Building society Nationwide has reported that the average UK house price grew by 0.7% in the month of February 2021, resulting in annual growth of 6.9%, which is among the fastest rates seen in the past five years. In contrast, Halifax Bank found that the average UK house price decreased in February compared with the…

Read More

Digital transformation, or digitalisation, as described by the European Commission, is characterised by a fusion of advanced technologies and the integration of physical and digital systems. A recent index devised by McKinsey & Company ranked the construction industry as one of the least digitalised industries, above only agriculture and hunting. However, the industry is now…

Read More

In December 2019, 3D printing company Apis Cor announced that it had completed the world’s largest individual 3D printed building. The office block, built in Dubai, is 9.5 metres in height with a floor area of 640 square metres. Another impressive 3D printed building in Dubai, the ‘office of the future’, is a unique pavilion…

Read More

Big data allows large amounts of data to be processed and stored. This process would be extremely difficult using traditional methods which involved decisions being made based on a combination of intuition and traditional, retrospective data. Today, new variables and technology make it possible to more accurately predict a location’s future risks and opportunities.  …

Read More

In recent weeks, the UK government announced its intention to revise the National Planning Policy Framework (NPPF) and has published a draft national model design code that will play a central role in banishing “ugliness” from future housing developments. This course of action has been set forth in response to the ‘Building Better, Building Beautiful’…

Read More

Swapp, a British-Israeli ‘Contech’ start-up, raised 5.1 million GBP last week in venture capital. ‘Contech’ refers to the technology used in the planning, design and implementation process of large construction projects. Swapp’s offering is based around construction artificial intelligence (AI). Developers upload their plans, before receiving a selection of targeted planning options originating from an…

Read More

In January 2020, Facebook announced plans to hire 1,000 staff to fill its new London headquarters near Oxford Street. By May, Facebook, Twitter and Square had allowed many of their staff to work from home for an indefinite period of time, with Mark Zuckerberg suggesting that within the next ten years, half his company’s workforce…

Read More

This year has seen the UK house price index reach its highest point since 1999. UK house prices increased by 4.7% over the year to September 2020 with the average house price in London now 496,000 GBP. This is primarily due to the stamp duty land tax holiday which provides relief up to a 500,000…

Read More

After the presidential election season, characterised by divergent COVID-19 policy, growing racial turbulence, and a struggling economy, Joe Biden has secured the presidency, removing Donald Trump from office. This result is likely to affect both short- and long-term investment strategy in the Commercial Real Estate (CRE) division, which covers office space, industrial real estate, multi-family…

Read More