CAPITAL WATCH

R ecently, I read two interesting pieces of writing on the subject of pay discrepancy. The first was in a national broadsheet, decrying the fact that it is apparently now more lucrative to have appeared on Love Island than to have gone to Oxbridge. The second was written around 1800 years ago by the second-century satirist Juvenal, complaining that the jockeys that entertained the public were paid far more than the teachers. Plus ça change. Some things never do change: the earning power of celebrities is one, and our attitude to place and home is another. In the incredibly moving Talking Heads song This Must Be the Place, David Byrne never refers to an actual place, but just describes his delight at being there. His feelings are instinctive and are entirely human – “I’m just an animal, looking for a home”. Of course, what “home” means has become much more open to interpretation today – but the ideas behind successfulplaces and homes are more constant than we are sometimes encouraged to think. The Recipe for Great Places People never change OPINION PAGE 10 PAST, PRESENT, FUTURE PAGE 36 Oxford Street FEATURES PAGE 16 Transport: What's Next SPOTLIGHT ON PAGE 13 Bloomberg Building Wins 2018 RIBA Sterling Prize LONDON IN FIGURES PAGE 25 Transport in London LONDON DNA PAGE 23 Marylebone: A Bustling and Carefully Curated Village in the Heart of London HowWill London Do Business in the Future? VILLAGE LIFE PAGE 41 Bethnal Green – Where the East End Meets the World ROUND-UP PAGE 12 London at a Glance COVER STORY PAGE 03 The Recipe for Great Places THE HOT ISSUE PAGE 07 Who Will Own London in 2030? Welcome What’s Inside Richard Pickering Head of Futures Strategy, Editor of Capital Watch richard.pickering@cushwake.com Find us online: cushmanwakefield.co.uk/london Twitter: @CushWakeLDN Want to know more about the London Markets team or how you can get more copies of Capital Watch? Get in touch: Jennifer Ukaegbu, Brand & Business Development Manager Jennifer.ukaegbu@cushwake.com Design: Ascend Studio IN CONVERSATION PAGE 30 With Joe Borrett, Director of Real Estate and Construction at Google #TRENDING PAGE 34 Navigating the Proptech Funding Landscape Welcome to our winter edition of Capital Watch! At the time of writing, Brexit stands on a knife’s edge; the deliberations over the next weeks and months will have significant impacts on our economy, which are as yet obscure. However, the ebb and flow of politics and the economy tends to be timebound and quickly forgotten. Meanwhile other truths stand eternal. One such truth is the recipe for creating great places, and this is the subject with which we have chosen to lead this edition. Beyond this we look at who will own our capital and how will we do business in it in the future. Someone well qualified to offer a view on the future of offices is Google’s real estate chief, Joe Borrett, who takes the time to talk workplace and technology with our own Andy Tyler. Our themed spread this edition looks at another critical factor to London’s success, Transport, in respect of which we chart key interventions, consider global innovations and look to what’s next. Enjoy the read, and please do get in touch, share and tweet! LEAD ARTICLE By Richard Howard, International Partner, Head of London Leasing richard.howard @cushwake.com CUSHMAN & WAKEFIELD 03 LEAD ARTICLE CUSHMAN & WAKEFIELD

RkJQdWJsaXNoZXIy MzM0Mjk=