Daniel Austin, CEO and co-founder, ASK Partners
"I think in 2025 we will see even more inspirational design in the built environment. Changes in the way we work and spend our time since the pandemic have prompted demand for more dynamic and flexible accommodation. Alongside these changes, we are seeing an increase in regulations for environmental standards. Together these factors will continue to drive developers to work with architects and designers to create vibrant aesthetics, and form and function which exceed new industry standards in emerging models such as co-living and build-to-rent. And as more buildings become obsolete, we will continue to see the trend for repurposing and value-add investment opportunities. Those that have a clear business plan and the vision to enhance the value of their asset by exceeding expectations and market demand will play a key role in reshaping UK real estate in 2025. However, inflationary pressures and supply chain volatility will continue to increase material and construction expenses. Balancing these hurdles while leveraging growth opportunities in adaptive reuse and sustainable developments will define success in this evolving market landscape.”
