All articles by Lem Bingley
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NewsPM stumbles in Zahawi zone
If any of us wondered what kind of leadership the UK might get from prime minister Rishi Sunak, we now have a clear indicator courtesy of the tax troubles of Conservative party chair Nadhim Zahawi. The leadership we are getting is not what we need.
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Insight
What lies ahead for housing?
This week has served up plenty of food for thought on housebuilding, and a dog’s breakfast of industry reactions that run from bleak pessimism to blithe optimism.
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Insight
Back to the office?
On 19 January last year, the government withdrew its Covid guidance suggesting people in England should work from home. The pace and scale of the resulting return to work naturally became a topic of great interest and no little anxiety throughout the subsequent 12 months.
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News
Warehousing and livestock land are investment opportunities, says Savills
Next year could offer an investment “opportunity of a generation”, but only in selected property sectors as the long post-global financial crash cycle has come to an end, according to Savills.
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News
London Mayor appoints new OPDC board and planning committee members
Mayor of London Sadiq Khan has appointed one new board member and two new planning committee members to the Old Oak and Park Royal Development Corporation (OPDC).
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Insight
Tales of the unexpected
Five housing ministers, four chancellors of the exchequer, three prime ministers, two different monarchs and a partridge in a pear tree. Season’s greetings at the end of a very difficult year.
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News
Cadillac Fairview takes 25% stake in Stanhope
Canadian investor Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, has acquired a 25% stake in UK developer and asset manager Stanhope.
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Insight
Small details, big gains
A couple of weeks ago I visited Brent Cross Town, a 180-acre, £7bn new neighbourhood for north-west London being co-developed by Related Argent and Barnet Council. Plans are advanced but work is still at an early stage.
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Insight
Be brave, be sustainable: interview with Lucy Townsend, head of sustainability at BDP
To make progress towards net zero targets, the property sector needs to explore new solutions to seemingly intractable problems, Lucy Townsend, head of sustainability at architecture practice BDP, tells Lem Bingley.
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Insight
The £500bn portfolio plan
Selling off £1.5bn of publicly owned buildings by 2025 is just one small aspect of a much larger task involving a vast portfolio of assets, as government chief property officer Mark Chivers explains to Property Week.
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News
Postmodern planning reform
This week we hear from Hashi Mohamed, who is one of those remarkable people who runs the risk of making almost everyone else feel like a lazy failure. He is not only an accomplished barrister, broadcaster and author but also a former refugee, underscoring the extent to which he has ...
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Online
Unhelpful history lessons
As is widely recognised, history repeats itself. Unhelpfully, it does so in a jumbled kaleidoscope of random repetition that makes it hard to apply the lessons learned.
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Insight
The Climate Crusade: big interview with Grosvenor Property's James Raynor
Grosvenor Property UK chief executive James Raynor warns that short-term, cyclical upheavals should not mean we abandon long-term thinking about sustainability.
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Insight
Office of the future? On your bike
Last month I toured the almost complete JJ Mack Building in Farringdon, guided by Gerald Kaye, chief executive of its developer, Helical.
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News
The regeneration game
This week saw the dramatic return of a face we thought we’d seen the last of. Alas I am not talking about the nostalgic return of David Tennant to the role of Doctor Who, after a gap of more than 12 years.
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News
Burning questions on rates
The response from shadow chancellor Rachel Reeves, after new chancellor Jeremy Hunt gave his “economic update” to the Commons on Monday, perfectly captured the calamity created by September’s mini-Budget.
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News
The dicey business of pricing
Arriving at a fair value for an asset is a tricky business at the best of times, doubly so in a period of high inflation, rising interest rates and exchange-rate volatility. Agreeing a transaction or indeed estimating what’s required to turn a profit has become markedly more challenging than at ...
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News
Investors unshaken by mini-Budget turmoil at Savills sale
Auction house says £36m raised at 4 October sale, up 10% year on year, shows strength of investor demand.
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Online
Share your views in the 2022 Property Week logistics census
Owners and occupiers in the industrial and logistics sector face many challenges as they plan ahead for 2023, with rising inflation, interest rate hikes and the weakness of the pound adding to a long list of existing issues including planning, land availability and environmental regulation.
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Insight
Best to gather data before gambling
In 2018 I heard a keynote speech by Ian Robertson, former board member of automotive giant BMW Group. He made a point that has stayed with me ever since.
