Smart and Sustainable Future Series - Building a Smarter Future

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A revolution is coming, and our cities are changing. Following on from the previous post in our Smart and Sustainable Future Series on a Net Zero Future, there is an increasing focus on developing smart and sustainable real estate and infrastructure among governments, corporates and households alike. In this post we’ll take a look at some new materials and construction methods, smart solutions to the increase in demand on the electricity grid, as well as connected devices, the Future of Mobility and what a smart city of the future might look like.

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Posted on 21/04/2020 | 0 Comments

Smart and Sustainable Future Series - Building towards Net Zero

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At the start of a new decade, climate change, sustainability and the environment are climbing higher and higher on the agenda of governments, corporates and households alike. The science is now showing with alarming clarity that decisive action needs to be taken soon to avoid catastrophic and irreversible changes to the world around us. From the Australian bushfires to Greta Thunberg becoming Time Magazine’s Person of the Year in 2019 and a household name, there has never been a bigger focus on these issues. In this first post in our Smart and Sustainable Future Series, we’ll look at emissions targets over the next 30 years, how real estate can step up to these challenges, how energy infrastructure will need to change and how modelling can help break down the change.

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Posted on 16/04/2020 | 0 Comments

Navigating supplier risk

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The recent failure of one of the largest FM providers in the market has generated significant concern for customers who procure FM services. Though there has been no subsequent collapse of another major provider to date, the prevailing business and industry market conditions create ongoing operational risks for suppliers and risks to service delivery for customers. The following short form paper describes some of the challenges faced by FM providers and, importantly, the practical steps that customers can implement to mitigate risks to service delivery.

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Posted on 23/01/2020 | 0 Comments

What’s that cracking noise…?

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Time to put landlords and tenants on the same side

Since the demise of Woolworths, I have spent much of my career at Deloitte reviewing the store portfolios of distressed retailers. Acting for administrators I have been both a landlord and a tenant; elsewhere in my career I have represented occupiers and managed retail portfolios for investors. I have experienced the landlord and tenant relationship from all angles, and it’s a relationship which is under strain like never before.

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Posted on 25/12/2019 | 0 Comments

Diversity in the workplace

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At Deloitte we promote all aspects of diversity, and aspire to grow a work environment that is truly inclusive and reflective of our broader society. In support of this working goal, Maggie and Christy from the London Planning team talk about their roles in championing Black, Asian and Minority Ethnic (BAME) representation across the wider Financial Advisory service line and Real Estate business unit respectively.

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Posted on 16/12/2019 | 0 Comments

The housing sector is huffing and puffing to increase productivity

Rent

We all remember the tale of ‘The Three Little Pigs’. The Big Bad Wolf blows down the first two pigs' houses, made of straw and sticks respectively, but is unable to destroy the third pig's house, made of bricks. The moral of the story is that hard work, dedication, bricks and mortar for homes pay off; that whilst the first two pigs quickly built homes and had more free time to play, the third pig laboured in the construction of the house of bricks, with the hope that the structure will eventually lead to the most favourable outcomes. However, perhaps this story doesn’t hold true in today’s world?

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Posted on 21/11/2019 | 0 Comments

Have the worsening market conditions finally started to take a toll on London's office construction levels?

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Lowest volume of new starts in over five years
Following the three year high in construction starts reported in our summer survey (October 2018 – March 2019), we saw a 49% drop in volume in this survey. At 1.8 million sq ft recorded between April and September, the volume of new starts falls almost 15% short of the long term average and is also the lowest since our summer 2014 figures.

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Posted on 20/11/2019 | 0 Comments

Offshore Windfarms: Trends and levers for strong performance

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With the announcement of the latest Contracts for Difference Allocation Round 3 results to offshore wind projects, we thought it timely to address the emerging trends surrounding this asset class.

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Posted on 25/09/2019 | 0 Comments

The Northern Powerhouse and the value of Construction

Construction in the North – a wealth of opportunities

Construction

The UK construction industry accounts for approximately 6% of the economy and has been a consistent source of growth over the last 50 years1. Last month, Dr Claire Handby, a Director in Deloitte’s Real Estate Consulting team, gave a speech at a Chartered Institute of Building (Women in Property) event, and spoke about the value of construction, particularly in the North of England. The construction industry provides employment for over 2 million people in the UK, over half a million in the North of England, and has experienced a 4% growth since 20072.

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Posted on 10/06/2019 | 0 Comments

The great density debate – London housing

London’s new look density policy is dividing opinion

By Richard Katz, Deloitte Real Estate

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The ‘Draft London Plan Examination in Public’ (EiP) is now in full swing, having already examined key policy topics such as good growth, strategic regeneration, housing supply and housing strategy. The hearing on 05 March 2019 saw the issue of density take centre stage, with draft Policy D6 – Optimising Housing Potential under the spotlight.

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Posted on 11/03/2019 | 0 Comments

A robust 2018 for Belfast construction – can it continue?

By Colin Mounstephen, Deloitte NI

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The third annual Belfast Crane Survey produced by Deloitte Real Estate highlights another healthy year for our city, with 35 schemes either completed or under construction through 2018. This compares with 30 schemes under construction or completed in the 2017 survey.

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Posted on 07/03/2019 | 0 Comments