What’s in store for 2019?
2018 was a mixed year for property, there was the scandal of the President’s Club in February and as a result a subdued MIPIM, the Carillion fall out shook the industry as well as the continuing chaos around the Brexit negotiations and stability of government causing uncertainty. However, despite this – the market remained strong, with a bumper year of investment into logistics, continued record levels of foreign investment into commercial property and a host of new developments planned.
But what do we have in store for this year?
Well, a no-deal Brexit is looking increasingly likely and with this comes vast uncertainty – on funding, workforce and materials, and occupiers of all kinds.
MIPIM 2019 – taking place just a couple of weeks before the current Brexit deadline of 29th March (although this is uncertain following Theresa May’s deal defeat at the time of writing), Europe’s largest property conference will be an ideal place to understand the market’s feelings before we exit the EU and we begin to feel the effects of change. Make sure to keep up to date with our blog: Maximising MIPIM – which has all the best tips and updates on how to navigate Cannes including our Go Dutch event.
Co-working – with WeWork’s loss of funding reported this week is this the beginning of their decline after a seemingly nonstop takeover of the London office market so far?
Wellness – the trend remains at the forefront of occupier trends, with WELL Version 2 now in the pipeline it remains an exciting and developing initiative.
Retail – 2019 has continued so far as we ended 2018, with some dismal high street news – how will the government and industry tackle this ongoing issue this year? How will our town centres and streets be revitalised? There are some exciting and innovative ideas from across the industry that could create new sustainable and attractive places.
At Holistic, we are continuing to work with clients across the built environment in all sectors to support their strategic goals as a business and enhance their reputation and are looking forward to an exciting year ahead!
By Natalie Cush, Senior Account Manager