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NEWSLETTER | 7 Jan 2021  
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IoT investment can bring post-pandemic prosperity

We start the year with an eye on the future, and specifically, how technology can help commercial real estate (CRE) developers and landlords meet their sustainability goals.

In a guest feature, Richard Morris, Director at technologywithin, suggests  that operators in the CRE sector should think seriously about investing in Internet of Things (IoT) technology to provide a platform for 'post-pandemic prosperity'.

"As targets for net-zero emissions get ever closer, CRE landlords should embrace technology to make their offerings more sustainable – and more appealing to tenants who are increasingly environmentally conscious," says Morris. "By leveraging Internet of Things and cloud storage tech, landlords can provide offices equipped for the pandemic and beyond, optimising energy usage and facilitating other lifestyle changes that benefit the environment.'

We also examine the performance and prospects for residential markets, with high-net-worth mortgage broker Enness Global, and estate agents Barrows and Forrester, Benham and Reeves, and Dexters all in positive mood about the Prime Central London (PCL) sector as well as other high-end international markets. 

Dexters expects PCL resi transactions to double in 2021, while Benham and Reeves is reporting increased demand in all London segments apart from the GBP10 million-plus market. Dubai, Geneva, Berlin, Paris, New York, and Hong Kong meanwhile, have all seen positive pandemic property price growth, according to Emness Global.

"The current pandemic is yet to dent the appetite of high-end, international homebuyers in many flagship markets worldwide," says Enness Global Mortgages MD, Hugh Wade-Jones. "As a result, these go-to destinations of the super-wealthy have continued to register strong property price growth almost across the board, despite the dark clouds of Covid hanging over them."

The UK buy-to-let market may not be in such good shape, though, according to Howsy, with the lettings management platform reporting a 9 per cent drop in demand in Q4 due to the impact of the coronavirus pandemic.

"With landlords already facing a tough time trying to turn a profit as a result of multiple changes to government legislation, it may be some time before the buy-to-let sector recovers from a stock supply point of view,” says Howsy founder and CEO Howsy, Calum Brannan.

Property Funds World

CRE sustainability goals: How investment in technology can help
Tue | 26 Jan 2021, 11:24
By Richard Morris, Director at technologywithin – Cutting-edge technology is no longer simply a nice-to-have for commercial real estate (CRE) offerings. Outlining his Ten Point Plan to deal with climate change, the Prime Minister recently highlighted the role of tech in achieving the UK’s new energy ambitions, and CRE landlords should think seriously about investing in this tech to provide a platform for post-pandemic prosperity.
UK residential property market saw strong growth in 2020
Tue | 26 Jan 2021, 11:24
Despite widespread predictions of a property market crash in 2020, the UK property market defied the odds and the threat of a pandemic to register strong price growth in 2020. 
Prime London market sees demand climb during Q4 as Covid-19 continues to influence buyer location
Tue | 26 Jan 2021, 11:24
The latest research by lettings and estate agent, Benham and Reeves, has revealed which tiers of the high-end London property market are most in demand amongst high-end homebuyers and where they’re looking to buy across the capital.
Dexters expects PCL residential transactions to double in 2021
Tue | 26 Jan 2021, 11:24
London-based independent Chartered Surveyor and Estate Agent, Dexters, expects to see sales and lettings transactions across its Prime Central London (PCL) offices doubling in volume during 2021, with he Boroughs of Camden and Kensington & Chelsea tipped to be the year's star performers. 
International property markets see strong growth despite Covid-19 pandemic
Tue | 26 Jan 2021, 11:24
Research by the world's leading high-net-worth mortgage broker, Enness Global, has revealed which of the world’s high-end property playgrounds has performed best where pandemic house price growth is concerned.
UK residential rental demand drops in Q4 as landlords are hit hard by Covid-19
Tue | 26 Jan 2021, 11:24
The latest Rental Demand Index for Q4 from lettings management platform, Howsy, has revealed that demand for rental homes across the UK’s major cities has dropped -9 per cent since Q3.

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