The global pandemic has brought about a number of tectonic shifts that could change the way we live forever. The demise of high street retail is particularly stark and it is hardly surprising that investors and landlords are looking at the sums and seeing co-living as the potential goose that lays the golden egg. Large, empty, centrally located units look like prime locations for young professionals who want, and can afford, central living with all mod cons but don't necessarily have anyone to live with.
Pieter Boodt and Harriet Ballard appear in Estates Gazette commenting: "Putting the community back into cities is not usually about altruism or social business though – it has to make commercial sense for owners/landlords."
Can co-living regenerate our high streets? is available to read on the Estates Gazette website.
Pieter is a partner in the real estate team. He advises developers, investors, charitable organisations and private individuals based in both the UK and abroad on a wide range of commercial real estate transactions, including site assembly, development, the acquisition and disposal of investment assets, landlord and tenant matters, and real estate finance.
Harriet is a trainee solicitor in the real estate team.