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Insider South West Property Awards 2024
Insider Media
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15/10/2024
Insider speaks with winners at this year’s South West Property Awards held in Bristol about the the current position of the region’s property market and where their focus lies for the coming 12 months.
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00:00
Hello, Chris here from Southwest Business Insider. I'm here backstage at the Southwest
00:14
Property Awards 2024. The event is our annual celebration of the region's commercial property
00:19
sector and we're here to really recognize and honor the great and the good from the
00:25
industry across 13 different categories ranging from architect of the year to developer of
00:30
the year and our much coveted property personality of the year award. Now, it's been an interesting
00:36
12 months in the sector here in the Southwest and with that in mind, I've called some of
00:41
our guests to see what they think about this sector at the moment and their optimism for
00:46
the future. So, Nigel Dyke, consultant of Alec French Architects and this year, of course,
00:52
one of our big successes has been the Bristol Beacon. There aren't many opportunities in
00:58
the world to put a 21st century concert hall inside a 19th century concert hall and that
01:04
clearly has been a really significant project for us this year. It's part of a variety of
01:10
projects that we do across Bristol and the region. My name is Tim Wielden. I'm managing
01:18
director of Zeal Hotels. We are developing what will probably be the most sustainable
01:24
hotel in the world, both from an operational point of view and from a construction point
01:29
of view and we have been liaising with and working with Southwest companies throughout
01:34
this period, which has been, from my point of view, the dream has been 14, 15 years.
01:40
We have actually been working about five years now on the design for the hotel and it will
01:47
be a remarkable hotel at the end of the day and we're looking forward to opening it in
01:51
January or next year. My name is Rebecca Cook. I'm a chartered surveyor and head of valuation
01:58
at Vickery Holman. We're a firm of chartered surveyors and property consultants based across
02:02
the Southwest with offices in Truro, Plymouth, Exeter and Bristol. Having joined my company
02:09
as a graduate surveyor and having progressed through the ranks from chartered surveyor
02:13
to now senior associate and head of valuation at the firm, I think it's an incredibly exciting
02:18
sector to be a part of and one which my company in particular very much supports young people.
02:24
We have 14 graduates currently at the company and I think it's an incredibly exciting opportunity
02:29
for young people. I think it's quite a difficult market at the moment. I think that Bristol
02:36
seems to suffer from a mixture of popularity and also quite an expensive land value and
02:47
construction costs so that actually it's quite difficult sometimes to deliver projects and I
02:54
think that needs to play out over the next couple of years. I do know that there is a
03:01
considerable demand, greater demand now for hotel accommodation within the Southwest,
03:06
particularly post-COVID and this is something which we are going to be looking at helping
03:13
with. Although the hotel that we are at the moment building and designing and constructing
03:18
will be a leisure hotel. It's going to be a four-star hotel. It's going to be commercial
03:23
and leisure based but it's going to be transitioned. We are just off the M5, we're
03:29
at Exeter Science Park which is a becoming science park. It's great, it's getting bigger
03:33
all the time and it's very close to the airport as well. Beyond that, we're also looking now at
03:40
ZL2, ZL3, ZL4, ZL5 and various other locations within the UK. Exeter is the prototype and we
03:49
have drawn a line in the sand in terms of design and what we're going to be doing within that
03:56
particular hotel operationally. ZL2, ZL3, ZL4, ZL5 will actually be even more sustainable at the
04:03
end of the day and we are looking at developing the ZL brand if you like further, not only in
04:09
the UK but also abroad in mainland Europe and also elsewhere.
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