London
The wave of interest in well-being in the United Kingdom is expected to translate into significant investment over the next three years, according to ULI research released in the report Picture of Health: The Growing Role of Wellbeing in Commercial Real Estate Investment Decision-making. The report was released this month at an event in Birmingham, England, by the ULI U.K. Sustainability Forum to highlight the rise of well-being investment in commercial buildings.
Rather than being siloed as strictly transportation initiatives, urban mobility projects and policies are increasingly being viewed in part as economic investment. London is a prime example of this approach, said experts speaking at the ULI Netherlands Conference in May.
In 2003, Andrew B. Turner was a senior at Berkeley High School in Berkeley, California, when a new interactive program that challenged students to create a development scenario for a local neighborhood made its debut. Nearly 15 years later, Turner is now a project director at Argent LLP, one of London’s most respected developers.
Jon Lovell, cofounder of Hillbreak, a consulting firm in the United Kingdom, discusses his recent paper L’Accord de Paris: A Potential Game-Changer for the Global Real Estate Industry, published by ULI.
Ten real estate developments have been selected as winners of the 2015 ULI Global Awards for Excellence, with five projects hailing from North America, three from Europe, and two from Asia.
New lending by European banks is likely to remain strictly conservative, limiting liquidity for the European property market.
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