In the news this morning, EG talks to Altus Group boss Bob Courteau about how he views the role of tech and data in the real estate industry, how far he thinks the industry has come during his five years in the sector and about the growth plans for Altus.
In other news today, The Guardian reports that London mayor Sadiq Khan has hinted that he is considering introducing rent controls across the capital in a radical overhaul of private rental laws.
And the two big property-related stories in all the broadsheets are the latest delay to Crossrail and continuing Interserve – or ‘Carillion Mark Two’ woes.
NEWS ROUND-UP: Asia will become the biggest part of Savills’ business
Altus CEO outlines real estate’s biggest opportunity
Delayed Crossrail could cost almost £3bn more than planned
Mayor Sadiq Khan to look at imposing rent controls in London
Study pushes for Scottish land and property tax reform
Falling share price piles pressure on ailing Kier
Four Seasons seeks rescuer as it tackles £525m in debts
Interserve shares plunge 75% as government contractor seeks rescue deal
Economy at virtual standstill as construction and manufacturing output shrink