More and more key real estate agents from across the UK have committed to start sharing their data as part of an industry led initiative to create a more accurate, reliable and timely view of the UK real estate market
CBRE, JLL, Savills, Colliers International, GVA, Knight Frank, BNP Paribas Real Estate and Gerald Eve were among the first to commit to using Radius Data Exchange. They have now been joined by firms including Cushman & Wakefield, Lambert Smith Hampton, Farebrother, Bidwells, Carter Jonas, Alder King and Monmouth Dean, as the industry works towards creating the first complete view of the UK real estate market.
The commitment will see the firms automatically submit deals and availability data through Radius Data Exchange, taking out layers of friction and wasted work hours and freeing up employees to do more valuable work.
Andy Martin, UK chief executive of BNP Paribas Real Estate, says the establishment of Radius Data Exchange was a necessary next step in the evolution of the consultancy world.
“We all saw that we were collecting our own data so thought wouldn't it be easier if we actually spent time looking at how we could create trends information, rather than on collecting the data,” says Martin. “Clients want to know what the data means, not what the data is. So in some respects that was the obvious place for us to fix. The industry knows how to come together on important projects and this is just another way in which we can work together for common good.”
To read more on how the UK's agents are adapting to a data-sharing future visit www.egi.co.uk/news
To find out what Radius Data Exchange can do for you, visit www.egi.co.uk/radiusdx
Close to a decade after the Lehman Brothers collapse, Europe is offloading tens of billions of euros’ worth of distressed real estate loans every few months. How does the market work and why is it not going away?
Tim Bannister, director of data services at Rightmove – the 9th most visited site in the UK – explains what it does with 1.6 billion page views a month, and how it can use that data to predict when the next crash is (and when you should sell your home).
The UK has long been a draw for Middle Eastern investors looking to deploy capital. Now the Middle East is looking to attract investment from the UK in established and emerging emirates.
This latest EG Property Podcast hears from investors, developers and advisers about how the region is offering security, stability and exceptional returns.
The Court of Appeal has given judgment in First Tower Trustees Ltd v CDS (Superstores International) Ltd - a case dealing with misrepresentation and the question of whether the Misrepresentation Act 1967 applied to the non-reliance clause in the lease.
To put the case in context, EG is joined by Clare Harman Clark, senior professional support lawyer at Taylor Wessing. She covers the facts of the case, its journey to the Court of Appeal and, crucially, what it means for property professionals.
The second Grimsey Review into the future of retail was launched in Birmingham this morning.
EG’s retail analyst James Child, who contributed data to report, was in Birmingham to speak to co-author Matthew Hopkinson and insolvency expert Nick Hood about initial reactions to the recommendations set out in the report
Listen in to find out why the future is not about shopping and visit www.egi.co.uk/news for a full breakdown of the report and its recommendations.
EG was a main data contributor to the Grimsey Review, supplying in-depth and complete analysis on the retail real estate market using Radius Data Exchange. To find out more about how Radius Data Exchange can help you, visit www.egi.co.uk/radiusdx or to speak to our specialist retail analyst, e-mail email@example.com.
The high street has never been in more desperate need of help. With almost 11 million sq ft of retail space lost this year due the closures of stores, and thousands of jobs lost so dfar this year – EG asks what exactly needs to be done.
EG Editor Damian Wild talks to Bill Grimsey, ex-CEO of Wickes and leader of the report, Jackie Sadek, COO of Regeneration UK Ltd, and James Child, Retail Analyst at EG about what the key takeaways from the review are, what local authorities should be doing to kick-start regeneration and what the future of the UK’s high streets will look like without the help they need.
In his new role as president of the British Property Federation, chief executive of LandSec, Rob Noel tells EG the property industry has not even begun on its journey towards diversity and sets out his ambitions for his tenure.
Years before Sarah Hayes was made partner at KPMG, she was growing up in Bodmin Moor with dreams of becoming a vet working with large animals.
Now, Hayes has spent the last 15 years at KPMG and was made partner in the real estate transaction services team in May. But, she tells EG’s Tomorrow’s Leaders Podcast: “I’ve not come the standard route.” She studied accounting and finance at the University of Plymouth where those around her doubted her future prospects.
She says: “I can remember being at university and being told that none of us would get into Big Four because you had to go to a better university. There’s a big part of me that would quite like to find that lecturer and stick my tongue out at him.”
In this podcast, Hayes speaks about being a role model to other women in the industry and the conversations property needs to be having around the diversity of thought. She also talks about her favourite dragon - not mentioning Game of Thrones once - and about the relative viciousness of horses versus ducks.
22 Bishopsgate, the largest tower under construction in the City of London at the moment, is slated to complete next year and already has three tenants signed up.
Stalwart member of the property industry Sir Stuart Lipton muses on the role of placemaking and flexible working within the building, as well as pushing forward with its speculative development post Brexit.
Disclaimer: Please note that the podcast was recorded on location so there is background noise.