In the spotlight this week:
Real Asset Media’s briefing on advanced manufacturing explained why some real estate investors are shifting their focus to accommodation for new sectors – first life sciences and now to advanced manufacturing.
Glasgow region has become a hub for advanced manufacturing, not least because of its “exemplary ecosystem”, which has brought together business and academia, supported by local government. This has drawn in companies from Boeing to AstraZeneca and prompted comparisons with Singapore, Boston and California.
And its causiing a levelling up in the UK between the Cambridge-Oxford-London Golden Triangle and Scotland. Nurturing a skilled workforce in Scotland has been key to this change. But the development has also been in harmony with the increasing focus on renewable energy there.
Also this week, while MIPIM has attracted criticism for a lack of diversity in contrast to previous years, ESG compliant property has been declared “the new core”.
In Poland, a Hines and Kajima JV will invest in the BTR sector while Kennedy Wilson has allocated more capital to European last-mile logistics and Octopus is investing in “future proofed” care homes.
Click on the video to watch the full discussion or listen to the podcast below.