YouGov survey reveals the mortgage industry is failing to keep up with modern borrowers’ needs.
Local authorities are emerging as key investors in the UK property market, last year making up around 3.5% of investments compared to much lower figures previously, writes Kevin White, partner at Montagu Evans. Already just over half of investment by councils is within their own boroughs, driven not just by a need to replace the 60p […]
Take-up for ‘big box’ distribution warehouses reached 22.2m sq ft in 2018, 13.2% ahead of the corresponding period last year, with Q3 leasing activity accounting for 4.6m sq ft whilst investment volumes reached c. £1.8bn in Q3 2018, 4% down on the preceding quarter. This was 19% ahead of the 10-year Q3 average and represented […]
European retail investment increased slightly to €56bn over the past 12 months amid growing retail sales across the continent, BNP Paribas Real Estate research has revealed. The leading European adviser’s Let’s Talk Retail report – an in-depth guide to key market trends and forecasts for the European retail real estate market – found that investment […]
New data from BNP Paribas Real Estate shows South East office take-up hit 980,497 sq ft in Q3.
European retail investment remained stable in the 12 months to H1 2018 at €58bn, a slight rise on the previous 12 months despite structural changes impacting the market, BNP Paribas Real Estate Research has found. On half-year, even though its share of total investment slightly declined (22% vs 23% in H1 17), retail property volumes […]
Commercial real estate investment in Europe advanced again during H1 2018 to reach €115.4bn, 2% above the same period in 2017. Germany contributed greatly to this performance by exceeding the previous year’s result (+0.1%) and recording the second-best H1 turnover of all time (€26.1bn). The United Kingdom (€30bn) remained the leading European market despite a […]
Flexible working is expanding at a rapid rate. In 2017, JLL released a report saying 30% of corporate real estate would comprise flexible workspace by 2030. In the same year, CBRE released its own report, estimating growth at 13% per annum. It’s clear that an ever-smaller number of businesses are using the traditional model of […]
Creating a vibrant 24-hour economy is vital to keep up with changing consumer needs.
London remains one of the key global retail locations for luxury and technology brands despite a turbulent Q1 2018 for the UK retail market, according to the latest research by BNP Paribas Real Estate. Despite a raft of administrations and current constrains on domestic spending, retail was the biggest beneficiary of tourist expenditure within London, […]
After recording the best transaction volume in a decade in 2017, the dynamism of the European office letting market continued unabated in Q1 2018, with take-up totalling 26.6m sq ft in the 15 main European markets. This healthy trend was fuelled by the three largest markets, which all recorded high results. Take-up amounted to 3.7m […]
In recent years, disruptive forces have transformed how we think about entire industries. Spotify with music. Uber or Lyft with transport. Netflix with television programmes and films. Technology has changed the way that we think about things that we used to take for granted. Slowly but surely the way in which we think about offices, […]
The European logistics market saw record investment volumes in 2017 and historic take-up levels in France, Spain and the Netherlands, BNP Paribas Real Estate research has found.
Political turmoil was without doubt the low of 2017. Cabinet changes and in-fighting aside, the ups and downs of the Brexit negotiations have had an impact on the London market. A number of businesses have faced difficulty in forward planning and making decisions about their future, prompting moves in the financial sector to other European […]
Carter Jonas’ recent research has found that nearly half of the all the largest local planning authorities in England believe that Permitted Development Rights (PDR) are a problem in their area. This is an increase on 40% in 2016. Of the 73 local authorities surveyed, the primary concern around the conversion of offices to residential centred on the loss of jobs and the impact that this will have on the growth of the local economy.
The growth of flexible workspace – which includes co-working and serviced offices – is a defining trend for the offices market, driven by tenant demand for different way of procuring and occupying office space. London has witnessed a growth of 16% in the number of centres offering both co-working and serviced offices since 2016*, according […]
An increasing number of UK retail assets are either becoming less relevant, or even irrelevant, as traditional shopping locations. With residential values exceeding those of retail, particularly in the South East, the obvious answer would be to use these sites to alleviate housing need. As simple as this may be, this approach would be a […]
As the physical and digital customer experience becomes a key part of driving retail growth, Joanne Skilton looks at the ways in which retailers are reinventing their offer to keep pace in a changing world.
Property remains a complicated asset, with each acquisition posing specific challenges. How can you get the best returns?
The auction room’s diverse set of buyers and lots on offer, and its ability to reflect, through pricing, events affecting supply and demand, make it the ‘stock market’ of the property world, as Savills’ Chris Coleman-Smith explains
COMMENT: London’s continued place at the summit of the global cross-border real estate investment standings, for 2017 year-to-date, provides some interesting evidence on the importance of long-term fundamentals – including time zone, talent pool, lifestyle, property rights, infrastructure and tax stability – versus short-term political uncertainty, says Andy Martin, UK chief executive, BNP Paribas Real Estate
High rents and a shortage of office space in central London and the West End are likely to see the race to east London gathering pace in the commercial sector
Commercial property investment volumes into the UK were initially curtailed by the uncertainty created in the aftermath of the EU referendum
This may conjure up an image of the rural idyll so readily portrayed on Sunday evening TV to ward off the evils of Monday morning – the period drama that resembles Dickens without the cholera. But are we really offering up a new solution to the concept of large-scale development or attempting to convince ourselves […]
House prices usually see a post-election bounce, but plans to reform the funding of social care could profoundly restrict the flow of inter-generational wealth that underpins the market, says BNP Paribas Real Estate head of research Simon Durkin. Governments elected with a big majority are usually good news for the housing market. While transactions tend […]
At BNP Paribas Real Estate’s recent Capitalise event in London, keynote speaker Andrew Neil gave his views and analysis on the upcoming general election and the policies that will shape the market in years to come, and Ben Page, Chief Executive, Ipsos MORI provided an insightful steer on the political landscape. Hosted by BNP Paribas Real […]