What’s in a name? New insights on the creation of the Private Rented Communities asset class

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We have had very good and interesting feedback on our recent Building Private Rented Communities (PRC) paper from February 2014. One of the more frequent questions I have been asked is on the rationale behind the new PRC terminology that we are actively encouraging in the market to replace Build-to- Rent. First and foremost, PRCs better reflect the […]

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Bubble Talk in the Housing Market

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The words ‘bubble’ and ‘housing market’ are enough to make many people pretty uncomfortable, especially with the global financial crisis still fresh in many minds and the UK economy having just begun a slow and gradual recovery. The housing market is showing relatively strong signs of improvement, with house prices recording growth of 0.8% in England […]

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Why does Affordable Housing matter?

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Across the MENA region there is a serious undersupply of affordable housing, which is recognised as one of the underlying causes of the recent social unrest. The need to provide more affordable housing represents one of the most important challenges for governments but also an excellent opportunity for real estate developers and investors. However, developing […]

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Arab Spring fails to provide major bounce in Dubai real estate market

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The social and political turmoil that has swept through the MENA region over the past 6 months (the Arab Spring) has had a positive but muted impact upon the Dubai real estate market. While increasing demand in some sectors of this traditional ‘safe haven’ this has been insufficient to offset the impact of the Emirates […]

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You can tell it must be Christmas time…

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  Did Santa Claus visit the House of Commons early?  What a gift the Communities secretary delivered for local authorities this week, “a new era of people power”, “overturning decades of central government control”, and the ability to “set up banks, develop property, run new services and own assets”… he could have finished his speech […]

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Come on Bank, Let’s Make Friends and Start Again

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Remember the ‘golden days’ of bank lending? Debt was at record levels and UK and Irish banks provided 70% of the total supply of debt. Banks were the close friends of real estate and lending volumes increased exponentially between the early 1980s and the mid-2000s. However, as the economy began to falter so did the […]

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Confused? The Economic Outlook Is

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I have had to pull my thoughts on the economy together this week as I took the podium at yesterday’s ‘First of the Month’. For those not in the know, this is an hour’s slot where our business teams run through the UK property markets, providing their up-to-the-hour view on rents and yields. For me, […]

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Who Should be Digging the UK out of Housing’s Affordability Hole?

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With the cost of owning a home in the UK prohibiting many people from ever becoming owner-occupiers I would like to kick-off the following discussion: should the national government be assuming more responsibility for housing supply, and therefore, pricing dynamics across the UK?  Socially, economically and morally I see an argument for the government stepping […]

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