Originally published January 2021. The way we educate our school-leavers needs to change. I can recall being staggered, when first working in the US, by how much personal debt individuals took on as a matter of course to attain a degree. I also remember thinking how fortunate we were in the UK that education to […]
Emea
Where future demand lies
Shopping centres and offices are the surprise front-runners in the REIT scene. In the spring edition of The Property Chronicle, I ventured to suggest that, while there is something for everyone in the REIT sector this year, retail property could complete the sector playing with a full deck of cards. To recount, attractive dividend yields and […]
Confessions of a valuer – chapter 17: Scotland, ducks and water
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker reflects on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal blood […]
French reconnection, Ch 5, part 1
In this fifth chapter of his professional memoirs, to be published in six parts, Oliver Ash recalls how one of the greats of Paris real estate helped shape his career in the boom of the late 80s. To read or re-read the first four chapters of French Reconnection, please follow the link at the bottom […]
The private rented sector after the end of Covid
There were two recent events of importance to the private rental sector. These were, first, the announcement on how the Government will take forward the various limitations on termination of tenancies and evictions which were introduced as a result of Covid-19 and were to expire at the end of May. Second was the Queen’s Speech, […]
Momentum is building in the PCL market
The efficiency of the UK’s vaccination roll-out and the subsequent easing of lockdown restrictions have brought a renewed sense of confidence into London’s Prime Central London (PCL) market. This is most welcome, given how challenging, volatile and uncertain the past 18 months have been. To date, over 42m people in the UK (approximately 80% of […]
La Reprise! Food for thought at a classic brasserie
The brasserie next to my office is a classic. A chalkboard shows the plats du jour. The waiters in crisp black waistcoats glide between tables. The corner terrasse catches the lunchtime sun. Customers watch the world from wicker chairs facing the street. Since Paris restaurants started re-opening a month ago, a sense of optimism is […]
Heat pumps won’t save the planet
Substantial reductions in the UK’s CO2 production will not be achieved without improving the energy efficiency of the built environment. This means fixing existing buildings, not just building more efficient new ones. Heat pumps are not a new technology, but in the UK, despite government programmes such as the Renewable Heat Incentive (RHI – to […]
Complexity and cost to come for residential property developers and investors
Following the tragic events at Grenfell Tower in June 2017, the UK Government signalled its intention to end the unsafe cladding of highrise residential buildings, providing funding of over £5b to date, towards the cost of replacing such cladding. As part of these efforts, on 10 February 2021, the Ministry of Communities and Local Government […]
Why British house prices went up when they should have gone down
Housing is a topic that gets everyone riled up. Where you live is a sign of success, socially and financially; we take pride in what our houses are like and certainly their location. If you got in on the booming housing market at almost any time in the last 40 years – especially in New […]