The Property Market in a COVID World
It's Impact on Values and Business Rates - A Seminar Looking at the Future of Property Needs
This seminar will look at the way COVID has become a catalyst for change, how home working and shopping more online could impact on rents, rates and business strategies. The property world needs to wake up to these changes. Rent and business rates have always been linked. Now, more than ever, property professionals need to see how these two elements interrelate and will potentially drive the changes in the market.
|18 November 2020||Virtual Seminar||£75||BOOK|
Note: All prices are to be paid in GBP and are subject to VAT at the prevailing rate
We are 8 months into the CV19 pandemic. Leaving aside the acute changes, COVID has provided a catalyst for change.
- Office based businesses have already discovered their people can be productive, engaged and happy working from home, so will home strategies be embedded into the DNA of new working practises? Some employers will retain presenteeism, but they will need larger and redesigned and serviced offices. Overall, how will occupier demands change? Is that change temporary or structural?
- In retail, traditional retailers are vociferous about the inequality of competition from online giants whose combined rent and business rates outgoings are far lower. If more retailers disappear or shift to an online business model, what then for the High Street?
- If these major classes of property experience significant market changes, surely this threatens the existing structure of the whole rating system? This, at a time when the Government is finally undertaking a fundamental review of business rates and a revaluation is already underway. Is there a risk that the Government may conclude it is all too difficult; and do nothing?
- And what of the ecology of urban space? How will cities, and local economies change? What has happened to our leisure habits? How will that affect property needs?
This seminar will be of value to commercial property managers, property agents and rating surveyors. Now, more than ever, you need to understand what is happening in the property market, the relationship between rents and business rates, how COVID-19 is changing the property world for investors, asset managers, tenants and property managers, and what all this means for the future of business rates.
- Paul Sanderson JP LLB (Hons) FRICS FIRRV, President, International Property Tax Institute
- Adrian Wilson, Partner, Knight Frank
- Josh Myerson MRICS Dip.Rating, Partner and Head of Rating, Montagu Evans LLP; Vice President, The Rating Surveyors' Association
- Ben Whittle, Director of Property and New Business, Dreams Ltd
- Andrew Hetherton MRICS IRRV (Hons) Cert Ed, Director, Andrew Hetherton Consulting Ltd, IRRV President & Immediate Past Chairman of Accessible Retail
- Nicholas Cheffings, Global Chair, Hogan Lovells (from 2012-2018)
- Keith Coats, Specialist Leadership and Global Trends Speaker/Consultant, TomorrowToday Global (TTG)
Welcome and Introduction from the Conference Chair, Paul Sanderson
The Future of Offices and How They Might Change
Revised Business Strategies in a COVID World
The Future of Work
Question and Answer Session