From the future of London’s real estate market to John Slade’s career path and becoming the leader of one of the UK’s top agents, Estates Gazette invited you to ask a question to the chief executive of BNP Paribas Real Estate.
EG editor Damian Wild put your questions to Slade in a live interview.
Slade said…
• Proptech, digital: it’s a way of life. “It’s an aid to our business but it’s not a replacement” for getting deals done.
• Apple deal can’t be overstated: “I can see the Apple sign on the power station. Pink Floyd will have to revise its cover.”
• On the future of London: “It’s not just about finance, people need to want to live here.” Crossrail essential for this.
@DamianWild @EstatesGazette Has Crossrail been fully priced in to resi property yet? #AskJohnSlade
— Charlie Blagbrough (@CharlieBlags) February 3, 2017
• “We wouldn’t be in the same situation” without all the “springboard of events” after Brexit vote.
• No over-gearing, no over-supply in property, but macro-events are having more of an effect on the cycle.
• Cities are the future, London will benefit from urbanisation and demographics.
• On GBP devaluation and overseas investment: “Currency helps but it’s not the be all and end all” – no effect on yield.
Who is John Slade?
• Chief executive, BNP Paribas Real Estate UK (joined 2012).
• Prior to BNP Paribas Real Estate, Slade ran his own company, Accrue Capital. He was previously joint chairman of Capital Markets and managing director of International Investment at DTZ and executive head of CBRE’s City business.
• Supervised a planned expansion and repositioning of the UK arm of BNP Paribas Real Estate.
