16 April 2016 – by David Hatcher UK investment volumes have plunged by a third this year as the bull run enjoyed for the past five years fades. Just £10.1bn traded during the first quarter – a 31.8% decrease on the same period last year and a 27.3% decrease on
COINS has recently announced the six winning contestants of its yearly competition that will help to pave the way for greater innovation and sustainable methods of production that the industry will be able to implement into its workings in the near future to ensure its progression and development into the
The future of commerce in the Netherlands at least among LIDL delegates seems even more cemented for a lucrative future following the deal its E-Commerce branch has made with Delin CAM on an area of land in the bustling Roosendaal region of the country. In total, no less than 58,000
Work has gone under way in the area of the London docklands to clear away the former site of the Westferry Printworks base. Only once this is done will building and construction developments take place to construct a brand new walkway and waterfront area in the vicinity of business sector
An online agency dealing in real estate in the property and development sector of the country known as HouseSimple has discovered that there has been a considerable increase in the amount of homes being built and supplied in various towns and cities across the country in the last month of
16 April 2016 – by David Hatcher UK investment volumes have plunged by a third this year as the bull run enjoyed for the past five years fades. Just £10.1bn traded during the first quarter – a 31.8% decrease on the same period last year and a 27.3% decrease on the quarterly average for the past three years, research by Cushman & Wakefield shows. The upcoming vote on Britain’s EU membership on 23 June is prompting buyers and sellers to stall. The International Monetary Fund has downgraded its forecast for UK growth in 2016 from 2.2% to 1.9% due to the EU referendum, with the Bank of England adding it expected “some softening” as a result. Jeremy Beckett, senior director of investment at Cushman & Wakefield, said: “We would expect Q2 to follow Q1 as this sentiment continues.” However, he added that there was “significant potential for a very strong H2 in the event of a vote to remain in Europe”. The Brexit referendum is just one of a number headwinds the industry faces, and the slowdown is not only UK-oriented. JLL research shows that EMEA volumes were down 20% year-on-year to €40bn (£32bn) in the first quarter, and globally were down 17% to $154bn (£109bn). All the content from this weekís magazine, including this article, is available in the new app. The IMF has also downgraded global growth for 2016 from 3.4% to 3.2%. The collapsed oil price, slowdown in the Chinese and emerging market economies, a spate of retailer downsizings in the UK and the shrinking of investment banks as their profits are squeezed have all contributed to the slowdown. The new figures come in the week that Citi put two of its long-standing directors in its European lending team on consultation for redundancy as it anticipates a continuation of thin volumes and tough credit markets. The £500m purchase of Cannon Place, EC4, which was one of the largest ongoing transactions in the UK, also collapsed this week as Taiwanese insurer Fubon was refused regulatory approval. Seller Hines said it is now in discussions with an alternative buyer. Proptech start-up We Are Pop Up fell into administration this week as it failed to find new equity to keep it afloat (p32). Concerns are also rife in the London luxury residential market that buyers are walking away from deposits and developers are offering large discounts for bulk purchases of flats. Short selling of shares in residential developer Berkeley Group currently stands at 6.5% of those outstanding – the highest level since 2008. C&W’s Beckett said: “Institutional investors from the UK and to some extent overseas are leading the cautious sentiment towards the market, being conscious of loss aversion in the short term. They don’t want to call it wrong and might rather invest and pay a stronger price in H2 when the [referendum] outcome is clear.” Source link
COINS has recently announced the six winning contestants of its yearly competition that will help to pave the way for greater innovation and sustainable methods of production that the industry will be able to implement into its workings in the near future to ensure its progression and development into the 21st Century. With the amount of climate change and the dwindling of the world’s resources and materials, it is becoming more than ever a reality and a top priority for businesses in the building and construction industries to do what they can in order to improve themselves. The six deserving winners of the COINS competition were treated to a luxurious London gala dinner on Wednesday the 8th of this month of February and it is clear from the photographic evidence that the evening was a barnstorming success in every sense of the meaning of the word. Mister Robert Brown, the Chief Executive Officer at COINS, wishes to explain that despite the fact that there can only be six individual winners to the competition, the efforts and enthusiasm of all involved is what makes the competition what it is and wants to say well done to all who showed an interest in the contest. Finally, Mister Brown wishes good luck to all of those that proved themselves so good and worthy of the vital building blocks to ensure their success in the construction industry. With an agenda devoted to greater sustainability as well as different forms of leadership skills, the company ensures that every single year entrepreneurs and young minds with the capacity to promote change and progress in the construction industry are rewarded with the just merits that they deserve. The various forms of awards that COINS issues range from research and development programs to internships with exclusive and award-winning companies around the country, thus ensuring that future generations of innovation and progress remain possible within the building, design and construction industry.
The future of commerce in the Netherlands at least among LIDL delegates seems even more cemented for a lucrative future following the deal its E-Commerce branch has made with Delin CAM on an area of land in the bustling Roosendaal region of the country. In total, no less than 58,000 square meters have been agreed on between the two large and profitable enterprises. By pre-letting this large piece of land to LIDL, it is hoped that even more logistical developments and plans for building will continue in order to ensure the future of e-commerce in the thriving region as well as in that of Holland as a whole, and for the rest of Europe in the North Western regions of the world for that matter. The Benelex region will also witness significant growth and retail expansion as the year progresses further on into March and April, with a total of 100,000 square meters of the overall 150,000 square meters expected to already be in the stages of building and development by the end of this very year. This clearly demonstrates the logistical developments that are taking place within LIDL itself and other retail sectors, meaning that enterprises like DCAM can invest even more than ever before into building space for these companies to organize their logistical developments across the whole of Europe. In Amsterdam Park, a particularly popular logistics site due to its strategic proximity to the busy port of the same city, DCAM will devote themselves to pursuing the construction of warehouse space in amounts totaling 35,000 square meters of space for companies with the rent funding capacity to use for their logistics procedures and for storage. With reliable contractual development company Unibouw expected to complete the building, design and construction of the warehouse space and with plans to have it up and run by early next year of 2018, the future of DCAM and companies such as LIDL looks bright in Holland.
Work has gone under way in the area of the London docklands to clear away the former site of the Westferry Printworks base. Only once this is done will building and construction developments take place to construct a brand new walkway and waterfront area in the vicinity of business sector Canary Wharf along the bank side of the River Thames. An area of 16 acres of land, the former printing work base will be cleared up over the course of the next few months so that more than 700 new homes will be able to built in the area. This will enable a brand new community to develop in the pleasurable sector and region of this part of the city where a new infrastructure and community will be set in order to ensure the future of the economy in the area. This is an excellent attempt to create a new number of homes for the London area and something which the land developing world in London and the rest of the United Kingdom can follow as an example of investment and growth by companies into creating more homes and prosperity. Richard Desmond the head of Northern & Shell enterprise that had previously owned the Westferry Printworks is very pleased that the land is going to put to good use and that the Docklands of London will be able to thrive once again. Indeed, such an enterprise will also allow for the implementation of a school for children in secondary education that will have 1,200 places. This indicates the amounts of growth and investments that Richard Desmond and Northern & Shell are implementing by enforcing the clearing away of the Printworks and the hope is that the area will become a new and vital community right on the doorstep of the Canary Wharf sector of the city.
An online agency dealing in real estate in the property and development sector of the country known as HouseSimple has discovered that there has been a considerable increase in the amount of homes being built and supplied in various towns and cities across the country in the last month of January this year as compared to December 2016. The research figures that they have compiled indicate that there have been almost twice as many homes being built and supplied in the last month as compared to the previous one of December, totaling a 93.3 percentage increase. Of course, it is quite natural during the December month that the rate of property construction and supplying tends to decrease, what with the impact of adverse weather conditions as well as the traditional holiday period of that year. Nevertheless, only a month later, the fact that the amount of homes across the United Kingdom has increased to the point that it surpassed twice as much in over a quarter (27.1 per cent) of the country’s urban areas demonstrates a significant rise in growth and a sense of enthusiasm in the building and construction industry to tackle the problems that it will undoubtedly face this year with bravery and optimism. The area of Lichfield in the West Midlands was the area in the country that increased the most in property supply in January compared to the month before, with a staggering 268.4 per cent increase by the end of the last month. Undoubtedly, this is a sign that the West Midlands is certainly living up to be one of the most lucrative areas for property development and construction. Indeed, it was also listed in a survey by eMoov recently (another estate agency accessible by internet means, like HouseSimple) as the most desirable place for young couples wishing to start a family in a more affordable housing area.
