Hugo Llewelyn is managing director of Newcore Capital
Property has had a largely dismal time in the past 18 months. Some of the UK’s biggest REITs reported £7bn of losses for the year to 31 March, several open-ended funds threw in the towel and there was the realisation that government was on the side of the tenant, not ...
Getting the UK property industry to deliver and measure true social impact, as a cogent part of their wider stakeholder strategies, is proving much more difficult than Property Week and Newcore had envisaged when we launched the Pro Bono Challenge at RESI last September.
In the last tech boom of 1998-2000, UK property investment went out of vogue as investors flooded to risky but novel technology and internet companies, many of which had strategies that were hard to understand.
Recent events have provided further evidence of the ideological and socio-economic divide that exists today in the UK.
With investment in alternatives on the rise, there are opportunities across all elements of the risk spectrum.
An analogy of film, The Matrix, makes a good point on investment, according to Hugo Llewelyn.