The recent Dublin City Taskforce report, published at the end of October, recommended how multiple state and semi-state agencies can collaborate to effect a strategic overhaul of Dublin’s city centre. The role of private developers, investment funds, and institutions is equally important, and perhaps even more so, but for these to be enabled, state actors must evolve and facilitate quicker decision-making.
The ‘build it and they will come’ mantra should be ringing in the ears of property funds given global trends
UK real estate will need to adapt to wetter, hotter and colder environments ESG regulations, government policy and occupiers will demand real estate fit for purpose in extreme weather Green buildings are being demanded by policy, consumers and investors.
A number of government policy moves, regardless of how well-intentioned, have created further problems that could hamper accommodation supply.
Hammerson, the London-listed retail property company and owner of Dundrum Town Centre, has had a very good week. To put this in context, good news...
The boom in electric vehicles is not going to go away. Push factors are the climate crisis and the cost of petrol. Pull factors are the rise in efficiency of electric cars and their falling prices. Demand is only going to go one way, but ensuring our built environment is ready to accommodate the boom is another matter.
Planning regulations already mean building must be environmentally friendly, but a commercial industry has developed to capitalise on the need to be seen to be green.
Despite an estate weighing in at 6.9 million hectares, the NHS land portfolio is used poorly. Hospitals and services are creaking while staff often struggle to find affordable homes nearby. Most NHS workers spend close to 50% of take-home pay on housing.
As another UN Climate Change Conference, Cop 28, comes to a lacklustre close in Dubai, with key elements again watered down by vested interests, it is worth relating this back to property, and particularly the office sector.