Lucy Scott

Lucy Scott is deputy editor of Real Estate Capital, a London-based publication focussed on the European CRE lending markets. This summer, she co-authored a special report for the ULI’s 20th edition of Emerging Trends in Real Estate, exploring the major trends that have shaped the industry since its launch, as well as the issues set to shape the industry over the coming decades.

Midmarket hotels, traditional office space, and even high street retail are among the forms of real estate that will have the “lowest possible value in the future” because of shifting tastes and land-use patterns, according to the chief executive officer of a leading think tank at the ULI Real Estate Trends Conference 2015 in London.
Speaking at ULI Europe’s Real Estate Trends Conference, ULI senior fellow Greg Clark drew attention to the “long memory” for failed density projects across the globe. “If Europe is to retain economic strength, it is necessary to unlock these issues,” he warned.
The chairman of the UK’s High Speed 2 transport project says that one of his “major challenges” in managing the multibillion-pound north–south rail link is to convince the public of its benefits, speaking at ULI Europe’s Real Estate Trends Conference in London.
Wearable technology, driverless cars, and the sharing economy are challenging the real estate industry to design cities with alternative buildings and services to keep pace with changing lifestyles, a leading design consultant said at the ULI’s Real Estate Trends conference in London.
Increasing density must form a key tenet of urban planning policy if cities are to tackle the pressure that migration is placing on housing, employment, and the environment, leading urban economist Edward Glaeser said during a ULI panel discussion in London. Launching ULI Europe’s program of work on density and the urban environment, the Harvard University economics professor and ULI Trustee said restrictive policies on the growth of cities will be increasingly harmful.
Decentralized spatial urban planning, rather than walkability, is the most effective tool for building healthy cities, says the chief executive officer of Europe’s largest inner-city development project.
Disruptive forces created by climate change represent the “new normal” for the real estate industry and cities worldwide, posing “huge risks” to those not adequately preparing for it, warned a panel of experts at the ULI Europe Annual Conference in Paris in early February.
London Mayor Boris Johnson believes voters are one of the biggest obstacles to improving the city’s resilience to the effects of climate change.
Global e-commerce titans, such as Google and Amazon and China’s Alibaba, are transforming customer expectations on product selection, convenience, and shopping experiences, which may lead to less demand for traditional retail real estate, Jim Tompkins, CEO of Tompkins International, told attendees at ULI’s Midwinter Meeting in Paris last week.
Providers of shared office space such as WeWork are beginning to disrupt the need for traditional office space, Peter Victor, senior management director and head of the international desk, EMEA, at Cushman and Wakefield, said at the ULI Europe Annual Conference in Paris.
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