01625 422 065

The property Industry Predicts

Mina Ayoob

Posted by Mina on Jan 6, 2012 in Olympics 2012 Commercial Property Property Management

Glancing quickly through the 'Building' magazine this morning, I was intrigued to read the page titled - The industry predicts: Here we go again.......

2012 is predicted to be another year of mergers, insolvencies, planning chaos and falling currencies - but also new markets, a new Asian influence in architecture and new faces in Westminster.

These are just a few snippets from the contributions of the UKs top names in the industry:-
"The UK Plc needs to have a 50 year vision over our primary infrastructure, not a 5year plan!
The Olympics will be a great success, but the hangover will be hard on London as the divide widens between those who have and those who don't. The Euros near collapse will drive businesses and money towards London. All thoughts of BIM and green issues will be off the agenda while the world picks up the pieces.
In 2012 our work must go in the direction of finding simple solutions to a complicated world.
Good design will become more vital in addressing the issues of quality, simplicity and efficiency. Let's hope it will be exciting and fun!!!!
The world- changing condition drives architecture. The north Atlantic countries are gradually losing dominance and it is predicted that in 2012 architecture will be driven in terms of business practice and aesthetics from East Asia. Not only are Architects seeking solvency abroad but countries like China, India and Qatar are also buying into Britain.
Mergers will continue and if they are strategic rather than just for survival, they are likely to cope better with the challenges which lie ahead.
Companies which are the most proactive will put sustainability at the heart of their business because in the current economic climate they need to have a unique selling point."

Here's to a Happy and Prosperous New Year in an ever changing World!

Add Comment