EG is the leading publisher for news, analysis, comment and interviews in the UK property industry.
Voice of the Region: Berkshire – Super-connected and super-active
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.
Let’s get phygital: the hybrid future of offices and the importance of community
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.”
Market Moves: INREV's theory of evolution for funds of funds
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.
EG Like Sunday Morning: Wooden buildings and sustainable towers
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?
No Filter Episode 5: Triangulating Life Sciences
Graham Shone is joined on this edition of 'No Filter' by Deputy Legal Editor Jess Harrold to discuss the life sciences research published last week, how it came about, and what it might mean for some of those locations highlighted.
Voice Of The Region: West & East Sussex – State of independents
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.