MIPIM

MIPIM is the largest property EXPO in Europe with some 23,000 delegates attending. Held in sunny Cannes in the south of France, the event is a fantastic opportunity for networking that is not available in the winter here in the UK.

MIPIM 2016 was this year attended by Chris Currell (Group Chairman), Simon Davidson (Commercial CEO), Adrian Plant (Director Head of New Homes) and Iain Currie (Head of Land).

This year it was widely expected that there would be a note of caution in the discussions, with Brexit looming, the European migration crisis and an economic slowdown in many areas of the globe.

However, we found the tempo much more upbeat on a number of levels. Most significant was the strong message on how the public and private sectors can work more closely, with the joint aim of alleviating the housing shortage.

There appears to be unlimited amounts of equity and debt finance looking to back residential development aimed at the domestic market but there are insufficient opportunities to utilise all the funds available.

Local authorities are widely seen as the key stakeholders in bringing forward new sites on both small and large scales, on which the private sector can partner to provide much needed new housing across all tenure types.

Nowhere is this more apparent than in east London. The boroughs that everyone seemed to want to discuss were Barking & Dagenham, Haringey and Waltham Forest. All offer the scale, underlying price points and most importantly, desire from the councils to bring forward new place-making opportunities on a level not seen for many years.

We continue to work closely with a number of local authorities, housing associations and the private sector, forging partnerships and providing agency and professional services from our niche teams.

To get in touch with a member of our team click here

MIPIM 2016 – What did we learn? 

The Currell Collection, a privately owned collection of modern art has launched a new, revamped version of currellcollection.com.

CC homepage

The Currell Collection website showcases work from artists including Grayson Perry (above)

The artworks in Currell Collection are selected to create a complex dialogue exploring themes of identity politics, including gender, race, ethnicity and culture. The collection embodies British and International talent with a particular focus on Latin American artists.

The constantly expanding collection has resulted in over 100 pieces of contemporary and 20th Century art across the mediums of painting, drawing, sculpture, photography and tapestry.

Visit currellcollection.com to find out more about the collection.

At the Christmas party the 2015 Currell Staff Awards were announced, celebrating the individual and team achievements of staff across the company. As well as the usual awards for top negotiators and Employee of the Year, 2015 saw the introduction of the Rising Star Award, an award programme based on recognising talent and promoting excellence within the company.

Currell 2015 Awards

Daniel Pisa – Employee of the Year (Voted for by Currell Staff)

David Gwinnutt – Top Sales Negotiator

Donato Lacovara – Top Lettings Negotiator

Tracey Gregory – Top Sales Negotiator (on units sold)

Sandy Sitlani – Top Lettings Negotiator (on units let)

Sabrina English – Good Client Feedback

Bradley Suter – Anne Currell & Chris Currell Discretionary Award

Freddie Daniels – Rising Star Award

Beverley Hedge – Top Fee Earner, Commercial

Paolo Puccinelli – Runner-up Top Fee Earner, Commercial

Victoria Park – Outstanding Sales Team

Islington – Outstanding Lettings Team

Marketing – Outstanding Support Team

The first ever Rising Star award had eight participants.To be eligible to take part, an employee must hold a junior position and have been with Currell no more than a year. The process involves a variety of team building exercises, presenting an assigned project to the Directors and an in-depth interview. The winner, who receives a £500 prize and the opportunity for fast progression, was chosen by Anne Currell, Chris Currell and Chris Beckwith.

Well done to all our staff for their amazing efforts throughout 2015, and especially to all our fantastic award winners. We hope you all had a great night and wish you a very happy New Year!

Currell Christmas Party 2015!

Anne Currell, Group CEO has written an open letter to Property Week about why equality and diversity in the Currell workplace are so important and why every company should make them key to company policy.

Group CEO, Anne Currell

Group CEO, Anne Currell

“Equality and diversity should not just be a boardroom target”

It is incredibly important to me that every member of staff feels at ease and that there is a friendly, welcoming culture within the organisation, particularly for the LGBT community.

Earlier this year we joined the Stonewell Diversity Champion Programme, to increase our commitment to the LGBT community. The programme gives us the opportunity to work with and learn from Stonewall, to ensure that our company is the best workplace it can possibly be, for everyone.

The Diversity Charter led by Property Week and the RICS Inclusive Employer Quality Mark are exciting ventures within the industry that show a statement of intent.

However, organisations pursuing the chance to become involved with these need to be aware of the commitment that comes with the territory.

Equality and diversity should not just be a target in the boardroom, but become an integral part of an organisation’s day-to-day operations.

Anne Currell, Group CEO, Currell

To link to the original article please click here

Property has become a key issue in the upcoming election with heated discussions over housing shortages and affordability. Plus, there is the possible mansion tax and the impact this may have on the higher end of the market.

With just weeks to go before we head to the polls, we ask Anne Currell for her opinion on what the election could mean for the London property market.

Group CEO, Anne Currell

Group CEO, Anne Currell

Have you noticed changes in market activity in the run up to the election?

In the run up to the election we have sensed a degree of uncertainty across all price brackets but more noticeably towards the upper end of the market. How much of this is down to general market conditions or pre-election jitters is hard to ascertain. What has been shown in previous years is that pre-election jitters do not equate to a fall in prices. In fact, we are predicting a solid 5% uplift in central London in 2015.

Are there any specific policies which you think would dramatically affect the market in the months after the election?

The big topic of discussion is a mansion tax, which has been proposed by both the Labour Party and the Liberal Democrats. If passed, the tax would apply to properties worth more than £2m. About 80 to 90% of the properties that would be affected are in Greater London and the Labour Party believes it would raise up to £1.2bn in revenue. The concern in London is that it may put off foreign investors. London is a magnet for foreign investment in residential property due to its transactional transparency and its reputation for stability.

The threat of a mansion tax could send the message that investment is not welcome and lead to unpredictability. Equally, owners who have ‘accidentally’ become property millionaires due to high rises in property values would be targeted. If the mansion tax is imposed, we could see an influx of properties at this price point coming onto the market, as owners look to move to property that sits below the £2m threshold.

The Conservative’s main focus is on extending Help to Buy, a scheme designed to help buyers who can’t put forward more than a 5% deposit on a property. So far the scheme has been successful in helping 80,000 buyers onto the property ladder. However, only 6% of these buyers were in London. What is great though is that of the 80,000, 80% are first time buyers.

Housing is a key policy for London and will be an important policy for voters. What are the key issues surrounding London and housing?

The big issue in London is supply versus demand as the city is growing at the fastest rate in its history. The target of building 42,000 new homes this year is questionable, particularly when a key component of the new homes must be affordability. This means delivering on Shared Ownership and Intermediate Rent opportunities. Investment is needed in planning and London needs to develop in a way that opens up spaces and coordinates housing and transport. To get it right, the London Mayor for 2016 needs to set out their housing manifesto on day one.

Do you have any advice for people looking to buy or sell in the next few months?

Statistics show that traditionally in the run up to an election there is a ‘stand-off’ period and a ‘flurry’ afterwards. This relates only to activity levels however and does not impact on prices. My advice would be that if you are thinking of selling, forget the 7 May and go to market now. There may be less stock on and your property could do well in a less contested market.

If you are looking to buy then don’t worry, unless you have over £2m to spend. Think about where you are buying, and consider developments such as Crossrail and Crossrail 2. These will have a huge impact on infrastructure in certain areas, particularly east London, and buying in these areas is a smart move.

If you would like to discuss the market or your property needs with a member of our team, please contact one of our residential offices who will be happy to help. All our office contact details can be found here

Currell is excited to announce the launch of The Linen Draper, a lifestyle newspaper celebrating the unique culture of north and east London.

For the launch issue, we celebrate London’s rich cockney culture, in honour of our name ‘The Linen Draper’. The beautiful front cover artwork, illustrates one of the most famous rhyming slang phrases ‘Apples n’ Pears’. We also meet the Pearly King of Finsbury to find out more about how this cockney heritage is being kept alive and well in the capital today.

Also featuring in the debut issue are interviews with local business owners from Broadway Market and Netil Market, discussing why Hackney drives their passion. We also get an exclusive BBQ recipe from the Head Chef at top Shoreditch restaurant, Boundary.

A sneak peek of the Property & Interiors pages in first issue of The Linen Draper

A sneak peek of the Property & Interiors pages in the first issue of The Linen Draper

If this isn’t enough, the newspaper also features local events, theatre, food and drink, fitness and the arts, as well as our specialist subject, London property.

To read the first issue of The Linen Draper please click here or pop into one of our residential offices to pick up a copy.

The next issue of The Linen Draper will be published in September. If you are interested in advertising or featuring in the September issue of The Linen Draper, or have any feedback on our current issue, please get in touch with Gina at thelinendraper@currell.com

 

Director and Head of New Homes Adrian Plant, headed to Taiwan in early December, with Eve Chen one of our International sales negotiators.

The trip was an opportunity for Currell to showcase some of the amazing London property developments we are selling, as well as deliver a number of informative seminars on the market and how to invest in the UK to a Taiwanese audience.

Eve Chen takes to the stage

Eve Chen takes to the stage

Eve remains in Taiwan over the festive period and is meeting clients to discuss their property investment requirements and help them to understand the UK market.

With Eve's help, Adrian introduces Currell to Taiwanese investors

With Eve’s help, Adrian introduces Currell to Taiwanese investors

The trip has so far proved a great success, with Croydon proving a popular choice for Taiwanese property investors looking for rental returns.

We wish Eve every success with the remainder of her trip.

We are delighted to announce that Chris Beckwith has joined Currell as the new Chief Executive Officer (CEO).

Chris will head up the Residential Department and help the company with the next stage of growth.  Chris joins us with over 17 years in the industry and was a Director of one of Londons largest independent estate agents for over 14 years. Chris will be responsible for planning the strategic direction of the business expansion, largely through acquisitions.

Chris said: “I am excited to join Currell at a time when the business is expanding as my experience is in growing businesses.  I look forward to playing a part in the company’s continued growth and success.”

Anne Currell, Group CEO of Currell said: “This is a very exciting time for Currell. We are very encouraged by Chris’s appointment and look forward to working with him as we deliver our strategy for long term growth.”

Currell staff hit the slopes in sunny Courchevel this week for a few days of fresh mountain air.

15 staff signed up to the annual trip this year, all looking forward to starting the new year in the snowy Alps.

The trip was blessed with good weather and the group enjoyed a fantastic lunch in the sun at Le Panoramic restaurant, which stands at 2732m and faces Mont-Blanc.

And thankfully they all managed to ski down safely afterwards!