Page 118 - planet_rent
P. 118

Branding and lifestyle means detailed consideration of the facilities, amenities and operating income.

                 Ringley  have  been  tracking  the  facilities  arms  race  and  our  research  confirms  that  ‘the  clubroom’
                 culture is already established as a must for London, as is fitness.  The Collective’s Old Oak development
                 demonstrates  a  model  where  clubroom  space  is  at  the  expense  of  personal  living  space  -  outside
                 London it remains to be seen if in higher priced cities people will so willingly forgo the privacy and
                 square feet.   In early developments (re-factored build for sale developments) ‘community’ has taken
                 less of a focus, particularly outside London, we feel that this is merely a picture of an emerging market
                 as we only have to look to the social media of the ‘millennial’ to draw that ‘social, clever, interaction’ is
                 what builds the brand.  The context is a myriad of trade off choices from price point to accessibility to
                 exclusivity, need and aspirational desire.  Preference is also guided by gender, age and overall fitness or
                 health life choices.






























































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