The first month of a new year is always a good time to take stock of rental trends in Europe’s leading cities. As well as retrospective data from the previous 12 months, there is also a slew of forecasts and predictions for the year ahead. Adleo Relocation rounds up January’s rental market news from across London, Paris and Amsterdam and combines them with the latest average rental price.
Climate change has been in the spotlight recently following the COP26 summit. It’s clear that action needs to be taken, and quickly. When it comes to the impacts of property, the figures are startling: buildings are responsible for 40% of energy consumption and 36% of carbon dioxide emissions in the EU. In the UK, it is even higher at 59% and 23% respectively.
As another year draws to a close, Adleo Relocation looks forward to 2022 and flags up the salient lettings changes that may lie ahead. Of course, ‘may’ is the operative word as many new rules and regulations that we expected to see in 2021 never materialised.
With the wider global outlook still at the mercy of Covid, we underline that our thoughts are merely educated predictions and relocators should always check in with our experts to get the latest on the private rental sector.
While working from home started out as a practical tool in the fight against the pandemic, it has provoked a wider conversation around hours, locations and staff wellbeing. It’s a well-covered topic but it has been taken to the next level by Portugal.
The word culture is a contentious one. If you were ‘cultured’, it used to mean you had experienced the different customs, practices and rituals of many other countries. It used to describe the well-travelled, those who’d live abroad and people who had extensively studied others. To be cultured was a badge of honour.
In current times, businesses are slowly healing from the recent pandemic-led economic strains. Companies are finding ways to adapt to new business norms, whilst growing back their bottom-line.
Relocating offices has become a commonly shared practice in the business world. Some employers are choosing this to host a bigger workspace for their staff, whilst others seek cost-effective benefits to moving.
When relocating professionals across the globe, a short commute to a financial district, a company headquarters or a business park was traditionally in the top three requirements. Now, with employees proving that working from home doesn’t hinder productivity, the temporary switch to desks in our dining rooms is a more permanent working arrangement.
If you’re a Donald Trump sympathizer and think climate change is a made-up phenomenon, you may want to look away now. For the majority of us, the effects of abusing our planet are clear – and need addressing.
Extreme heat warnings are a new, never-needed-before alert issued by the UK’s Met Office. Devastating floods are sweeping across parts of Europe you’d never associate with tsunami-like rising waters. Temperatures in the Arctic continue to rise, resulting in alarmingly high sea levels. Wildfires regularly ravage swathes of America and Australia, scorching anything in their paths. Sadly, our news feeds are filled with climate disasters on an increasingly frequent (read worrying) basis.
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