The real estate industry in the United Kingdom continues to experience speedy expansion despite the effects of COVID-19. Nick Millican is a London-based real estate expert and a Chief Executive Officer in one of the leading real estate companies in the country. He maintains professionalism in the industry as the construction and development sector expands. According to real estate experts, including Millican, three main drivers have led to the speedy growth of the real estate industry, as listed below.
The Increased Use of Co-working Space
In London, co-working spaces are common on the outskirts of the city. However, the pandemic drove the working spaces to the front, increasing the demand for co-working spaces, thus promoting interaction and invention. Nick Millican and his team have flexible lease arrangements that have made it easier for investors to own a working space.
Flourishing Logistics and Industrial Operations
Nick Millican shares more. The United Kingdom’s transport and industrial operations have been affected by major factors, including industrial technology expansion, e-commerce growth, decarbonization, and a reliable supply chain. All these factors have prompted a refurbishing of this multifaceted market.
Justifiable Real Estate Inventiveness
According to the expert and a leader in the real estate industry, the London business sector continues to welcome and reduce carbon footprints in commercial property planning. Nick Millican says that the industry has embraced sustainable building materials and energy-efficient building design.
Also, green documentation that has come together to strengthen the commitment. Nick Millican has served as a leader in the real estate industry in London. During his service as the Chief Executive Officer, the real estate agent has effectively piloted the industry’s market challenges, giving him a name to become an asset manager and real estate expert.