20: Mark Ridley. Group Chief Executive, Savills PLC. - A look at the world of property from a compelling vantage point

20: Mark Ridley. Group Chief Executive, Savills PLC. - A look at the world of property from a compelling vantage point

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Franklin D Roosevelt wrote “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, and managed with reasonable care it is about the safest investment in the world “.

It’s a good time to discuss the topic of real estate, which is central to so many of us. Whether it’s your home, commercial property, farms and estates, whether it’s to live in or to invest in, whether in the UK or around the world.

So this episode’s guest sits at the epicentre of the world of real estate; Mark Ridley, Group Chief Executive of Savills.

The conversation begins with a review of current forces in residential property, before discussing the challenges facing UK retail space, supply and demand trends in commercial property and a discussion around new working practices and their implications for office space. Mark discusses the investment opportunities in various segments of the markets, what he sees in current overseas demand, the opportunities in Asia and also in the less liquid segments such as agricultural land. Mark also talks about the real estate asset management portion of the Savills business and his own vision for the firm.

Mark discusses the implications if inflation reasserts itself, re-purposing of retail space into residential and why he is positive about property from an investing perspective and as a place to work.

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