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January 25, 2018

Homebuilder launches recruitment drive in National Apprenticeship Week

Category: Construction Industry Today | Subscribe to Construction Industry Today Feed Published Thu, Mar 31st 2016 Brighton homebuilder Barratt Developments has thrown its support behind the government’s campaign to boost the number of young people in apprenticeships as part of National Apprenticeship Week. Posted via Industry Today. Follow us on

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Investor demand set to be unleashed in second half of 2016

The UK commercial property market could see an exceptionally high amount of activity in the second half of 2016 as investors flood to the market post the EU referendum, says Savills. The rebound in UK investment volumes in H2 could follow the pattern seen in the Scottish investment market after

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Shop vacancy rate at lowest level since 2009 – Josh

25 May 2016 | Herpreet Kaur Grewal Britain’s shop vacancy dropped to 12.4 per cent in April – the lowest since December 2009, according to the Local Data Company (LDC) and British Independent Retailers Association (bira). This figure is down -0.6 per cent from April last year. The report revealed

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Vivalda Group sets new quality standards with latest cutting technology

Vivalda Group plc, the UK’s largest distributor of high performance facades, has successfully completed an investment project that brings the benefit of digitally-controlled cutting technology to all eight of its locations across the UK and Ireland. As part of its strategy to increase its pioneering offsite fabrication capacity, the £250,000

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UK new home registrations up 6% in 2017, reports NHBC

More than 160,000 new homes were registered to be built in the UK last year, an increase of 6% on 2016, according to NHBC latest new home statistics. 160,606 homes were registered throughout the course of 2017, up from the 152,017 the previous year and the highest since the pre-recession

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BDC 317 : Jun 2024

January 25, 2018

Homebuilder launches recruitment drive in National Apprenticeship Week

Category: Construction Industry Today | Subscribe to Construction Industry Today Feed Published Thu, Mar 31st 2016 Brighton homebuilder Barratt Developments has thrown its support behind the government’s campaign to boost the number of young people in apprenticeships as part of National Apprenticeship Week. Posted via Industry Today. Follow us on Twitter @IndustryToday The company has opened up positions for new apprentices, including bricklayers and carpenters/joiners at its developments across the region. Building on its commitment to secure three million apprenticeship starts by 2020, the government has launched a ‘100 in 100 apprenticeship campaign’, which will see MPs across all political parties in England securing apprenticeship pledges from businesses in their constituencies, with the aim of creating at least 100 new apprenticeships within the next 100 days. Gary Ennis, regional managing director of Barratt Developments, which incorporates Barratt Homes and David Wilson Homes, said its apprenticeships provide the perfect foundations for a career in the construction industry and it will be focussing on ensuring apprentices successfully complete their programmes and enter the industry as qualified tradespeople or trainee site managers in order to address the current skills shortage. “Nationally we have recruited 780 graduates, undergraduates, apprentices and trainees in the past three years of which 480 were apprentices,’’ he said. “By September 2016, we will have around 450 apprentices and trainees currently on a programme, which represents 7.5% of the direct workforce. “We want to invite anybody with an interest in construction to consider applying for one of our apprenticeship and help us build our award-winning new homes.“ Barratt Developments’ apprenticeship programme sees learners work on an assigned development in the region for part of their working week, as well as taking part in classroom-based learning at a local college.                                                                                                                   Source link

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Investor demand set to be unleashed in second half of 2016

The UK commercial property market could see an exceptionally high amount of activity in the second half of 2016 as investors flood to the market post the EU referendum, says Savills. The rebound in UK investment volumes in H2 could follow the pattern seen in the Scottish investment market after the independence referendum, when investment volumes in H2 2014 increased by 85%, compared to a normal second half of year increase of 45%. Total investment volumes for all property in January and February 2016 were 10% higher than the long term average, although 25% lower than the equivalent period in 2015, according to Savills. Sentiment towards UK real estate assets is still overwhelmingly positive with the Lloyds Bank Investor Sentiment Index February 2016 demonstrating that 49% of investors were positive to UK real estate and fund managers increasing their allocations to UK real estate. There are opportunities in the market for investors who are looking to strike in the immediate future. “The strong occupational markets and ability to buy good quality properties with longer leases than are prevalent in other global markets are attracting a wide range of non institutional UK and overseas investors”, says Richard Merryweather, Joint Head of UK Investment. Mark Ridley, CEO Savills UK & Europe, continues:“While some investors are exercising caution before the outcome of the Brexit vote is known, the combination of high allocations to UK real estate, strong sentiment amongst investors, record levels of occupier demand, falling supply and rental growth could all combine to see investors return to the UK market with a bang post referendum. Typically, even in non-election years, the second six months of the year are busier for investors than the first, but even taking this into account we’re expecting to see a very significant uplift in activity on account of the UK’s safe and stable market.” View Savills March Commercial Market in Minutes report here Source link

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RIBA Client of the Year shortlist reveals the clients championing brilliant architecture

The Royal Institute of British Architects (RIBA) has today (Thursday 1 September 2016) announced the shortlist for the 2016 RIBA Client of the Year award. The annual award, supported by The Bloxham Charitable Trust, recognises the role that a good client plays in the creation of fine architecture. The 2016 shortlist is: Leicester Print Workshop – nominated by Takero Shimazaki Architects for their 2016 RIBA Award-winning Leicester Print Workshop Manchester City Council – nominated by Mecanoo for their 2016 RIBA National Award-winning HOME (in addition to the 2016 RIBA North West Award winners Manchester Central Library by Ryder Architecture and Library Walk Link Building by SimpsonHaugh and Partners) University of Oxford Estates – nominated by WilkinsonEyre for their 2016 RIBA Stirling Prize shortlisted Weston Library Westmorland Limited – nominated by Glenn Howells Architects for the 2016 RIBA National Award winning Gloucester Services by Glenn Howells Architects and AFL Architects The winner of the 2016 RIBA Client of the Year Award will be announced at the RIBA Stirling Prize party on Thursday 6 October at RIBA in central London. The Architects’ Journal is media partner for the RIBA awards, including RIBA Client of the Year, and professional media partner for the RIBA Stirling Prize. The RIBA Stirling Prize is sponsored by Almacantar. ENDS Notes to editors: 1. For further press information please contact Callum Reilly in the RIBA Press Office callum.reilly@riba.org or 020 7307 3757 2. Previous winners of the RIBA Client of the Year Award include The Royal Shakespeare Company (2011), Olympic Delivery Authority (2012), the National Trust (2013), Manchester Metropolitan University (2014) and National Theatre (2015). 3. The Royal Institute of British Architects (@RIBA) is a global professional membership body that serves its members and society in order to deliver better buildings and places, stronger communities and a sustainable environment. www.architecture.com 4. Tom Bloxham MBE of Urban Splash supports the RIBA Client of the Year award through his charity The Bloxham Charitable Trust. 5. Almacantar is a property investment and development company specialising in large-scale, complex investments in Central London, with the potential to create long-term value through development, repositioning or active asset management. Since launching in 2010, Almacantar has acquired a number of prime assets with untapped potential in the heart of London, including: Centre Point, Marble Arch Tower, CAA House, 125 Shaftesbury Avenue and One and Two South Bank Place. www.almacantar.com For further information please contact: Finsbury +44 (0)20 7251 3801 Faeth Birch 6. For more information on The Architects’ Journal visit www.architectsjournal.co.uk 7. Summaries from each nominator on their shortlisted client: Leicester Print Workshop Nominated by Takero Shimazaki Architects for their 2016 RIBA Award-winning Leicester Print Workshop. The project was led by Leicester Print Workshop (LPW) Director, Lucy Phillips, who had the vision to create a new home for LPW. A vision to make its printmaking processes more visible, make LPW more central to Leicester’s arts community and create more accessible premises with larger flexible spaces for printmaking to flourish. With a well-written briefing document, the strong vision was clear from the outset and architects were invited to pitch. The selected team understood the organisation’s aspirations and printmaking processes. Lucy’s involvement, supported by the Board of Trustees and the Working Members Group, was key to the architecture of the project, including using printmaking as an inspiration for its construction and creative involvement in design decisions and value engineering. Lucy cultivated a participatory culture surrounding the project; design workshops were held with the artists and a network of volunteers and funders were inspired to partake. Lucy made it a project truly connecting within its context and locality, by finding a site through partnerships with City Council departments, applying for Arts Council England funding and grant-making trusts, gaining support from the Mayor’s office and supporting local schools’ arts initiatives. The LPW team started ‘Our Big Move’ campaign, updating their website and tumblr to keep supporters and investors abreast of site and funding progress (http://lpw-ourbigmove.tumblr.com/). Artists organised pop-up print sales, produced limited edition mugs and prints. On site, there were artists in residence visits and volunteering weekends to help with the final touches. Now in occupation, LPW andTakero Shimazaki Architects are working on a book. Today the sense of achievement is palpable amongst LPW staff and artists, one of whom said ‘I find myself unduly filled with pride and astonishment as I approach the building’. Manchester City Council Nominated by Mecanoo for their 2016 RIBA National Award-winning HOME (in addition to the 2016 RIBA North West Award winners Manchester Central Library by Ryder Architecture and Library Walk Link Building by SimpsonHaugh and Partners). Manchester City Council is committed to high-quality design, looking for the best and most innovative ideas. They approach procuring buildings as a journey that goes beyond design and construction and considers how the buildings will be used and maintained once they are complete. They are conscious of making sure there are pragmatic solutions that keep running costs down as well as providing aspirational designs. With HOME, they commissioned not just a multi-art form building, but an actual new home to two well-loved cultural institutions, within a new mixed-use, commercial, leisure destination: First Street. In selecting an architect for HOME via a European competition, they looked for a clearly articulated understanding of the brief and what the City wanted to deliver. They chose Mecanoo because, rather than someone imposing their solution on them, they wanted designs to evolve. The cultural development department spent a lot of time getting the brief right. They managed to solve problems along the way, future-proofing the project. Looking at a lot of theatres and their ancillary spaces helped with the look and feel of HOME, achieving great intimacy in the main auditoria. The department also spoke to the people who actually operate the buildings to ask them what they would have done differently. For HOME, understanding and interpreting the end-user’s vision about what they want to achieve was particularly successful, with HOME director and chief executive Dave

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UK commercial property market could see short term weakening due to Brexit

The UK commercial property market is likely to see a weakening in demand due to the decision of the British people to leave the European Union. Foreign investors in particular are likely to cool while the terms for the country to leave are thrashed out as uncertainty about direction and timing affect decision making, according to experts. Even if it is effectively ‘business as usual’ for the UK in terms of trade and legislation until 2018 when the actual exit is likely to take place, such a major change will inevitably create uncertainty in the economy and real estate markets, according to Chris Ireland, chief executive officer of JLL UK. He explained that in the event of a well-managed exit these impacts will be largely confined to the UK. ‘In the short term we may see a weakening in occupier demand. The impact on rents may be limited by tight supply, but activity will be adversely hit while initial uncertainty about direction and timing continues,’ said Ireland. ‘Investor sentiment may also remain subdued in the short to medium term. For property markets, the initial correction may be most severe but should be followed by an upturn as opportunities re-emerge in UK core markets and benefits of weak sterling are recognised. Sentiment and relative pricing will be key,’ he pointed out. ‘Much will depend on the speed of negotiation, the wider political picture and whether a clear direction of travel and timetable for an EU exit is established early on,’ he added. According to an analysis by JLL occupier demand will weaken in line with economic growth and declining business sentiment. The impact on rents may be limited by tight supply, but activity will be adversely hit. It also suggests that investor sentiment will deteriorate further, subduing capital flows in the short to medium term and there is likely to be a negative capital value adjustment over the next two years, estimated at a fall of up to 10% with yields moving around 50bp. It points out that London sectors remain most vulnerable to correction given current keen pricing and their multinational occupier base but much will depend on the speed of negotiation, the wider political picture and whether a clear and favourable direction is established early on. According to Mark Clacy-Jones of international real estate firm Knight Frank the decision will cause volatility across all investment markets, and real estate will be no exception and he predicts that uncertainty over future economic conditions in the UK will cause some deals on hold to be shelved, and occupiers will reconsider the amount of space they need outside of the single market. ‘A fall in the value of sterling, combined with falling property values will be a buy sign for opportunistic overseas investors once the initial correction has occurred. This will cause a widening yield gap as real estate yields rise and bond rates fall from further Bank of England monetary loosening and will make property a favoured asset class in an unpopular investment destination,’ he said. In particular, the vote to leave the EU creates both threats and opportunities for the central London office market, according to his colleague at Knight Frank Patrick Scanlon. ‘Economic uncertainty is rarely a positive for any market, and in the short term we should expect some occupiers to delay committing to new office moves as they take stock of what the new landscape means for their businesses,’ he explained. ‘London represents the largest market for euro-denominated trading, and major banks with euro trading desks in London may find that they need to relocate some of these functions to office markets within the EU. While this does not necessarily mean a wholesale relocation, we should expect some vacant space from banks to come to the market once this restructuring has taken place,’ he said. ‘However, it should be noted that many businesses with a large London presence are focused on markets outside the EU, and the UK’s exit from the Union will have a limited impact on them,’ he pointed out, adding that global operators such as Deutsche Bank, Thomson Reuters, Ashurst, Google and Facebook have made significant long term commitments to London. However, he believes that there is likely to be some release of office space as businesses tighten their belts to weather the period during which trade treaties are being negotiated. ‘Currently availability levels are particularly low and the development pipeline remains fairly limited. The market has capacity to absorb a rise in supply before there is a possibility of a fall in prime headline rents,’ said Scanlon. ‘The impact on the investment market is likely to be less obvious. While the economic uncertainty during our exit negotiations will undoubtedly deter some domestic investors, the relative discount available to purchasers in foreign currencies will attract significant interest. In the medium-term however, Central London commercial property will continue to offer a higher yield than most other asset classes, and may even benefit from the instability in the equity markets,’ he added. Craig Hughes, UK real estate leader at PwC, pointed out that real estate is a capital intensive business and real estate investors do not react well to uncertainty and in recent months that has had an impact on the real estate market. He believes that there are immediate consequences resulting from exiting the EU, but also longer term uncertainties arising from political uncertainty, the timing of the submission of Article 50 and the reaction of European officials and citizens. The decision may create short term volatility but over the long term the UK is set to remain attractive to real estate investors, according to Manish Chande, a senior partner at Clearbell. ‘We saw during the referendum campaign that this created buying opportunities at significant discounts for savvy investors. As the uncertainty gradually lifts and investors are reminded of the strong fundamental factors that make UK real estate attractive, we’d expect real estate activity to pick up,’ he said. It is difficult to forecast

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Will the buy-to-let clamp down cause long-term damage to the housing market?

Buy-to-let investing is going to become much more expensive as a result of a number of tax clampdowns and soon it might be even harder for landlords to get a mortgage in the first place. At the end of March, the Bank of England’s Prudential Regulation Authority proposed new rules to clamp down on buy-to-let mortgages. This action came after concerns that the buy-to-let market is spiraling out of control. Recently, demand for properties from buyers reached its highest level in years. However, these new regulations are likely to prevent one in every five loans that are currently issued. At the moment, most buy-to-let activities don’t need to be formally regulated by the Financial Conduct Authority and lenders typically only compare mortgage repayments against future rental income. On 1st April, a new stamp duty land tax surcharge came into force, also targeting prospective private landlords and adding a massive 3% to the tax bill for those seeking to buy investment homes. Ahead of the 1st April deadline, buy-to-let activity increased significantly, pushing house prices to a record new high in the process. The average UK house price has now exceeded £200,000 for the first time. Will all of this work and why is this action being taken? The government is concerned that first-time buyers are finding it very hard to get onto the property ladder, with private landlords having a competitive advantage. They are all bidding for the same properties, but landlords are able to offset mortgage costs, at a time when rental demand is pushing up potential income. As potential new homeowners are increasingly forced to rent, this raises demand and fuels a vicious cycle. By removing a lot of the tax benefits and hitting landlords with higher initial costs, the government is hoping that this demand will decrease, easing the pressure on prices and allowing first-time buyers the opportunity to get into the housing market. The worry is that this will limit the supply of rental housing in an already squeezed market and that it could add to the financial burden on younger people trying to get on the property ladder, with landlords simply resorting to increasing their rents. We believe that younger buyers may still find themselves in an impossible situation, unable to find a way into the housing market and squeezed out of the increasingly high rental market. There is certainly a problem with house prices in this country, but maybe the only way to fix that is (in an ideal world) to build more homes, ease planning restrictions and restore interest rates back to realistic levels to deal with speculative demand. In the meantime, those landlords who are concerned because their mortgage won’t match up to their rental income should consider putting property guardians into their empty buildings, as this will give them some revenue through the licence fee paid by guardians and will reduce their insurance costs while the building is occupied. Source link

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Shop vacancy rate at lowest level since 2009 – Josh

25 May 2016 | Herpreet Kaur Grewal Britain’s shop vacancy dropped to 12.4 per cent in April – the lowest since December 2009, according to the Local Data Company (LDC) and British Independent Retailers Association (bira). This figure is down -0.6 per cent from April last year. The report revealed that although more than 4,600 shops opened in 2015, more than 5,100 closed; just under 500 units fell empty in 2015, on top of the thousands of others over the past five years. This change was driven by a decrease in the number of units becoming vacant (down 16 per cent from April 2015) along with an above average number of units being removed from the overall stock (+76 per cent, when compared with April 2015). Vacant property management expert Orbis has said that more shops closing than opening for the fifth year running is a serious concern for property managers. Guy Other, CEO at Orbis, said: “While the decrease in the number of shops closing must be seen as a positive, the hundreds of empty units created this year alone will need to be addressed.” Other added: “Vacant units that are not properly secured or managed can become an eyesore in the community, encourage vandalism and other crime, and become unfit for purpose, making them too costly to reopen.” The report has highlighted that already this year has seen a significant number of shop closures with more being announced. Orbis says while it is difficult to say what this means for the future of many retailers, “property managers will need to seriously consider the future of their estates”. The organisation also warned that if more and more properties are going to become void in the next few years, “a security and management solution will need to be put in place to ensure the long term prosperity of high street units”. The LDC retail market trends report summary of 2015 also revealed a number of positives from the data. The number of independent retailers has continued to increase, although at a slower rate than the previous year, and the overall rate of retail closures has dropped by over 50 per cent from 2014.  Source link

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Less Stress and More Success: 3 Reasons You May Need Help Dealing with Work Injuries

Have you suffered an injury or an accident that’s left you clueless? Do you find yourself wondering, feeling lost, and unsure what sort of help you should receive? If you’re unsure if you need assistance with a personal injury, odds are, you likely should reach out for help. If you’ve suffered serious injuries, it’s critical to consult with personal injury attorneys. If you’re looking for a way to ease your mind, help heal your body, and get you back on your feet quicker, then hiring a personal injury or work injury lawyer could be the perfect solution for you! Three Reasons You Should Hire a Personal Injury or Work Injury Lawyer If the stress of your personal or work injury is building on you, causing you additional worry, and is making your healing process even more difficult – don’t fret, there’s something you can do. Overall, personal injury or work injury lawyers are looking to protect your interests and be an advocate for you when you’re dealing with the insurance companies, doctors, and more. So, why hire a personal injury or work injury attorney you ask? We’ve outlined a few reasons below! They Know the Ins and Outs When it comes to filing injury claims there are hundreds of rules and regulations, and more than just the sheer amount of them, they’re all strict and complicated. Personal injury attorneys are experts when it comes to these rules and regulations, like the statute of limitations, complex paperwork, court processes, and all the filing procedures. Your personal injury lawyers can help you understand the procedure and ensure that you won’t lose out on what you’re entitled to due to ignorant errors, loopholes, or technicalities. In the end, you need someone knowledgeable to provide you with the information you need to get the help that you deserve. Not only that but since they know the ins and out of personal injury law, they can help you understand your rights and recommend the legal options that may be available to your situation. They Can Provide Proof and Expertly Evaluate the Damage Lawyers can help you provide proof that your injury wasn’t your fault, so having an experienced and professional attorney is crucial. You need someone who knows the law and someone who can help you expertly evaluate the damage. It’s possible you have injuries you’re unaware of, problems related to your accident that didn’t occur to you, and specific laws regarding pain, suffering, and medical duress that might qualify you for extra medical expenses. However, in order to assess the damages you suffered, you need to gather essential pieces of evidence to establish the liability of the other party. This is where hiring a professional injury lawyer comes to the rescue. Whether you’re entitled to compensation for medical costs, lost wages and earning capacity, pain and suffering, and emotional distress, they can help you get hold of the following proof or evidence: Medical report from the doctor who assessed your work injuries Photographs of the accident scene and the injuries sustained Witness testimonies, if necessary Accident report you filed to the employer As you can see, there are many pieces of evidence that can help establish the liability of the other party. But in the event the negligence of someone else has caused death to your loved one, don’t hesitate to hire a wrongful death lawyer who won’t only gather evidence for you but make sure the party will be held legally accountable for what happened. Peace of Mind is Worth It You’re already going through a tough time – healing, hurting, and trying to sort through all your medical expenses – doesn’t working with a certified expert make sense? Doesn’t finding someone with the knowledge, experience and professionalism make sense? If you’re losing wages, facing bills you can’t afford, and are constantly in pain due to a worksite accident, partnering with someone who can help you regain your strength and finances is crucial. In the end, peace of mind is certainly worth your time, money, and effort. Conclusion Indeed, dealing with personal injuries caused by someone else’s negligent behavior can be a traumatic experience. With the information mentioned above, you have every reason to seek legal help to maximize your financial recovery. So, don’t be afraid to fight for your rights by having a lawyer on your side who can represent you in your legal battle.

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Vivalda Group sets new quality standards with latest cutting technology

Vivalda Group plc, the UK’s largest distributor of high performance facades, has successfully completed an investment project that brings the benefit of digitally-controlled cutting technology to all eight of its locations across the UK and Ireland. As part of its strategy to increase its pioneering offsite fabrication capacity, the £250,000 investment comprises the acquisition of an additional seven beam saws, supplied by Schelling and Mayer, with Magi-Cut computer controls ensuring total accuracy. Minimal wastage through better template design and off-site fabrication are core elements of Vivalda’s added-value offer and this investment will reinforce the company’s leadership position in the high-performance cladding sector. Vivalda’s investment in plant and technology also includes the addition of new dust extraction equipment, fork lift trucks and scissor lifts to each of its operating sites.   Ben Jayes, managing director of Vivalda Group plc, said: “While terms such as construction 4.0, BIM and DfMA are becoming part of the industry’s new vocabulary, accuracy, quality control and offsite fabrication have been part of our DNA for nearly two decades. “This major investment demonstrates Vivalda Group’s core strategy to set new quality standards for the off-site fabrication sector. Contractors and specifiers are demanding total accuracy and zero defects on site. This technology ensures we continue to operate at the highest levels of performance in the industry. “Given the fact that manufacturers are now producing board sizes of up to 5.0m by 3.0m, Vivalda Group has a continuous programme to make sure we have the appropriate cutting technology and logistics in place. Our customers know they can rely on the Vivalda Group to supply their orders on time, accurately cut and knowing each panel will be individually labelled so it can be lifted off the pallet and placed directly on to the wall.” As the UK’s number one supplier of rain screen cladding and facade panels, Vivalda prides itself on offering a genuinely independent service to contractors in support of specifiers and architects. Products supplied by Vivalda include Marley Eternit, Cembrit, Rockpanel, Trespa and Fibre C. Vivalda also owns the PURA Facades brand. VivaIda Group has a turnover in excess of £30m and employs more than 100 people. With a new HQ in Birmingham, the group operates from eight locations across the UK and Ireland. Vivalda was named as one of its ‘1000 Companies to Inspire’ by the London Stock Exchange in 2017

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Challenges and opportunities ahead for hotel conversion businesses, industry event to hear

There are serious challenges ahead to finding suitable properties to convert into much-needed hotels, Ed John, a real estate partner in Shoosmiths’ hotel practice, will tell industry experts at an event hosted by Colliers International in London today. Ed will tell invited guests that due to undersupply of development land, pressures to preserve the character of the local built environment and conserve existing buildings – particularly in urban settings – in some locations the only feasible option is to convert old and sometimes historic buildings, preserving the character of towns, cities and wider communities in the process. “There’s no doubt that the business of converting existing buildings into hotels faces a number of challenges however, with constructive dialogue with local stakeholders, early engagement on design and planning as well as careful consideration of the issues well in advance of implementation, a conversion can yield some tremendous results” he said, ahead of the invitation-only event at Colliers International’s centre in George Street.   “We have seen how some truly iconic buildings can be enhanced and their heritage preserved while at the same time boosting local economies and turning some former eyesores into hotels of which our communities can be proud. You only need to look at buildings like The Ned, the former Midland Bank head office in the City – named after Edward ‘Ned’ Lutyens, or The Dixon, after John Dixon Butler – the architect who originally constructed the building in 1905 as the Tower Bridge Magistrates’ Court and police station to see what can be achieved with imagination – and a lot of hard work.   “This event will be a perfect opportunity for some of the industry’s brightest figures to get together, celebrate its successes but, more importantly, to share ideas for how we can continue to grow in this space and to develop ideas on how to tackle these challenges head-on.” Marc Finney, head of hotels and resorts consulting at Colliers, said: “We are in a window of opportunity right now for hotel development. Three or four years ago, following the financial crash, you could buy an existing hotel for less than the cost of construction – it didn’t make sense.  “Since then, starting in London but spreading quickly to Edinburgh, Manchester and other major markets, we can now see a plethora of UK cities and towns where development profits are available again.  “With the availability of clean sites few and far between in good central locations, there is an obvious spotlight on the opportunities that conversions can bring.” As part of the event, hospitality industry expert Jonathan Langston will be interviewing keynote speaker Dexter Moren, founding director of Dexter Moren Associates, who will be lending his insight on the 25 years of his leading hotel architecture practice. Other speakers include Marc Finney, head of hotels and resorts consulting at Colliers International, Ben Turner, a partner in Shoosmiths LLP’s hotel practice; Paul Cook, head of technology at ISG; Jonathan Manns, head of the UK regeneration team at Colliers; as well as Colliers’ head of UK hotel valuations David Hossack; Ben Godon and Allan Davidson, directors of Colliers’ specialist hospitality asset management practice. Andrew Sangster will moderate a panel with industry experts, which includes Clydesdale and Yorkshire Bank’s head of hotels Shona Pushpaharan, Colliers International’s head of hospitality management Clive Hillier, PPHE director of acquisitions and development Sabina Wyss di Corrado, and Adela Cristea, senior director, head of business development, UK and Ireland at Carlson Rezidor Hotel Group for Radisson.

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UK new home registrations up 6% in 2017, reports NHBC

More than 160,000 new homes were registered to be built in the UK last year, an increase of 6% on 2016, according to NHBC latest new home statistics. 160,606 homes were registered throughout the course of 2017, up from the 152,017 the previous year and the highest since the pre-recession levels of a decade ago. The private sector grew by 3% with 118,825 new homes registered, with the affordable sector increasing by 14% to 41,781 – the highest yearly total for the sector since NHBC electronic records began 30 years ago. New home completions also increased by 4% from 141,685 in 2016 to 147,278 last year. Nine out of 12 UK regions experienced an increase in registrations, with the East Midlands (+19% ;14,481), Wales (+19%; 5,470) and North West (+12%; 16,947) among the areas which saw noticeable growth. Figures for London showed the rate of new homes being registered was slightly up on  2016, with 17,850 units compared to 17,587 the previous year, the first increase year-on-year in the capital since 2014. As the leading warranty and insurance provider for new homes in the UK, NHBC’s registration statistics are a lead indicator of the UK’s new homes market. Commenting on the new home registrations statistics for 2017, NHBC Chief Executive Steve Wood said: “Our figures show the market has delivered strong growth resulting in the highest new home figures for a decade and growth across the majority of the UK, including London for the first time since 2014. “Looking ahead, NHBC will continue to work with the industry to help raise the standards of new homes.  With 6% growth in the quantity of new home registrations, the focus on delivering quality for consumers remains critical.”

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