Tech, trees and tailwinds

Birmingham is well-positioned to exploit the change in the role of cities as economic drivers, with demand for space in the office market likely to remain robust.

During a sustained period of strong performance for real estate assets, an investment strategy based on mimicking the benchmark paid off handsomely. But as we move into an altogether more challenging period, this approach will no longer reap the same rewards.

The retail real estate sector is increasingly polarised between secondary locations and shopping destinations with a luxury profile. This divergence reflects two factors: the increasing significance of e-commerce and the growth of luxury shopping tourism. Can we expect this trend to continue?

As more office jobs are set to be automated, forward-thinking investors need to think carefully about the sustainability of the cities where they choose to hold exposure.

Logic suggests diversification is necessary to reduce risk within a real estate portfolio. In reality, its benefits are not as clear cut as investors might imagine, argues Chris Urwin.

Changes to working practises and business structures have major implications for the serviced office sector, presenting opportunities for real estate investors who understand the dynamics, argues Chris Urwin.