The inaugural ULI Europe Awards for Excellence, which recognize outstanding urban development projects in the Europe, Middle East, and Africa region, honor two projects in the Netherlands and one in South Africa. The jury formally recognized five additional projects with special mentions.
In a new survey conducted by ULI and EY, real estate professionals said that they overwhelmingly expect increased remote working, including more working from home (96 percent), more remote working away from the home (72 percent), and more use of satellite offices at the edge of cities (67 percent).
Multifamily housing experts have seen financial and energy savings, plus improved resident retention, from their efforts in sustainability, health, and reduced energy use.
Marnix Galle, executive chairman of Belgian developer Immobel, has been appointed ULI Europe Chairman, serving on a voluntary basis for a two-year term starting on July 1, 2020, and will join the ULI Global Board of Directors. He succeeds outgoing Europe Chairman Juergen Fenk, member of the executive board, SIGNA Holding GmbH.
A team from Politecnico di Milano has been revealed as the inaugural winners of a pan-European virtual real estate competition for university students and will receive a one-year ULI membership and fast track to Hines’s internship program.
A new update from ULI to the Reshaping Retailreport, which was published earlier this year prior to the coronavirus pandemic taking hold across Europe, forecasts that the impact of COVID-19 will accelerate the restructuring of the retail property sector, particularly in the United Kingdom. The need for stable cash flows has been identified as the main overall trigger point needed to spur the investment market.
An international study assesses and compares 21 leading global business districts, confirming that business districts in western Europe and North America continue to lead the way amid fierce competition from Asian business districts, but all will need to adapt for the future in response to the COVID-19 crisis. Business districts in Tokyo, Seoul, Singapore, and Beijing all ranked in the top 10 in this year’s study.
ULI has announced 10 finalists in the inaugural 2020 ULI Europe Awards for Excellence, a regional extension of the ULI Global Awards for Excellence dating back to 1979, for projects that exemplify best land use practices from across the Europe, Middle East, and Africa region.
Renowned real estate entrepreneur Wolfgang Egger, who founded PATRIZIA AG over 35 years ago, has won the 2020 ULI European Leader Award. Rising star Hala El Akl, a director at PLP Architecture, was named the ULI European Talent Award winner in the ULI European Leadership Awards. The awards recognize industry leaders in Europe whose contributions to urban development and real estate, along with civic and social endeavors, exemplify the spirit and mission of ULI.
