Sunny skies ahead for development?

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Sunny skies ahead for development?

Attention’s turned today to what the next 10 years has in store for us, and how we should acclimatise ourselves to this new world we find ourselves in. No one would really pin their colours to the masts, with various firms publishing their crystal ball predictions for the years ahead.

The Jones Lang LaSalle media briefing this morning had quite an engaging weather map showing the status in different cities across Europe, where I’m glad to report that London had a little sunny face peeking from behind a cloud – it was as much as any other major city could offer – especially when compared to Athens or Dublin. The good news was that most figures encouraged investors to take the risky plunge of developing out new projects in order to reap larger rewards in a supply-constricted market.

Meanwhile, pacing up and down the Croisette was like changing lanes on the Arc du Triomphe – rivers of suited and booted Europhiles hiding behind Raybans and permatans, all marching towards some kind of mega deal I’m sure. The sunshine has brought most meetings out into the open air, much to Reed Midem’s disappointment.

The London Pavilion has its advantages here, but I pitied those downstairs in the windowless Bunker. Finally had my first steak frites and rosé over lunch – must say it didn’t disappoint. Let’s hope the evening’s meetings are as tasty.

Dan Innes, Managing Director

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