| Real estate sector considers life after lockdown We have lots of coronavirus-related property news again this week as the real estate sector begins to look at how social distancing measures will be part of the new normal in life after lockdown. Residential property investment company GRE assets is convinced that partnerships with local authorities will be key to a real estate rebound, while new research from Kames Capital looks at whether there will be a long-term shift, post-pandemic, to working from home and more flexible working patterns in general, and how this will impact the traditional office market. The flexible office space sector could be one of the winners from any longer-term move away from traditional office lettings, with a new survey by Workthere revealing that almost two-thirds of providers are upbeat about the next 12 months. North American operators are the most optimistic, followed by their counterparts in Europe and Asia. Well Living Lab, Delos, Cushman & Wakefield and Hines meanwhile, are teaming up to develop new protocols for maintaining physical distancing policies and other concepts aimed at facilitating a return to office working. The study will also look at the future design and operation of workspaces to help prevent the spread of respiratory viruses. And sticking with the theme of health and wellbeing, we have news of two London ‘green’ developments, Pembroke’s project at 25 Cannon Street in the City of London, which includes a reflection pool with views of St Paul’s Cathedral, and Reef Group’s plans for a subterranean, mixed-used development beneath Cavendish Square Gardens in the heart of London’s West End. Property Funds World
| | | Will #WFH become the new norm post lockdown | Thu | 30 Apr 2020, 13:57 | As the Covid-19 lockdown continues in some form across much of western Europe and the United States the majority of office dwellers are now working from home (#WFH), but will this prevail as the new norm once the pandemic is over, and what are the implications for the commercial property market asks Kames Capital’s Richard Peacock? |
| | | | | | | | Pembroke secures consent for 25 Cannon Street project | Thu | 30 Apr 2020, 13:57 | Pembroke has won planning consent for a major project focused on health and wellbeing in the heart of London’s Square Mile, which will see it re-design the public gardens at 25 Cannon Street by creating a stunning new reflection pool with views of St Paul’s Cathedral. |
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