Head Of Research – The Property Chronicle
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Why timber buildings may be key in limiting climate change. The latest Intergovernmental Panel on Climate Change (IPCC) Report makes for grim reading. It finds that climate change is here, it is accelerating and left unchecked the implications for humanity will be serious. In the fight to curtail the worst impacts of rising temperatures, real estate has a critical role to play given its significant contribution towards greenhouse gas emissions.  The operation of buildings is important, but it... Read More >

Recent Articles:


With the population moving to the US’s South and West, investment opportunities have followed. Nearing my retirement, I am considering some of the investment lessons I have learned along the way. One of the most significant is the Read More >

Hedging your bets. As the rhetoric around inflation has increased, so too has scrutiny around commercial property, an asset class typically perceived to offer an inflation hedge. First, there are questions around what measure of Read More >

Covid 19’s impact on the Asia Pacific office market has been that buoyant demand leading into the pandemic was quickly stymied as corporate occupiers sought to limit cost exposures and assess their real estate needs. In line with this, vacancy Read More >

Originally published 16 March 2021. Being a child in the 1960s was Utterly Brilliant. It was all so exciting – because we all knew we were going to space. The theme music from “Apollo” still resonates. Late at night peering at the Moon, Read More >

Originally published January 2021. The European real estate universe grows ever move diverse by the year, with the constant geographical expansion of previous times now replaced by a push into new sectors and, more fundamentally, new ways of Read More >

Originally published February 2021. For investors, the recent decline in retail property performance might suggest opportunity for acquiring property at distressed pricing. The challenge for such investors is to identify discounts associated Read More >

Originally published in February 2021. The pandemic has been with us for over a year, infecting more than 100 million people. Although vaccinations have begun around the world, the damage to the global economy is done. According to the Read More >

Some of you may remember Steven Bradbury, the Australian short-track speed skater, in the 2002 Winter Olympics in Salt Lake City. The unlikely finalist –  he’d snuck through the semi-final after the defending champion fell three bends Read More >

Commercial real estate is priced to produce superior risk-adjusted returns compared with investments in both fixed income and public equities in coming years. This article will present two different frameworks to assess and validate this Read More >

I read with interest the recent piece in the Property Chronicle entitled “Universal Basic Income Decimates Big Cities”. The thought of UBI as a modern-day Godzilla stomping across our city landscapes decimating all in his path is one that I Read More >

The research department behind this piece is run by Steen Jacobsen. A million years ago I worked with Steen Jacobsen on the trading floor of a large US investment bank. Steen was then, and still is, a brilliant, polemic mind. For 30+ years he Read More >

Historically, political party control of the US government has not had much bearing on investment performance of commercial real estate. However, NCREIF data (since its 1978 inception) shows that Democratic administrations produced somewhat Read More >

US home sales are soaring, and even renters now favour suburban units with ample space for home-working. Should urban landlords be worried? A growing trend in the US housing market is the search for more space, light and air. It is evidenced Read More >

(Article originally published Summer 2018) Why agility is key for investors in dealing with new uncertainties Seattle is the only market I’ve ever seen advance from secondary to primary market status. There are a few other secondary Read More >

Some managers of physical stores are getting paid for online sales too – and landlords want a slice of the action While in Downtown Los Angeles a few weeks ago, I saw a large sign – like an oasis in the desert – for Dunkin’ Donuts Read More >

This morning’s report from the Resolution Foundation on the employment surge since the financial crisis is a healthy rejoinder to those who are pessimistic about the state of the British economy. The Conservatives make great play of their Read More >

The population of our big cities is projected to increase significantly by 2040. But physical growth is constrained by green belt, and  these boundaries are unlikely to change significantly by 2040, given current political commitments. That Read More >

Business parks have come a long way since the creation of the B1 office use class in 1987 (Class 4 in Scotland) which allowed office, industrial and research and development premises to shift between uses more freely than ever before, bringing Read More >

‘High rents and prices’, ‘foul air’, ‘excessive hours’, ‘closing out of nature’. These phrases might well define some of the urban issues of today, but they were, in fact, written in 1898 by the urban planner Ebenezer Howard to Read More >

The matter of succession planning is something that gets a lot of focus from family businesses, and for good reason – it is one of the hardest things for both the business and the family to go through. To give some context, people often Read More >

Higher Interest Rates + Late Cycle = Lower Cap Rates. Huh? For the 22+ years I’ve been in this business, investors have relied on the relationship between cap rates and interest rates. But perhaps it’s time for us to stop relying on Read More >

Those of you that have invested in the equity markets might remember the late Richard Crossley. Prior to his untimely death almost seven years ago, Richard was an “old school” technical analyst; always at his desk by 6.30am, he spent the Read More >

Seattle is the only market I’ve ever seen advance from secondary to primary market status. There are a few other secondary cities that are nipping at its heels, led by Austin, Denver and Nashville in the U.S., and Sao Paolo, Brazil and Read More >

“Liberty, freedom, justice. Now things have changed. Now everything comes to us on a platter. Man’s got nothing left to fight for.” — Logan’s Run In the classic 1967 novel Logan’s Run the world of 2116 is an idyllic place where Read More >

I am a big infrastructure guy. Everywhere I go, I tell local investors that their city’s growth potential is limited unless it has good transportation infrastructure (roads, airports and mass transit). Based on my experience, 'old school' Read More >

With yet another general election upon us it seems like a good time to look back and see which government has presided over the best returns for homeowners during the past forty years or so. The starting point is a good one, coming just after the Read More >

The other day I met an intelligent and successful property developer (not always the same), who told me that back in 1997 he had sold a business and used the proceeds to move into buy to lets. He explained that he had built up a geographically Read More >

Featuring

Investor's Notebook

Smart people from around the world share their thoughts

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The Macro View

Recent financial news and how it connects across all asset classes

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Technology

Fintech, proptech and what it all means

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Uncorked

A sideways look at the world of wine

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The Architect

Some of the profession's best minds

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Residential Investor

Making money from residential property investment

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The Professor

Analysis and opinion from the academic sphere

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Face to Face

In-depth interviews with leading figures in the real estate/investment world.

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The Headhunter

Recruitment and career moves

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The Analyst

Investment themes and trends

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The Historian

A look back at previous cycles, events, characters

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The Economist

Money, rates and prices

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Political Insider

The inside scoop on Washington, Westminster and Whitehall

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The Agent

Reflections on estate agency, today and in past times

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Alternative assets

Investing in tangible assets

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