Planning Insights

Understanding the Manchester Residential Design Quality Guide

Deloitte-uk-manchester-planning

Deloitte Real Estate’s Manchester Planning team has played an integral part in the preparation of the draft Manchester Residential Design Quality Guide and will continue to advise Manchester City Council as the document is developed up to its publication in early 2017.

Continue reading

Posted on 17/11/2016 | 0 Comments

Planning Insights

Broadening the Composition of London’s housing supply

Deloitte-uk-london-housing-supply

I attended the excellent London Planning & Politics conference recently and joined a panel debating the key policy interventions to tackle London's housing crisis. My theme was the need to broaden the composition of housing supply in order to achieve the 50,000 per annum new homes that London needs.

Continue reading

Posted on 07/11/2016 | 0 Comments

Delivering the vision for "A City for all Londoners"

Deloitte-uk-building-blocks

In publishing "A City for all Londoners" the Mayor of London has reaffirmed many of his manifesto pledges (https://www.london.gov.uk/sites/default/files/cfal_oct_2016_fa_rev1.pdf). The document, known in GLA circles as "Towards a London Plan", acts as a prospectus for how to deliver the Mayor's pro-development vision for meeting London's ever growing housing, economic and infrastructure needs, while protecting the things that Londoners value and trying to meet as much of the city's growth demands within London itself.

Continue reading

Posted on 27/10/2016 | 0 Comments

Greater Manchester Spatial Framework – it took a while – but we think it was worth the wait

Deloitte-uk-location

The newly published Greater Manchester Spatial Framework is already making headlines, principally because it suggests making the first substantial changes to the green belt that we have seen in a generation.

Continue reading

Posted on 24/10/2016 | 0 Comments

Millennials, the talent war and real estate

Millenials

One of the largest generations in history is about to move into its prime years. By 2025, they will grow to represent 75% of the workforce. Millennials are poised to redefine the world around them; their perspectives will change the way we buy, sell and carry out business.

Continue reading

Posted on 19/10/2016 | 0 Comments

The Properties of Shakespeare

Deloitte-uk-focus-lights

Rough winds do shake the darling buds of May
And summer’s lease hath all too short a date

Shakespeare seems to have been as familiar with the language of leases as he was with the language of love (and no one before or since has combined this knowledge to such poetic effect).

Continue reading

Posted on 06/09/2016 | 0 Comments

Are you getting Fair Value?

Deloitte-uk-asset

Commissioning and preparing an asset valuation for financial reporting should involve a three way dialogue between the client, valuer & auditor.

Richard Spence, a Director within Deloitte LLP’s Real Estate’s Valuation, Assurance and Professional Advisory Team discusses the plethora of valuation regulations, accounting standards, codes, manuals, and guidelines and the key issues which often arise when an organisation is commissioning or relying on asset valuations for financial reporting purposes.

Continue reading

Posted on 23/08/2016 | 1 Comments

Brexit and the potential impact on construction costs

Deloitte-uk-brexit-compass

Deloitte’s latest CFO survey shows that business confidence has fallen to banking crisis levels in the aftermath of the Brexit vote, but the impact on property markets has not been as drastic. Our current prediction is one in which property and construction activity slow, but not to the extent of the crash witnessed during the global financial crisis. Whilst we are aware of only a handful of major projects being stopped or stalled post-Brexit, it would appear to us that the economic indicators and actions taken by some firms to date show that it is inevitable that the decision to proceed or not on many projects will now be affected by reduced appetitive for capex and heightened risk affecting investors, occupiers and developers. An article in the Financial Times recently suggested a third of commercial deals could be in doubt, which is significant and supports our view.

Continue reading

Posted on 05/08/2016 | 0 Comments

Vacant Building Credit to Return

Deloitte-uk-houses

The Court of Appeal has reversed the decision of the High Court and ruled that the process by which the Secretary of State introduced Vacant Building Credit (‘VBC’) and exempted small sites from affordable housing contributions was not unlawful, rejecting the challenge brought by two local authorities.

Continue reading

Posted on 20/05/2016 | 1 Comments

A dose of reality for London’s new Mayor

A dose of reality for London’s new Mayor

I have to admire the way that Sadiq Khan has plotted his way to be the new Mayor of London. He has seen off a very strong alternative in Tessa Jowell, who many felt was a shoo-in for office. He has also overcome a negative campaign from his main rival Zac Goldsmith.

Continue reading

Posted on 09/05/2016 | 0 Comments