Estates Gazette Property Podcasts

Schroder UK REIT posts strong rise in NAV

Schroder UK REIT’s campus approach to investing helps drive strong underlying growth in NAV and revenues. We spoke to Duncan Owen, global head of real estate about the 2015/16 results.

"Serviced office market is undervalued by 20%" - Giles Fuchs, Office Space in Town

Serviced offices are could be worth £126bn by 2025, instead of £62bn, if valued as their own asset class, according to a new report.

The study, by think tank Capital Economics and property academics, Professor Michael White of Nottingham Trent University and Professor Neil Dunse of Heriot-Watt University, was launched today and commissioned by Office Space in Town.

It argues the case that serviced offices are undervalued by up to 20% and need a market-specific valuation framework, as well as outlining a framework for the first time.

EG Retail Summit 2016 Highlights

At the Estates Gazette 4th Annual Retail Summit 2016, delegates heard from Deloitte that landlords do not need to be nervous about many more insolvencies on the high street this year.

 

 

The connectivity masterclass

The connectivity score of a building could soon become what defines its success in terms of securing occupiers, and therefore investors.

Property and connectivity experts discussed more about why developers should treat connectivity with urgency, how to factor connectivity in at the start of a building project, and the implications of ignoring workers' number one need.

The experts included Karl Liriano, head of mobile access, Telefonica UK; William Newton, UK director, Wiredscore; Philippa Davies, leasing surveyor, Derwent London; Richard Howard, head of emerging London, Cushman & Wakefield; Despina Katsikakis, workplace transformation expert; Steven Bage, strategic infrastructure advisor, City of London Property Advisory Team; Chairing: Emily Wright, Features & Global Editor, Estates Gazette.

The round table was held in partnership with O2 and hosted by Derwent London.

 See the video at www.estatesgazette.com/videos

Vicky Pryce: Brexit will cause "uncertainty premium"

The economist Vicky Pryce has said a Brexit will cause an "uncertainty premium" around foreign investment decisions.

The UK would be less attractive to overseas investors in the case of a leave vote in the EU referendum because it would no longer be a gateway to Europe, she added.

She was speaking to Estates Gazette at a referendum event hosted by Helix Property on June 7.

Words: Rebecca Kent

Chief executive of Custodian REIT discussing 12 month results

Chief executive of Custodian REIT discussing 12 month results a £45m debt package and the first capital raise by a REIT this year.

Don't copy Google, says workplace expert Despina Katsikakis

Don't copy Google when it comes to workplace strategy.

That's according to workplace expert Despina Katsikakis, the driving force behind Google's workspace, one of the most iconic and copied in the world.

Katsikakis said that interiors must be developed to support the culture of the business in question.

"When we did the vision for the Google workplace, the look was copied all over the world. But people didn't understand what it meant. It was a physical manifestation of the cultural values of Google. It wasn't a transferable solution," she said.

"You need to engage to understand the culture of a particular business. Otherwise you could end up with a space that looks great but does not fit with the culture at all.

"And then the space will fail."

Andrew Jones discusses future results - LondonMetric

Andrew Jones discusses future results - LondonMetric

Urban Splash's Park Hill: What next?

Urban Splash regeneration director Mark Latham and architect Roger Hawkins of Hawkins\Brown discuss the history of the landmark Sheffield regeneration project and how successful it has been in attracting new residents. 

 

Great Portland Estates posts profit growth

Great Portland Estates has posted a rise in pretax profit for its financial year ended 31 March to £555.1m from £507.4m.

In the period revenue rose to £128.8m from £88.8m and net rental income increased to £75.5m from £66m.

It also recorded a £442.2m surplus from investment property, up from £380m a year earlier.

Its portfolio valuation grew by 15% during the year, during which it posted rental value growth of 9.9%.