Property Journal December 2017 – January 2018
Property Journal December 2017 – January 2018

Claudia Conway

Editor, Property Journal Commercial section (RICS)

I recently had reason to pass through the Olympic Park, one of the inspiring green places mentioned in this issue of Property Journal by Kevin Joyce.

Property_Journal_December_2017_January_2018

It is extraordinary to see a whole neighbourhood rising from an area that, when I first encountered it around 15 years ago, was a desolate clump of warehouses and neglected waterways. Cafés, shops and small play areas are helping to create a sense of place in this new zone – reminding me of Denizer Ibrahim’s excellent piece on the centrality of placemaking for retail, also in this edition. However, there are still plenty of empty properties nearby whose owners may benefit from the expert security advice in Gideon Reichental’s article.

The issue also includes an update on the Community Infrastructure Levy review from one of the panel, and a journey into big data for real estate. If you have an interest in technology, by the way, don’t miss the recent RICS insight paper on artificial intelligence and facilities management – it’s a fascinating read, whatever your field. Although technology may not be the first thing that comes to mind when you think of cycle parking, Nick Knight examines the value that automated systems could unleash for asset owners. We also take a look at the savings that can be reaped from better-quality energy data.

Knotweed still continues to cause much anxiety, but Philip Santo explains in our Residential section how it is a manageable risk that lenders need not fear. Mike Parrett meanwhile looks deeper underground at geotechnical surveys, and at the other extreme we learn how off-site methods are making penthouse construction on existing properties far quicker and easier.

I am looking forward to meeting readers at the RICS Commercial Property Conference in December, and I send my best wishes to you all for the festive season and new year.

Comments (1)

  1. The Olympic site may have been observed as "a desolate clump of warehouses and neglected waterways" but was a hive of industry, and around 300 business were forced out by the Compulsory Purchase Order and had to relocate with considrable disruption and job losses. Such redevelopment of active business areas involes considerable loss to business which is often forgotten in the promotion of redevelopment.

    Geoffrey Fisher Geoffrey Fisher, 27 November at 21:36PM

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