博鱼体育集团

Penthouse premiums

this morning reveals the premiums buyers are willing to pay for penthouse apartments in new developments.

博鱼体育集团 Frank research across five global cities reveals penthouses are on average 129% larger than the average unit in the same development and can command a premium of 35% per square foot. Exclusivity, privacy and development configuration all contribute to price premiums.

鈥淏uyers have sought out one-of-a-kind residences as a unique haven for them and their families, particularly within the last six months,鈥� says Andrew Wachtfogel, Head of Research at Douglas Elliman in New York, where a penthouse commands an average premium of 40% per square foot compared to other units. 鈥淧lus, these homes frequently include a prized feature in any city 鈥� private outdoor space.鈥�

The last mile

Last week we spoke about the 鈥榰nsustainable鈥� residential property prices in Australia, this week we focus on the booming industrial development.
In the latest Katy Dean looks at the drivers behind increased rates of existing infill sites being re-purposed for last-mile use and discusses the opportunities for the industrial logistics sector.

From big sheds to small spaces, new industrial development on Australia's east coast is at its highest level since 2007. At the same time, as more businesses embrace the last mile as a key differentiator, there is an increased focus on urban locations as part of the logistics network.

As businesses expand their e-commerce capabilities, their warehouse and logistics requirements are growing and evolving, creating a huge opportunity for the industrial sector as a provider of real estate.

Closer to home our on occupier and investment market trends in the UK industrial and logistics sector was released at the end of last week - confirming continued robust demand - especially in key UK regional markets.

Modular moves

Housebuilder magazine that Places for People and the University of Cambridge have called upon the Government and the housebuilding industry to work together to help create more homes using modular construction.

The 鈥� Deploying Modular Housing in the UK 鈥� sets out a vision for speeding up the wider adoption of modular construction in the UK to help reach new homes targets. The authors say housebuilding rates are 鈥渏ust half鈥� of the 300,000 that are needed annually 鈥� 鈥渋nsufficient to meet accumulated need鈥�.

Anna Ward reported last week on how supply chain issues and ongoing issues with securing land are further hindering housebuilders.

In other news鈥�

eye six months of gains, NatWest to return to investors, German economy expansion , empty rising, bumper profits and investor , IAG narrowing of , driver shortage and UK .