While rapid urbanisation has created greater wealth and economic output, it also has exerted severe pressure on the environment and public health. According to the United Nations, currently 75% of the world’s carbon emissions and 50% of waste come from cities, with at least 40% of the former from properties. As more than half of the world’s human population already lives in urban areas, demand for sustainable housing and work spaces in cities has reached a crucial point.
Lack of availability, not demand While Brexit has continued to hit the UK property market, several underlying trends are starting to paint a different picture, particularly in the central London office market where its expanding skyline is proving more resilient than expected.
Ongoing economic, technological and socio-demographic shifts have strained bricks-and-mortar retailers for some time now
At the end of an extraordinary year of heightened demand in Environmental, Social, Governance (ESG) investments across numerous asset classes, opportunities for long-term, sustainable investing in the real estate management industry are now becoming a bigger focus.
There has been a strong revival in occupier and investor activity in the major UK regional office markets recently, reversing the trend seen since the Global Financial Crisis and confounding the current slowdown seen in regional retail markets.