article thumbnail

London Real Estate Forum makes the right noises, but will be judged on action

Workplace Insight

This year’s London Real Estate Forum (LREF), held from 27-28 September at the Barbican, had a general air of optimism but tempered with the uncertainty of a general election in the next twelve months and elements of political and economic uncertainty globally.

article thumbnail

Landlords and occupiers don’t see eye to eye on the decarbonisation of European real estate

Workplace Insight

Progress on the decarbonisation of real estate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiers, according to a new report from the Urban Land Institute C Change programme.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

Workplace Insight

The pause button had already been hit on most commercial real estate investment by the time of MIPIM and many of the major institutional investors and global advisors cited the impasse between asking price and true valuation as the main stumbling block. In fact we’ve realised the opposite is true,” she said of the sentiment in Germany.

article thumbnail

Investment in real estate upgrades stalls in face of economic and business challenges

Workplace Insight

Research by ULI and PwC claims that nearly half of Europe’s real estate leaders are concerned about buildings becoming obsolete in the next five years in the face of long-term upheavals in demographics, climate change, technology and lifestyles. The industry is uncertain about when obsolescence will start to show in values.

article thumbnail

Delivering on construction productivity is no longer optional

McKensey

Why the construction industry must climb out of its productivity rut—and why it hasn’t yet.

article thumbnail

Economic and political uncertainty continue to dampen commercial property market sentiment

Workplace Insight

The report – Emerging Trends in Real Estate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level of predictability in a market characterised by higher inflation and interest rates, and geopolitical and economic uncertainties.

article thumbnail

The bill for upgrading office buildings worldwide could hit £1 trillion

Workplace Insight

A significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildings, according to a new report from real estate firm JLL. percent of its total office inventory built since 2020 or under construction, its vacancy rate stands at percent. billion and $43.6