into – Property & Development Magazine https://www.padmagazine.co.uk News & Reviews for the Residential Property Sector Fri, 23 Feb 2024 12:09:47 +0000 en-GB hourly 1 https://www.padmagazine.co.uk/wp-content/uploads/2023/11/favicon-pad-150x150.jpg into – Property & Development Magazine https://www.padmagazine.co.uk 32 32 Forbes Global Properties Forms Exclusive Partnership with Quinta do Lago Real Estate Following Expansion into Portugal  https://www.padmagazine.co.uk/press-releases/forbes-global-properties-forms-exclusive-partnership-with-quinta-do-lago-real-estate-following-expansion-into-portugal/ https://www.padmagazine.co.uk/press-releases/forbes-global-properties-forms-exclusive-partnership-with-quinta-do-lago-real-estate-following-expansion-into-portugal/#respond Fri, 23 Feb 2024 12:09:45 +0000 https://www.padmagazine.co.uk/?p=22891 Quinta do Lago Real Estate, the luxury residential resort in the Algarve, is delighted to announce its exclusive new…]]>

Quinta do Lago Real Estate, the luxury residential resort in the Algarve, is delighted to announce its exclusive new partnership with Portugal Forbes Global Properties. Through this new partnership, properties in this premium location of Portugal will now be available through the luxury real estate platform Forbes Global Properties, sitting proudly alongside the world’s finest portfolio of high-end real estate.  

This innovative collaboration combines Quinta do Lago Real Estate’s years of local expertise with Forbes’ global recognition and prestige of Forbes’ luxury real estate agency in Portugal. Earlier this year, Forbes Global Properties expanded its international presence and opened in Portugal through luxury specialist, Modern, a full-service real estate agency assisting high net worth individuals, developers and investors in the luxury residential market. Focusing specifically on the top 1% of the market, Portugal Forbes Global Properties now represents the most coveted properties in desirable locations that include Cascais, Comporta, and, today, Quinta do Lago. 

According to Sean Moriarty, CEO of Quinta do Lago: “This partnership with Forbes is proof of our unwavering commitment to luxury, exclusivity, and offering unparalleled properties. The brand’s reputation and the demanding nature of Forbes’ high-end client network perfectly align with our lifestyle vision, strengthening our position as a unique destination for those seeking modern properties and quality of life.”

He adds: “This partnership highlights confidence in our expertise, reinforcing our position in the luxury real estate sector in Europe. Together, we are ready to redefine the lifestyle in the Algarve and elevate Quinta do Lago to new heights of global recognition.” 

Pedro Teixeira Santos, CEO of Modern and representative of Forbes Global Properties in Portugal, comments: “The partnership with Quinta do Lago is a significant achievement for Portugal Forbes Global Properties. Quinta do Lago is one of the best resorts in Europe, where local and international clients are attracted by the quality of the properties and the exclusive lifestyle offered. We found in Quinta do Lago Real Estate the ideal partner, who, as the developer of the resort, has an unparalleled level of local market expertise and shares the same service excellence philosophy our client’s demand. This strategic partnership reflects the joint commitment of both companies to raise the service quality in the luxury real estate market and meet the unique needs of clients,” he states. 

Considered one of the most highly regarded residential and golfing resorts in Europe, Quinta do Lago boasts a continuously developing real estate market with a premium portfolio of luxury properties ranging from resales to brand new developments. Despite boasting a variety of luxury homes that feature high-end amenities, the resort continues as a low-rise and low-density region that is ecologically driven and built with sustainability in mind. Quinta do Lago resort also boasts a state-of-the art high-performance centre, The Campus, along with three award-winning golf courses, a boutique hotel, called The Magnolia Hotel, its own Q Farm and a wide selection of restaurants. 

Established in 2020, Forbes Global Properties, founded and led by the world’s leading luxury residential brokers, is an exclusive consortium of top real estate firms representing many of the world’s finest homes and properties for sale.

For more information, please visit www.quintadolago.com/

For more information on Forbes Global Properties, please visit www.forbesglobalproperties.com/

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Findable launches into the UK: Transforming commercial real estate and facilities management with cutting-edge AI documentation solutions https://www.padmagazine.co.uk/press-releases/findable-launches-into-the-uk-transforming-commercial-real-estate-and-facilities-management-with-cutting-edge-ai-documentation-solutions/ https://www.padmagazine.co.uk/press-releases/findable-launches-into-the-uk-transforming-commercial-real-estate-and-facilities-management-with-cutting-edge-ai-documentation-solutions/#respond Tue, 20 Feb 2024 08:55:39 +0000 https://www.padmagazine.co.uk/?p=22824 Enabling document digitalization, compliance and sustainability for the world’s largest asset class Findable, which automates building documentation using…]]>

Enabling document digitalization, compliance and sustainability for the world’s largest asset class

Findable, which automates building documentation using Artificial Intelligence (AI), has arrived in the UK to solve building document chaos, using AI to read and automatically sort over one million documents for its customers to date. Building documentation is a key factor in cost and risk management and yet all too often property owners keep a mixture of analogue and digital systems.

Findable digitises building documentation, using AI to automatically categorise documents, provide compliance status and allowing users to locate specific information via a search function. The software is able to analyse headlines, pictures and drawings, and quickly conclude what the document shows and how it should be organised. It also produces a red flag report for each building which shows a building’s compliance status with items organised by what is required by law or operationally recommended.  The red flag report shows what’s missing and assists users in filling these gaps.

Building documentation or the ‘instruction manual’ of a building can relate to anything from the construction history and contractor details to maintenance information on HVAC units, pipes, electricals and fire safety. Storing this documentation safely and organising it in an easily accessible way is necessary to ensure routine facility management, inspection and certification processes. Poorly organised documentation results in additional costs for building owners while the physical storage of documents can frequently result in loss or damage.  With Findable, documents are more secure, complete and can be mined for information. This reduces the time consuming and manual process of managing complex documents, enabling construction companies and facility managers to streamline the process of inspections and certifications.

The volume of documentation in construction is increasing which is why Findable has made it easy for building owners to interact with their buildings.  To start, owners just drag and drop existing documentation and the files are automatically organised across 300+ categories all of which are searchable and accessible. Users can, for example, ask directly about the dimensions of a ventilation system and the answer references the document in which Findable found the information, so that users can manually verify the answer.       

Renovating buildings and reusing building materials is key across Europe but the challenge is the lack of knowledge around how old the materials are, what they are made of, or how much longer they are safe to use.  “To reach the climate goals, we have to reuse as much of the world’s materials as possible, but we need documentation in place to make it happen”, says CEO and Co-founder of Findable, Fredrik H. Wisløff.  “Then there is also an associated key safety challenge which the recent RAAC issue highlighted” Wisløff continues.    “Our system works for schools but also offices, shopping malls, warehouses so can be used by a mixture of public sector, banks and private commercial companies from large-scale problems to more day-to-day maintenance issues.”

“The UK is the obvious next step in Europe for Findable” adds Wisløff  “with London rightly perceived as the real estate capital of Europe.  And yet, our research shows that digitization here is behind the curve. Documentation may be the boring, but essential part, of this highly regulated industry. But we also play an important role in helping building owners in the green premium/brown discount issue as it has never been more important for banks to show a green portfolio among their CRE customers. To put it simply, if you don’t have your documents in order, you won’t get (good) financial deals either”.

The facilities management sector in Europe is a massive market undergoing its own digital transformation. The construction industry, property developers and facility managers all require digital solutions to meet complex regulatory and sustainability requirements. Findable’s solution provides easy access to the right building documentation, supporting workflow automation and thereby removing a major bottleneck.

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Leading global insurer Zurich Insurance moves into Farnborough Business Park https://www.padmagazine.co.uk/press-releases/leading-global-insurer-zurich-insurance-moves-into-farnborough-business-park/ https://www.padmagazine.co.uk/press-releases/leading-global-insurer-zurich-insurance-moves-into-farnborough-business-park/#respond Thu, 08 Feb 2024 16:08:32 +0000 https://www.padmagazine.co.uk/?p=22666 Frasers Property UK has secured Zurich Insurance for a new 6,000 sq. ft. 10-year lease at Farnborough Business…]]>
  • The company has taken 6,000 sq. ft. of office space on the top floor of 110 Pinehurst Square at Farnborough Business Park

Frasers Property UK has secured Zurich Insurance for a new 6,000 sq. ft. 10-year lease at Farnborough Business Park, Hampshire. 

The company, which insures local authorities, housing associations, charities and voluntary organisations, and the education sector, will be relocating its Zurich Municipal team from Geneva House in Farnborough. They are joined by colleagues from Claims, and the Customer Office, along with IT and Finance teams. The latter will be in great company at Farnborough Business Park, which has also recently seen leading technology company Lenovo take up residence. 

Amy Brettell, Managing Director, Zurich Municipal, Zurich Insurance, said: “We are delighted to move into our new Farnborough office space. Sustainability is such an important focus of our business, as it is for our customers, and so we wanted to find an office that supported our commitments. The office is BREEAM certified and provides some fantastic facilities to help our team make sustainable choices when commuting to work, including electric vehicle charging points, bike racks and bikes for hire.”

James Nicholson, Chief Claims Officer, Zurich Insurance UK, said: “We’re really excited to offer our staff an attractive place of work that fits with hybrid-working patterns. Break-out areas, a café and outdoor space give people the opportunity to collaborate as a team or focus independently when they need to. Zurich Insurance has had a strong and longstanding presence in Farnborough for many years and we’re excited to continue the next chapter in our new office.”

Christina Cosgrove, Senior Asset Manager at Frasers Property UK, said: “We know that the built environment plays an integral role in helping our occupiers create communities, social cohesion, wellness and more inclusive spaces for their staff. We are delighted to welcome a renowned, household name like Zurich Insurance to Farnborough Business Park; an estate that champions a rich, sustainable environment for all its occupiers. We look forward to building on our partnership with Zurich to develop a new environment where all their staff can work and thrive.”

Farnborough Business Park forms part of the asset portfolio of Frasers Logistics & Commercial Trust, and is a high-quality business park located in Farnborough, Blackwater Valley. Spanning 46.5 hectares, the business park comprises 14 commercial buildings, including nine office buildings, two car showrooms, a mixed-use office and industrial building and two cafes. Frasers Property UK, which supports Frasers Logistics & Commercial Trust in the asset management of Farnborough Business Park, was represented by Hollis Hockley and CBRE. Zurich Insurance was represented by JLL. 

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