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Britain sees increase in number of high-rise buildings

Driven by a growing population and intensifying urbanisation, the construction of high-rise buildings has increased considerably in recent years – more high-rise buildings are now being constructed than at any other time. Across the UK as a whole, there are currently over 270 existing high-rise buildings and structures, of which around 70% are in London. The UK has just 17 high-rise buildings over 150m (492ft.) in height and just one building – The Shard in London – over 300m.

High rise

Unlike other international cities, London is considered ‘low-rise’ for a global city and financial capital of the world; with the pace of high-rise development way behind other global cities. However, in recent years, there has been an increase in the number of high-rise buildings proposed and approved for construction in the UK. The UK development pipeline currently stands at around 500 buildings, of which over 85% are planned in London, while the rest are clustered in key cities such as Birmingham, Liverpool, Manchester and Salford.

In terms of end-use sector, around 70% of high-rise buildings currently under construction or under consideration across the UK are primarily residential, but with an element of mixed-use, e.g. retail, community or leisure.

In London, the high-rise market is being driven by the buoyant private housing sector, especially at the top-end of the market, and resurgence in demand for commercial property. The concept of high rise living has changed and the majority of high-rise residential tower blocks in UK cities are now being developed as luxury accommodation, targeting a very different demographic and being developed with a mixed-use element incorporating leisure facilities, concierge services, restaurants and retail.

Key factors affecting the development of high-rise buildings include cost, space efficiency, wind & seismic considerations, structural safety, risk challenges both on site and in completed buildings, speed of elevators, new building materials to potentially replace steel and concrete and damping systems. In addition, significant technical and logistical factors include pumping and placing concrete at extreme heights, and craning and lifting items to extreme heights.

Hayley Thornley, Research Manager at AMA Research says “Going forward, the high-rise construction market is set to continue to grow, with the ever-increasing demand for housing. However, there are concerns about too many projects aimed at the luxury end of the market, which is not matched with housing demand. In addition, the uncertainties surrounding the EU referendum may influence some high-rise schemes, with many projects in the pipeline forecast to exceed stated completion dates.”

The proportion of mixed-use schemes in the high-rise buildings pipeline is set to grow, with around 18% of developments either under construction or proposed with a mixed-use function. In the office market, rising take-up, low availability of grade-A space and increasing rents in cities such as Manchester, Bristol, Birmingham, Leeds and Edinburgh, is helping to boost output in the commercial office sector and has led to more speculative building.

Sustained growth in the private rented sector (PRS) is also driving the development of high-rise housing, with increasing financial backing from both domestic and foreign institutional investors. Student accommodation also forms a small, but significant proportion of high-rise building development with a number of schemes currently in planning.

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Commercial buildings: “It’s all about value, not cost”

(Image: Sunny Landa, director at NG Chartered Surveyors)

It’s not often you’ll hear a commercial property agent quoting Oscar Wilde, but there is rarely a greater truism than the playwright’s famous “Nowadays people know the price of everything and the value of nothing”.

Wilde spoke these words in 19th Century, but the sentiment remains – especially in the commercial property sector in Nottingham.

For some time now there has been a growing trend amongst the local industry for undercutting of fees. Naturally, landlords are attracted to this, as it means they’ll get to keep a greater slice of the pie after their property is sold or let.

However, the practice of undercutting or lowering fees is not only ethically wrong, but also short-termism at its worst.

Landlords might be tempted down this cheaper route, but we’d ask: do you really think you’re getting value for money? There’s an old adage: ‘you get what you pay for’, and this is certainly true when it comes to instructing a commercial property agent to dispose or let your property.

If an agent is offering a landlord lower fees to try and entice them, the landlord should question who will be looking after the instruction? Will it be the seasoned, qualified property professional, or will it be a green graduate, eager but fresh out of university and woefully inexperienced in looking after a property portfolio. My experience tells me it’ll be the latter.

We’ve seen this is in the commercial property sector before; it usually happens when we’re coming out of recession and agents are battling it out to take advantage of a businesses who have a little more confidence in the economy and are looking to move premises.

This time, however, it’s a little different.

There has been such little speculative development in the last ten years that stock levels of good quality accommodation are incredibly low. Agents are fighting over instructions, and this is leading some to offer unsustainable rates.

While we can’t force developers to build offices and industrial units, as agents we mustn’t simply lower prices to maintain cashflow – that way lies madness, and sure fire way to devalue the industry and give it a bad name.

Surely it is better to offer a service that our fees warrant? At NG we don’t think about cost – we think about value. A landlord who is willing to pay the going rate to let or sell his or her property will get the best possible service. Can the same be said if s/he decided to take a chance on a cheaper alternative? I don’t think so.

At NG we pride ourselves on standing out from the crowd. We have a mantra of: “Our values decide our character; and our character decides our value”. Commercial property agents in Nottingham have a purpose of duty not to offer cheap alternatives which let down landlords (and ultimately occupiers), but to offer value on every instruction.

“Taking what we can get” can only lead to one outcome, and when we’re all in a desperate race to the bottom, not only does the image of our industry take a battering, but everyone loses out.
As Oscar Wilde also said: ‘Experience is one thing you can’t get for nothing’.

Written by Sunny Landa, director at NG Chartered Surveyors.
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It’s official: Walkie Talkie is the worst building in Britain

2016 update: Whilst the Walkie-Talkie was awarded the Carbuncle Cup last year for being the worst building in Britain, it appears there could be far worse to come on the horizon – how about a skyscraper that looks like a tin of processed meat, for example? Originally approved back in 2008, work soon stalled on this bizarre tower as it happened to coincide with the UK financial crisis. However, work is now reportedly back on track and the 105m, 24-storey building is due for completion in Summer 2018. The architectural version of spam, perhaps?

Original story:

20 Fenchurch Street, a commercial skyscraper in London designed by Uruguayan architect Rafael Vinoly, has been awarded the annual Carbuncle Cup for being the worst example of architecture in the UK.

Nicknamed the Walkie-Talkie because of its distinctive bellowing shape, critics have long since argued that tall buildings should taper inwards elegantly rather than bulge out in order to not litter the skyline.

The shape isn’t the only gaffe made by designers with the Walkie-Talkie; since construction began in 2009 the building has been mired in controversy. First it inflicted solar glare problems on the people of London, burned holes in cars and bicycles parked below its looming stature. Then it became apparent that the placement of the building caused a dangerous wind tunnelling effect that actually blew passing pedestrians off their feet. Then there was the anticlimactic opening of a “sky garden,” which was criticised since opening for the tight restrictions and advance booking requirements placed on the visiting public, and for failing to meet pre-construction expectations of the extent and quality of the “garden.”

Editor of Building Design Magazine (who run the awards), Thomas Lane, said the carbuncle “crashes into London’s skyline like an unwelcome party guest.”

Thomas described the tower in a cutting and succinct manner, saying that “It bulges out towards the top in a cynical move to maximise the amount of high-value space at the upper levels, in defiance of the principle tall buildings should taper elegantly inwards or at least feature parallel sides. The result is Londoners now have to suffer views of this bloated carbuncle.”

Here’s what the people of twitter have to say about this year’s winner:


To see other buildings shortlisted for the Carbuncle Cup, please Click here to visit the site.

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