Alastair Stewart

Alastair Stewart

Alastair Stewar has almost 30 years experience of the construction industry as equities analyst, journalist and columnist. He writes a monthly column on the residential market for Property Week and sits on the housebuilding panel of the Experian Construction Forecasting Committee.

 

 

 

  • McCarthy&Stone Retirement home PW120419_
    Insight

    Corporate bids back in housing

    2020-11-12T00:00:00

    You wait years for corporate bids in the housing sector and then at least three come along at once. Could it be the late noughties all over again?

  • Alone in office
    Insight

    Office life needs a radical rethink

    2020-10-15T00:00:00

    I recently spent the two least productive days since the start of lockdown. I went back to the office.

  • Farrow & Ball
    Insight

    Will the housing recovery last?

    2020-09-10T00:00:00

    You know the housing market’s on the up when queues form outside posh paint purveyor Farrow & Ball.

  • Persimmon show homes
    News

    The winds of change are blowing

    2020-08-06T00:00:00

    Persimmon, the UK’s most valuable housebuilder, has long been a hit with shareholders but anathema to politicians, journalists and rivals – who have portrayed the York-based group as synonymous with executive excess, shoddy workmanship and corporate arrogance.

  • Kidbrooke Village, Greenwich
    Insight

    How Tony Pidgley built London

    2020-07-09T00:00:00

    Berkeley Group founder Tony Pidgley was, along with Sir Lawrie Barratt, one of the two giants of modern housebuilding – an industry they both, in differing ways, were largely responsible for fashioning.

  • Housing estate being built
    Insight

    Is the PM going to call in the cavalry?

    2020-06-11T00:00:00

    What does Taylor Wimpey CEO Pete Redfern know that the rest of the embattled housebuilding sector doesn’t? The UK’s second-biggest developer is back in the land market. Could it have had the heads-up that Boris is about to call in the cavalry?

  • For sale signs_credit_shutterstock_Willy Barton_1309929943
    Insight

    Light at the end of the tunnel

    2020-05-14T00:00:00

    We’ll build again. But, even after the PM’s exhortation for construction workers to be “actively encouraged” back to site, it’s not entirely clear where or when. One thing’s clear, though: nothing will ever be quite the same in property.

  • Empty construction site
    Insight

    The cash preservation society

    2020-04-02T00:00:00

    “Cash is king.” Never has that well-worn business maxim been more imperative than now, as the country locks down in response to the global coronavirus pandemic.

  • Houses being built
    Insight

    So much for the brighter outlook

    2020-03-18T00:00:00

    Just when things were looking up, along came a global pandemic.

  • Estate agent window
    Insight

    London estate agents make hay

    2020-02-13T00:00:00

    “We’re now going to sealed bids on houses that we couldn’t get a single viewing for a few months ago.” This view from a south London estate agent is no flash in the pan. After many months in the deep freeze, the capital’s housing market seems to have thawed.

  • Boris in hard hat
    Insight

    Boris has redrawn property map

    2020-01-17T00:00:00

    Boris Johnson’s election victory was as much of a landslide in tectonic terms as political. Britain’s regional red and blue plates have not so much slid as flipped and the aftershocks could reverberate across the property market for years to come.

  • Modular home
    News

    Can we crack modular housing?

    2019-11-29T00:00:00

    For decades, modular housing has been the sector’s equivalent of nuclear fusion: the imagined fount of limitless supply has always been just over the horizon… but never quite within reach.

  • Construction of houses
    Insight

    Brexit chaos hits housebuilders

    2019-11-01T00:00:00

    The Muppets, sorry, members of parliament have connived against leaving the EU by today and the chaos our self-serving representatives have visited upon the land is already evident in a slew of profit warnings from some of the housing sector’s hitherto most dependable operators.

  • Brexit chess pieces
    Insight

    Call time on our Brexit purgatory

    2019-09-25T22:00:00

    “JUST GET ****ING ON WITH IT!” Not the war cry of a hardline Brexiteer, but the plaintive refrain (give or take the adverb) from some dozen property people I’ve chatted to over the past month or so – all of whom voted remain, but now long to get on with ...

  • Closed down shop
    Insight

    CPOs: a four-point mini manifesto

    2019-08-29T23:00:00

    Compulsory purchase orders are “as close as the property industry gets to an authoritarian state”, according to a widely respected contact in the residential sector, who is no stranger to CPOs. My view: they should be used sparingly. But they should be used.

  • Kier
    Insight

    Kier should look back not forward

    2019-06-27T23:00:00

    Kier doesn’t need ‘Future Proofing’ (the title given to its largely ineffectual turnaround programme). It needs past-proofing, or at least recent-past-proofing.

  • Purplebricks
    Insight

    Out with the new, in with the old

    2019-05-29T23:00:00

    Purplebricks, the “world-leading hybrid estate agency” has, it admitted on 7 May, “made sub-optimal decisions in allocating capital”. That’s the best euphemism I’ve seen for “lost money”.

  • London white Edwardian houses
    Insight

    Resi volumes pick up in London

    2019-05-02T23:00:00

    Whisper it, but something seems to be stirring in the hitherto moribund London residential market. People have stopped fretting about Brexit and started buying and selling houses again.

  • London houses
    Insight

    Death of cul-de-sac exaggerated

    2019-03-01T00:00:00

    Typical blooming architect! Fellow PW columnist Jo Cowen recently heralded the “death of the cul-de-sac” in a tirade against housebuilders. Well I live in one and I reckon society would benefit from more culs-de-sac and less architectural hauteur.

  • Corbyn
    Insight

    Brexit isn’t the real market threat

    2019-01-31T05:43:00

    2019: it’s the year of living dangerously, not least for forecasters. I aimed to do a ‘year ahead’ piece in January, but the politicians kept moving the goalposts. Forget trying to predict how the year will unfold; writing even a week ahead of publication threatens serious pratfalls.

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