All articles by Peter Bill

  • shutterstock_2137839767_cred Dontree_M

    Carbon counting will barely count


    Toward the end of an absorbing performance of the play Frank and Percy, Percy (played by Ian McKellen) admits to Frank (Roger Allam) he is being shunned by his academic peers for daring to suggest fighting climate change is hopeless. Frank, newly widowed, and Percy, newly single, edge into a ...

  • Peter Bill

    Two worlds are starting to turn


    Planet property: Peter Bill considers the performance of femail asset managers and shares his thoughts on Comer v Greenwich.

  • Keir Starmer meeting voters shutterstock_1574272258 ComposedPix

    Peter Bill on how home goals bring Labour pains


    If Labour wins power next year and can re-tool the compulsory purchase order regime to permit the purchase of tens of thousands of acres of land at existing use value then, yes, it’s possible a start on heralded ‘nationally significant developments’ will be made by the end of its first ...

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    The good ship RICS isn’t about to sink


    “There is no such thing as the BBC,” wrote Times columnist Matthew Parris a fair while back, defending ‘Auntie’ from periodic attack. A reminder to those who periodically assault RICS. There’s no corporeal substance into which a knife can be plunged, just a bodiless spirit.

  • BT buidling St Pauls

    Confusing desire with demand


    ‘Supply and demand’ definition: the relationship between the quantity of a commodity producers wish to sell at various prices and the quantity that consumers wish to buy.

  • Peter Bill

    Peter Bill on the property industry’s nervousness and optimism


    Last Thursday lunchtime in the City, Montagu Evans managing partner Rob Bower summed up the mood of the sector as “jittery”. There is reassurance at the mending economic outlook, but jumpiness each time higher-priced money causes a financial fuse to blow, resulting in yet another repossession in a market hardwired ...

  • shutterstock_2295420465_cred Andy.LIU

    French connection, UK ambitions


    When it comes to British commercial property, folk don’t come earlier educated than Phillippa Prongué. ‘Pip’, to friends, is as English as a Barbour jacket and Hunter wellies. The surname? Pip’s husband is French.

  • CGI image of Waitrose development scheme in Ealing

    Over-store homes risk JLP’s soul


    Cleverness is one thing; common sense another. Watching chair Dame Sharon White impair the John Lewis brands is saddening. 

  • Houses on estate_shutterstock_1127569850_cred Tom Gowanlock PW140918 copy

    Peter Bill on planner gains and competition authority pain


    Should planning consultants get overage? An essentially moral question, one which came up when confronted with the slightly shocking news two weeks ago that a few in the profession are so confident in their warm relationship with Local Planning Authority officers that they boast of being able to get more ...

  • The agent illo

    Peter Bill on artificial certitude, real estate certainty


    Last week, Microsoft founder Bill Gates suggested the coming of artificial intelligence (AI) was “every bit as important as the PC and the internet”. So I decided to put the much-touted AI app Chat Generative Pre-trained Transformer (ChatGPT) to the test.

  • Canary Wharf

    New flight path for Canary Wharf


    Tom Venner’s first public statement since joining Canary Wharf Group (CWG) as development director last July offers one clue about his main task. The job in question being to draw up a new masterplan covering the 130-acre estate. 

  • Offices

    Zombie offices are a scary prospect


    Part two of a potted history of property. Penned to give a sense of perspective of what might be coming, given a downturn. Last month told of redundancy fears among agents. This month mulls the future for office values, given profound changes in demand. 

  • PW111122_moon dark side_shutterstock_604093850_cred Dotted Yeti

    Glimpsing the moon’s dark side


    A potted history to give a sense of perspective of what might be coming: between mid-2007 and mid-2010, the top UK commercial agents shed 3,300 fee-earning staff, a decrease of around 20% during the deepest recession since the 1930s. Capital values fell by 24% between July 2007 and September 2008. ...

  • Kwasi Kwarteng shutterstock_2205478669 Fred Duval PW300922

    Time to keep calm and carry on


    “When you’re feeling in the dumps/Don’t be silly chumps/Just purse your lips and whistle, that’s the thing, and…/Always Look on the bright side of life.” 

  • Simon Clarke shutterstock_2199379329 Clicksbox PW160922

    New minister faces a hard road


    It feels like a time for reflection. I’ll draw a curtain over my gauche joke when confronted by the Queen as she visited the RICS headquarters in 1999 to celebrate the centenary of its George Street home. Let’s stick to political thoughts, given that a new administration is finding its ...

  • Google Palace

    Mighty monument to passing era


    In late May, it took half an hour to half-circle the unfinished 330m-long Google Plex at King’s Cross, including stops to gawk and wonder if this skinny, 11-storey landscraper will one day become an object of Ozymandian curiosity. Maybe a stop on the tourist trail? 

  • PIC A View from garden terrace

    South Bank showdown


    Last month, Michael Gove deployed his Section 31 powers again – this time to stop the demolition of the ITV Studios on the South Bank. His actions have threatened to chill relations with the property industry and heated up the debate on what counts as carbon-saving development. Peter Bill reports

  • Offices_credit_shutterstock_Eleanor McMillan_1663884736

    Offices: abandon hope values


    Abandon hope value, all ye who seek to double or treble the size of your office block.

  • Michael Gove

    Beware of Mike the Merciless


    Mike the Merciless has been in action again. Last month, Michael Gove stun-gunned housebuilders into shelling out for cladding repairs. 

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    Time to un-trap blighted blocks


    It may seem churlish to ask Michael Gove to execute two further initiatives in favour of leaseholders trapped in blighted blocks. After all, look below at what the housing secretary has accomplished this month.