Global investors seeking out neighbourhoods

MIPIM 2018: It’s not countries, it’s not even cities, rather, it’s neighbourhoods that are driving increased focus for global investors.

That was the key takeaway from the EG Global session Destination Known.

“We need to start thinking about investment away from buildings and look at neighbourhoods – look at the people, understand what they want,” said Yolande Barnes, head of world research, Savills.

Barnes was also keen to point out that the fundamentals of occupier demand and the increased use of technology was changing our world view of real estate investments.

“The traditional central business