Eight leading names from across the property sector including Jonathan Goldstein (Cain International), Keith Breslauer (Patron Capital), Ami Kotecha (AMRO Living) and Scott Tyler (Allsop) talk about their highs and lows of the past year and preview what will be big news in 2019.
Chief Executive, Ashby Capital
My hope is that London’s inherent strength as the most relevant labour market – in or out of – Europe will continue to make it a place for business to locate and prosper.
I also hope for less negativity around retail. Online Shopping will continue to change this sector. Retailers need to keep adapting and there are assets that need repositioning, but it’s an opportunity- physical retail is not dead. People will continue to visit well-managed, convenient destinations that are efficient and affordable for retailers, and we plan to increase our exposure to this sector.
We expect low supply and good levels of demand for high-quality office buildings to continue, with today’s occupiers increasingly prioritising amenities, community and service alongside location, design and finish.
We are committed to increasing our investment in London and look forward to an exciting year, starting with the completion of our One Bartholomew scheme.
Resolution: In the immortal words of Dad’s Army’s Lane Corporal Jones: “Don’t panic Mr Mainwaring!” There will be turbulence, but the key will be to maintain perspective. The Volatility will present some interesting opportunities and we are well placed to take advantage.