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Almost one year on from the Brexit

vote, and the world hasn’t imploded

as some predicted. Whilst it would

be foolish to ignore the storm clouds

on the horizon, London’s resilience

continues to confound its critics.

Although pressure builds to retain

single market access, there is a

strong sense of reluctance on the

part of business to effect substantial

relocations from London.

Why is this?

Firstly, the complex

interconnection of London’s

economies, developed over many

generations, creates significant

switching costs. Secondly, London

is the capital of the English speaking

world, occupying an opportune

time zone. Thirdly, London is

business friendly. It has a transparent

economy, legal and tax system, with

fair but flexible labour laws. However,

often at the top of any discussion

of London’s strengths is its culture.

London is above all a place where

people want to work and live.

In this edition of Capital Watch,

we explore the theme of culture

from a number of perspectives,

and ask how this supports London’s

real estate. I hope you find this

interesting, and please do drop

me a line if it sparks any thoughts:

richard.pickering@cushwake.com

Enjoy!

Richard

THE HOT ISSUE

THE HOT ISSUE

ROUND-UP

COVER STORY

PAGE 03

PAGE 08

PAGE 11

PAGE 04

FUTURE OF LIVING

PAGE 12

PAST, PRESENT, FUTURE

PAGE 27

London’s Industrial

Revolutions

LONDON IN FIGURES

PAGE 21

Quantifying Culture

LONDON DNA

PAGE 19

Deptford: Rough and Ready

London’s Culture

Hubs

VILLAGE LIFE

PAGE 31

We showcase the best

of Stoke Newington

Cultural City –

A Gallery Without Walls

A snapshot of London

real estate stories from

the last quarter

Using Culture

as a Strategic Asset

#TRENDING

PAGE 25

London’s Last Mile

• Breaking the Real Estate

Value Chain

• Sustainable Structures

• Right to Roam

Welcome

What’s Inside

Richard Pickering

Head of Futures Strategy,

Editor of Capital Watch

CUSHMAN & WAKEFIELD