The Blog

Listed Building Regime

The regime for listing buildings has come into public focus recently with English Heritage listing of 14 modern buildings – some of them rather ugly. Like them or loathe them: that’s a question? Another question is whether English Heritage is now going to take seriously the deregulation introduced by the Enterprise and Regulatory Reform Act

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The Future of Retail?

Scott Malkin, chairman of Value Retail says that 80% of Chinese visitors to the UK go to his upmarket designer discount shopping centre at Bicester, about 90 minutes’ journey north of London. First you wonder how he knows it’s 80% but as Chinese tourism is still largely in organised tours, it’s a plausible claim. What

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Building Costs

UK constructions costs are rising fast – 20-25% over the past year, reflecting capacity shortages for both men and materials.  Unless rental values start to rise outside Central London, or land values fall, then new development will cease to be economic which is bad new for the UK regions trying to regenerate.

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The Vision Thing

You may have read about the Vision initiative taken by the IPF. Their proposal is to introduce extra banking regulation for property lenders and to have concepts such as ‘Long Term Value’ apply to properties for the purpose of bank valuation. The proposed new banking regulation environment known as Basle III is already mired in

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Farewell Reichmann

Paul Reichmann died last week and the obituaries applauded his role as initiator and developer of Canary Wharf. And indeed it is no small achievement to have carried through the construction of an office development that has reshaped London’s commercial property market. But it is not quite accurate to describe Reichmann as the initiator. His

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Going, Going, Gone?

Europroperty reports that DTZ’s view of the European funding gap has changed materially. 6 months ago it was $86 billion, now it’s $50 billion. Isn’t that fantastic? Perhaps in 6 months’ time it will be down another $36 billion and at $14 billion, it will scarcely be worth mentioning. Indeed why has it been mentioned

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New News

Giles Barrie, Editor of Property Week, is the latest journalist to cross the divide and move into a PR agency. The staff turnover at the leading real estate journals has been noticeable over the last year or so. It’s as though the journalists see the changing of the guard in the industry and think –

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At a black tie dinner, Julie Etchingham, the ITN newsreader and a serious journalist in her own right, is the guest speaker. She is personable and has some good jokes. She talks about highlights of her career including commentating at the royal wedding and covering the Pope’s visit. Yet she strives to show that she

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So, farewell RREEF!

RREEF, founded in 1975, had a distinguished existence for many years and for a long time was the leading US real estate manager. In 2008, it was identified as one of only two US real estate managers that had been in the top 20 in 1988 before the early 90’s real estate crash and continued

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Primrose Hill

Primrose Hill is a haven for celebrities, so what could be more fitting than B-lister Simon Jenkins selling his five storey town house on Regents Park Road to another B-lister, Mary Portas. Perhaps Mary is attracted by a high street of independent local traders, after all this is an area that blocked Starbucks’ arrival. But

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