Global Gen Y survey highlights national differences

by Mark Eltringham • Environment, Knowledge, News, Workplace

Never has a generation of humans been so much talked about as Generation Y. As this millennial army marches into the world’s workplaces and takes the reins of power (or at least control) for the first time, there has been a lot of agonising about how to manage a whole generation of people who are the first to have been nurtured in a digital world. Now a new report from Deloitte into the attitudes of millennials from around the world has confirmed that this is a complex generation of individuals with many universal ideals but with regional characteristics too. More →

January 22, 2013

Europe’s commercial property investors opt for safe cities

by Mark Eltringham • News, Property

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position. More →

January 21, 2013

UK’s Centre for Cities launches Outlook 2013 report

by Mark Eltringham • Knowledge, News, Property, Public Sector

The Centre for Cities has today published the latest issue of its flagship Cities Outlook report in conjunction with the Local Government Association. The report has been published annually since 2008, identifying trends and key economic indicators from the UK’s largest cities. This year’s report is extensive in its coverage of a range of issues but focusses on construction, especially of housing, as an engine of growth. Several towns including Milton Keynes, Brighton and Northampton are singled out for their high levels of private sector investment and employment.

January 9, 2013

All right? Manchester property outperforms other UK regions

by Mark Eltringham • Knowledge, News, Property

The idea that the UK is essentially a closely bound federation of city states, each with their own culture and economy is given added credence by new research from CBRE into regional variations in the commercial property market. London does things its own way, of course, but the top regional city is Manchester – the only one of eight centres that showed any evidence of rental growth during 2012, even though it was a modest increase from £29.50 per sq ft to £30 per sq ft. The full report can be viewed here. More →