TGI Fridays is set to close 35 of its UK branches following a recent rescue deal, despite efforts to save the struggling restaurant chain. The closures come after Hostmore, the former owner of TGI Fridays UK, fell into administration last month. The rescue deal sees Breal Capital and Calveton UK,
USW’s new Chiropractic Clinic, being built on Treforest Campus, has reached a major milestone with the completion of its main structure. Kier Construction, the contractors appointed to build the clinic, and USW hosted a ‘topping out ceremony’ to celebrate the progress of the project, as the building reached its highest
Westminster City Council have appointed award-winning property management agent Rendall & Rittner to manage the first phase of homes being delivered under the ambitious regeneration of the Ebury Bridge estate in Knightsbridge and Belgravia. Comprising 226 homes in the first phase, alongside a business hub, concierge service, and reimagined public
GMI Construction Group is partnering with spatial computing and AI provider SimplyVideo, Leeds Beckett University, and software developer Anglestack as part of a £1m Innovate UK initiative to create an interactive digital platform to access key elements of the complex legislation contained within the new Building Safety Act. The incorporation
Triton Construction has announced significant progress on its £10 million contract to deliver 85,000 sq ft of industrial space at the Evolve development in Melton West, East Yorkshire, for Wykeland Group. The project, part of the Melton West business park, includes the design and construction of seven industrial units, alongside
On 26th September, the Liverpool City Region Sustainable Property Group hosted the second-annual conference, welcoming over 200 attendees to debate the sustainability challenges facing the built environment. Recognised by the UN as part of its Global Goals Week, the ‘Building Sustainable Cities Beyond 2030’ conference brought together industry leaders, innovators
A national construction charity is marking this year’s World Mental Health Day by renewing its efforts to signpost tradespeople and construction workers to places where they can get support for their mental health. This is made all the more important in the wake of the devastating collapse of major construction
AtkinsRéalis, a world-class engineering services and nuclear company with offices around the world, has released its latest Construction Intelligence Report for Q4 2024, which points towards a more stable and productive period for the sector going into 2025. However, it cautions that output may still be limited due to inflationary
Investment in people, encouraging more females into the sector and putting in proactive wellbeing support have all played a role in helping two Tara Group companies make the 2024 UK’s Best Workplaces in Construction, Engineering & Property™ list. Cameron Homes and Keon Homes have both made the prestigious rankings, reaffirming
Students, who are looking for a field with a large spectrum of jobs are recommended to take interest in real estate and property management. A field in property management is best for anyone who is interested in working with people, managing assets, and analysing markets. Students can gain an in-depth
BDC 321 : Oct 2024
TGI Fridays is set to close 35 of its UK branches following a recent rescue deal, despite efforts to save the struggling restaurant chain. The closures come after Hostmore, the former owner of TGI Fridays UK, fell into administration last month. The rescue deal sees Breal Capital and Calveton UK, owners of the D&D London restaurant group, acquiring TGI Fridays UK. While 51 branches will remain open, administrators Teneo have confirmed that 35 restaurants will be shut down immediately as part of the restructuring plan. However, TGI Fridays UK remains hopeful that negotiations with landlords may save some of the closed locations. Julie McEwan, Chief Executive of TGI Fridays UK, expressed optimism for the brand’s future. “TGI Fridays is a much-loved brand with a rich heritage. Today marks the beginning of a positive future for our business, following what has been a very challenging time for the entire casual dining sector,” she said. McEwan also acknowledged the unfortunate impact on the chain’s employees. “We are devastated for our colleagues who will be leaving, and we thank them for their loyalty and contribution. We are doing everything we can to retain as many of our team as possible and to support those affected.” Hostmore’s collapse followed a sharp decline in its share price, which plummeted by over 90% after the company announced it expected to be “wound up” and de-listed following the completion of the restaurant sale. Hostmore had previously agreed to a £177 million deal to acquire its US-based parent company in April. However, the acquisition fell through when the American group lost control of TGIF Funding, the entity holding the franchise agreement royalties. Despite the difficult period, TGI Fridays UK remains confident in its ability to weather the storm, with plans to revitalise the brand and attract both loyal customers and new guests in the months ahead. Building, Design & Construction Magazine | The Choice of Industry Professionals
USW’s new Chiropractic Clinic, being built on Treforest Campus, has reached a major milestone with the completion of its main structure. Kier Construction, the contractors appointed to build the clinic, and USW hosted a ‘topping out ceremony’ to celebrate the progress of the project, as the building reached its highest point. Set to be completed in spring 2025, the clinic will replace the current facility at the William Price Business Park, bringing together all learning, teaching and practical elements on to the same site for the first time since USW’s Master of Chiropractic (MChiro) degree course started in 1997. Designed by a team of architects from Cardiff-based Stride Treglown, the 975 sqm, two-storey building will include 26 treatment rooms, DXA (bone density) and ultrasound scan rooms, a seminar room and support spaces for students and colleagues, among many more facilities. Quantum CLS, a project management and quantity surveying consultancy based in Cardiff, are also working on the project as cost consultants on its commercial matters. Quantum CLS employ several USW graduates who are actively engaged in the build and are providing essential support to the project team. It is being constructed with sustainability at the heart of the design to ensure that the building is as resilient and energy efficient as possible, supporting USW’s goal to becoming carbon neutral by 2040. This includes installing solar panels and developing a Blue / Green roof – a flat roof that stores rainwater and allows it to be dispersed slowly into the drain network, keeping the building cool as well as supporting wildlife. The Clinic building has now been weatherproofed, using a steel framing system and specialist cladding, and its windows have been installed. This will allow Kier to progress with the internal works, including the putting up internal walls, full mechanical and electrical installation and LED lighting. Mark Milton, USW Chief Operating Officer, said: “USW is very proud of this development. Our Chiropractic Clinic is a very successful educational institute, teaching close to 100 students a year the essential skills and knowledge to be a good, caring practitioner. “These students come from around the world to study with us and yet the 25,000 treatments they offer in a year primarily support the local community. The value offered by this new facility will be immeasurable in providing a modern, integrated, fit-for-purpose study environment. Our construction partners, Kier, have been great in the way that they have worked with us in delivering a good build and safely managing a complex site on an active university campus.” Jason Taylor, regional director at Kier Construction Western & Wales, said: “The completion of the main structure marks a significant milestone for this project and is one we are incredibly proud to have reached. We are thrilled to be continuing our relationship with the University of South Wales, having previously delivered the Sport Park in Pontypridd.” Jaren Cervantes, a second year Civil Engineering student at USW, undertook a two-month placement with Kier over the summer, which involved ensuring work was being done safely, on schedule and according to design drawings. As part of this, he completed progress reports on the work by each subcontractor, tracked deliveries, and ensured safety signage and fencing was in place around the site to help prevent accidents. He said: “I thoroughly enjoyed my time with Kier on site. Everyone, from the project team to subcontractors, were very welcoming, helpful and happy to answer my questions. It was very insightful as I was able to watch the building’s progress and gain a deeper understanding of how the construction process works.” The Clinic is expected to welcome new patients from summer 2025 Building, Design & Construction Magazine | The Choice of Industry Professionals
Westminster City Council have appointed award-winning property management agent Rendall & Rittner to manage the first phase of homes being delivered under the ambitious regeneration of the Ebury Bridge estate in Knightsbridge and Belgravia. Comprising 226 homes in the first phase, alongside a business hub, concierge service, and reimagined public realm, Rendall & Rittner was recently appointed to deliver full management and mobilisation services. Developed in collaboration with the existing Ebury Bridge community, the renewal is set to deliver more high-quality affordable housing with a focus on sustainability. In addition to replacement homes for existing tenants, the first phase incorporates market sale, intermediate ownership, and social rent apartments. The first handovers at the development are expected to begin from October 2024. Daniel Steer, Director at Rendall & Rittner comments: “The Ebury Bridge redevelopment has placed resident needs at its heart. We are therefore proud to be able to extend this community focus with our customer-centric approach to property management. We are also delighted to be strengthening our relationship with Westminster City Council and we look forward to welcoming the first residents to Ebury Bridge.” With a portfolio of over 80,000 homes, Rendall & Rittner has cemented itself as one of the nation’s leading property management agents. With over 30 years of experience operating within the industry, Rendall & Rittner has a reputation for driving change and innovation within the sector to enhance the experience of clients, customers, and residents. Find out more about Rendall & Rittner’s London service offering at: https://www.rendallandrittner.co.uk/about-us/our-regions/london/ Building, Design & Construction Magazine | The Choice of Industry Professionals
GMI Construction Group is partnering with spatial computing and AI provider SimplyVideo, Leeds Beckett University, and software developer Anglestack as part of a £1m Innovate UK initiative to create an interactive digital platform to access key elements of the complex legislation contained within the new Building Safety Act. The incorporation of artificial intelligence into the platform ensures relevant safety regulations can be matched directly to specific types and stages of construction projects – ensuring consistent and efficient compliance by all parties involved while at the same time reducing the risk of oversight. Central to the initiative is the support of the “Golden Thread” concept, which provides a clear and complete record-keeping system which meticulously tracks all aspects of a building’s design, construction, and maintenance throughout its entire lifecycle, ensuring transparency and accountability. GMI Construction Group is investing in this project, highlighting its commitment to innovation and safety in the construction sector. Once fully assessed, this solution has the potential to be rolled out industry-wide, revolutionising the way safety compliance is accessed and managed. The project is also funded by Innovate UK, part of UK Research and Innovation (UKRI), the UK’s innovation agency, which drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. The platform will be accessible through a web app, mobile app, and smart glasses for site workers, as well as virtual reality (VR) Meta headsets via Microsoft’s immersive Mesh environment, enabling users to immerse themselves within a digital representation of the construction project. This VR Microsoft Mesh experience will include access to AI providing regulation information, Golden Thread information, and critical safety information, further enhancing understanding and engagement. Covering a wide spectrum of development and construction, including residential, office spaces, major manufacturing and logistics hubs, care homes, and hospitals, the resource could have a profound impact across the construction industry. The Building Safety Act 2022 introduced significant changes to the building control process, focusing on higher-risk structures and enhancing the competence of those overseeing, managing, and executing construction projects. Thomas West, Group Services Director at GMI Construction Group, said: “This collaboration is a game-changer for the business and builds upon the wider digital transformation that has taken place in GMI over recent years. By integrating AI with cutting-edge software solutions, we can provide our employees with immediate access to crucial regulatory information. This will not only streamline the compliance processes but also bring clarity, enhancing understanding and engagement for all those involved.” Alex Deighton, CEO of Leeds-based SimplyVideo, which is involved in the development of AI, smart glasses and VR using Microsoft Mesh, said: “We are combining both AI and spatial computing cutting edge technologies in a truly exciting way, to aid the construction industry in being compliant with the new BSA Regulation. Using AI to search both BSA regulation and Golden Thread information will save hours for construction professionals. Being able to access the AI and information in Smart Glasses and VR will be a gamechanger.” Dr Jamiu A Dauda, a Chartered Building Engineer and Senior Lecturer at Leeds Beckett University, said “The proposed i-GBSM platform will be groundbreaking, representing a pivotal advancement in supporting building safety compliance. By harnessing state-of-the-art technology, we’re empowering stakeholders to navigate complex regulations more effectively, facilitating the comprehensive realisation of the Golden Thread’s advantages across various infrastructure and building.” Omolola Arawomo, Director of Anglestack, said: “At Anglestack, our focus has always been on leveraging advanced software solutions to address the most pressing challenges in the construction industry and beyond. This project represents a significant leap towards ensuring that compliance with the Building Safety Act is not just a regulatory obligation but a streamlined, and intuitive process. By integrating this software with AI-driven insights, we are helping to create a platform that will transform how safety information is accessed, understood, and applied across the entire lifecycle of a building project.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Triton Construction has announced significant progress on its £10 million contract to deliver 85,000 sq ft of industrial space at the Evolve development in Melton West, East Yorkshire, for Wykeland Group. The project, part of the Melton West business park, includes the design and construction of seven industrial units, alongside essential drainage and external works. The site will feature two larger units of 37,000 sq ft and 22,900 sq ft, plus a terrace of five smaller units, each 5,000 sq ft. The steel framework for one of the three main units is nearly complete, with cladding set to begin shortly. Incorporating sustainable features, the Evolve development is equipped with rooftop solar panels, green living walls, and fast electric vehicle charging stations, ensuring the project aligns with modern eco-friendly standards. Paul Clarkson, Managing Director of Triton Construction, shared his enthusiasm for the project: “We’re excited to be working with Wykeland on a development that will create new business opportunities and contribute to the economic growth of the East Riding. Our experience in delivering high-quality commercial developments makes us proud to be a part of the ongoing evolution of Melton West business park.” Looking ahead to 2024, when Triton celebrates its 20th anniversary, Clarkson noted that the Evolve project is a testament to the company’s expertise. “This kind of project demonstrates our capabilities in commercial development, and we’re thrilled to continue our work in the region.” Triton Construction has enjoyed a prosperous 2024, completing notable projects such as SPAR stores in Nafferton and Middlesbrough, as well as St George’s Retail Park in Middleton, Leeds. The firm has also commenced construction on several key developments, including the Cadet Training Centre in Beckingham, Brighouse Market, Barnsley and Preston Youth Zone, and a new teaching block in Huddersfield. Building, Design & Construction Magazine | The Choice of Industry Professionals
On 26th September, the Liverpool City Region Sustainable Property Group hosted the second-annual conference, welcoming over 200 attendees to debate the sustainability challenges facing the built environment. Recognised by the UN as part of its Global Goals Week, the ‘Building Sustainable Cities Beyond 2030’ conference brought together industry leaders, innovators and professionals from across the property and construction sectors. Held in Liverpool’s St Georges Hall, the event facilitated crucial discussions on embedding sustainability in the city region’s property sector, ensuring it plays a central role in driving positive change. Key learnings to emerge were: The importance of engagement with stakeholders emerged as crucial, particularly with the communities impacted; How vital it is to collaborate, sharing best practice, experience and resources, given how common so many of the issues and opportunities are to all businesses, regardless of size, sector or specialism; That we must co-ordinate our efforts if we are to achieve the significant targets that everyone in the room and beyond is committed to. Included in the UN’s calendar of events as world leaders gathered in New York at the United Nations General Assembly, the conference was held as part of Global Goals Week: Liverpool and Liverpool Climate Week to support the only agreed blueprint for the planet – the Sustainable Development Goals (Global Goals). Key topics discussed this year were the significance of heat networks, the need to build sustainable homes and retrofit existing housing cost effectively, the importance of workforce and upskilling, and the necessity for education, with a variety of experts sharing their experience and perspectives. These included Liam Robinson, Leader of Liverpool City Council; Simon Mansfield, Sustainability Manager, Liverpool City Council; Ian Stenton, Head of Estates Sustainability, NHS England; John Moffat, Managing Director, Capital&Centric; Dr Michaela Gkantou, Associate Professor, Liverpool John Moores University; Kane Greenhough, Supply Chain Sustainability Manager, Morgan Sindall Construction; and Harriet Fisher, Sustainability Analyst, Morgan Sindall Construction. Karl Clawley, The Momentum Group’s Associate Director, said: “The recognition of the ‘Building Sustainable Cities Beyond 2030’ conference by the UN as part of its Global Goals Week has given the Liverpool City Region Sustainable Property Group a real boost in achieving our objective of tackling climate change in the region’s property and construction sector. This conference, which was bigger and better than last year, was a key step on that journey, a journey we are all committed to completing.” The Liverpool City Region Sustainable Property Group group aims to create a mutually supportive forum where property, construction and facilities management companies can understand their carbon footprint and design out fossil fuel related impacts to mitigate climate emergency and meet City decarbonisation targets. Headline Sponsors of the conference included The Momentum Group, Morgan Sindall Construction, CIR, The Consortia Group, Fleeetsolve, Steven A Hunt & Associates, Liverpool City Council and 2030hub. Building, Design & Construction Magazine | The Choice of Industry Professionals
A national construction charity is marking this year’s World Mental Health Day by renewing its efforts to signpost tradespeople and construction workers to places where they can get support for their mental health. This is made all the more important in the wake of the devastating collapse of major construction company. The call by the organisers of the Big Brew comes as shockwaves continue to affect the construction industry. Not only has the 2,200-strong workforce made redundant but there has also been a huge knock-on effect throughout the supply chain – with material suppliers and subcontractors being left high and dry. Speaking ahead of the start of the fourth annual Big Brew – a campaign organised by Band of Builders (BoB) – CEO Gavin Crane believes there needs to be greater visibility and accessibility of mental health services and support “now more than ever before” for construction workers and tradespeople. “The Big Brew campaign was conceived to shine a light on the mental health crisis in the construction industry, and to do this it’s timed to coincide with World Mental Health Day each year,” said Gavin. “Construction is a challenging industry at the best of times, but recent events have escalated the mental health crisis to unprecedented levels and providing mental health and support scaffolding for everyone who works in it is needed now more than ever before – as the suicide rate in our industry is estimated to be as high as two people every day. “Research from our Media partner On the Tools has found that 93% of UK tradespeople have experienced mental ill health in some way. The findings also showed that tradespeople are 26% more likely than workers in other industries to experience these challenges and that less than a third (32%) of employed UK tradespeople who have struggled with mental health problems have access to free counselling or helplines from their employers.” Gavin added: “We feel that one way that we can make a positive difference is through the Big Brew – which encourages construction industry workers and tradespeople to come together over a cuppa to support one another and remove the taboo around mental health in the sector. “Inspired by the Macmillan Coffee Morning, the Big Brew offers a simple, familiar way for workers to come together, support each other, and break down the stigma surrounding mental health in the construction industry.” This year’s campaign is shaping up to be the best yet – especially in the builders’ merchant sector, where SIG Roofing and Jewson between them will be hosting Big Brews at more than 170 of their branches right across the UK. And for the second year, a Big Brew will be held by Jewson in conjunction with On the Tools, who will livestream a panel discussion from Jewson Castleford about how to break down the stigma surrounding mental health, with representatives from Jewson, JPS and BoB. The stream will be available on the Jewson Facebook page. The Big Brew campaign has been able to fund a wellbeing service, which supports members of the UK construction sector by providing a free 24-hour counselling service offering support and guidance from a trained counsellor. This can be accessed from https://bandofbuilders.org/pages/wellbeing-support. It’s also funded a 24 hours a day text service (text BOB to 85258) that can be accessed at any time to get help or support. And recently, NHS England teamed up with BoB to promote NHS Talking Therapies. Gavin summed up this year’s Big Brew by praising the commitment of all those who will be hosting events throughout the month. “It’s amazing to see the Big Brew go from strength to strength, with more events being hosted each year,” he said. “And given all that’s gone on recently, the Big Brew is well timed. But it’s important to note that Big Brews can be held at any time of year. For example, our Landscaping Partner Talasey always hosts an event around Blue Monday in January, as it’s supposedly the most depressing day of the year. “As the mental health crisis in construction continues to deepen, now is the time for everyone in the industry—whether you’re a worker, employer, or supporter—to take action. Hosting or attending a Big Brew is a simple but powerful way to make a difference. By coming together over a cuppa, we can break the silence around mental health and offer vital support to those who need it. Get involved today, and let’s work together to ensure that no one in our industry faces these challenges alone.” To get hold of a Big Brew kit, go to https://bandofbuilders.org/pages/the-big-brew Building, Design & Construction Magazine | The Choice of Industry Professionals
AtkinsRéalis, a world-class engineering services and nuclear company with offices around the world, has released its latest Construction Intelligence Report for Q4 2024, which points towards a more stable and productive period for the sector going into 2025. However, it cautions that output may still be limited due to inflationary pressures and delays in planning impacting schemes. Analysis of the sector by the professional services experts suggests there is growing optimism that output and investment will continue to rise in 2025, due to a more construction-friendly government with plans for reform of the planning system and a longer-term strategy for infrastructure driving activity. As a result, AtkinsRéalis has issued its forecast for Tender Price Inflation*, the measure used to demonstrate the trend of contractors’ pricing levels in accepted tenders, which includes allowances for output cost rises caused by materials, plant and labour. Following a lull in costs over the past year, AtkinsRéalis is forecasting a TPI of 3% nationally for the next 12 months (up from 2.25% for 2024), as increased activity will drive up tender prices. Max Wilkes, associate director for AtkinsRéalis’ project and programme services division, said: “The upturn in activity will push tender prices up as consultants and contractors look to secure construction professionals and materials. Suppliers are looking to ramp up production which has been reined back in the last 12 months as we are now witnessing increases in costs after a 12 to 15 month lull. “It is expected that the recovery cycle will be led by private investment which means that viability issues remain key for investment and, as a result, developers are looking for the rent and housing demand to make return worthwhile. “So, our forecast remains positive, it includes for a steady increase in output, along the lines forecast by the industry and accommodating a degree of planning reforms as well as a slight increase in the labour force. “As such, our advice continues to be to avoid additional costs and delays, be sure to provide early and detailed information, with early and good communication through the supply chain to achieve the best results.” The report recognises many of the issues affecting the construction sector currently, particularly in the planning system, where the procurement of more resources will take time. In addition other supply chain constraints through labour shortages and a reduction in suitable contractors will also act as a block on construction output. However, with the Government’s impetus on growth with infrastructure and housing at the heart of its agenda, the report points to the prospect of new opportunities for the sector to counter the current downward pressures. Wilkes adds: “Looking at the bigger picture most analysts agree that wise government investment in improved public services, green industries, energy and infrastructure to increase productivity is needed to sustain growth.” For a copy of the full report, go to: Construction Intelligence Report Q4 2024 – AtkinsRéalis (atkinsrealis.com) Building, Design & Construction Magazine | The Choice of Industry Professionals
Investment in people, encouraging more females into the sector and putting in proactive wellbeing support have all played a role in helping two Tara Group companies make the 2024 UK’s Best Workplaces in Construction, Engineering & Property™ list. Cameron Homes and Keon Homes have both made the prestigious rankings, reaffirming the group-wide commitment to its industry-leading ‘Tara Academy’ and how it strives to creates a positive working environment for its 300 plus staff. The list is created using anonymous feedback from employees and covers flexible working environments and how company culture aligns with trust, pride and camaraderie. Julie Caudle, People and Performance Director at the Tara Group, commented: “While bricks and mortar tend to be our main tools, people will always remain the heartbeat of what we do and that’s why we invest so much in their development and in creating the right conditions for them to grow and prosper. “That’s why we are pleased to see Cameron and Keon both feature in the Best Workplaces ranking, scoring highly in pretty much every category. This is even more impressive when you consider that we don’t influence the scores – this is completely in the hands of our team to give their honest feedback of how they feel working for us.” She continued: “The last twelve months have been very impressive. In addition to the latest list, we have also seen Keon Homes secure the highest placing for a construction company in the UK’s Best Workplaces for Development list and Cameron Homes highly placed in the Best Workplaces for Women.” Getting more females into construction has been a priority for the Tara Group, with new measures in place to work with all girl schools to help them understand the roles within the sector. Sutton Grammar School and Newport Girls High School are the first two to take part, in order to help their pupils explore potential courses and qualifications that can be used to pursue a career in the industry. Working with Instep, the group has also launched its first ever female leadership programme, a programme designed by women from a female perspective. It combines group workshops, peer learning, personalised coaching and guest speakers to harness strengths and equip rising stars with the essential skills and capability they will need to lead in the future. Benedict Gautrey, Managing Director of Great Place To Work® UK, added his support: “The UK’s Best Workplaces focus on ensuring sufficient opportunities for upskilling and reskilling wherever possible – recognising that employee growth spurs organisational growth. “We’ve seen the companies in our UK’s Best Workplaces for Construction, Engineering & Property list proactively introducing development-based investment for their greatest asset, their employees. It’s great to see Keon Homes and Cameron Homes leading from the front.” For further information, please visit www.keonhomes.co.uk or www.cameronhomes.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals
Students, who are looking for a field with a large spectrum of jobs are recommended to take interest in real estate and property management. A field in property management is best for anyone who is interested in working with people, managing assets, and analysing markets. Students can gain an in-depth knowledge of buying, selling, and maintaining property, which offers large opportunities for employment after. We will enlighten you on the basics of real estate and property management and provide a bit more detail about the opportunities for students, and the next step to take a successful career. Real estate deals with buying, selling, leasing, renting, and valuing land and buildings, whereas property management covers a larger spectrum of the real estate field. If writing assignments about real estate seems challenging, best essay writing service providers like Academized can help. They specialise in assisting students with high-quality essays, ensuring you meet deadlines and academic requirements. What is Real Estate? Real estate is to do with having land or buildings bought, sold or leased. In real estate, you will be helping people to find the property they need whether it is a home, office or space for investment. There are a lot of roles in real estate, from being a real estate agent to administrating property and managing commercial developments. The broad range of job roles means that students can concentrate on functions of particular interest to them, working with clients one-to-one or analysing property markets behind the scenes; real estate jobs often carry a flexibility of working hours and location, as well as offering the chance to work across residential, commercial or industrial sectors. What is Property Management? Becoming a property manager involves looking after an investment property, focusing on the day-to-day jobs that the property needs. It’s all about keeping the tenants content, dealing with the maintenance of the property, and ensuring that the property is making money. In order to be a successful property manager, you need to be good with writing and speaking, you need to be a problem solver, and you need to be good at managing your time. Students looking to excel can benefit from the best assignment writing services to handle the workload effectively and improve their skills. A property manager’s role can be diverse; many work for apartment buildings, office spaces, retail complexes and similar locations. Differences Between Real Estate and Property Management It seems like a solid reason to claim that being a real estate agent is the same thing as being a property manager, since both of them ‘do real estate’. But, on the contrary, real estate and property management are separate professional fields. The first helps people find a buyer, willing tenant or lessee for a home, office or any other type of property, and the second makes sure the property of their client will keep making money after the sale is closed. You can ask your real estate agent to manage the property for you, but that’s not their primary job. The following table shows some key differences: Aspect Real Estate Property Management Main Focus Buying, selling, and leasing properties Managing and maintaining properties Interaction with Clients Short-term (during purchase, sale, or lease) Long-term (maintaining tenant relationships) Typical Work Environment Real estate offices, client meetings, on-site On-site at properties, interacting with tenants Skills Required Sales, negotiation, market analysis Problem-solving, communication, organisation Career Growth Often leads to specialisation in sales or investment Can advance to senior management roles Understanding their differences can help you decide between them on the basis of what suits you. Then you’ll be well on your way to being a doctor. Why Choose a Career in Real Estate? Similarly, I suggest a career in real estate, which will give you a lot of flexibility. Besides, you will earn a decent amount of income. Working as a real estate agent can be performed from home, besides I would say that you would have more free time as you will be able to plan your working time by yourself. Also, you will get commission for each property sale that you do, which means that the more expensive the house you sell, the more money you earn. If you see yourself building a career in finance, law, or building, real estate is a great option. Many people find they’re drawn to real estate for we can make a career out of real estate in sales, development or as an adviser, as well as see how people who can network well can really get ahead. Why Choose a Career in Property Management? Being a student, you might like the reasonability, problem-solving and variety of jobs in property management: you’ll deal directly with tenants and owners to run properties smoothly and successfully. Job security in property management is also high; the number of people needing good managers is constant, and highest in large cities and growing areas. If you prefer the controls of working within a corporate or managerial framework, property management could be an excellent fit. There are established obligations: rent collection, arranging repairs, knowledge of and compliance with relevant legislation, and so on. As a property manager, there is a very real and significant – and invaluable – impact you have on the lives of your residents, whether they live or work in the property you manage. Skills Needed in Real Estate and Property Management The roles of real estate and property management are quite different but still there are some skills that overlap. Negotiation and sales skills are very important in the field of real estate . You should know how to understand your client and answer their questions,make a clear communication,and have a good skills of closing deals.Besides,you should be familiar with different market trends and factors that affect house prices.In addition,it is important to have a good knowledge of law since you have to deal with government regulations and local laws. In property management, there will be many competing demands on your time. You will have
