of the Regis hairdressing group company voluntary arrangement.
Gattegno explains why the court took the rare step of ordering a revocation of the already terminated CVA, and puts the Regis decision in context with the same judge's ruling on the New Look CVA.
In addition, she offers her thoughts on what those two cases - plus the decision in the Virgin Active restructuring plan challenge - mean for landlords, and their advisers, going forward.
Roger Cohen, senior counsel at Bryan Cave Leighton Paisner, and business rates specialist, Blake Penfold, analyse the Supreme Court decision in the combined cases of Rossendale Borough Council v Hurstwood Properties (A) Ltd and Wigan Council v Property Alliance Group Ltd.
Cohen and Penfold explain the empty property rates avoidance strategy employed by property owners in the case, address the court's findings on its effectiveness and consider the significant implications of this decision .
In addition, they look at the wider problems of rating for the owners of vacant properties, what other strategies for avoidance remain available, and the possibilities for reform.
The Covid-19 pandemic has underlined the strength of the prime residential market as an investment class, says Uma Rajah, chief executive of lender CapitalRise. "Historically it is the most resilient part of the UK property market," she says. "After each down turn that has been recorded it bounces back incredibly fast... and the pandemic has just proved its resilience again." In this podcast, Rajah joins EG deputy editor Tim Burke and fellow guests Vanessa Hale from BNP Paribas Real Estate's Strutt & Parker and George Brooksbank of Fairway Capital to discuss what the pandemic has revealed about the sector and how changing homeowner demands are reflected in the investment and development markets.
In this episode of EG’s TechTalk radio, EG editor Samantha McClary is talking with Mike Gordon, the relatively newly installed chief executive of Altus Group.
The 31-minute discussion takes a look into the firm’s recent acquisition of Finance Active and how tech and data is enabling real estate to better manage debt.
Gordon also shares his aspirations for the company and his views on the spate of SPACS being launched with a focus on real estate tech and data-enabled businesses.
Demand for industrial properties in Warwickshire, both to occupiers and investors, is red hot at the moment but growth is being held back by the region’s focus on residential development, according to Bromwich Hardy partner James Brookes.
Bromwich Hardy has transacted more than 250,000 sq ft of space across 18 deals so far this year, making it by far and away Warwickshire’s market leader among Radius agents. The vast majority of this space has been for logistics units, although smaller industrial units are also being snapped up as soon as they go onto the market.
Brookes believes the county’s central location and strong road network make it an ideal choice of location for the logistics market but the government’s focus on building houses, coupled with the pandemic slowing down decision-making within planning authorities, is holding back the development of commercial space and employment opportunities for the people living in those houses.
Although the logistics market has benefited hugely from the switch to online shopping, Brookes believes the future for the High Street is a happy one so long as developers and planners are bold enough. He sees a future of smaller independent shops with residential units above, providing town centres with permanent footfall and stronger night-time economies.
The senior professional route to chartered surveyor status has been available for some time, but is one of the lesser known routes to MRICS qualification, according to Rachel Saint, co-founder and partner of Property Elite.
Saint, who coaches people globally seeking professional qualification on this route, explains that there are a variety of reasons why people decide to do it and, as with APC, there are a number of pathways that can be chosen.
During this 14-minute Bricks & Mortar podcast, Saint also explains to host Sarah Jackman how the vetting and assessment processes work and why she gets a lot back from coaching people on this route.
Residential editor Emma Rosser shares details from her extensive build to rent supplement in this week's EG, highlighting the scale of investment in the booming BTR sector.
Rosser offers a taste of what readers can expect from the BTR coverage in the print magazine and online. But, with her hands full on that front, how prepared is she to take on the quiz of the week?
In this episode of the EG Property Podcast, EG editor Samantha McClary is finding out what every investor, developer and agent wants to know. What are occupiers thinking and what impact is that going to have on their real estate footprint.
Joining her to share insights from more than 400 global occupiers is Knight Frank’s Lee Elliott. Elliott discusses his latest (Y)OUR SPACE report and what it has revealed about occupiers’ thought processes when it comes to their offices.
Most consider real estate a strategic priority. And, unlike some of the headlines you may have read of late, more are planning to grow or stabilise their office portfolios in the coming years than reduce them.
Listen in to hear the inner workings of the occupiers’ mind.
In the second episode in a three-part series on recent cases involving tenant insolvencies, Julie Gattegno, partner at CMS, analyses the High Court's decision to sanction gym group Virgin Active's restructuring plan.
Gattegno explains how restructuring plans work, in what ways they differ from company voluntary arrangements and the circumstances in which they may be preferable to CVAs as a route out of insolvency.
She summarises the arguments put forward by affected landlords challenging the Regis plan, and outlines the court's key findings.
As restrictions ease, workers continue to tentatively head back into the office after a winter of enforced home working.
This episode looks at a variety of factors around the future of our office spaces, including ill-timed CEO gaffes; EG Radius figures on how London has performed so far in 2021; and how occupiers are feeling about their physical footprint as the hybrid model of white-collar working gains popularity.
In this episode of the EG Property Podcast, recorded as part of EG’s Future of Belfast event, EG editor Samantha McClary talks to Gareth Howell, divisional director of Savills Belfast, Mark Blair, partner at Shoosmiths and Alistair Reed, strategic director of place and economy at Belfast City Council about whether Belfast might just be the perfect post-Covid city.
If you’re a Game of Thrones or Line of Duty fan you already love the city. But what if you are a business looking for talent. And a business that wants to be able to offer its staff the opportunity of city living and space and countryside – a true quality of life?
There is no denying that Belfast is a city with a troubled history. But is a boomerang city. A city that rebounds and one that if you’ve been once, you’ll definitely go back.
Listen in to find out more about Belfast might be on the cusp of a very bright future.
Find out about all of EG events at www.eg.co.uk/eg-events/
Jess Harrold is joined by news editor Pui-Guan Man and head of office and workplace research Graham Shone to round up the week, beginning with a look at the two big tenant insolvency cases in the High Court - the New Look CVA and the Virgin Active restructuring plan.
Discussions segue neatly into the interesting players entering the UK food and beverage market, and Shone offers his inimitable insights into the London office sector.
But how will he fare in his first crack at the quiz of the week?
Inside the crystal ball: Where you should be investing in real estate?
The future of real estate is being constantly debated. Asset classes are being put under the spotlight and scrutinised as to whether they will provide returns in years to come. Market experts are also leveraging industry data to predict exactly what will survive, thrive and suffer. So what would it be like to see inside the crystal ball?
Join us as we bring together experts to discuss and debate the impacts of the past year, where the value will be in the future, and the importance of planning, analysing and modelling your portfolios.
Speakers:
- Allen Chilten, managing director, Capital Markets, Patrizia
- Pete Finnerty, EMEA investment solutions director, MRI Software
- Abigail Shapiro, head of office, retail & life sciences, Oxford Properties
- Richard Starr, executive director – head of property, Palace Capital
- Nick Winsley, managing director & head of investments, AEW
- Chair: Tim Burke, deputy editor, EG
With more than £1.25bn of external funding since the start of 2020, the technology sector in Oxfordshire is entering a golden age which has seen it pull ahead of old rivals in Cambridgeshire, according to VSL & Partners director Richard Venables.
The company comfortably leads the Oxfordshire On Demand Radius Rankings with almost 300,000 sq ft of transacted space so far this year. More than a third of this was down to lettings to Arrival, a company that makes electric commercial vehicles and whose decision to locate in Bicester was influenced heavily by its proximity to Oxford University.
And Arrival is not alone; according to Venables around 20 companies a year are spinning out of the University in sectors ranging from transport to life sciences, AI, engineering and, famously, vaccine research.
This has pushed up rental values in the county and also attracted inevitable interest from investors, where yields are now at record lows.
In this episode of the EG Property Podcast, EG editor Samantha McClary is in conversation with Martin Crookston and Jon Reades about their new book Why face-to-face still matters: The persistent power of cities in the post-pandemic era.
They discuss how face to face interaction is vital for creativity, insight and knowledge sharing and how while it may become less dominant than in years gone by being with each other, in real life, in offices and in our towns and cities, will remain essential.
To get your hands on a copy of the book, with a special 20% discount, visit https://bristoluniversitypress.co.uk/why-face-to-face-still-matters-2
In the first in a three-part series on high-profile retail & leisure insolvency cases, Jess Harrold is joined by Julie Gattegno, partner at CMS, to analyse the High Court's rejection of a challenge by landlords to retail chain New Look's company voluntary arrangement.
In this 30-minute podcast, Gattegno goes into detail on how the New Look CVA operates, and why landlords complained that they were being unfairly disadvantaged.
She considers each argument in detail, and explains why Mr Justice Zacaroli found against the landlords, upholding the CVA on the facts of this case.
In addition, she highlights certain comments from the judge that perhaps offer a ray of hope to landlords faced with similar tenant CVAs in future.
In further episodes, Gattegno will explore the judgment on Virgin Active's restructuring plan, and the upcoming decision in respect of the Regis Hairdressing CVA, ultimately comparing and contrasting the issues raised in each, and what the overall lessons are for landlords.
As part of Mental Health Awareness week, Bricks & Mortar host Sarah Jackman talks to Richard Higgins and Jenna Roberts from the University College of Estate Management about the roll out this week of its new mental health strategy.
As an online course provider, UCEM has seen an increase in conversations about mental health and wellbeing over the last 18 months, with issues such as stress, anxiety and lonliness all being raised.
UCEM recognises the role it has to play in not only supporting student wellbeing, but in educating students and providing them with the skills to manage their own wellbeing when moving into the working world.
Its new strategy is intended to do just that and to provide a foundation to build on in future years. As Richard and Jenna explain, simply because its students are distance learning, doesn’t mean that they have to be distant or isolated. They recognise that they are “one big community” and that it's about supporting everyone – staff and students – to ensure that they're able to be open, supportive and well informed, despite the specific challenges that distance learning can bring.
In this episode of the EG Property Podcast, EG editor Samantha McClary talks to Knight Frank experts – head of national offices Emma Goodford and head of south east offices capital markets Simon Rickards – about the firm’s latest south east offices market report.
They take a look at the challenges and opportunities facing the region, from a lack of new stock to an undersupply of environmentally sound buildings, to the growth in innovative businesses such as life sciences and tech.
Goodford and Rickards share insight on the both the investor landscape, the future rental growth potential and how Covid has been an awakening for the area.
To read the report in full head to www.knightfrank.co.uk
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by Louise Ellison, group head of sustainability at Hammerson and chair of the Better Buildings Partnership, Sophie Carruth, head of sustainability at LaSalle Investment Management, and Jon Lovell, co-founder of sustainability consultant and trainer Hillbreak, to take a look into the wide and widening sustainability skills gap in real estate and what measures are being taken to try and bridge that gap.
The trio are playing an integral part in helping to narrow the skills gap by their involvement in a new ESG training course led by the Better Buildings Partnership.
The course, which has been developed for the fund management and real estate investment community, aims to give participants better command of how to respond to the ESG risks and opportunities that will increasingly impact upon their decision-making, and have a better understanding of the principles, disciplines and tools required to develop strategies and solutions for their portfolios and assets.
The development of the course was initiated and supported by BBP members Hammerson, LaSalle Investment Management, Legal & General Investment Management and Nuveen Real Estate with additional support from Derwent London, Great Portland Estates, Logicor, Picton, Royal London Asset Management and Savills Investment Management.
To find out more about the course and how to take part, visit https://www.hillbreak.com/events/category/bbp-course/
To mark Mental Health Awareness Week’s nature theme, EG asked four real estate professionals to join a conversation about the industry’s role and responsibility in embracing nature through its schemes in order to support the wellbeing of people using them. Sharing their views with EG deputy editor Tim Burke are: * Clara Dawson, HSE and wellbeing business partner, The Crown Estate * Katrina Kostic Samen, head of workplace strategy and design, KKS Savills * John Prevc, principal, HOK * Alex Robinson, development director for strategic land, Grosvenor Britain & Ireland
If listeners enjoy the latest episode of EG Like Sunday Morning half as much as Jess Harrold, Tim Burke and Emma Rosser did making it, then it should be the ideal weekend listen.
Co-living schemes, the future of flexible offices and nuclear bunkers up for sale vie for airtime with Star Wars, Emma's first bike and, of course, the quiz of the week. Can the combined might of EG's deputy editor and residential editor score 5 out of 5?
Ahead of the outcome of the mayoral vote, EG residential editor Emma Rosser and guests lay out the housing demands for London’s next mayor. The capital faces the biggest affordability challenges of any part of the country. Going into the next term, a new mayor will have to navigate planning reform, land shortages and tighter public purse strings than ever before. Liz Peace, former chief executive of the BPF and chair of the Old Oak Park Royal Development Corporation, Jonathan Seager executive director of policy at London First and John Walker, former Westminster planning director and executive director at consultancy CT Local, discuss planning, affordability and rent controls, among other topics. The conversation begins reflecting on the current mayor Sadiq Khan’s reluctance to engage with the industry and with John Walker explaining why that needs to change.
Andrew Small, partner at Russell Cooke, explains the Supreme Court decision in Rittson-Thomas and others v Oxfordshire County Council [2021] UKSC 13; [2021] PLSCS 78 - a hard-fought battle over the proceeds of sale of a former school site in Oxfordshire, donated long ago for educational use.
Small looks at the key provisions of the School Site Act 1841, and how they continue to apply in the modern day to land donated for school use, in particular when schools are relocated.
As well as describing how the case has seesawed through the courts, he analyses the definitive ruling of the Supreme Court - and goes on to consider how widespread its potential implications may be.
Offices reporter Alex Daniel and residential editor Emma Rosser prove the ideal pair to discuss the City of London's newly announced post-pandemic recovery plans that include 1,500 new homes in the Square Mile.
In addition, they round up more of the latest news - and Rosser faces the quiz of the week for the first time. Can she top the leaderboard?
Kim Clifford, senior associate at Ashurst, joins Jess Harrold to discuss the significant High Court decisions in Commerz Real Investmentgesellschaft mbH v TFS Stores Ltd and Bank of New York Mellon (International) Ltd v Cine-UK Ltd and others - in which landlords won summary judgment in their claims for unpaid rent during the pandemic.
In an under 25-minute podcast, Clifford explains how a procedure that was once a last resort for landlords became the only avenue for redress, as a result of the moratorium on other proceedings. She outlines how the process works and why, even once judgment is secured, that isn't the end of the road.
She offers a clear, straightforward rundown of the "kitchen sink" of arguments advanced by way of defence by the tenants, and how the High Court masters dealt with each of them.
And Clifford considers how landlord and tenant relations will evolve in the wake of these decisions, and the wider commercial background - including pending court cases on CVAs and restructuring plans, the impending end of the moratorium in June, and the government consultation on how to emerge from it.
The real estate industry has a crucial role to play in addressing the climate crisis – and the finance markets are increasingly offering ways to help companies through green bonds and loans, money raised specifically to back those efforts. "It was a 'eureka moment'," says Derwent group treasurer Jay Joshi of the company's introduction to the green finance market in 2019. He now believes the industry is "one or two refinancings away from most financing in our sector being green". In this podcast, EG deputy editor Tim Burke is joined by Joshi as well as LondonMetric finance director Martin McGann and Tritax Big Box finance director Frankie Whitehead to discuss the growth of the market and the initiatives it can support.
In this episode of EG's TechTalk Radio Samantha McClary is talking with Fifth Wall founder Brendan Wallace about the growth of the business from a single $200m fund to a $1.7bn business with more than 70 LPs around the globe.
In this hour-long interview the pair discuss the growth of proptech, the responsibility of the real estate sector to do more than just buy PV in the fight against climate change and how the sector is on the cusp of its biggest and most powerful transformation.
To read this interview make sure to pick up a copy of the 1 May EG Magazine or subscribe to Radius Data Exchange for online access to all of our news, data and EG Interviews.
Editor Sam McClary and news editor Pui-Guan Man join Jess Harrold to review the week, beginning with a focus on a pair of High Court judgments in which Sports Direct, Cineworld, Mecca Bingo and The Fragrance Shop have all been told they must pay up for the rent that has accrued during the pandemic. The robust decisions are good news for landlords, with many more claims waiting in the wings.
In addition, they discuss major areas of the new retail, leisure & logistics special and other headlines - and team up to take on the quiz of the week.
Welcome to the Future of Dublin, an EG audio production in association with Savills and Ballymore.
In this episode of the EG Property Podcast EG editor Samantha McClary is in conversation with head of planning for Savills Ireland Raymond Tutty, Sheila O-Donnell, founding director of architects O’Donnell + Tuomey and Claire Solon, managing director of Greystar Ireland.
Dublin is a warm and welcoming city renowned for its historic core and intrinsic character but it is a city that has been battling urban sprawl for years. Known for its high density in the city centre and growing population, pressure has been put on the city to focus on the densification of urban centres to ensure the optimal and sustainable use of land.
With discussions around whether to go up or out, over the next 30 minutes our panellists investigate how Dublin can combine a growing demand for space in the city with not pricing or pushing out Dubliners.
It’s a fascinating conversation that looks at height versus density, the importance of collaboration and partnership, the conflict between repurposing, planning and cost.
Celebrating Earth Day, this latest Future of Real Estate podcast sees Guy Grainger join Damian Wild in EG’s virtual studio.
Appointed JLL’s global head of sustainability services & ESG earlier this year, Grainger talks about how real estate can go from being part of the problem to being part of the solution when it comes to climate change.
He talks about the challenges of finding a net zero building in London for JLL, how valuation models will have to change to capture operational costs, and warns that real estate has five years to get its act together. “We are relevant,” he says. “The question is, how are we going to use that relevance for positive good – which, by the way, can also equal commercial good.”
In this episode of EG’s TechTalk Radio podcast, host EG editor Samantha McClary is in discussion with William Newton, president and EMEA MD of WiredScore, and Sally Jones, head of strategy, digital and technology at British Land, to talk about being smart in real estate.
WiredScore has just launched SmartScore, a new certification that it has developed in response to increasing demand for guidance around what smart really means in relation to commercial buildings, and how it can and should be implemented.
Confusion about what really constitutes a smart building is rife in real estate and WiredScore hopes that its new certification - developed in collaboration with the industry - will provide “credibility and certainty to an industry rapidly pursuing digital transformation”.
British Land is one of 44 property owners across seven countries that have signed up to the certification and is delivering smart solutions across its estate.
Listen in to find out why smart matters and how it is not always just about the tech.
Following the launch of Hollis’s new five-year CSR strategy, its senior partner, John Woodman, joins Bricks & Mortar host, Sarah Jackman, for a look at the detail.
People, communites and partnerships are reflected in a number of new commitments including a three-year funding commitment to Pathways to Property, expanding its mentoring and apprenticeship opportunities and providing a university bursary through its partnership with the Worshipful Company of Chartered Surveyors.
John addresses the motivations behind the policy, the need to promote diversity and inclusion in the sector and how his work with the livery company has provided inspiration – as well as a partnership opportunity.
News editor Pui-Guan Man and London reporter Alex Daniel join Jess Harrold to discuss why 2021 is the year of the tall building, the latest developments in the RICS inquiry, the new approach to the Wembley Stadium and more.
But how will Alex fare in the quiz of the week?
Two identical acronyms are the focus of this month's research podcast from EG; as the introduction of space standards in residential Permitted Development Rights proposals compel us to take a look at the last six months of planning applications via Radius, and assess what the numbers mean for the future of PDR.
The second element is less of a standard industry term (largely because it has just been created for the title of this podcast); but with this week's relaxation of coronavirus restrictions, we also discuss what a surge in proposals for outdoor seating means for major UK cities.
In this episode of the EG Property Podcast, EG editor Samantha McClary is in conversation with Simon Bird of architecture firm LOM, talking about the juxtaposition of property’s love for a tall building and the sector’s commitment to net zero carbon development.
Is it possible to really build environmentally friendly tall buildings? Is a trophy building still a trophy building if it is not made from glass and steel?
Can a future exist where it is just as easy to take down our buildings as it is to put them up? Can we re-use and recycle towers? Could we actually develop an urban jungle and grow our buildings?
These are the questions that we seek to answer in the latest look at the fundamentals of the future in real estate.
In this week’s episode of EG Like Sunday Morning, EG editor Samantha McClary steps in while deputy legal editor Jess Harrold continues to gorge himself on Easter eggs to talk about what has been keeping the EG news team busy over the past few days.
Joining the podcast are deputy editor Tim Burke and London reporter Alex Daniel to talk future of offices, IWG’s big plans to repurpose hundreds if not thousands of redundant shops, the transformation of M&S stores to offices and we have a little rant about government failing to understand the dynamics of the real estate owning community and failing to trust the market to sort itself out.
Welcome to The New Methodology, a new podcast collaboration between EG editor Samantha McClary and founder of Freestate Adam Scott.
In this five-part series Sam and Adam will be talking to guest about what really makes real estate tick. But they will be looking at the sector from a different angle as they investigate a new methodology for development of place.
There will be less chat about bricks and mortar and more chat about people, time, journeys and experiences.
In this first episode they sit down with Ros Morgan, chief executive of the Heart of London Business Alliance, and Matt Howe, chief operating officer of Fed Square, in Melbourne to talk about culture and how it could and should be central to the development of space.
In this special episode of the EG Property Podcast, EG editor Samantha McClary is chatting with Louise Wyman, strategic director of growth and development at Manchester city council about the city’s green ambitions and its intention to become a place that is synonymous with social value.
Recorded as part of EG’s Future of Manchester event, Louise shares her views on just how important partnership with the built environment is for the city to achieve and really build back better.
If you’d like to watch EG’s dynamic Future of Manchester production head to www.egi.co.uk/thefutureofukcities/Manchester/ to view the video on demand. Or if you prefer to read all about the city make sure to pick up this weekend’s EG magazine for full coverage of the event, including expert commentary from Savills, Shoosmiths, Avison Young and NOMA.
In this special episode of the EG Property Podcast, EG editor Samantha McClary is talking with co-chair of the Greater Manchester LEP Lou Cordwell about what makes Manchester great.
Recorded as part of EG’s Future of Manchester event, the pair take a look at one of the city’s booming industries – digital broadcasting – and how that is enabling Manchester to continue to deliver despite the pandemic.
If you’d like to watch EG’s dynamic Future of Manchester production head to www.egi.co.uk/thefutureofukcities/Manchester/ to view the video on demand. Or if you prefer to read all about the city make sure to pick up this weekend’s EG magazine for full coverage of the event, including expert commentary from Savills, Shoosmiths, Avison Young and NOMA.
In this special episode of the EG Property podcast EG editor Samantha McClary sits down with Andy Burnham to talk about the outlook for Manchester and the city region.
Recorded as part of EG’s Future of Manchester event, the pair talk about how the city and city region has fared during the coronavirus pandemic, how the city plans to be a leader when it comes to green and digital technologies and how Manchester will become a city transformed over the next decade.
If you’d like to watch EG’s dynamic Future of Manchester production head to www.egi.co.uk/thefutureofukcities/Manchester/ to view the video on demand. Or if you prefer to read all about the city make sure to pick up this weekend’s EG magazine for full coverage of the event, including expert commentary from Savills, Shoosmiths, Avison Young and NOMA.
In this episode of Resi Talks, EG’s residential editor Emma Rosser and guests dig into the growing momentum behind calls for retirement housing reform.
A year in lockdown has shone a light on housing for the elderly and most vulnerable. Just last week, 40 signatories backed an open letter to the prime minister Boris Johnson calling for support to expand housing and care provision.
This builds on various demands to central government - with the industry demanding planning changes, alongside stamp duty exemptions, targets and a framework to boost new development.
Last year, former housing minister Mark Prisk said the UK was “failing” the elderly. Here, he expands on this, in conversation with Eugene Marchese, co-founder of developer Guild Living and Will Bax, chief executive of Retirement Villages Group.
Joining Sarah Jackman for this week’s episode of Bricks & Mortar is James Bircumshaw, infrastructure manager at Skyports – a company which owns and operates infrastructure for urban aviation and manages end-to-end drone deliveries.
Although James has spent the last couple of years working in a tech start-up environment, he began his career in a more traditional real estate setting, by completing his APC and then honing in on commercial property asset management. Fast forward a couple of years and the opportunity to work at Skyports arose. James decided on a change of career and hasn’t looked back.
Find out how he made the leap, what he enjoys about his current role and how he applies his real estate background to it. For anyone thinking of a similar change of direction, he has advice: “Don’t be afraid to make a bold move, step outside your comfort zone and do something different.”
A year on from the first Covid-19 lockdown, many lenders to the commercial real estate market have battened down the hatches, focusing on their best, existing clients and limiting new lending.
What next for the market as signs of distress emerge? How are banks and other lenders working to ensure responsible dealmaking during the next phase of the crisis? And how different is the situation faced today to the Great Financial Crisis?
In this podcast, EG deputy editor Tim Burke is joined by:
- John Carter, commercial director at Aldermore
- Peter Cosmetatos, chief executive at CREFC Europe
- Jo Solomon, partner at Hogan Lovells
- David Yeadon, executive director at SPF Private Clients
In this episode of EG’s TechTalk Radio EG editor Samantha McClary talks to Olly Freedman from ReTransform, MRI Software’s Richard Belgrave and Angelica Donati, chief executive of Donati S.p.a & Donati Immobiliare Group about AI and machine learning in real estate.
Over the course of the 35-minute discussion they discuss everything from what AI and machine learning actually is in a real estate context, how attitudes to its use have changed, how it is being used in more areas that we may have realised and the potential it has to really drive the industry forward.
They also discussion the investment landscape for tech and investigate fresh topics for conversation around skills and education.
For more on the role of tech in real estate, make sure to bookmark EG's dedicated real estate tech news page at https://www.egi.co.uk/halo/
Editor Sam McClary and deputy editor Tim Burke join Jess Harrold to discuss the wealth of ESG material in this week's EG - including a detailed look at the Australian energy efficiency rating system known as NABERS, and how the major players are approaching the task of hitting net zero targets.
Together, they also round up the latest news, share details on EG's new student essay competition - and once again face the quiz of the week.
Jess Harrold talks to award-winning barrister Brie Stevens-Hoare QC, co-head of Hardwicke Chambers, about the pandemic's impact on property and landlord and tenant relations, and the current state of diversity and inclusion in real estate, particularly in respect of LGBTQ+.
Stevens-Hoare offers candid advice to would-be allies who are reticent to get involved - "get over yourselves" - and explains how failure to provide welcoming workspaces for LGBTQ+ employees impacts the bottom line by costing businesses talent.
Damian Wild is joined by Mark Farmer for the latest Future of Real Estate podcast.
Five years on since his landmark report brought modern methods of construction to real estate’s mainstream, Farmer says he hopes to see its influence extend beyond residential and into infrastructure and commercial real estate.
MMC also has a big role to play in meeting sustainability challenges, says Farmer, who expects more international players follow moves by the likes of Japan’s Sekisui House into the UK market.
In this episode of the EG Property Podcast EG editor Samantha McClary is joined by John Davies, head of sustainability at Derwent London, Louise Ellison, head of sustainability at Hammerson and chair of the Better Buildings Partnership, and Savannah de Savary, founder and chief executive of Built ID to talk about renewable energy in real estate.
They discuss the journey that real estate is on as it tries to shift towards more renewable energy – both on and offsite - the power that a commitment to clean energy has among the local community and the vital need for occupiers and owners to be united in their approach and commitment to renewables.
The conversation also turns to government’s new proposals to help better monitor the operational use of energy in buildings as the greatest leap forward the sector – and everyone - can take in the journey towards a net zero carbon future is to just use less of everything.
As with all discussion around sustainability, the conversation goes much deeper than just renewables.
And a mild word of warning. This podcast was recorded over Teams and at times the connection is a bit crackly so please bear with us on those few occasions where you may need to lean in just a little more.
Joining Sarah Jackman in the studio today are not one, but three, guests: Vanessa Hale, Head of Insights & Residential Research at BNP Paribas and chair of ULI UK, Yohance Harper, associate partner at Quadrant Estates and Mo O’Connell, quantity surveyor at Gardiner & Theobald.
Both Yohance and Mo are ULI Young Leaders and all three are involved in the ULI mentorship programme – a year-long scheme which is open to its Young Leaders and pairs small groups of mentees with a senior level executive mentor in the real estate industry.
They reflect on the benefits of both formal and informal mentoring, whether it be in developing a network or receiving careers guidance, and talk about how to approach the relationship to get the most from it.
They discuss too, how it can be a hugely beneficial relationship for the mentor and enables those in senior level positions to give something back, as well as to learn from those in more junior levels of the profession.
Editor Sam McClary and news editor Pui-Guan Man join Jess Harrold to review the week, beginning with the launch of 'season three' of EG's Future Leaders program. McClary discusses what's different this time, what the latest cohort can expect to get out of participation, and the lessons she has learned along the way from our Future Leaders.
Then, Man surveys the week's news, including her interview with RICS CEO Sean Tompkins, what local authorities are planning for their shopping centre acquisitions and more.
But who will be put to the test in the quiz of the week?
John Lewis, Marks & Spencer and Debenhams have all been in the headlines in the opening quarter of this year. All retailers consolidating, shuttering and reimagining traditional stores in the face of an increasingly turbulent retail environment exacerbated by the unprecedented circumstances of the last twelve months.
This episode sees EG’s in-house analysts James Child and Graham Shone discuss what the continued exodus and redundancy of department stores means for the future of the high street, and the commensurate impact of “de-anchoring” on our town centres. If less retail space is required, what can and should fill those empty gaps?
Silver bullets, Sim City and another reference to “piano key” town centre management, all in the second instalment of “No Filter.”
In this episode of the EG Property Podcast, EG editor Samantha McClary speaks to experts from JLL, Savills, Oxford Properties, Octopus Real Estate and Taylor Wessing to talk about what good needs to look like in the industry if it is really to deliver a working environment for everyone.
Listen in as they talk about the need to challenge and be challenged, the overwhelming importance of collaboration to bring about real change and why empowering people to call out and to be called out yourself is vital as we move towards a more equal and inclusive sector.
The podcast has been recorded as part of EG Future Leaders programme, which seeks to uncover the fresh talent in the industry and support them on their journey of showcasing the career opportunities available for all in the sector.
Find out more about the programme and its previous iterations at https://www.egi.co.uk/futureleaders/
News editor Pui-Guan Man and retail and industrial analyst James Child share their considerable expertise when it comes to the plight of the high street, looking forward to the easing of lockdown and what it will mean for retailers.
Casting their minds even further ahead, what could our high streets and shopping centres look like five or ten years down the line?
In addition, Child offers an update on the thriving logistics sector, and Man takes in the reaction to the latest extension to suspension on commercial evictions - as well as rounding up more of the latest news. But how will a data guru cope with the quiz of the week?
Herbert Smith Freehills partners join Jess Harrold to discuss the firm’s new report – Forearmed: a real estate disputes guide to likely trends in 2021 and beyond.
Head of real estate dispute resolution Matthew Bonye, head of planning Matthew White and, from the restructuring/insolvency team, John Chetwood, each address key points raised in the report, which sets out HSF’s predictions as to where disputes are likely to arise, providing a “roadmap to preparing for the coming months”.
Bonye, White and Chetwood address major real estate battlegrounds arising out of the pandemic, how its long-term effects will impact the way we live and work, and the changing property needs that will result.
The discussion covers such landlord and tenant issues as unpaid rent, forfeiture, dilapidations and the position of lease guarantors; planning matters arising out of evolving priorities and changes to the system, including more permitted development rights; and questions of tenant insolvency and CVAs.
The full report can be read at: https://www.herbertsmithfreehills.com/latest-thinking/forearmed-a-real-estate-disputes-guide-to-likely-trends-in-2021-and-beyond
A year on from the start of the first Covid-19 lockdown, the pressures of huge changes to our work and working practices have made wellbeing and mental health an unavoidable topic for business.
Having felt our way in the dark for much of the past 12 months, the vaccine rollout is now the clearest sign of light at the end of the tunnel, but how can we make sure that as companies and colleagues we learn the lessons of the past year? In this podcast, EG deputy editor Tim Burke is joined by: * Lynda Shillaw, chief executive at Harworth Group * John Woodman, senior partner at Hollis, and * Victoria Hill, founder of Promind
In this special edition of the EG TechTalk Radio podcast, EG editor Samantha McClary is in conversation with a collection of judges for EG’s upcoming Tech Awards to find out a little bit more about what they will be looking for in submissions this year and just how excited they are for the virtual extravaganza that will be the EG Tech Awards.
But the conversation is about more than just how to win an EG Tech Award, it is about the role that tech is playing in the evolution of the real estate sector, about how despite the pandemic, 2020 was a year of innovation and big steps forward.
Listen in to find out more about that, exactly how Olly Freedman, director- Europe at Retransform, Tim Ryan, partner and head of technology at DAC Beachcroft, and Colin O’Reilly, sales director at MRI Software, are going to dress to impress at this year’s awards and an exclusive piece of breaking tech news.
To find out more about the EG Tech Awards and how to enter, visit https://www.egi.co.uk/tech-awards/2021-home/
In this final instalment of EG’s careers trilogy, Bricks & Mortar host, Sarah Jackman is joined for a final time by Nick Carman – Partnership Director at Macdonald & Company, a specialist recruitment consultancy for the real estate and built environment sectors – for a look at how to succeed at the interview.
Carman discusses the three different types of interview – traditional, behavioural and competency – and sets out what to expect from each and how to prepare accordingly, while emphasising the need to deliver answers succinctly on the day.
Although much of the focus for the interview will be on finding out whether the interviewee is the best person for the role, Carman reminds listeners that it’s also an opportunity for the interviewee to find out more about the potential employer. He suggests making the most of asking questions and trying to gain an understanding of what it would be like to work there.
To round off the series, Carman talks through the second interview and how it might differ from the first, before reiterating the importance of following up to get feedback and contacting the interviewers personally if unsuccessful.
This week news editor Pui-Guan Man and London and offices reporter Alex Daniel join Jess Harrold to take on the big event of the week: the Budget. Between them, they cover everything real estate needs to know about the chancellor's announcements — as well as a few items that didn't get crossed off the Budget bingo card, and how the property industry has reacted.
Plus, Pui shares the latest on an internal review being planned by RICS, and more of the latest news - and is put to the test in the quiz of the week.
Chancellor Rishi Sunak has set out his spending plans to tackle the economic costs arising from the Covid-19 pandemic.
Corporation tax hikes, more support measures for businesses and new levelling-up investments were among the key takeaways. But has the Budget addressed real estate’s needs and will it foster investment? And what’s in store for the UK’s landlords, as the biggest tax burden since the 1960s looms on the horizon?
EG’s news editor Pui-Guan Man spoke to Melanie Leech, chief executive of the British Property Federation, and Walter Boettcher, UK chief economist at Colliers International, about where more clarity is needed on the positives of the Budget, whether the role of real estate was recognised in the levelling-up agenda, and the missed opportunities this time around.
This year the EG Awards are back with a vengeance. With the light at the end of Covid lockdown tunnels looking ever brighter, the team at EG are increasingly hopeful that we will be celebrating the very many and deserving winners of this years awards with you, face-to-face at the Grosvenor House hotel on 28 October. Contingency plans are always in place, however.
But before we can celebrate the winners, entries need to be collected and judges need to judge.
To help you submit the very best entry for any one of 21 categories EG will be celebrating in October, we’ve brought together some of our judges to find out exactly what they will be looking for.
In this special episode of the EG Property Podcast, EG editor Samantha McClary talks with Kirsten Hewson from Shoosmiths, Richard Rees from Savills and William Beardmore-Gray from Knight Frank about what they will be looking for from three of this year’s categories – UK Company, Global Company and a new category for 2021, City of the Year.
Editor Sam McClary and deputy editor Tim Burke join Jess Harrold to round up the week, beginning with an in-depth discussion of the results of EG's latest LGBTQ+ in real estate survey. The findings offer a mix of positive steps forward, disappointments and some depressing stories that highlight exactly how far real estate needs to go to be a truly diverse and inclusive industry.
In addition, Burke digs into his news highlights and is put to the test in the quiz of the week.
In another Future of Real Estate podcast, Damian Wild speaks to UK Hospitality’s CEO Kate Nicholls about the impact on the sector of a third lockdown, and how recovery is some way off despite good news on the vaccine front.
Nicholls warns that much of the sector will collapse without help from government and support from landlords. And she says that landlords hoping to recover all the rent they have lost from hospitality businesses are being unrealistic.
More than that though, Nicholls says that the impact of the coronavirus pandemic will be felt by urban centres nationwide. What’s needed is nothing less than a Marshall plan for town centres to ensure their survival.
Fresh changes are likely to be ahead for the UK's real estate investment trusts. Treasury consultations on asset holding companies and the broader UK fund regime include various proposals, large and small, for altering how REITs are managed and treated.
The hope is that these changes will encourage more funds to set up shop in the UK, bolstering the industry, creating jobs and encouraging investment. But could some of the proposals risk damaging the “kitemark” of quality that the UK REIT regime has developed over the years?
To discuss this, EG deputy editor Tim Burke is joined on this podcast by:
- Roger Clarke, head of capital markets at the IPSX stock exchange
- Rachel Kelly, assistant director of finance policy at the British Property Federation
- Stephen Silvester, chief financial officer at Palace Capital
In this episode of EG’s TechTalk Radio, EG editor Samantha McClary sits down with founder of Appear Here Ross Bailey and its lead data scientist Alex Nussbacher to talk about data driven decisions and how the industry needs to embrace tech to build a new future, particularly for retail.
Leaning on learnings from Appear Here’s recently published report, How Landlords Can Help Save the Street, Bailey and Nussbacher explain how embracing technology and data, being flexible and listening are some of the greatest tools of survival.
While a tale of retail’s demise is easy to tell, particularly in these Covid times, the Appear Here team are adamant that Covid will not define this decade. And that how we rest and rebuild will.
Listen in to hear more about how to use tech as a tool to deliver on bigger goals, how being the best doesn’t mean you always get it right first time, and how the 2020s should be about technology democratising rather than technology dictating.
This week's Bricks & Mortar sees series host Sarah Jackman return to the virtual studio for the second instalment in the careers trilogy with Nick Carman, Partnership Director at Macdonald & Company, a specialist recruitment consultancy for the real estate and built environment sectors.
In this episode, they discuss the value of using online platforms to aid the job search and focus on how to extract maximum value from LinkedIn, before exploring the rise of the video CV.
Carman has tips on how to make your LinkedIn page look impactful, the importance of buzz words and phrases and why utilising the follow button effectively can provide useful introductions to industry people and organisations.
He also introduces listeners to the video CV - a medium which has increased significantly since the onset of the pandemic and looks set to stay as both candidates and employers reap the benefits. He gives practical advice on how to present yourself on screen and how video might be incorporated as part of a LinkedIn profile.
Tune in next time for a look at interview technique.
EG editor Sam McClary stars in the latest episode of EG Like Sunday Morning, joining Jess Harrold to discuss her week. McClary expands on her latest leader, explaining why she feels London needs a bit of love - and gives her view on the "Marble Arch Mound".
Then, how will she fare in the first EG Like Sunday Morning quiz of the week?
Plus more on what's been keeping McClary busy.
In the second episode of the Resi Talks podcast, EG's residential editor Emma Rosser is back with L&Q’s new chief executive Fiona Fletcher-Smith.
Fletcher-Smith was previously development director and has this year taken the helm, following the departure of David Montague after 33 years at the housing association.
A month into her new role, the pair discuss Fletcher-Smith’s views on diversity in the industry, her own experiences climbing the ladder, cladding and development and Fabric club nights.
Also read: Lockdown diaries: L&Q’s Fiona Fletcher Smith
In this episode of the EG Property Podcast, EG editor Samantha McClary talks to Homes England chief executive Nick Walkley to talk about the impact he has had at the government agency and what happens next.
In it Walkley talks about why he doesn’t want to be labelled a great leader and why his greatest legacy will be other members of the team leaving the business to spread at little bit of Homes England magic throughout the real estate sector.
The conversation covers everything from enabling housing delivery, to understanding the importance of listening and support, to creating diverse and powerful teams and what kind of music Walkley is convinced Urban Splash’s Tom Bloxham has pumping out of his stereo at home.
Listen in here, read online or pick up the latest issue of EG to read the interview in full.
This monthly podcast series from EG sees in-house analysts James Child and Graham Shone delve into the world of data, research and analysis to provide up-to-the-minute insights on market drivers.
In the inaugural episode, a pitch to spend 25 minutes reading numbers directly from an Excel document was rejected. Instead, Shone talks through his latest analysis on ‘third’ office spaces situated outside of the home and headquarters; and where in the country we might see these types of premises springing up as working patterns continue to evolve.
If you’re into property metrics, turn this podcast on and your filters OFF.
Alice Hawker of Selborne Chambers explains the High Court decision in Criterion Buildings Ltd v McKinsey & Co, Inc (United Kingdom) and another [2021] EWHC 216 (Ch); [2021] PLSCS 31 - a £2.3m service charges dispute between management consultancy McKinsey and its former landlord of office premises in the famous Criterion Building in Piccadilly Circus.
Hawker analyses the court's ruling, and identifies what landlords and tenants can learn from the case when it comes to the apportionment of service charges.
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by IJD Consulting director Jane Hollinshead to talk about social mobility in real estate.
The industry has the reputation of being one full of privately educated, posh boys (and girls), but is it really and, more importantly, does it have to be?
Listen in as the pair discuss how the poverty and education gap scarring future talent, how social economic balance is the lost golden thread of inclusion and diversity, how the real estate industry needs to tackle it head on so it gets woven into every aspect of the industry’s D&I strategies and ideas on how to turn that thread into a robust golden rope.
This is the second in a series of conversations around talent with Hollinshead. Listen to the first about how to pivot in a post-Covid world here
Will an AirScore become as powerful a deciding factor on whether occupiers take space as rents and lease terms?
It is certainly a question that is worth debating, according to AirRated chief executive Francesca Brady and AshbyCapital property director Tom Smithers.
AshbyCapital’s The Future Works development in Slough, Berkshire, has just become the UK’s first property to receive a platinum rating from AirRated for its indoor air quality.
According to AirRated’s assessment, the 100,000 sq ft building has exceptionally low levels of PM2.5, with levels will below those set by the World Health Organisation.
But why does indoor air quality matter? And why are more and more developers looking to get a certification for their buildings?
In this episode of the EG Property podcast, Brady and Smithers – with host, EG editor Samantha McClary – discuss what role air quality has to play in the campaign to bring people back to the office, what value it offers to potential occupiers and investors and why it is being asked about in real estate discussions more and more every day.
In episode two of EG Like Sunday Morning, residential editor Emma Rosser and head of office and workplace research Graham Shone join Jess Harrold to discuss resi, offices and Weetabix... not necessarily in that order.
Shone offers the lowdown on his London Office Market Analysis for Q4 2020, and a preview of his regional findings. Rosser explains Robert Jenrick's plans for a residential developer levy to meet the cladding crisis. But which is the most exciting sector of all - offices or resi? Tune in and decide for yourself.
After an extended Christmas and New Year break, EG’s Bricks & Mortar returns with a careers trilogy.
In this first episode, Bricks & Mortar host, Sarah Jackman is joined by Nick Carman – Partnership Director at Macdonald & Company, a specialist recruitment consultancy for the real estate and built environment sectors – for a look at getting that first step on the ladder.
With a particular focus on graduates (though equally applicable to school leavers and those changing career), Nick takes listeners through putting together a CV, how to build connections in the industry and why time spent researching and attending events and seminars can help to demonstrate a genuine passion for the industry.
He also emphasises the importance of not overlooking local options in the search for work experience and the value of “going the extra mile”. As he sums up: “if you’re going to do it, make sure you throw everything at it. We want to see that energy, that enthusiasm and that persistence as to why you’re going to succeed in that industry. If you offer a lacklustre approach, it’s usually full of disappointment on both sides.”
Tune in next time to hear Nick talk about how to make the most of LinkedIn and other online tools to optimise the job search.
Introducing a brand-new weekend podcast series in which members of the EG team digest the week's events, and offer their unique real estate insights. In this inaugural episode, host Jess Harrold, deputy legal and professional editor, is joined by deputy editor Tim Burke and London and offices reporter Alex Daniel.
Daniel offers his initial impressions of the London office market in 2021, and he and Burke assess the particular challenges faced by flexible office providers in the troubled Covid-19 landscape - as well as the opportunities out there for those in a position to take advantage.
In addition, talk turns from what Oxford Street can learn from the Champs-Élysées...to what's going on with the stock market...to the death of Julius Caesar. You heard it here first, on Sunday morning.
In this first episode of EG's new Resi Talks podcast, residential editor Emma Rosser explores the rising phenomenon of inexperienced investors losing money to permitted development rights.
From Magna Capital to other more high profile failings from Signature Living and Inspired Developments, office-to-resi developers are buckling under hidden costs and a challenging sales market and homes that banks refuse to mortgage.
Retail investors backing mini bonds have lost money and the FCA is now clamping down on risky or potentially fraudulent operations.
Joining Emma to discuss how and why small investors are getting burned by PD and what that means for the industry is fund expert John Forbes, London agent Jonathan Vandermolen and BPF head of policy, Ian Fletcher.
In this episode of the EG Property Podcast EG editor Samantha McClary and deputy editor Tim Burke bring you the best bits from their collective interview with not one but all five of the new chief executives of the UK’s largest listed real estate businesses.
The conversation, with British Land’s Simon Carter, Landsec’s Mark Allan, Lynda Shillaw of Harworth Group, Sarwjit Sambhi of St Modwen and via the medium of email, Hammerson’s Rita-Rose Gagné, spans everything from ESG, to wellness, the need to bring flexibility and higher quality to our places and spaces, to the role that real estate needs to play to make itself heard.
It is an honest and human conversation with the new leaders of UK real estate.
Click here to read it
Alison Hardy, partner at Ashurst, explains the Supreme Court's decision in Financial Conduct Authority v Arch Insurance Ltd and others, a test case on the applicability of business interruption insurance policies to the circumstances arising out of Covid-19.
Hardy looks at the practical implications for afflicted tenants, their landlords and for the insurers themselves.
In addition, she offers her views on the other main battlegrounds likely to keep the courts busy in the wake of the pandemic.
In this episode of EG Property Podcast EG editor Samantha McClary talks with Chris Grigg, the former chief executive of British Land, about his 12 years running one of the country's oldest property company.
Over the 40 minute conversation Chris and Sam chat about everything from modernising British Land, how to lead on diversity when you are a white middle class man, what it's like running a public business for so long, the highs the lows, what advice Chris would give anyone looking to be a future leader... And why knowing what people are thinking and being able to predict the future would be the greatest superpower any CEO could possess.
The interview was recorded as part of a Movers & Shakers event and can be watched here if you'd prefer a visual treat or you can read the interview in EG on online at www.egi.co.uk/news
Earlier this month, Landsec got the go ahead for a major redevelopment of 25 Lavington Street, SE1. The 370,000 sq ft project, Timber Square, promises to be a net zero carbon development.
One quarter of the existing building will be retained, materials recycled and, as its name gives away, timber will be utilised extensively.
In this podcast, EG editor Samantha McClary chats to Landsec’s Matt Flood and Nils Rage and the architect behind the scheme, Peter Fisher from Bennett Associates to find out more about the project and the drivers behind its sustainable ambitions.
Experts in the field join Jess Harrold to offer their own thoughts on the three most important property cases of 2020.
Emma Humphreys, partner at Charles Russell Speechlys, considers the significance of the Supreme Court restrictive covenant decision in Alexander Devine Children’s Cancer Trust v Housing Solutions Ltd.
Roger Cohen, partner at Bryan Cave Leighton Paisner, offers his own personal reflection on his involvement in Cardtronics Europe Ltd and others v Sykes (VO) and others.
And Joanne Wicks QC and Emer Murphy, barristers at Wilberforce Chambers, join forces once again to discuss the implications of our number one case, Duval v 11-13 Randolph Crescent Ltd.
This year has been year that businesses have had to get much closer to their staff and have done so by being distant from them.
But it has also been a year where the slowdown in business and economic turmoil has meant many businesses have had to have difficult conversations and slimdown their headcounts.
It has been a year where looking after your talent and getting the best from it has never been more important.
In the last of EG’s Tales of the Unexpected podcasts, a series looking at the lessons learnt out of the forced changes we have all had to make during the coronavirus pandemic, EG editor Samantha McClary is joined by Kate Jansen, director of organisational development at Willmott Dixon, Chris Keates-Lewis, HR & operations partner at TFT, Robin Panrucker, senior talent development business partner at Taylor Wessing and Jennifer Howells, head of talent management at JLL, to talk about what we have learnt about our people and what our people have taught us about how to operate our businesses.
No-one could have imagined the hand dealt to cities this year.
Imagery of vacant major cities where we wouldn’t have been surprised to have seen tumbleweed blowing across streets flooded the internet. Wildlife took over. People, business and the hustle bustle disappeared. The rulebook on what a city was, was torn up.
That was cities during the pandemic. But what will cities look like and how will they operate in a post-pandemic world. Will the hustle and bustle come back as quickly as it disappeared, or have cities changed forever?
In the third of EG’s four part series looking at the lessons learnt out of the forced changes we have all had to make during the coronavirus pandemic, EG editor Samantha McClary chats to Sophie Chick, director of World Research at Savills, Henry Pelly, senior sustainability consultant at Max Fordham, Andrew Rich, fund manager at Nuveen and Susan Samuel, real estate partner at DLA Piper about what a re-imagination of our cities will look like and what city investors, developers, dwellers and workers have learnt from this most unexpected of years.
After a tumultuous twelve months, EG’s Jess Harrold and Sarah Jackman have produced their top 10 cases of the year.
The list features everything from telecoms to landlord and tenant and business rates to insurance – as well as a few honourable mentions.
Has your case made it? Tune in for the full count down from ten to the number one spot.
(The selection is based on decisions handed down between 1 January and 14 December.)
When a global crisis struck in 2008, sustainability quickly got pushed down the agenda by businesses. There wasn’t the available cash to spend on being green, went the rhetoric.
But when a global pandemic struck this year, the opposite happened. Despite the worldwide shutdown of economies, despite the hardships faced by individuals and businesses alike, a focus on sustainability and social impact has never been more important.
Now corporates can’t afford not to invest in it.
In the second of four special EG Property Podcasts looking at the lessons learnt out of the forced changes we have all had to make during the coronavirus pandemic, EG editor Samantha McClary chats to Tor Borrows, executive director of sustainability and innovation at Grosvenor, David Goatman, head of energy & natural resources EMEA at Knight Frank, Sonny Masero, chief strategy officer at Evora Global, Cherie Norris, Herts IQ programme manager at Hertfordshire Innovation Quarter and Sarah Ratcliffe, chief executive of the Better Buildings Partnership, about why sustainability and been a winner in this crisis and what they hope real estate continues to do to keep climate under control.
In this week’s We’re Still Here podcast EG editor Samantha McClary and deputy editor Tim Burke talk about a bumper issue of EG looking back at the most unusual of years.
Crammed full of big reads for you to digest alongside all those mince pies or whatever other festive treats you might over-indulge in, EG’s final printed issue of the year includes a deep dive into the pain and the potential of the retail market, the value to be extracted from temporary uses, what a re-imagination of Oxford Street could bring as well as a wander down memory lane, featuring some of the biggest stories from the year and our greatest Lockdown Diaries.
Listen in to hear Sam and Tim not only discuss their 2020 highlights and what they have been most thankful for this year, but to unleash their inner Springer too.
Future of Real Estate: In a critical week for Brexit negotiations, investment minister Lord Grimstone tells Damian Wild that this sector has a vital role in driving post-Covid investment in the UK. He’s hoping for geopolitical and health-related uncertainties to lift in the new year, and for the “propensity to invest” to return. Tech, home working and, especially, sustainability will propel change, he says – and real estate should lead the drive to build back better.
Town centres with big units are facing challenging times but experienced private investors are still looking for retail investment opportunities through auction and private treaty. By Julia Cahill
Warren Buffett famously told investors to “be fearful when others are greedy and greedy only when others are fearful.” The multibillionaire investor’s advice in his 2004 letter to shareholders was aimed at those who “insist on trying to time their participation in equities”.
But it’s a mantra for some of the most highly experienced private investors in the commercial property market too, Allsop partner George Walker told a Future of Auctions podcast.
Indeed, one such seasoned investor saw the perfect opportunity to satisfy buyers who were certainly hungry, if not greedy, in the 3 November Allsop commercial auction.
From his home in Florida, the vendor created an online bidding frenzy by placing an office building opposite Windsor Castle into the auction. The 4,000 sq ft Grade II listed building offered £100,000 of income per annum, a lease expiry in 2023 and clear residential redevelopment potential.
In the latest EG Property Podcast, focused on talent, EG editor Samantha McClary talks with Lisa Unwin and Deb Khan, two women who have made a career of promoting and empowering other women.
This discussion wide-ranging discussion looks at why women are more likely to leave their professions, why that is happening more now, what that lack of talent means for an industry and how we make sure it comes back.
It also investigates the value of older, more experienced people in your business, taking a career break when you are still reasonably new to your career and why more women need to talk about their business acumen and they add real value (aka income) to business.
This episode is the second in a new series focused on talent in the real estate sector. If you have a story of your own journey back into the workforce to share or a burning topic you’d like to hear discussed, e-mail samantha.mcclary@egi.co.uk
As distressed situations rise, recovery experts say Covid-19 has convinced them that online auctions have a vital role to play in reaching investors who are keen to create value. Julia Cahill reports
“There are a lot of people just waiting to see how things play out… There’s all kinds of pain to come but there will be opportunities for people to get hold of assets and make them work,” says Nick Myers, partner in restructuring and recovery at accountant Smith & Williamson.
Distress has historically filtered through to the auction room as one route through which creditors look for an exit when there are property assets in play, and this was the focus of the final podcast in our EG Future of Auctions series.
Ollie Childs, head of commercial auctions at online auction house BidX1, has recently handled the distressed sales of a retail park and two shopping centres and he expects to see more activity around retail stock in H1 next year as well as around buy-to-let properties and smaller development sites.
Childs says there is a strong market of investors willing to buy value-add opportunities.
For many cash-rich private investors the chief attractions of investing in the high street have been secure assets and reliable income. But well before the Covid-19 pandemic, a large proportion of high street investment stock was already leaving landlords exposed to significant uncertainty due to the weak occupational market. And coronavirus has pushed many high street investments even further up the risk curve.
Roger Cohen, partner at Bryan Cave Leighton Paisner, explains the Court of Appeal's decision in Southwark London Borough Council v Ludgate House Ltd [2020] EWCA Civ 1637; [2020] PLSCS 221 - a potentially significant case on non-domestic rates and the use of property guardians as a rates mitigation measure for empty properties.
Cohen outlines how the scheme has worked in practice, and what the lower tribunals made of its operation in this case. Then, he addresses the Court of Appeal's ruling in favour of the billing authority, and what this means for property owners and property guardian providers. In addition, he offers his views on the wider issues relating to rating of empty properties.
The unexpected happened this year. The world shutdown. Physical human interaction stopped and we had to go digital.
Digital transformation was already taking place in the built environment, but it was largely being led by the innovators. Since March, everyone has had to innovate and digitise and has to do so at speed or face the consequences.
In the first of four special EG Property Podcasts looking at the lessons learnt out of the forced changes we have all had to make during the coronavirus pandemic, EG editor Samantha McClary chats to Max Bengtsson, head of marketing at LandTech, Beth McArdle, a partner at Shoosmiths and Sophy Moffat, head of research at Cluttons, about how adoption of tech and adaptation to a digital world has not just shaped property but people too.
During this 30 minute conversation they look at how adoption of tech and adaptation to a digital world has shaped not just property but people too, the key lessons that real estate has taken from the pandemic, some of the lessons they think it might – but hope it won’t – forget and do their very best to deliver some happily ever afters for this particular tale of the unexpected.
Since the UK’s first lockdown put a stop to in-room auctions overnight, there has been a surge in online auctions to replace them. Change which looked set to take years has been crammed into less than eight months as technology and the Covid-19 pandemic combined to transform the market.
In this latest episode of Bricks & Mortar, EG’s Sarah Jackman is joined by Chris Ridgway - head of business space lease advisory at Colliers - to explore the role of the rent review surveyor.
They go back to basics and discuss what a rent review means, how it is conducted and the type of person that’s suited to the role. Chris reflects on how he found his way into the profession, what he’s most enjoyed about it over the years and how being inquisitive, analytical and understanding the market are all key to being successful in the role.
Ultimately though “To be successful, you need to understand what you enjoy and what you’re good at because if you enjoy something, you’ll be good at it and if you’re good at it, you’ll enjoy it.”
Cities in the UK and around the world have set themselves ambitious net zero carbon targets. Advancing those is an imperative but how do we do that while still enabling liveable, thriving and prosperous places?
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by Gordon Affleck, a partner at 10 Design, Claudine Blamey, head of sustainability & digital strategy at Argent, Colin Hutchison, managing director at Elioth by Egis and Aref Lahham, managing director of Orion Capital Managers, to explore the challenges and opportunities of the carbon neutral city and how people’s behaviours will need to change to achieve these goals.
It is a conversation that very quickly turns to one about the need for regulation and a discussion that unapologetically raises the question of cost.
It is also a conversation that could have gone on for much longer, so keep your ears primed for round two in 2021 when we’ll take an even closer look at the economics of doing the right thing.
In this week’s We’re Still Here podcast EG news editor Pui Guan Man joins EG editor Samantha McClary to talk all things retail.
They discuss the misfortunes of Arcadia and Debenhams, how the circa £2bn of rates relief refunds offered up by the big supermarket chains should be utilised and how retail landlords are doing their bit in the national effort to bring the UK back to physical and economic health.
Also up for discussion is how the banking community is readying itself for a brace of problem loans and exactly what “the gossip in the steamie” means.
In this episode of the EG Property Podcast, recorded as part our Future of Sheffield event, EG editor Samantha McClary is in discussion with Kellie Hatton from Shoosmiths, Mark Jackson from Scarborough Group, Professor Vanessa Toulmin from the University of Sheffield and Martin McKervey, chair of the Sheffield Property Association.
The panel talk about what the heart of Sheffield really is, the role that culture and collaboration will play in its journey out of the Covid-19 caused downturn and how its should grab hold of and celebrate its unique weirdness.
It is a wide-ranging discussion but one that is definitely worth a listen, so grab a cuppa or lace up your trainers for a little panel and PT session and enjoy.
Thanks to our Future of Sheffield partners Shoosmiths, Scarborough Group International and Sheffield Property Association.
If you’d like to watch this interview instead of listen, visit https://www.egi.co.uk/thefutureofukcities/sheffield/
In this episode of the EG Property Podcast, recorded as part of our Future of Sheffield event, EG editor Samantha McClary is talking with Alexis Krachai, chief executive of the Sheffield Property Association about how the city has coped during the Covid-19 pandemic and what it is doing to make sure it enters 2021 on a strong footing.
Thanks to our partners on the event Shoosmiths, Scarborough Group International and Sheffield Property Association and to you in advance for listening.
In this week’s We’re Still Here podcast from EG, deputy editor Tim Burke and senior reporter Emma Rosser discuss some of the breaking residential deals happening in east London, as well as the repercussions for real estate from this week’s spending review.
You’re also invited to put yourself or a colleague forward for this year’s EG Future Leaders programme. Now entering its third year, this award-winning initiative is looking for 12 individuals from groups underrepresented in the built environment to take part in a four-month public speaking course and then give a live presentation at an EG event. For all the info and to apply for a place, head to https://www.egi.co.uk/futureleaders/
In this episode of the EG Property Podcast EG editor Samantha McClary is talking with industry consultant Jane Hollinshead about talent in a Covid world, about the power of the pivot and about how the industry needs to get better at enabling more movement within the sector instead of out of it.
They also talk about how the Covid environment runs the risk of undoing all of the good work the sector has done on D&I and Jane shares her tip on how to make the jump from safety to fulfilment.
The episode is the first in a new series focused on talent in the real estate sector. If you have a story of your own pivoting journey to share or a burning topic you'd like to hear discussed, email Sam at samantha.mcclary@egi.co.uk
Debate may rage about what Covid-19 means for the future of the office. And there has been no shortage of discussion on what it means for town centres too. But what about other aspects of real estate? Will there be a great reset for valuations, for landlord-tenant relations and for the government’s attitude to real estate? Won’t these be the areas where we see the greatest changes of all?
In this latest episode of Bricks & Mortar, EG’s professional & legal editor, Sarah Jackman, is joined by Jen Lemen - an RICS APC assessor and co-founder of Property Elite - for a look at RICS ethics and professional standards.
The RICS’s current guidance is contained in its Global Professional and Ethical Standards, Rules of Conduct for Members and Rules of Conduct for Firms. However, it is currently consulting members on a new Professional Statement – Statement of Ethical Principles and Rules of Conduct - which, if adopted, will come into force in June 2021.
What has motivated the proposed change? What is in the detail? And what do both members and APC candidates preparing for final assessment need to be aware of?
Tune in to get up to speed on the detail.
In this week’s We’re Still Here podcast, EG editor Samantha McClary is joined by reporter Lucy Alderson to talk about the findings from EG’s latest mental health survey.
The industry remains one of most affected by mental health issues with half of respondents saying they had experienced unmanageable stress and/or mental health issues in their current role. A figure well above the national average of one in six.
The pandemic has understandably had an impact too, with more than 50% of respondents saying they thought that working from home had negatively affected their mental health. Stress around job security, finances and feelings of isolation were also highlighted as specific issues this year.
But, the Covid crisis has also pushed the importance of understanding mental health and wellbeing much further up the agenda of many businesses, with a whopping 20 percentage point move in the correction direction when it came to how comfortable people felt talking about their mental wellbeing at work.
Visit EG’s mental health hub at https://www.egi.co.uk/mental-health/ for the results in full and much, much more.
Or listen in to this week’s We’re Still here for the lowdown from Lucy Alderson, some reasons to be cheerful from Samantha McClary and for your chance to figure out just why they spend quite so long talking about Double Deckers.
Hannah Quarterman, partner and head of planning at Hogan Lovells International, explains the High Court decision in R (Rights: Community: Action) v Secretary of State for Housing, Communities and Local Government [2020] EWHC 3073 (Admin); [2020] PLSCS 208 - an eagerly awaited judgment in a judicial review challenge to the government's planning measures introduced during the pandemic.
Quarterman explains why campaign group Rights: Community: Action is opposed to changes to permitted development rights and to the use classes order, intended to give greater flexibility to stimulate development - and outlines the legal grounds of challenge it pursued in court.
She details the court's findings, considers the prospects of any appeal, and takes a broader look at the planning issues that lie behind the judicial review.
This year has tested the mental health of millions, with Covid forcing the country to lockdown and work from home. Property has been no exception, and EG's 2020 mental health survey has revealed the toll that the pandemic has taken on real estate professionals. With two thirds of workers stating Covid has had a negative impact on their mental health and over half claiming their mental health has not improved (or has worsened) since last year, the results make for a worrying read, according to industry leaders. EG tech and global reporter Lucy Alderson sits down with Avison Young UK principal and president Jason Sibthorpe, The Crown Estate’s Head of HSE and Wellbeing Henrietta Frater, and Hollis HR partner Melanie Olrick to dig deeper into the survey results and ask what the industry needs to do next to improve the sector's mental health post-Covid.
In this episode of the EG Property Podcast, EG editor Sam McClary is joined by Andrew Leiper, net zero carbon leader and principle engineer at Max Fordham, Louise Ellison, head of sustainability at Hammerson and chair of the Better Buildings Partnership and Steven Barrett, chief executive of SME developer Wholehomes, to talk about getting to net zero carbon in the small to medium enterprise environment.
It is a conversation that span everything from carrots and sticks, collaboration, costs, business imperatives and just how likely we are to solve the climate change problem.
Download a copy of Max Fordham's guide to net zero at: https://www.netzerocarbonguide.co.uk/
EG’s We’re Still Here podcast has a new stand-in host in the form of EG editor Samantha McClary, who will be taking over while Emily Wright takes a few months out for a new life adventure.
She will be back but in the meantime, to ease the transition, WSH regular EG’s residential and planning expert Emma Rosser joins the episode to unpick why PD applications have plummeted despite new planning reforms enabling even more asset classes to be converted through PDR and why strategic land is suddenly in favour.
Listen in for all of that, the formation of a potential new development duo and a run down on the can’t miss content in EG and online this week.
What does the future look like in Scotland? Despite recent changes, the long-term trend of urbanisation looks set to continue, with a greater emphasis on how space can be used for social good. In this session we discuss the changes to city-centre living and what this means for offices and retail. How do real estate and the Scottish Government work collaboratively to ensure sustainable growth for all?
Speakers: * Nicola Barclay, Chief Executive, Homes for Scotland * Jenny Laing, Co-leader, Aberdeen City Council * Barry McKeown, Partner, Shoosmiths * Bruce Patrick, Head of Commercial and Mixed Use Development – Scotland, Savills
Chair: Damian Wild, Editor-in-Chief, EG
Sustainability is essential to all stages of the real estate investment process. How can cities and real estate implement an environmental strategy into their investment process? What if we as the real estate industry and as a powerful investment sector sought to push more capital into sustainable assets?
Speakers: * Hero Bennett, Sustainability Leader, Max Fordham * Claudine Blamey, Head of Sustainability and Digital Strategy, Argent * Sarah Ratcliffe, Chief Executive, Better Buildings Partnership * David Willock, Head of Sustainability & Structuring, Lloyds Banking Group
Chair: Samantha McClary, Editor EG
In this session we will look at the unique role that cities play in creating an equal society. We will investigate how planning can and should play a role in designing out exclusion, the role of infrastructure – physical and digital – in integration and how a new view on development should be able to bring people from all walks of life together. Should later living just be for the over 65s? Or are there societal (and economic) benefits of bringing the young to live alongside them?
Speakers: * Emma Cariaga, Joint Head of Canada Water Development, British Land * Angus Millar, Councillor, Glasgow City Council * Amos Simbo, Founder, Black Professionals in Construction * Christopher Stanwell, Partner – Head of Planning, DAC Beachcroft
Chair: Tim Burke, Deputy Editor, EG
Keynote Q&A: Tony Reeves, Chief Executive, Liverpool City Council.
Liverpool is leading the way: they’re creating a thriving and sustainable city. That is fair for everyone. This is about more than economic strengths but working together with the community to drive innovation and growth. How is Liverpool working with different sectors and the real estate industry to truly drive transformational change for the city and its people.
Speakers: * Bill Addy, Chief Executive, Liverpool BID Company * Mark Bousfield, Director of Commercial Development & Investment, Liverpool City Region Combined Authority * Helen Brown, Partner, Brabners * Stephen Cowperthwaite, Principal & Managing Director – Liverpool, Avison Young * Tony Reeves, Chief Executive, Liverpool City Council * Ian Taylor, Partner & Head of Real Estate & Construction – North West, RSM
Chair: Damian Wild, Editor-in-Chief, EG
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down with the co-authors of Broken Homes: Britain’s Housing Crisis UK Regeneration chief executive Jackie Sadek and writer and former editor of EG, Peter Bill to talk about how government, commentators and even housebuilders have largely got the housing crisis wrong, how planning reforms and MMC won’t save the day but why nationwide space standards, the right regulation and thinking about the people might just be the key.
Listen in for a frank, honest and open discussion about all that and much, much more.
To pick up a copy of Broken Homes visit https://www.troubador.co.uk/bookshop/history-politics-society/broken-homes/
The planning and design of our urban spaces has a huge impact on the mental health and wellbeing of millions of people. With new research, thinking and masterplans ahead, we can start to incorporate what people need in the future urban design of our cities.
Speakers: * Philippa Gill, Director - Europe, Evora * Simon McCabe, Deputy Chair & Chief Executive, Scarborough Group * Lisa Woo, Head of Placemaking, Enfield Council
Chair: Tim Burke, Deputy Editor, EG
How will the identities of cities as specific innovation hubs, from advance manufacturing to biotech and beyond, enable growth and success? How can cities and real estate work together to support a new generation of talent to rebuild the UK’s economy?
Speakers: * Francesca Pintus, Senior Urban Designer & Principal, HOK London Studio * Nick Searl, Joint Managing Partner, Argent Related * Rob Stewart, Leader, Swansea Council
Chair: Melanie Leech, Chief Executive, British Property Federation
Chris Stoner QC and Andrew Francis from Serle Court Chambers dissect the Supreme Court decision in Alexander Devine Children’s Cancer Trust v Housing Solutions Ltd [2020] UKSC 45; [2020] PLSCS 201, involving what was found to be a "cynical breach" by a developer of a restrictive covenant, the benefit of which was enjoyed by a charity.
Stoner and Francis analyse the court's findings in detail, address its implications and explain why the case is a clear warning for developers to take restrictive covenants seriously.
Voted the No.1 core city for quality of life as well as being the UK’s fastest-growing city, Cardiff is steaming ahead. How is it investing in innovation and people to drive economic growth? And how will Cardiff unlock its full potential through improved connectivity and transport infrastructure?
Speakers:
- Louise Harris, Co-Founder & Director, Tramshed Tech
- Huw Thomas, Leader, Cardiff Council
- Chris Potts, Senior Planning Director, Savills
Chair: Damian Wild, Editor-in-Chief, EG
Cities are recognising the importance of optimising how their public space is designed and used and how the spaces between buildings and places are vital to the success of a city as a whole. The efficiency of land use is key to enhancing inclusive and sustainable urbanisation. Public space has a key role in making cities liveable. To be used to their full potential, public spaces need to be safe, age-friendly, and accessible and inclusive for all.
Speakers: * Dipa Joshi, Partner, Fletcher Priest Architects and Mayor's Design Advocate * Rick Lawrence, Partnerships & Property Director, LCR * Nicola Rigby, Principal, Planning Development & Regeneration, Avison Young * Nalin Seneviratne, Director – City Centre Development, Sheffield City Council * Nick Shattock, Chief Executive, Impact Developments
Chair: Emily Wright, Head of Special Projects and Tech Editor, EG
Belfast is charging ahead and investing in its future to deliver economic empowerment – especially for its young and dynamic labour force. How is the city changing to adapt to its talent pool through residential? How is renewed city centre living changing the area? And how do these changes reflect in the transport investment Belfast is currently undergoing?
Speakers * Mark Blair, Partner, Shoosmiths * Fionnuala Brennan, Head of Corporate Property, AIB * Chris Conway, CEO, Translink * Gareth Howell, Divisional Director, Savills * Alistair Reid, Strategic Director for Place and Economy, Belfast City Council
Chair: Damian Wild, Editor-in-Chief, EG
More and more developers and investors are utilising digital twins for their buildings to make sure that they can optimise them. We need to do the same for cities. How can we utilise data and technology to truly create thriving cities? How does everyone that is invested in a city – from politicians and investors to citizens – share and use this data for the greater good?
Speakers: * Dan Drogman, CEO & Founder, Smart Spaces * Rupert Green, Technology Architect, Lendlease Digital
Chair: Emily Wright, Head of Special Projects & Tech Editor, EG
How do we provide sufficient affordable housing to an increasingly varied population and ensure inclusiveness and integration at the same time as reducing environmental impacts? And how do we embed a people-centred approach to providing truly liveable cities.
Speakers: * Emma Fletcher, Director, Hill Group and Managing Director, SmithsonHill * Chris Jones, Partner, 10 Design
Chair: Tim Burke, Deputy Editor, EG
How cities plan and deliver local initiatives and what is the environmental and global impact. This could be pedestrianisation, repurposing of space, creating more green public space within urban heartlands or launching projects that ultimately affect the increasing health of the city itself and the people in it. When cities act individually, they can solve their own problems; when they act together, the hope is that they can help address global problems.
Speakers: * Stephen Cowperthwaite, Principal & Managing Director – Liverpool, Avison Young * Steve Turner, Director for Devolved Authorities, Connected Places Catapult * Patricia Brown, Director, Central * Amanda Reynolds, Director, AR Urbanism
Chair: Samantha McClary, Editor, EG
In this episode of the EG Property Podcast, former chancellor of the exchequer Philip Hammond talks to EG editor Samantha McClary about the the UK economy and the challenges it faces in not only dealing with Covid and Brexit, but also with the fourth industrial revolution and addressing climate change.
As chancellor, Hammond focused on the long-term productivity challenges facing the UK economy. He was a strong advocate for the financial services sector – especially for the fast-growing fintech sector. He championed the cause of SMEs and the need for greater access to long-term growth capital to allow successful British start-ups to scale up in the UK, rather than seeking capital overseas.
Listen in to this episode, recorded as part of EG's Future of UK Cities event, to hear a frank and honest view of the health of the nation and why Hammond knows he would never have been as popular as today's chancellor, Rishi Sunak.
And as if that wasn't enough to tempt you, Hammond also gives away a state secret that might just be the key to helping real estate get its voice heard more clearly in government.
Bristol sits at the heart of the fastest-growing region outside London. Not only is it consistently rated as one of the best places to live in the UK, it is a thriving and innovative city where everyone is invited to share in its successes. How is Bristol creating a connected city while ensuring long-term sustainability? And how is economic growth aligned with the health and wellbeing of Bristol’s citizens?
Speakers: * Nicola Beech, Cabinet Lead for Spatial Planning and City Design, Bristol City Council * Pete Gladwell, Head of Public Sector Partnerships, Legal & General Investment Management * Oona Goldsworthy, CEO, Brunelcare * Paddy Hales, Head of Bristol office, Savills * Clare Reddington, CEO, Watershed
Chair: Damian Wild, Editor-in-Chief, EG
The future of any successful place relies on collaboration, a team effort and a collective commitment to delivery. Utilising and engaging with people to come up with solutions for urban challenges is vital. A city is more than the sum of its buildings, but it is only as resilient as its people.
Speakers: * Josh Artus, Co-founder, Centric Lab * Jen Hartley, Director, Invest Newcastle and Interim Head of Economic Development * Sarah Hayford, Founder & Development Editor, The Land Collective * Adam Scott, Founder & Global Creative Director, Free State
Chair: Samantha McClary, Editor, EG
An unhealthy urban environment can contribute to an ailing population, both mentally and physically. And that’s not to mention the impact on the environment. Real estate has an opportunity and responsibility to invest in and build cities that both uplift and thrive.
Speakers: * Louise Ellison, Group Head of Sustainability, Hammerson * Kirsten Hewson, Head of Real Estate Division, Shoosmiths * Mark Prisk FRICS, Director & Strategic Adviser * Andrew Raven, Director, Urban Design, Savills * Dr Nigel Wilson, Group Chief Executive, Legal & General
Chair: Julia Cahill, UK Cities Editor, EG
In this episode of the EG Property Podcast, EG editor Samantha McClary talks with Bristol Mayor Marvin Rees about leadership, resilience and what Bristol needs from the built environment.
Rees talks about his journey to leadership, about diversity - the lack of it and the need for more - and about how difference is one of the greats tools any establishment can have.
Listen in to find out more.
On this week's We're Still Here podcast, host Emily Wright is joined by residential reporter Emma Rosser and editor Sam McClary for a chat about all things planning. That an a bit of a post-party debrief following last night's virtual EG Awards.
Up first, Rosser give sus the lowdown on the industry's response to government planning reforms which have been widely slated by the sector for "ignoring commercial property while still calling for the sector to foot the bill for the overhaul."
The British Property Federation (BPF) has flagged concerns that the 80-page document does not include a single reference to "commercial property". Hugh Ellis, director of policy at the Town and Country Planning Association added that both the private sector and commercial real estate leaders should collaborate on alternative reform that would represent "an increased focus, not on delivery, but on detail expertise, knowledge and evidence to fix the problems, rather than this ideological nonsense."
But how realistic is an industry-wide alliance? And will government listen? Tune in to hear Rosser's thoughts and predictions on the ongoing saga.
Also on this week's episode a run-down from editor Sam McClary following this week's EG Awards. The event marked the 16th awards but the first presented on a virtual stage and was a welcome celebration in the midst of a tough year. For more, check out the podcast or see the full list of winners here https://www.egi.co.uk/eg-awards-2020/.
How can real estate be part of the solution when it comes to tackling the most pressing societal issues – inclusion, demographic change (not least an ageing population) and wellbeing?
Damian Wild, EG's editor-in-chief, speaks with Bharat Mehta CBE, chief executive, Trust for London, followed by a panel with:
- Jenny Herrera, chief executive, Good Business Foundation
- Paul Alger, partner, Shoosmiths
- Peter George, programme director, Meridian Water Project, Enfield Council
With the future of work looking very different to its past, how can real estate help solve the UK’s productivity problem?
Emily Wright, EG's tech editor, discusses the issue with Dror Poleg, author of 'Rethinking Real Estate'. We also hear from Piers Nickalls, head of leasing, Brent Cross Town, Argent Related; Tripty Arya, founder & chief executive, Travtus; and Steven Skinner, UK chief executive, HB Reavis.
On this week's We're Still Here podcast, host Emily Wright is joined by EG's head of retail and industrial research James Child as EG analysis reveals that a flood of lease expiries over the next five years could see close to 1bn sq ft of space back on the market.
Analysis using EG's Radius Data Exchange shows that almost 65% of retail and food beverage leases signed since 2015 will expire of have lease breaks between now and 2025, potentially delivering some 975m sq ft back to landlords.
Child delves into the data in greater depth on this week's podcast and urges the sector to be prepared and act now but not to get too caught up in negative headlines but instead to focus on how the industry can manage the situation.
From repurposing and reanimating retail spaces for the future to recognising accelerated trends and the rise of independent retailers, Child discusses how landlords might manage the "glut of space" expected to arrive in the market over the next few years and how to rent it.
Read the full story and analysis here https://www.egi.co.uk/news/lease-release-1bn-sq-ft-could-be-handed-back-to-retail-and-leisure-landlords/ or tune into this week's podcast for Child's story round-up.
Damian Wild, EG editor-in-chief, speaks with Greg Dyke, chair of Make it York, on whether cities such as York can flourish without leaving London in the dust.
Can London recover its position as Europe’s biggest investment market, or will the Covid-19 hangover and Brexit see it fall further behind rivals?
Is the city's position as Europe’s financial centre under threat due to Brexit – and what impact might this have?
Join EG's deputy editor Tim Burke as he talks with PGIM Real Estate's Eric Adler, DWF's Melanie Williams, CC Land's Adam Goldin and Tim Munn of Mayfair Capital.
On this week’s episode of EG’s We’re Still Here podcast, host Emily Wright is joined by EG’s deputy editor and head of content Tim Burke.
The pair kick of the episode with a review of our EG Talent Special out this week. From catching up with some of our original Future Female Leaders to introducing the 5th cohort of EG Rising Stars, it is an homage to all things fresh, bright-eyed and future-focused.
Wright reveals what she thinks it takes to be considered a Rising Star in today’s real estate market highlighting the fact that, ever since EG started putting together the annual list in 2015, there has always been as much of a focus on people impacting the industry who do not have a traditional real estate background as those who do. This year is no different with an array of Rising Star finalists from the worlds of property, tech, finance, retail, sustainability and well-being. Find out more here https://www.egi.co.uk/news/bright-sparks-rising-stars-2020/.
Listeners this week are then treated to some highlights from Burke’s interview with former BBC real estate boss Chris Kane on the post-Covid workplace. Now heading up his own workplace consultancy Six Ideas after stints at NHS Property Services and Networking Housing Group, Kane reveals why he doesn’t think young people will necessarily return to the office and why the pandemic has “poured high octane fuel” on workplace trends.
Check out the full interview here https://www.egi.co.uk/news/the-eg-interview-former-bbc-real-estate-boss-on-the-post-covid-workplace/ or tune into the podcast for some clips of Kane’s chat with Burke.
Back in early 2019 EG gathered its first cohort of Future Female Leaders, a collection of 12 women from across the built environment who would undergo an intense public speaking course and then stand up in front of hundreds of property professions and tell their stories, with no notes and no slidedeck.
But the experience wasn’t just about becoming a powerful public speaker. It was about learning to use your voice, it was about finding out more about yourself, about your value and about exactly what it was that you were passionate about. It was about creating future leaders. A group of 12 that knew exactly what they wanted and how to get it.
In this episode of the EG Property Podcast, EG editor Samantha McClary, asks two of the original FFLs - Knight Frank's Kathryn Cripps and Savills IM's Emily Hamilton - about their recent career moves and what advice they would give to anyone thinking about taking a new big step in an uncertain world.
This podcast was recorded over Teams so while the quality of advice shared is top notch, the sound quality is not quite studio quality.
In this episode of the EG Property Podcast EG editor Samantha McClary is in conversation with Shaftesbury chief executive Brian Bickell.
The pair talk about the importance of landlord and tenant relationships and the role that real estate has to play in helping to amplify the voices of those that often don’t get heard or seen.
As part of Black History Month, Shaftesbury has teamed up with My Runway Group, a youth empowerment organisation dedicated to inspiring and developing young black creatives, to open 21 Youth Street. The pop-up store on Carnaby Street is open until the end of October and will feature more than 50 black owned businesses, providing a platform for them to showcase their brands.
It is an initiative that Bickell is really proud of and one way that he thinks real estate can do its bit. Vacant stores, after all, are not that hard to come by right now, so why not utilise them to do some good?
But before you dive in to the podcast. The usual warning. This was recorded over Teams so the sound quality does sound a little echoey in places. But as always, the conversation is bang on point and really quite the delight for your ears.
Enjoy.
As the Covid-19 crisis continues and we get ready to confront the reality of Brexit, the capital is facing a number of key challenges.
What is the infrastructure - digital, transport and utilities - that London needs to become a truly thriving city?
This latest episode of Bricks & Mortar sees Osborne Clarke’s David Powell look back on his career in the industry. The residential property lawyer – until recently head of the firm’s residential development and landowner sector group – has over thirty years’ experience of advising developer clients and here he shares what he learned during that time.
He reflects on significant change – both in the legal profession and within real estate as a sector – and offers practical advice to those affected by the downturn, including being proactive and understanding your own strengths and weaknesses.
David also has constructive advice for the next generation of property lawyer: “First and foremost, you’ve got to be a decent lawyer. You’ve got to have a reasonable eye for detail. But you have to be able to translate your knowledge of the law into layman’s language so that your clients can understand what you’re trying to do. That applies across the board in terms of law but I think it’s perhaps even more important in the housebuilding industry. The other thing is that you have to understand the sector. You have to understand what keeps your clients awake at night. Understand the politics. Understand what’s coming down the road in terms of new legislation and interpret that for your clients. Make sure you’re with them as a partner rather than just being reactive...”
Tune in now for the full discussion and David’s insights.
On this week's We're Still Here podcast it's all about answering some pretty big questions. Host Emily Wright is joined by EG's news editor Pui-Guan Man and residential reporter Emma Rosser to dive into all things planning, deals, offices and retail.
Rosser kicks off this week's episode with an in depth overview of the planning backlash which has called time on "grotesque" PDR micro-homes before delving into the growing rebellion against proposed planning reforms. The latter has seen former prime minister Theresa May attack the proposals and call on government to come up with an alternative. "My point is simple," she said in a debate in the House of Commons. "These proposals do not deliver on government policies."
Then, Man gives an overview of this week's big deals news and hints at the possibility of a stronger Q4 for real estate than many were expecting and a small victory for retail landlords.
For all of this plus more, tune into this week's episode of We're Still Here.
EG's Jess Harrold interviews Richard Harwood OBE QC, joint head of chambers at 39 Essex Chambers and one of the leading barristers in the planning field.
Together, they discuss Harwood's career, the vital role that judicial review plays in fair and proper planning decision-making, the impact of the 2020 pandemic on planning and the court process, and the government's further proposals for reform of the system.
On this week's We're Still Here podcast, host Emily Wright is back and is joined by editor Samantha McClary for a good, old-fashioned round-up of the week's biggest stories.
If you missed any of this week's content in print, this podcast is the place to catch up as we delve into everything from the new guard shaking up some of real estate's biggest and most traditional companies to why "all is no on pause" as local authorities prepare to press the reset button on major regeneration schemes.
Also this week, we highlight some of the key findings from EG's race diversity survey and discover a big discrepancy between the perceived size of the problem and the reality. If you read one thing this week, make it these results which you can find here https://www.egi.co.uk/news/eg-race-survey-reveals-appalling-insight-into-discrimination-within-industry/.
Results from EG's first survey looking into the race and racism in real estate are shocking but sadly not surprising. The industry is overwhelmingly white. But it is also, according to the survey, overwhelming failing to take action.
In this podcast EG editor Samantha McClary and reporter Lucy Alderson speak with Bola Abisogun, founder of DiverseCity Surveyors, Ghislaine Halpenny, director of strategy and external affairs at the British Property Federation and Chris Ireland, UK chief executive at JLL, about what the result mean and, most importantly, how they have to spur the industry and all of us into making a change.
Click here to read the survey in full
In this latest episode of Bricks & Mortar, Sarah Jackman is joined by Terry Watts, CEO of the Chartered Surveyors Training Trust – an organisation founded in the 1980s to “tackle the lack of diversity in the surveying profession”.
To help support that objective, it this week launches My Environment My Future, a new schools programme seeking to promote the built environment and careers available within the surveying profession to those taking GCSE geography.
Watts discusses the background to the initiative, how the programme’s structured and the positive feedback from the initial pilot project, which suggested that the scheme had been successful in not only promoting an understanding of the sector amongst participants, but in motivating them to consider pursuing a career in the built environment.
He highlights his plans to develop the scheme – including expanding it to cover other careers in the built environment – and how his ultimate aim “is that there will be a GCSE for the built environment just as there’s one in business studies … then there’ll be a route to choose. Meanwhile, we’re trying to signpost as many other routes and other opportunities for people to find out more as we can.”
In this episode of the EG Property Podcast editor Samantha McClary talks to EG’s head of workspace research Graham Shone about his Shifting Working Patterns investigation.
This in depth report, which utilises Radius Data Exchange insight, takes a look at what impact the move to majority working at home really means for real estate. Does it really mean the death of the office? Are city centres now redundant? Is there a hope for local retail as we all spend longer at home and are we all really going to move to the country?
Listen in for Graham’s expert insight and click here to download the report.
We’re Still Here is back for another episode this week, making Friday a Friyay. And while tech and special projects editor Emily Wright is away for the week making pastry somewhere deep in Middle England, tech and global reporter Lucy Alderson has stepped in this week to debrief on this week’s biggest news stories with deputy editor Tim Burke.
And unlike the jam-packed, news-filled week it was for all things property, Alderson and Burke kick off proceedings by discussing how the government’s U-turn on its back to the office campaign could see London turn into a doughnut – nothing in the middle with lots of activity round the edges. The duo discuss the various reactions from real estate heavyweights to the government’s new covid-19 measures, and how it will affect the capital’s recovery in the long-term.
Attentions turn to discussing the latest developments concerning the widespread redundancy programmes taking place across the agency sector. This week saw a number of high profile senior directors strike out on their own to set up new consultancies after losing their jobs, and Alderson and Burke discuss the challenges, but also the opportunities, that removing the stigma around redundancies could present.
The two also discuss another issue that stigma also surrounds – mental health. Last week EG launched its second annual mental health survey to gather insight into the mental health of property’s workforce. Last year’s survey showed that 1 in 4 property professionals had considered suicide, and EG is looking to see whether property has been able to shift those worryingly high stats back. Please help us by filling out the survey here: https://www.surveymonkey.co.uk/r/VBKMQ6Y
Southampton City Council’s Green City Charter has put a commitment to addressing the biggest environmental challenges facing the city front and centre for its business community and residents.
What role and responsibilities does the real estate industry have to play in ensuring the city meets its sustainability targets? And how does the Covid-19 crisis refocus or reinforce those goals?
In this conversation, recorded as part of EG’s Future of Southampton event, deputy editor Tim Burke is joined by:
Pete Boustred, head of green city and infrastructure, Southampton City Council Gary Whittle, commercial director, Meachers Global Logistics Amanda Reynolds, director, AR Urbanism
To access all of our content from the event head to https://www.egi.co.uk/the-future-of-southampton/
Southampton, like so many other cities, is attempting to look beyond the Covid-19 pandemic and map out a path to recovery. But the experiences of its leaders, businesses and residents during the crisis will mean that not everything returns to how it was before.
In this conversation, recorded as part of EG’s Future of Southampton event, we ask how Southampton’s real estate industry and built environment will be reshaped by the events of 2020, and what a thriving, vibrant city centre now needs to look like.
Joining EG’s deputy editor Tim Burke are:
- Nick Jones, head of Southampton office, AECOM
- Gavin Hall, director, planning, Savills
- Jo McGuinness, partner, real estate, Shoosmiths
- Megan Streb, partnerships manager, Sustrans
To access all of our content from the event head to https://www.egi.co.uk/the-future-of-southampton/
On this week's episode of We're Still Here, host Emily Wright is joined by EG publisher Damian Wild to talk all things local.
From the power and clout of local governments to an increased focus on retail in local markets and commuter towns, this episode of the podcast delves into how we maintain our newfound familiarity with local areas and hometowns while supporting businesses and commerce in our global capitals.
The pair discuss retail marketplace Appear Here's move to expand into more local markets including Somerset and Connecticut in response to changing human behaviour and consumer trends post-COVID and reflect on a week of EG events focused on regional markets including Cambridge, Southampton and Swansea.
Also on this episode of the We're Still Here podcast, talk turns to well-being. Wild advises listeners to "reclaim their lunch breaks" and pledges EG's support for LandAid's Steptober Campaign. A great opportunity to support an excellent cause and get out of the office/home office/kitchen/garden shed to get those steps up, whatever the weather.
For more information on how you can support Steptober check out all the details here https://www.landaid.org/events/steptober.
Indifference is the biggest challenge that cities face. Governance congestion is what slows up development and progress, not planning and we are failing to address the "wicked problems" of affordability, climate change and even opioid addiction that all our cities face.
These were just some of the discussion points raised in this insightful and engaging conversation with Phil Allmendinger, professor of Land Economy at the University of Cambridge, recorded as part of EG's Future of Cambridge event.
To access all of our content from the event head to https://www.egi.co.uk/the-future-of-cambridge/ and www.egi.co.uk/news
In this episode of the EG Property Podcast, recorded as part of our Future of Cambridge event, EG editor Samantha McClary talks to Mark Shirburne-Davies, a director of House by Urban Splash and the man in charge of delivering more than 400 homes in Northstowe.
The conversation covers a range of topics including the potential solutions to Cambridge’s ever growing affordability issues, design and beauty, sustainability, Cambridge as an engine for wider regional growth and how robots could and perhaps should (and in the case of MMC factories, do) play a role in the delivery of housing.
The interview was conducted as a live broadcast interview over Twitter so while the audio may not quite as clear as you have come to expect form a studio recorded EG Property Podcast, the content is mostly definitely of the high standard you demand from the team at EG.
To access all of our content from the EG Future of Cambridge event head to https://www.egi.co.uk/the-future-of-cambridge/ and www.egi.co.uk/news
In this episode of the EG Property Podcast, recorded as part of our Future of Cambridge coverage, EG editor Samantha McClary speaks with Orestis Tzortzoglou, development director at BioMed Realty about the life sciences sector in Cambridge, its growth, its resilience and the role it has to play in the continuing success of the city.
This podcast was recorded via Teams, so the audio quality may not be as crystal clear as you have come to expect from an EG podcast production. The content quality, however, will as always, will be top notch.
To access all of our content from the EG Future of Cambridge event head to https://www.egi.co.uk/the-future-of-cambridge/ and www.egi.co.uk/news
On this week's We're Still Here podcast, Emily Wright is joined by EG tech reporter Lucy Alderson for a full debrief on the virtual EG Tech Awards. Now in their third year, the 2020 event went fully digital; fitting for an celebration of all things tech.
From the awards themselves to the joys of networking in virtual bars, Wright and Alderson reflect on the power and reach of virtual events and consider how a hybrid approach could impact the future of real estate events once life has returned to some kind of normality. If you missed the awards in all their green screen glory, fear not. You can check out the event for free here https://www.egi.co.uk/tech-awards/ and find a full list of winners.
Also on this week's podcast, Wright is joined by HB Reavis UK chief executive Steven Skinner and Stefan Schmidt, Symbiosy solutions manager for HB Reavis to discuss the developer's plans to launch a "ready to work" portfolio of office spaces in response to businesses' evolving needs post-pandemic.
Combining a tech platform with physical flexibility the company will launch the new concept at its 145,000sq ft Bloom Clerkenwell site, EC1, in the new year to encourage forms to return safely to offices.
For more check out the story here https://www.egi.co.uk/news/hb-reavis-to-help-office-occupiers-get-back-to-work/ and tune into this week's podcast.
In a major new report on Real Estate in the 2020s, EG and Radius analysts James Child and Graham Shone ask how this sector can be a catalyst for UK plc’s recovery. They join Damian Wild to discuss the futures of work, cities and the high street. And they talk about whether recent soundbites and adverts encouraging a return to the office will do more to hinder, than help, the cause.
Swansea Council is seeking a long-term development and investment partner to become part of the city’s £1bn regeneration story. Join EG as editor-in-chief Damian Wild interviews Swansea Council to find out more.
In this episode of We're Still Here, host Emily Wright is joined by a quarantining Sam McClary for EG's very own "September Issue" of this popular podcast.
A back to school special if you will, the duo reflect on a somewhat strange summer before looking firmly ahead to the future as EG, and the real estate sector, gears up for autumn.
First up, it's the EG Tech Awards. Now in their third year they are not to be missed and, frankly, there is no excuse this year as they will be hosted virtually on September 10th between 4pm and 5pm GMT. Never one to shy away from practising what it preaches, EG has worked hard over the last few months to innovate and bring guests and finalists the very best virtual awards experience possible. From pre-event networking to international partners and a fully immersive experience, this year's event is set to be one of the best.
We would love to see as many of you there as possible. It's free to attend and you can register here https://bit.ly/32ywLea. We will be supporting the charity Black Minds Matter UK at this year's event and for more information on how you can donate please check out our fundraising page here https://oxfordshire.enthuse.com/pf/eg-tech-awards-8bfa6.
Also on this week's podcast we looked event further ahead to the EG Awards later in the year and announced an extension for anyone looking to enter our new Superhero Award category. Details on how to enter can be found here https://www.egi.co.uk/eg-awards-2020/eg-awards-2020-categories/.
For all of this plus a round-up of the other exciting plans we have for the autumn plus an overview of how changing working patterns could alter the way we live forever, make sure you tune in to this week's episode of We're Still Here for more.
Many roles in real estate have shifted over recent years – but arguably few have seen a change in perception and importance equal to that of the property manager.
In this roundtable discussion, we look at the ways in which property managers are driving change. We’ll also explore some of the difficulties they face, and the ways in which technology, automation and digital communication can provide a platform for ongoing success.
Joining EG deputy editor Tim Burke are:
Charlotte Crawley, culture and experience director, Navana Property Group Alexandra Finlayson, partner, Vail Williams James Goldsmith, head of Leasing, AXA Investment Managers Colin O’Reilly, sales director – investor solutions, MRI Software
This week’s Bricks & Mortar sees EG’s Sarah Jackman catch up with Sarah Hayford, assistant estate surveyor at Wasabi Sushi & Bento and founder of the Land Collective: “a holistic content-led platform that wants to inspire and engage the new generation to set their sights on the built environment career-wise or as a commercial awareness tool.”
Launched initially three years ago, Sarah reflects on how engagement with the platform has grown and what resonates with its users. She discusses how it has expanded to include speaking engagements to raise the profile of real estate as a sector and a career in schools, colleges and universities and why bridging the knowledge gap is “really fulfilling”.
She explains how she’s always seeking to add value – particularly at this turbulent time – and details her plans to expand the Land Collective’s reach to include a virtual internship programme.
On this week’s We’re Still Here podcast, EG deputy editor Tim Burke and head of retail and industrial research James Child discuss the challenges and opportunities facing the UK’s seaside towns. As some of us have the chance for a trip to the coast with lockdown restrictions easing, the economies of seaside towns nonetheless face many challenges. What role and responsibilities does the real estate industry have in driving their regeneration? What fresh pressures does the coronavirus pandemic bring? And, above all, which coastal towns do Tim and James pick as their top spots for a break?
For more on this topic, you can download the report Turning the Tide: Seaside Regeneration from EG and Radius Data Exchange here: https://secureforms.egi.co.uk/EG9HJ-turning-the-tide
On this week's episode of We're Still Here, host Emily Wright is joined by tech reporter Lucy Alderson to talk about anything but the recession.
From the United Nation's collaboration with affordable housing developer Planet Smart City to improve living conditions in African slums to the continuing acceleration of tech in real estate, this week's episode is all about focusing on some of the more positive news stories out there this week. That and a typically British review of all things weather related of course.
Also on this week's We're Still Here, Wright is joined by Thomas Herr, CBRE's former EMEA head of digital innovation who joined German tech company Evana as chief executive in May. He calls in from Berlin to reveal how he has managed the first few months in his new role after taking over the reins during lockdown. He also discusses how he plans to take Evana, which analyses databases and documents using algorithms to help the real estate and insurance sectors as they face overwhelming volumes of data, forward over the next few months.
For all the details, tune in to this week's episode.
This latest episode of Bricks & Mortar sees EG’s Sarah Jackman catch up with Nicky Richmond, managing partner and head of banking and real estate finance at west end law firm Brecher.
Nicky acts as the firm’s training partner and is currently developing training on working in an online environment. Here she shares her thoughts on staying professional in the home office, managing client relationships remotely and whether there are absolute dos and don’ts that ought to be kept in mind when communicating via online conferencing platforms.
She has a range of tips to share, gathered from a wealth of meetings undertaken since lockdown and sets out how to work as effectively as possible while away from the office.
On this week's episode of We're Still Here, Emily Wright is joined once again by editor Sam McClary to discuss productivity, positivity and frogs.
From the price we must pay for the increased productivity many are reporting as they continue to work from home to some of the more positive elements of lockdown, the duo considers how the sector is faring as we move into the depths of the summer and approach five months of a very different way of living and working.
Also this week we consider what we really mean by the phrase "new normal", the tech titans leading the world's biggest real estate companies through the uncomfortable transition ready for a post-pandemic world and guest interviewee Michael Chittenden on his career path from motorbike mechanic to property investor and why we should all be "eating the frog."
Tune in for more.
EG's Jess Harrold and his co-moderator - Nicky Richmond, managing partner at law firm Brecher and part-time restaurant reviewer - are joined by a panel of experts from the restaurant industry to discuss the unique challenges it faces as a result of the pandemic.
Adam Hyman, the founder of CODE Hospitality; Jyotin Sethi, co-founder and CEO of JKS Restaurants; Julia Wilkinson, group restaurant strategy executive at Shaftesbury; and Hugh Richard Wright, restaurant PR and communications consultant offer their insights on which operators will be in the best position to survive this unprecedented climate.
The discussion covers the success of measures including additional use of outside space and change of use to provide takeaway service; what responsible landlords can do to aid their restaurant tenants, including such measures as turnover rents; and how changes in our working lives will affect the demand for high quality dining both in central London and outside.
EG editor in chief Damian Wild talks with an expert panel about the city's future recovery and growth
EG's editor in chief Damian Wild discusses the vision for Leeds – and how football might just help – with Leeds City Council chief executive Tom Riordan
On this week's We're Still Here podcast, host Emily Wright and EG editor Sam McClary talk about the joy of a few rare in real life meetings but also delve into the power of online events.
How can we take the lessons we have learned from the humanising impact of catching a glimpse into the home lives of our colleagues and contacts back into the real world with us when life starts to return to normal? And how can we deal with the (now) relative familiarity of remote working and isolated existences as in person meetings creep back into our schedules and we are reminded of how life used to be?
All of this plus a round-up of the week's biggest news stories on this episode of We're Still Here.
In a world where everyone is now under increased pressure on their top-line numbers, and where growth opportunities are limited at least in the short term, margin is ever more important. Every business is looking for ways to drive operational efficiency – from people, process, technology and data. This new Radius podcast will discuss how technology can be a huge driver of operational efficiency and debate new and better ways of working. EG’s Richard O’Connor talks to Matt Cheung of Clarasys and Steve Jack of JLL on their priorities and business outlook.
Richard O’Connor, Commercial Director, EG
Steve Jack, COO UK & International Capital markets, EMEA, JLL
Matt Cheung, CEO and Founder, Clarasys
On this week’s Tech Talk Radio, tech and global reporter Lucy Alderson is joined by Skwire chief executive and co-founder Elisabeth Kohlbach to talk about how tech can be used to make savvy PRS investment decisions.
Kohlbach set up Skwire to help spur change in the PRS sector, and ultimately show investors that they can provide homes which aren't always "magnolia with someone's old brown leather sofa and Oak Furniture Land circa 2008 furniture".
Having started her career in real estate overseeing acquisitions for Duschel, Kohlbach then dipped into the fashion industry, using data to predict key trends. She returned to property in 2018 to set up Skwire, and outlines how important it is to learn from other industries to bring new skills and ideas to the table.
Kohlbach also outlines the challenges of navigating a business through a pandemic, and Skwire's plans for the future.
Joanne Wicks QC, of Wilberforce Chambers, and Mark Galtrey, of Falcon Chambers, discuss the Court of Appeal decision in TFS Stores Ltd v The Designer Retail Outlet Centres (Mansfield) General Partner Ltd and others.
The case concerns Practice Direction 51Z and the temporary stay on possession proceedings as a result of Covid-19.
Wicks and Galtrey address how the Practice Direction operates in practice, and its particular implications for the litigation in TFS Stores, involving the perfume chain The Fragrance Shop.
Establishing a carbon accounting method, utilising its Scottish estate to enable full circle carbon offsetting and focusing on energy usage throughout its supply chain all form key elements of Derwent London’s pathway to becoming a net zero carbon business by 2030.
Derwent was one of more than 20 businesses that in September last year signed up to the Better Buildings Partnership’s Climate Commitment, committing it to not only be carbon net zero by 2050 - or 2030 in Derwent's case - but to publish exactly how it was going to get there in a public document before the end of 2020.
In this podcast Derwent's chief executive Paul Williams and head of sustainability John Davies talk to EG editor Samantha McClary about what sustainability means to the UK REIT and what measures they have put in place to ensure that Derwent's pathway to net zero can be travelled.
Read the story in full and access the pathway by visiting EG's Sustainability Hub at www.egi.co.uk/sustainability
DISCLAIMER: This interview was recorded over Teams so while the quality of the content can be guaranteed, the quality of the sound may not always be to the standard you have come to expect from an EG audio production
The University College of Estate Management has had a busy few months preparing and launching a range of new courses, including a full time online BSc in real estate management, which was brought forward by a year following the lockdown.
To discuss the enhanced offering, Bricks & Mortar presenter Sarah Jackman is joined by Stephen Bartle, UCEM’s Director of Commercial and Business Development for a look at the range of options now available and how the institution is well set up to offer the online learning that people are now exploring in greater number.
He also reflects on what the lockdown could mean for the number of people joining the institution through its traditional part time route and how furlough has helped to drive a substantial increase in those taking CPD training.
On this week's episode of EG's We're Still Here podcast deputy editor Tim Burke joins host Emily Wright for a round-up of the week's big news. And there can be no sugar-coating this one.
As the severity of the COVID-19 fall out on the real estate sector looms, Tim delves into the possible extend of widespread industry redundancies. From JLL to Knight Frank and from CBRE to Avison Young, major agencies have put hundreds of at risk as they look at reshaping their businesses for a post-pandemic world.
With cuts currently expected across the businesses, Tim discusses who is at risk before urging the sector to act with compassion and kindness in already challenging and unprecedented times.
Trying to find a silver lining, we also discuss how the industry's talent might potentially be redeployed to reflect the changing shape of the sector and the wider world.
For more tune into this week's episode of We're Still Here.
Property law commissioner Nick Hopkins speaks with EG's Jess Harrold, outlining the Law Commission's extensive proposals for the future of home ownership in England and Wales.
Hopkins summarises the key reforms put forward across three reports, including how commonhold can become the preferred alternative to leasehold for new homes going forward - and how enfranchisement and right to manage can become easier and cheaper for existing leaseholders.
On this week's episode of We're Still Here host Emily Wright is joined by EG's London editor Louise Dransfield for a round-up of the biggest news from the capital.
From the news this week that Slovakian developer JTRE beat off competition from 10 other bidders to acquire the Aldgate development site being sold by 4C Hotel Group and Transport for London to JLL's agreement to take up circa 132,000 sq ft at British Land's 1 Broadgate, EC2 it seems the London market is picking up.
With a flurry of planning applications being approved and questions being raised over it really is a buyers market out there, Louise gives an overview of the biggest news, trends and analysis from the capital before urging listeners - and particularly those who live and work in London - to "have faith" and show their support for local businesses by returning and, hopefully, injecting some much needed hustle and bustle into the city.
This week’s episode of Bricks & Mortar sees Sarah Jackman catch up with Lucy Winzer – head of acquisition at Pret a Manger.
After undertaking a work experience placement at a property firm aged 16, Lucy “fell in love” with real estate and “realised that was definitely the route that I wanted to take.” Through the Chartered Surveyors Training Trust, she found an apprenticeship at a local firm, where she was given a range of responsibility and in 2009 – following the financial crash – graduated from the University College of Estate Management with her diploma in surveying practice.
A further five years working at property firms followed, during which time she gained her BSc in real estate – again via UCEM. In 2014 she joined Pret a Manger and, in so doing, adopted an occupier’s perspective. “It’s such a dynamic way of working and one that I absolutely love.”
She reflects on what it was like to graduate at the height of the last recession, the effect on her peer group and what the graduates of 2020 can do to increase their profile and reach. “Be dynamic. Go out there and see who you can help, so that we can all weather the storm and get through it together.”
On this week's episode of EG's We're Still Here podcast host Emily Wright is joined by editor Samantha McClary to discuss the mounting issue of well-capitalised companies taking advantage of the UK government's measure to protect struggling businesses throughout the pandemic.
Under the new government rules, a blanket moratorium on rents has been extended from March to September with another extension anticipated.
But as Elon Musk's Tesla continues not to pay rents despite having a market value of £199bn and Mike Ashley's Frasers plans to withhold rental payment indefinitely the industry is calling for government to put perimeters on the amount of rent that occupiers can sidestep and take the capitalisation of the business into account.
"What these companies is doing is not illegal, but it's just not cricket," says Samantha as mounting concerns build up among landlords around the "injustice" that certain companies are able to avoid paying rent despite being in a position to meet their obligations.
For more on this plus details on the launch of the world's first smart building council and EG's talent issue tune in to this week's episode of We're Still Here.
Manchester has always had a reputation as being progressive and people-centric. But as we prepare to emerge from this pandemic there are challenges ahead. How will the city ensure communities are at the heart of Manchester’s rebirth?
- Will there be a rise in community working hubs?
- Should social development be policed?
- What will become of Manchester’s satellite towns?
- How will devolution help drive this agenda?
Speakers
Victoria Armstrong, chief executive & founder, The Oasis Centre
Chris Cheap, principal, managing director, Avison Young
Mark Fletcher, chief executive, Manchester Pride
Adam Wisher, regional director North West, partnerships and property, LCR
Damian Wild, editor in chief and publisher, EG, interviews Manchester mayor Andy Burnham
As whispers of returning to the office start to become a reality for many Mancunians, social distancing restrictions will bring new challenges to the city. With less people commuting, will the rise of agile working become the new normal for Manchester?
- Does the concept of a “city" need to be redesigned?
- Should the purpose of office be refined?
- What does the rise of localism mean for the high street?
Speakers
James Evans, director, Savills
Professor Cathy Parker, co-chair, Institute of Place Management
Andrew Pattinson, partner, head of real estate Manchester, Shoosmiths
D’mitri Zaprzala, head of residential, Octopus Real Estate
On 19 June, the government published a raft of measures to help protect tenants from eviction over the summer.
It also introduced the Code of Practice for commercial property relationships during the Covid-19 pandemic – to encourage commercial landlords and tenants to work together to protect viable businesses. The voluntary code has been developed in collaboration with the retail, hospitality and property sectors and provides a framework for discussions between landlords and tenants.
To discuss the detail of the Code, how it might work in practice and whether it goes far enough, EG’s Sarah Jackman is joined by Jonathan Ross, a property litigator and partner at Forsters. He considers a range of issues and reflects on his experience of facilitating discussions between parties over the past few months.
For this and more make sure you tune in for the full discussion.
In this latest episode of Bricks & Mortar, Sarah Jackman is joined by Jane Batchelor – a careers consultant at Henley Business School at the University of Reading and two second year students at the same university: Megha Sharma (BSc Investment and Finance) and Toby Swindells (BSc Real Estate) to discuss the effect of the pandemic on those graduating in 2021.
Toby and Megha reflect on what they’ve experienced so far in relation to summer internships, why keeping an open mind on career path is important and how they plan to approach their graduate job searches in the autumn.
Jane considers what the recruitment process for 2021 could look like as well as giving advice on what undergraduates could be thinking about to help strengthen their skill sets.
All share optimism for the future and, as Jane reflects, “It might be challenging to secure that first job, but once into the industry, you can have such an interesting career. It’s going to give you great opportunities.”
On this special EG podcast on inclusive communities in partnership with DAC Beachcroft our guests consider and debate how real estate and the tech sector should respond to a collective increase in empathy and compassion within and between communities off the back of the COVID-19 pandemic.
Host Emily Wright is joined by Virginia Clegg, partner at DAC Beachcroft, Neil Impiazzi, partnership development director at SEGRO and William Newton, president and MD of Wiredscore to discuss what a compassionate world post pandemic might look like and how technology and the real estate sector can support this.
From understanding how and why technology can be as divisive as it is cohesive if not approached democratically to the role communities and cities can play in the fight for equality this podcast opens up a raw and powerful discussion as we all navigate these challenging and unprecedented times.
Ad DAC Beachcroft's Virginia Clegg says on this episode: "Empathy and trust will be vital parts of our lives going forward and we must now make sure we don't lose those things."
For this and more make sure you tune into the full podcast.
On this week’s episode of EG’s We’re Still Here podcast Emily Wright is joined by EG residential reporter Emma Rosser for a round-up of the week’s news and HOK’s Gary Clark as the architecture practice releases designs for mobile COVID-19 testing labs.
Emma kicks off by relaying some of the tributes that have poured in from across the industry following the sudden death of Berkeley Group founder and chairman Tony Pidgley last week. An industry stalwart, the sector has lost a true legend. For more on the man known to some simply as "the guv'nor" be sure to read EG's obituary here https://www.egi.co.uk/news/he-was-the-doyen-of-residential-property-the-guvnor-of-that-business/.
Also this week, Emma delves into Boris Johnson's "Project Speed" following the Prime Minister's announcement of the “most radical reforms to our planning system” since the Second World War. Under the reforms developers will be permitted to switch shops to homes and offices without the bother of a planning application. Proposals to demolish vacant shops and build homes will not require planning approval either.
And, of course, it wouldn't be We're Still Here without our now weekly Robert Jenrick update. Have a listen, you won't be disappointed.
Also this week, Emily Wright speaks to HOK's principal and science and technology leader Gary Clark about the design of mobile COVID-19 testing labs. Designed to address the needs of large institutions including colleges, universities, business parks, corporations and government offices, the £1m labs can accommodate up to nine staff workers and equipment capable of testing 80 samples at one time. The result would be mobile labs doing up to 1,120 tests a day.
For more on the design and Gary's thoughts on how the labs could become a significant part of the UK's response to COVID-19 as lockdown rules ease further, tune in to hear more.
This week the Future of Real Estate podcast takes to the road, or rather the Thames towpath. This year’s LandAid 10k isn’t happening but into its place jogs the QuaranTEN, raising money to end youth homelessness. Damian Wild sets out on a training run with Knight Frank senior partner Alistair Elliott to talk about how the event, taking place between 8 and 15 July, will work and at how Covid is changing London’s residential, office and retail markets.
Hannah Quarterman, partner and head of planning at Hogan Lovells International, joins EG's Jess Harrold to look at the raft of planning changes that lie ahead through the soon-to-be-enacted Business and Planning Bill and prime minister Boris Johnson's pledge to reform the system.
Quarterman digs into the detail of the Bill, including the extension of the time period for implementing planning permissions, and explains how its provisions will work in practice.
In addition, she assesses the new permitted development right for additional floors on purpose-built blocks of flats, and gives her view on the PM's pledge to "build, build, build".
“Seeing this kind of enthusiasm for building is always attractive," says Quarterman, "it’s always great to hear that the government wants to see homes delivered and investment coming forward… But this enthusiasm needs to be tempered slightly by ensuring we are building the right thing, in the right place, in the right way.”
Is widescale reform what the planning system even needs? Take a listen to hear her thoughts.
On this week's episode of EG's We're Still Here podcast host Emily Wright is joined by residential reporter Emma Rosser and tech and global reporter Lucy Alderson after a week of colossal news stories, ongoing sagas and rising temperatures.
Emma kicks off this week's episode with an update on the ongoing Westferry Printworks story following the release of texts and emails that suggest housing secretary Robert Jenrick started pressing for approval on the £1bn Westferry Printworks scheme the day after he met with Tory donor Richard Desmond.
Papers released by the government – comprising communication between Jenrick, his department, Desmond and representatives of the media tycoon’s development firm Northern & Shell – indicated that Jenrick was “insistent” that a decision was reached before the scheme’s viability was “impacted by a change in the London CIL regime”.
Emma also discusses the news this week that the GLA is consulting on plans to exit City Hall and relocate to the Royal Docks in a bid to cut costs during unprecedented financial pressure as a result of Covid-19.
Then it's on to WeWork and Lucy's story that the co-working giant plans to slash new membership costs by up to 75% and considers what this means for WeWork specifically and the wider flexible office space more generally.
All this plus keeping cool in the hot weather and Lucy's plans to invest in a paddling pool on this week's episode of We're Still Here.
Following the implementation of the UK lockdown, the RICS acted swiftly to move its session 1 2020 APC assessments online. The experience has been judged a success and the RICS has confirmed that all of its APC assessments will now take place online.
To discuss the change, EG's Sarah Jackman is joined by the RICS's assessment support manager, Gill Quinn and Roy Albert, a lead valuer in the Wales & West Regional Valuation Unit at the Valuation Office Agency, who has recently completed the APC assessment online.
Roy reflects on the experience itself - of overcoming initial anxiety to later benefiting from the availability of the RICS's support mechanisms - and offers practical tips for those preparing for online assessment later in the year.
Gill explains the background to the changes, looks at how they've been received from both an assessor and candidate perspective and highlights the benefits to being assessed using this new format.
The UK's build-to-rent pipeline continues to grow, but what do renters themselves think? Are they more drawn towards branded developments? And it is enough to persuade more people that the rental market can offer stability and value, as well as flexibility? This EG podcast looks at a major new survey of renters in a sector which is light on data.
The Court of Appeal has ruled, in Trecarrell House Ltd v Rouncefield [2020] EWCA Civ 760; [2020] PLSCS 119, that a landlord’s failure to issue an assured shorthold tenant with a gas safety certificate prior to occupation does not create a permanent bar to issuing a section 21 eviction notice.
The eagerly-awaited decision comes as welcome news for landlords of ASTs, as explained by barrister Brooke Lyne of Landmark Chambers, who acted in the case, and Georgina Redsell, senior associate at Charles Russell Speechlys LLP, who has monitored the proceedings closely.
Lyne and Redsell outline the importance of the issue, dig into the detail of the court's complicated judgment, and analyse the implications of the decision for landlords and tenants.
Ben Robinson, partner in real estate litigation at Penningtons Manches Cooper, highlights how pressing issues in fire safety go beyond the headline-dominating need to replace unsafe cladding.
Robinson offers an update on cladding removal on residential and commercial premises, and addresses other matters of concern - including some of the unintended consequences of the heightened fire safety agenda for leaseholders and right to manage companies.
Join EG's tech editor, Emily Wright, and EDGE's product excellence director, Sandra Gritti, for a discussion on how building data has allowed the Dutch developer to bring staff safely back to work despite the pandemic.
While many real estate companies are gearing up to address and improve their building data collection and usage capabilities, there are others which have been advocating this approach to development for some time.
Dutch developer EDGE is a prime example. It has focused on collecting and using building data to allow its portfolio, which includes EDGE and EDGE Olympic in Amsterdam, to constantly learn, adapt and improve. The result has been greener, smarter and more efficient buildings. It is this same approach that has allowed EDGE to create safer buildings in response to concerns about return to workplaces in the midst of, and following, the pandemic.
With plans to bring this approach to development to London with its EDGE London Bridge scheme, EDGE’s product excellence director Sandra Gritti will join EG’s first building data podcast to reveal how the company has built up a reputation as being one on real estate’s most data-led developers. She will discuss how they have trialled and tested the right technology, how they have successfully used data to evolve a portfolio to become one of the greenest and smartest in the world and what EDGE’s London debut will mean for UK real estate.
On this week's episode of EG's We're Still Here podcast, host Emily Wright is joined once again by news editor Pui-Guan Man to delve into the biggest story of the week - Westfield London's plans to convert its 104,000 sq ft House of Fraser department store into co-working space.
Emily and Pui discuss how the move is a sign of the times as widespread remote working looks set to be the catalyst for a more long-term, even permanent, suburbanisation of work. This combined with already difficult times for department stores could fuel a continued innovative approach to space.
Westfield's move is part of a wide-ranging mixed-use strategy set in motion by landlord Unibail-Rodamco-Westfield which filed an application with Hammersmith & Fulham council proposing a change of use for the four-level anchor store by splitting it into two separate spaces, comprising offices and some retail. Initial plans show the offices component would take up around 68,400 sq ft.
While it is early days, sources said URW was engaging with prospective co-working operators, and speculated that it may consider launching its own offering if these do not progress.
Also on this week's episode; how the Dutch have managed a slick return to work, celebrating EG's Tech Awards finalists announced this week and the lure of a decent cup of coffee.
EG's deputy legal & professional editor asks Lucy Morton, senior associate at Town Legal LLP, to explain the Supreme Court ruling in Dill v Secretary of State for Communities, Housing and Local Government [2020] UKSC 20; [2020] PLSCS 94, which raised the question whether a pair of 18th century lead urns should be treated as listed buildings.
Morton outlines the unusual facts that led to the dispute, what the Supreme Court had to say about identifying listed buildings, and the potential wider ramifications of the decision.
On this week's episode of EG's We're Still Here podcast, host Emily Wright is joined by news editor Pui-Guan Man for an update on the week's biggest stories. She then speaks to Tim Oldman, chief executive and founder of Leesman, which measures employee workplace experience, about a survey which has revealed the UK workforce's response to remote working so far.
Pui-Guan covers some of the week's top stories and delves into the emerging trend of deals finally picking up. Could this mean the industry is dusting itself off after a period of unprecedented uncertainty? Emily also highlights some key pieces of this week's wider content including a powerful comment piece from WiredScore's head of London markets Hamish Dupree on being a black person in real estate.
Also this week, Emma speaks to Tim about Leesman's working from home survey. Initial results off the back of responses from more than 35,000 people have revealed that while the UK workforce believes it is around 15% more productive at home than in a traditional workplace, many are facing issues with inadequate work stations and isolation at home.
Tune in for this and more on how post-pandemic offices will need to respond to changing employee needs and requirements post-lockdown. As Oldman points out, employees have been entrusted to work independently from their homes for a prolonged period of time and any immediate removal of this as lockdown eases would result in "a huge crisis of trust."
Hold onto your hats. On this week's episode of EG's We're Still Here podcast, host Emily Wright is joined by residential reporter Emma Rosser and tech and global reporter Lucy Alderson for one of the most high octane episodes since lockdown begun.
Apart from in depth discussions around wallpaper stripping, Alderson's lunch choices and why Rosser is no longer drinking wine out of pasta jars, the duo delve into some of the biggest news stories and trends from the past week.
Rosser first addresses the ongoing scandal following housing secretary Robert Jenrick's approval of Richard Desmond's £1bn Westferry Printwork's development on the Isle of Dogs, E14. She discusses why Lord Adonis has warned of the worst "sleaze and possible abuse of office" he has witnessed in his career following Jenrick's admission of "apparent bias". The Metropolitan Police will assess Jenrick's decision on the 1,524-home, 46-storey tower which has been referred to its special enquiry team. Tune in for the full story.
Then Alderson discusses EG's health and wellbeing content which has been a major focus this week. From open, honest comment pieces from industry figures on their own mental health through to why the sector is now putting this issues at the heart of how it moves forward beyond lockdown, it is clear that the industry is becoming more open to discussing the problems and addressing solutions around this subject. "People are realising that it's OK not to be OK some days," says Alderson. "That's what makes us human."
For more on this plus why you should find the time to fill in EG's survey on race diversity in real estate https://www.egi.co.uk/news/have-your-say-race-diversity-in-real-estate/ tune in to this week's podcast.
And if all of that isn't reason enough, until you have heard Rosser and Alderson discussing the merits of burgers and olives for lunch, you haven't lived.
On this week's episode of EG's We're Still Here podcast host Emily Wright is once again joined by EG editor Sam McClary for a round-up of this week's top news and analysis. And what a week it has been.
Landlord British Land announced that more than £1.1bn has been wiped off the overall value of its portfolio as coronavirus disruption continues to put retailers under pressure and then the news broke that Hammerson boss David Atkins is to set down. Tune in to hear more and to find out about a fresh EG initiative launched this week. Uninspired by government's plans for post-pandemic offices, we have launched a competition to find out how the real estate sector would create workplace, retail or leisure experiences that enable interaction, collaboration and innovation while maintaining government guidelines.
Also this week we speak to Nathan Pierce, programme director for Sharing Cities at the Greater London Authority. He revealed how cities including London, Milan and Lisbon are working together to create smart solutions that can be adapted to address the current issues we are all facing as a result of the pandemic.
In another Future of Real Estate podcast, Brewdog chief operating officer David McDowall tells Damian Wild why government and landlords need to do more to help tenants if the hospitality industry is to survive. He also sets out a vision for reopening bars, talks about the impact of Covid on Brewdog’s people and profits business and how social media can be a powerful tool when used well.
EG's deputy legal and professional editor speaks with Helena Davies and Nikki Whittle, partners at Brabners, about the draft Corporate Insolvency and Governance Bill, published last week in response to the Covid-19 crisis.
Davies and Whittle outline the key provisions of the bill, which promises the biggest reform of the UK's restructuring and insolvency framework in years, concentrating on what the changes it will introduce mean for the commercial property sector.
As the world eventually recovers from the Covid-19 pandemic, there is an invaluable opportunity to re-set priorities and re-focus business beyond just the bottom line. In this final Mental Health Awareness Week podcast from EG, our guests ask whether a kinder, more compassionate real estate industry could be one silver lining from these painful months.
EG deputy editor Tim Burke is joined by
- Howard Morgan, founder and MD, RealService
- Zoe Sinclair, founder, This Can Happen
- Juliet Smithson, head of operations, Lion Heart
EG's deputy legal & professional editor Jess Harrold is joined by John Webber, head of rating at Colliers International, and Catherine Dear, an associate at Irwin Mitchell, to discuss the eagerly-awaited Supreme Court ruling in Cardtronics Europe Ltd and others v Sykes (VO) and others [2020] UKSC 21; [2020] PLSCS 95 - finally providing a definitive answer to the question whether ATMs in supermarkets and convenience stores should be rated separately.
Webber and Dear discuss the long history of the case, how the Supreme Court approached the matter, the huge number of sites potentially affected - and the massive sums riding on the outcome.
As companies map out a way for teams to return to the workplace after the Covid-19 pandemic, how can they ensure they are managing their buildings and the process itself in a way that supports the mental wellbeing of employees? And how can companies bring the best of our experiences from lockdown back into the business?
For this discussion to mark Mental Health Awareness Week, EG deputy editor Tim Burke is joined by
- Dan Roberts, head of workspace consultancy service, Hollis
- Hannah Roman, head of human resources, Bidwells
- Anna Scally, director of workspace, Avison Young
The coronavirus pandemic has been an unexpected and unprecedented test of companies’ mental health and wellbeing strategies. Initiatives designed with the traditional workplace in mind have been tested by a workforce in isolation, while for many employees the crisis has been a source of concern and anxiety the likes of which they have never known.
To discuss the lessons learned, EG deputy editor Tim Burke is joined by
- Andrew Heath-Richardson, co-head of development for Europe, Hudson Advisors
- Henrietta Frater, head of HSE and wellbeing, The Crown Estate
- Ben Channon, head of wellbeing, Assael Architecture
On this week's episode of EG's We're Still Here podcast it's all about soul and cycle.
First up host Emily Wright is joined by EG editor Sam McClary for a round-up of the week's news and analysis trends. Following the release of government guidance they delve into the suggestions around creating safe, post-pandemic office spaces and wonder how many people will be happy to return to a workplace devoid of collaborative space or soul.
Then, McClary joins two industry heroes, Dan Higginson of Greycoat and Dan Campbell of architect Stiff + Trevillion to try her hand at Everesting - tune in to find out exactly what that is - and to find out more about their quest to raise money for Feed the Frontline. The duo put in " a 12-hour shift" cycling in their homes to virtually climb the height of Everest to support the charity which provides NHS key workers with healthy food as they work longer hours during the current crisis.
To find out more or to support Dan & Dan visit https://www.crowdfunder.co.uk/dans-12-hour-shift-bike-ride.
For information on this and the week's top stories, tune in to this week's We're Still Here.
This episode of the EG Property Podcast is all about sustainability and the importance of it in business today.
Joining EG editor Samantha McClary to talk about their journey are Hammerson chief executive David Atkins and group head of sustainability Louise Ellison.
Hammerson was one of the first property companies in the world to set a goal to be carbon net positive . An ambitious goal that it says it will not let slip despite the challenges all businesses, particularly those with a big footprint in retail, face right now.
Sustainability is what we do, says Atkins, stopping would just be impossible.
Listen in to find out why sustainability is so important to the business, how it implements its sustainability goals, what it has learnt along the way and why Covid 19 is actually strengthening its resolve on sustainability.
The conversation was recorded via teams so while the audio quality may not be up to the EG studio standard you’ve come to expect, the content quality absolutely is.
Joanne Wicks QC and Emer Murphy of Wilberforce Chambers discuss the significance of the Supreme Court judgment in Duval v 11-13 Randolph Crescent Ltd with EG's deputy legal and professional editor, Jess Harrold.
Wicks and Murphy, who represented the appellant landlord in the case, discuss the court's reasoning, the wider application of the ruling and the issues it will raise for landlords and tenants of blocks of flats. In addition, they address how practitioners may adapt their lease drafting moving forward.
In this week’s episode of Bricks & Mortar, EG’s Sarah Jackman is joined (virtually) by Jen Lemen – co-founder of Property Elite – for a look at how APC candidates should proceed in the current climate.
With the RICS having temporarily moved its assessments online, there are positives to be drawn, including, says Lemen “the ability for candidates to control their assessment in terms of external variables. Things like the stress of being in an assessment centre; travelling and potentially needing to stay overnight; being able to manage nerves better and being in a familiar environment might give a lot of candidates a confidence boost.”
But what happens if a candidate doesn’t have good internet connectivity or a good home working environment in which to take the exam remotely? Lemen talks through the options for deferral, as well as giving advice to those who have been furloughed or made redundant part way through the process. She rounds off with her top tips for anyone currently preparing for APC assessment, including keeping in touch with established support networks, forming a remote study group and planning the all important outfit.
In this episode of the EG Property Podcast we are talking about the value of creative space and the role it has to play in delivering and sustaining vibrant communities.
EG editor Samantha McClary is joined – over the medium of Teams – by the crew from Creative Land Trust, a charitable organisation set up last year by the Mayor of London with to aim of securing affordable workspace for artists in perpetuity.
EG caught up with the team following the appointment of former Eden project boss Gordon Seabright as CLT's new CEO and the launch of a new £2.3m culture at risk business support fund by the GLA that will provide cash for grassroots music venues, LGBTQ+ venues, artist workspaces and independent cinemas across the capital.
So sit back, grab a cuppa and relax for the next twenty minutes or so and join me in discussion with co-chairs Alex Notay and Catherine Webster and chief executive Gordon Seabright as we take a look at the role of the charity and why bringing creativity into the built environment matters.
And, remember, as this discussion has been recorded over Teams, the sound quality might not be quite as expert as you have come to expect from Team EG, but we promise that the commentary – at least from Alex, Catherine and Gordon – absolutely will be.
On this week's episode of EG's We're Still Here podcast host Emily Wright is joined by deputy editor Tim Burke for a round-up of this week's news. From the future of flexible offices to predictions of rent plunges, it has been another week of uncertainty and potential hardship.
But there are some green shoots starting to emerge, literally. Boudewijn Ruitenburg, chief operating officer of Dutch developer EDGE features on this week's podcast revealing why plans for EDGE London Bridge - set to be the greenest office tower in London and EDGE's debut in the UK capital - could be a blueprint for post-pandemic office design.
He also reveals why he believes core cities like London will fare well no matter how tough the market gets as investors flock to safe havens in the coming months.
For all this plus Tim's update on pancakes, bunting and a VE Day street party, tune in to this week's episode.
In this episode of the EG Property Podcast, EG editor Samantha McClary is joined by quartet of industry leaders to talk about enabling a viable future for our towns and cities, making sure that industry, politicians and Joe Public are all speaking the same language, and ultimately, about balance, survival and coming out of the coronavirus changed for the better.
The conversation follows EG's publication of exclusive figures providing the most comprehensive view of retail real estate ownership in the UK. Using Radius Data Exchange, EG has been able to show that more than 900m sq ft of retail in the UK is ultimately owned by the UK public – be that through local authority ownership, pension funds, charitable groups or private investments.
However, recent government measurements have placed the cost of the Covid-enforced shutdown of retail almost wholly at the feet of landlords in a measure could do untold damage to the UK's high streets, towns and cities at a time when they really need investment.
So listen in for a conversation about the role that both real estate and government have to play ensuring the UK comes out of the Covid-19 crisis with the best chance of economic recovery featuring
- Chris Grigg, chief executive, British Land;
- Bill Hughes, head of real assets, Legal & General Investment Management, and chair of the Property Industry Alliance;
- Melanie Leech, chief executive, British Property Federation; and
- Vivienne King, chief executive, Revo.
To read EG's analysis of the data, visit: www.egi.co.uk/news/hidden-dangers-of-government-raid-on-landlords-revealed/
To watch a presentation of the Radius Data Exchange analysis by EG's head of research James Child, visit: www.egi.co.uk/news/who-owns-uk-retail/
In this week's episode of EG's We're Still Here podcast, host Emily Wright is joined by editor Sam McClary to reflect on a tough week and tentative signs of a return to relative normality.
As lockdown continues, the duo discuss the benefits of the office as a hive environment before delving into this week's comments from CBRE's new head of technology around how a return to work might look 6-12 months post-lockdown.
From half empty offices to seven-day weeks and a potential move away from big offices, it will be infrastructure around the working week most likely to change the most dramatically, rather than the aesthetic of the office itself.
They also cover some of EG's biggest stories of the week including a piece of data that reveals just who the true owners of UK real estate are. The answer might surprise you and it provides clear evidence as to why government needs to rethink its latest measures to crackdown on landlords in favour of retailers during the current crisis.
Tune in for this and much more including some open, honest chat around the pressures and strains of the continued lockdown.
In this episode of the EG Property Podcast, EG editor Samantha McClary sits down, virtually of course, with TV presenter and residential property expert Phil Spencer to talk about all things residential, from how the market is faring during the coronavirus lockdown to how the world of estate agency is transforming, industry reputation and philanthropy.
We also take time out to talk Phil's most recently fundraising challenge, climbing the height of Everest in the Alps to raise money for the Brain Tumour Charity and play our only little commercial property game of Love it or List it.
Listen in to find out which London office icon gets the Spencer seal of approval.
The court process can be bewildering, costly and adversarial, but it can also provide closure and legal precedent. But where do claims start and how can claimants expect them to progress?
To answer these, and other questions on the basics of the court process, EG's professional & legal editor, Sarah Jackman is joined by Paul Tonkin, a partner in the real estate disputes team at Hogan Lovells.
He discusses the tiers of court operating in England, which court is suited to which type of claim, the timeframes involved in litigating and the governing legislation.
Commercial real estate loan origination in the UK saw a double-digit fall last year, according to the latest instalment of a widely regarded report on the market – and its author has warned the coronavirus crisis could now lead to a year-long downturn
In this podcast Tim Burke, EG's deputy editor, speaks with Nicole Lux from Cass Business School about the latest UK Commercial Real Estate Lending Report, loan origination in 2019 and the outlook for the financing markets during and after the coronavirus crisis.
On this week's We're Still Here podcast host Emily Wright and EG reporter Lucy Alderson are joined by workplace expert Neil Usher as we start to think seriously about a return to the office.
The good news according to Usher - Sky's former workplace director now heading up partnerships at GoSpace AI - is that the path ahead is a once in a lifetime opportunity. A chance for companies to reset as they consider a strategy for a return to work that takes into consideration more than just the workplace itself. This, says Usher, is the easy part as firms will have to focus more on the wider structure around work from commuting to office hours and staff volumes on a day by day basis.
He warns, however, that most people will get it wrong in the first instance. No one knows what the post-pandemic world will look like and making office space work for the future will be akin to "a perpetual experiment." He adds that one thing is for sure, it will be less about aesthetic than people might expect.
"People are trying to envisage what this future space will look like," he says. "It is more about answering a big question. What is the workplace actually for?"
For Usher's thoughts on an answer to this question plus a round-up of the biggest EG news stories this week from Lucy Alderson, tune in to hear more.
Construction lawyers Stuart Pemble and Alison Garrett, a partner and senior legal adviser respectively at Mills & Reeve, discuss the issues being raised by their clients during the Covid-19 pandemic.
Pemble and Garrett address key topics including delays, force majeure, practical health and safety issues on sites, the difficulties raised for urgent cladding replacement works, and the need for collaboration in the industry to weather tough times ahead.
In addition, they assess the potentially bleak financial outlook for construction - but sound a note of optimism, in the hope that infrastructure spending forms part of the government's plan to rebuild the economy.
Olly Roberts’s final year as a BSc Real Estate student at Reading University changed quite substantially with the announcement of the nationwide lockdown. His campus closed, teaching moved online and a new method of final assessment was adopted.
Here he joins EG’s professional & legal editor Sarah Jackman to discuss how he’s adapting to those changes and whether the current situation will have a bearing on taking up his new job in the industry in September.
David Holland, partner at Squire Patton Boggs, discusses his firm's extensive report, Covid-19 Government Measures in Real Estate, which compares the responses of 10 European countries, including the UK, to the pandemic.
Holland addresses how well the UK's response compares to neighbours including Germany, France, Italy and Spain, and considers what additional measures the British government could implement that have been introduced elsewhere. In addition, he looks at how Russia has handled the crisis so far, as well as the innovative approach in Belgium.
Read the full report at: https://www.squirepattonboggs.com/-/media/files/insights/publications/2020/04/covid19-government-measures-in-real-estate-europe/covid19-government-measures-in-real-estate-europe.pdf
On this week's episode of We're Still Here we're talking recession and depression. Hardly the most upbeat of topics but there are silver linings to be found so it is worth a listen for tips from some of the industry's leading lights on preparing for tough times ahead.
Host Emily Wright is joined by EG news editor Pui-Guan Man and London editor Louise Dransfield as we delve into some of the big news and trends emerging out of the capital and look at the impact of the predicted upcoming economic hardship across the sector in its entirety.
Listen out for positivity along the way as we also consider why the real estate sector is in a comparably strong position to weather the storm and reveal who believes the industry will come out of this crisis more innovative and creative than ever before.
The effect of the coronavirus outbreak on GCSE and A-level examinations has been well documented, but how is Covid-19 affecting undergraduate and post-graduate real estate courses?
Paul Collins – a senior lecturer in the school of architecture, design and the built environment at Nottingham Trent University – joins EG’s professional & legal editor, Sarah Jackman, to discuss how they’re currently delivering their teaching, how students are adapting, what the likely effect will be on 2020 and 2021 admissions and whether those that have a scheduled year-out in industry in 2020 are still planning to go ahead.
Karen Mitchell, senior associate at Eversheds Sutherland, shares her experiences from the very first remote hearing at the Upper Tribunal (Lands Chamber), discussing the advantages of having the case heard over Skype - and some of the drawbacks.
Mitchell addresses how extensive guidance is continuing to hone the court process, and whether there may be any lasting impact from widespread use of remote hearings during the Covid-19 lockdown.
From gas safety certificates to EPCs, tenancy deposits to essential repairs, there are a wealth of measures that landlords need to ensure compliance with. But with access to properties potentially restricted owing to the current crisis, how do landlords ensure that they remain compliant?
To discuss this and other guidance issued by the government in relation to residential property, barrister Elizabeth Dwomoh of Lamb Chambers joins EG’s professional & legal editor, Sarah Jackman for a look at current best practice.
Kerry Glanville, partner at Cripps Pemberton Greenish, analyses the recent Court of Appeal decision in LM Homes v Queen Court Freehold Company [2020] EWCA Civ 371; [2020] PLSCS 41 - a case which raised the question whether airspace above and subsoil below a building falls within "common parts" for the purposes of the enfranchisement legislation in the Leasehold Reform, Housing and Urban Development Act 1993.
Glanville explains the court's decision and why she believes it is a significant case.
In this week's episode of the EG We're Still Here podcast we ask the big questions. Host Emily Wright is joined by editor Sam McClary and residential reporter Emma Rosser as we look back on 'the week of the furlough', consider whether everyone is being responsible when it comes to accepting Government support and debate when and how lockdown might eventually be lifted.
We also look back at this week's other big news, trends and analysis and catch up on how we have all been getting on as we come to the end of the fourth full week of remote working. From forgetting the Easter weekend to resorting to drinking wine out of an old pasta jar after a last minute house move before lockdown, it is still taking some getting used to.
We did remember Easter in the nick of time and so this podcast comes to you on a Thursday this week. We will be back next Friday with another news round-up and tales from the EG team.
How should real estate react to a crisis on the scale of the Covid-19 pandemic, and how might the challenges we are working through today redefine companies' ESG agendas? Ahead of EG's Sustainability Live virtual event on 22 April, deputy editor Tim Burke spoke with four industry figures to gather their thoughts.
Listen now for insights from: • Sarah Ratcliffe, head of the Better Buildings Partnership • Louise Ellison, head of sustainability at Hammerson • John Davies, head of sustainability at Derwent London * Philippa Gill, director at EVORA Global
With universities closing campuses and teaching moving online, the student accommodation sector has had to respond to new challenges. Can current students terminate their agreements? Will Autumn 2020 admissions be affected and what impact will that have on accommodation providers? Will long-term supply be diminished?
To discuss those and other questions, EG's Professional & Legal Editor, Sarah Jackman is joined by Amy Dimond, an associate director in the projects team at Osborne Clarke in Bristol, specialising in public and private sector infrastructure projects.
In the third episode of EG's We're Still Here podcast we continue to help support the industry with a weekly round-up of news, analysis and tips for happier home-working.
News editor Pui-Guan Man and reporter Lucy Alderson join tech editor Emily Wright on this week's podcast to talk about how the sector is recovering after a tough few days. From confusion over whether construction sites should close to concerns off the back of quarterly rent day as some retailers look to take advantage of the new, relaxed rules, we delve into some of the biggest issues impacting real estate nearly two weeks into lockdown.
We also touch on some more positive news including the impact of widespread remote working in terms of digitally upskilling the industry and the power of a virtual coffee break.
We're still here. See you next week.
The fire at Liverpool’s iconic Littlewoods building 18 months ago is just one of several blazes in commercial buildings since the Grenfell tragedy. Adam Higgins, co-founder of the developer Capital & Centric, says that the experience completely changed his perception of fire safety. He is joined in the EG Studio by former government minister Mark Prisk, the Business Sprinkler Alliance’s Iain Cox, FM Global’s Tom Roche and Ian Fletcher from the British Property Federation to discuss how culture, regulation and focus needs to change.
EG's deputy legal & professional editor, Jess Harrold, asks Bryan Johnston, UK head of real estate litigation at Dentons, and his fellow partner at the firm, Richard Budge, what the Coronavirus Act 2020 means for property - and whether it goes far enough to address major issues of concern to the industry arising out of the Covid-19 pandemic.
Johnston and Budge address how the moratorium on forfeiture will work in practice, what problems may arise, and what other ways coronavirus may necessitate further changes for real estate - and possible further legislation.
With many retailers reporting financial difficulty, directors’ duties are becoming ever more important. To examine the role of directors within companies and to explain their responsibilities, EG’s Professional & Legal Editor Sarah Jackman is joined by Richard Pull and Jonathan Cole of law firm Goodman Derrick.
They answer questions on a director’s key duties and the penalties enforceable should a breach occur, as well as providing advice on best practice to those taking on a director role.
On this week's episode of We're Still Here, EG's podcast to get you through these strange times, tech editor and head of Special Projects Emily Wright is joined by EG's deputy editor Tim Burke and deputy legal and professional editor Jess Harold.
With topics for discussion ranging on the mental health implications of working through a lockdown - or, indeed, questioning the mental health implications of forcing everyone back to the office five day's a week post pandemic - to new support methods for landlords, this episode covers a lot of ground.
Perfect for anyone after a weekly update on EG's top stories and analysis plus a little human interaction to finish off the week.
We talk about how the industry is being tested but how doing good as well as doing good business should be top of the agenda throughout and beyond these tough times.
Happy Friday from the team here at EG, we'll be back next week.
Barry Shaw, head of legal at Greenland UK, addresses some of the major talking points for commercial landlords and tenants during the Covid-19 pandemic.
Can a tenant terminate its lease, or pay less rent? Will much discussed "force majeure" clauses have an impact? And what are the obligations for landlords?
Plus more queries relating to agreements for lease, service charges, business rates and other important issues.
Barrister Andrew Francis, of Serle Court Chambers, the co-author of Rights of Light: The Modern Law discusses the High Court's decision in Beaumont Business Centres Ltd v Florala Properties Ltd[2020] EWHC 550 (Ch); [2020] PLSCS 45 - a very significant judgment for the field.
Francis addresses the nature of the dispute, what the judge decided and the implications for landowners and developers - as well as how practitioners should best advise clients, post-Beaumont v Florala.
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 1, session 1: The UK is open for business
- Where are the hotspots for UK investment in 2020?
- Which sectors are showing the most potential?
- Environmental, social and governance
- Towns: innovation and start-ups
Chair: Damian Wild, Editor-in-Chief, EG
Welcome to We're Still Here, EG's new weekly podcast created exclusively to help you get through the strangest of times.
The entire EG content team will be working together to bring you these weekly episodes that will not only provide a round up of the latest real estate news, trends and analysis but will hopefully make social distancing and self isolating just that little bit easier.
Since the spread of COVID-19 has seen the world change almost overnight, the majority of us now working from home or at least working in a very different way to what we are all used to. EG wants to bring our weekly print and online content to life in this new podcast and remind everyone out there that we are most definitely still here.
As we all take things day by day, this podcast too can evolve over the coming weeks. Let is know what you want, who you want to hear from, what information you need and we will try to make that happen.
Until then enjoy episode one and embrace that Friday feeling if you possibly can.
EG's deputy legal editor Jess Harrold and court reporter James Lumley discuss how the Royal Courts of Justice and the Business and Property Courts at the Rolls Building plan to keep the wheels of justice turning during the Covid-19 pandemic - including the Lord Chief Justice's call for a renewed emphasis on remote court hearings and settling disputes where possible.
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 1, session 2: How are we driving inward investment?
- What makes the UK attractive for global investors?
- How do we boost the brand UK Plc?
Chair: Emily Wright, Head of Special Projects & Tech Editor, EG
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 1, session 3: Infrastructure – Building a Britain fit for the future
- How do we work with domestic and internal investors to improve our infrastructure?
- What do we want to build? How do we prove the value?
- The benefits of UK-wide connectivity and growth
Chair: Damian Wild, Editor-in-Chief & Publisher, EG
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 2, session 1: If devolution leads, will investment follow?
- Successful town centres: A platform for investment
- Town Fund - why public investment is important
- Regeneration at a local level
Chair: Samantha McClary, Editor, EG
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 2, session 2: Where is the opportunity in the Oxford-Cambridge Arc?
- What are Government plans?
- Driving UK productivity
- Once in a generation opportunity to invest
Chair: Damian Wild, Editor-in-Chief & Publisher, EG
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 2, session 3: Not just the trailblazers – how do we ensure the entire real estate industry embraces AI and tech?
- How does the built environment continue to innovate?
- How will we use artificial intelligence and data to transform the industry?
- And are we ready?
Chair: Emily Wright, Head of Special Projects & Tech Editor, EG
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 3, session 1: People and skills driving the change
- Rebalancing the UK Is not just about economics; but ensuring everyone has appropriate skills to drive growth
- What do we need from government and industry?
- How do we ensure this is embedded?
Chair: Emily Wright, Head of Special Projects and Tech Editor, EG
With MIPIM postponed, EG sought to recreate many of the sessions we had planned for Cannes in our studio in London.
Day 3, session 2: Evolving – the future of hotels and the city
This panel brings together leading experts from across the built environment to discuss the future of visitor accommodation and its role in the city. From changing room sizes and locations, to increasingly flexible and semi-public spaces, this is an exploration of a rapidly changing sector with huge potential to reshape and enhance communities
Chair: Damian Wild, Editor-in-Chief, EG
In this special FORE podcast, originally broadcast live and on video, Fiera Real Estate's Peter Cuthbert and Alex Price discuss 2020 investment scenarios with Damian Wild – post-Brexit and pre the worsening of the Coronavirus situation. What opportunities will be created by the sector’s increased focus on relative value, tech, sustainability and demographic change?
British Property Federation chief executive Melanie Leech joins EG editor Samantha McClary to talk about what property can expect in Wednesday’s budget, the challenges new chancellor Rishi Sunak faces following the outbreak of coronavirus and how investment across the whole of the UK can really be “levelled up”.
They touch on the need to drive investment in to build to rent, push and pull measures to stimulate a move towards zero carbon in the built environment and the need for the real estate sector to challenge itself on delivering for people.
Listen in for all of that and so much more.
The Property Mediators - a group of ex-property litigators dedicated to full time mediation - join EG's Professional and Legal Editor, Sarah Jackman, for a look at how the group works, the benefits of mediation in dispute resolution and their new transactional offering.
Joining her for the discussion are group members:
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Jacqui Joyce
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Gary Webber
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Sara Benbow
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Sue O'Brien
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Iain Travers
See the profile in print in EG on 7 March.
On 11 February, the RICS published its new Code on Leasing Business Premises, which it hopes will improve the process of lease negotiation, making them fairer and more transparent. The Code comes into force on 1 September, giving practitioners six months to familiarise themselves with its detail and to prepare for implementation.
To discuss the practicalities, EG’s Legal & Professional Editor, Sarah Jackman is joined by Warren Gordon – a senior professional support lawyer in the real estate team at CMS and member of the RICS’s working party on the Code.
Gordon discusses the rationale behind it, the detail contained within it, the types of negotiation it applies to and how practitioners ought to be preparing for it.
With the government setting out a preferred route for East West Rail ahead of further expected announcements in next month’s Budget, ministers have offered welcome, explicit support for the Oxford Cambridge Arc. But will the government’s levelling up agenda see investment diverted to other parts of the country? And can this innovation corridor become a beacon for collaboration, innovation and sustainability?
Joining Dmian Wild in the EG studio for the second of two podcasts on the OxCam Arc are:
Iain Gilbey, Partner, Pinsent Masons
Alister Kratt, Director, LDA Design
Jackie Sadek, Chief Operating Officer, UK Regeneration
In partnership with Pinsent Masons and LDA Design
This week's episode of Bricks & Mortar sees Sarah Jackman joined by Max Middlebrook - a first year student at Nottingham Trent University studying for a BSc in Property Development and Planning.
Tune in to find out what piqued Max's interest in a career in property, how he's finding life as a real estate undergraduate, and what his aspirations are for his future career.
As part of that conversation, he reflects on the challenges facing the industry, what he hopes his generation can bring to it, as well as giving advice to all those thinking of a career in it.
James Souter and Megan Davies, of Charles Russell Speechlys, join EG's Jess Harrold to discuss the Court of Appeal's decision in the high-profile case Fearn and others v Board of Trustees of Tate Gallery [2020] EWCA Civ 104; [2020] PLSCS 22 - which effectively closes the door on nuisance claims for overlooking.
Souter and Davies take the positions of the Neo Bankside residents and the Tate Modern respectively, addressing the key arguments before the Court of Appeal, explaining the court's findings, and debating whether the correct decision was reached.
In addition, they discuss the potential for the case to go to the Supreme Court.
Three experts from Colliers - John Webber, Louise Daly and David Hughes - join EG's Jess Harrold to discuss the varying systems of business rates in operation in England & Wales, in Scotland and in Northern Ireland.
They address the difficulties that arise from the cross-border differences, the issues faced by those seeking to challenge their business rates assessments, and how the UK would benefit from a more coherent approach, incorporating the best elements of each system.
There has been more talk than action from government in delivering on the promise of the Oxford Cambridge arc. But with a relatively new government, an imminent Budget and a prime minister whose appetite for infrastructure development is voracious that could soon change. In the first of two podcasts on the opportunity, EG takes a look at what’s wanted, what’s needed and whats likely to happen in the months and year ahead.
Joining Damian Wild in the EG studio are:
Rob Hopwood, Partner, Planning, Bidwells
Olaide Oboh, Director of Partnerships, Firstbase
Sarah Haywood Price, Chief Executive, Advanced Oxford
In partnership with Bidwells
Last week’s cabinet reshuffle included the bombshell of a new chancellor, as well as less unexpected news of yet anther change of housing minister.
In this podcast, former Conservative MP and housing minister Mark Prisk and EG deputy editor Tim Burke discuss the ramifications of the changes, and how the real estate industry might benefit from the government’s plans to 'level up' the UK regions.
This week’s episode of Bricks & Mortar sees Sarah Jackman joined in the EG studio by her colleague on the legal & professional desk: Jess Harrold. Amongst his many skills, Jess is a seasoned court reporter, having spent numerous years covering the courts for both the EG and other news organisations.
He lifts the lid on how best to approach a judgment, where its key information is contained and how, with a bit of practice, you can make light work of getting to grips with a lengthy report. Jess guides listeners through the process by making reference to a case currently under appeal: Fearn v The Board of Trustees of the Tate Gallery [2019] EWHC 246 (Ch). To reference it while listening, download a copy at: https://www.bailii.org/cgi-bin/format.cgi?doc=/ew/cases/EWHC/Ch/2019/246.html&query=(title:(+fearn+))
When EG revealed last November that more than a quarter of real estate professionals had considered taking their own life, the industry was stunned. But not into silence. Stunned and then prompted into taking action, into speaking up, into embracing the fact that it is OK to not be OK sometimes.
Mental health charity Mind head of workplace wellbeing programmes Faye McGuinness, JLL head of investor facilities management Neil Worrall, and Fisher German managing partner Andrew Bridge joins EG reporter Lucy Alderson to discuss what the immediate next steps property needs to take to start to lower these shocking statistics.
December’s general election gave the property market a much-needed injection of optimism. If the 'Boris bounce' does indeed continue, what kinds of deals and developments will keep financiers busiest, and what trends are likely to dominate in 2020?
In this Finance Talks podcast, EG deputy editor Tim Burke is joined by John Carter, commercial director in the real estate division at Aldermore Bank, and Nicole Lux, senior research fellow at Cass Business School, to discuss the outlook.
Ann Stewart – a senior professional support lawyer at Shepherd & Wedderburn LLP – discusses the differences in energy efficiency provisions between England and Wales on the one hand, and Scotland on the other.
Stewart compares and contrasts the two regimes, under the Climate Change (Scotland) Act 2009 north of the border, and the Energy Act 2011 and the Minimum Energy Efficiency Standards in England and Wales, covering how each operates, key exemptions, and major deadlines in the calendar in each jurisdiction.
At Knight Frank’s annual London breakfast briefing, the need for real estate to continue to shift the dial when it comes to customer service was made abundantly clear.
Buildings without occupiers are valueless and occupiers - and their employees - are becoming increasingly discerning and demanding when it comes to space requirements. Office space is now much more than just a cost to occupiers, it can be the difference between winning and losing commercial.
In this podcast we talk to global head of occupier research at Knight Frank Lee Elliott about what landlords need to understand about their customers to have “property with purpose, property that performs and ultimately property that prevails”.
International law firm Ashurst has announced the next evolution of the firm's global real estate dispute resolution practice as part of an initiative to assist clients navigate the risks and liabilities of regional and multi-jurisdictional real estate investment.
The initiative focuses on providing clients with an integrated approach to commercial real estate disputes, derived from the firm's broad expertise in managing high-value, large and complex disputes, combined with extensive industry understanding to provide clients seamless real estate solutions from across Ashurst's network of international offices.
Alison Hardy, Ashurt’s head of real estate dispute resolution, said: "Over the past few years, real estate has become an increasingly global asset, and as such we are seeing increasing globalisation in real estate disputes work. International disputes are often complex – both legally and sometimes culturally, involving fusion of laws and, not infrequently, politics, and having a global real estate disputes group will allow us to offer a seamless service to our clients.
“By working together as one global team, we are able to pool resources, so that if clients need advice in a particular jurisdiction, we will have specialists in that location, and the global team to handle any size dispute."
Hardy joins EG's Jess Harrold in the Studio to further discuss the move, and how the global approach will benefit clients.
The need for strong presentation skills isn't just confined to formal presentations, but to a range of scenarios. Telephone calls, emails and internal meetings, for example, all require them in order to make a positive and lasting impression.
Its important to hone these skills early in your career, according to Alice Dockar - a partner at Herbert Smith Freehills who is also the firm's training principal. She talks to Sarah Jackman about the need to prepare, to know how to sell yourself and to build internal and external networks.
When it comes to going green or fulfilling net zero carbon targets, throwing up a new building – planning and financing aside – is a relatively easy route. But what about the 80% of our built environment that already exists?
If the nation is really to achieve its target of net zero by 2050 – or before if it is really serious about tackling climate change – what are we going to do with our existing building stock?
In this latest EG Property Podcast looking into numerous issues around sustainability and climate change, EG editor Samantha McClary speaks to a selection of industry specialists to discuss the issues and opportunities around retrofitting.
Listen in to here expert insight and advice from:
Sarah Ratcliffe, chief executive of the Better Buildings Partnership Chris Bennett, managing director of EVORA Global Brian Bickell, chief executive of Shaftesbury Karen Jamison, head of sustainability at Workspace Group James Ford, partner at engineer Hoare Lea
Colliers' 2020 graduate recruitment process sees non-cognate applicants included for the first time, in a move that it hopes will broaden its talent pool and help to increase diversity in the sector.
To discuss the change, Sarah Jackman is joined by Colliers HR director Lydia Ings, who reflects on the firm's efforts to raise awareness of property as a career amongst school pupils and non-cognate graduates and what the expectations are for those applying to any of their schemes, as well as providing advice on how applicants – cognate or otherwise – can set themselves apart.
Shirley Waldron, surveyor at Delva Patman Redler LLP started her career as an architect, before developing a career in party wall surveying. In this latest episode of Bricks & Mortar, she reflects on how she made the change and her career highlight to date: acting as party wall surveyor for the Crossrail project.
She tells Sarah Jackman what it's like to work on a major infrastructure project, what she learned during that time and how there is huge satisfaction to be derived from completing a qualification. She urges "anyone who is thinking of getting into the construction industry to learn a discipline and see it through ... so that you can hold your head up with your peers."
EG's legal and professional team - Sarah Jackman and Jess Harrold - conclude their annual list of the 10 most significant property law court decisions in 2019, counting down from #5 to the privileged top spot.
Which case will be crowned the biggest of 2019?