UK’s Top Desirable Green Places to Live

Patrick Chambers
2 min read

The university city Cambridge has earned a significant accolade: the top ranking on BNP Paribas Real Estate’s proprietary location analysis model, Next X. 

 

Next X is a unique digital tool which provides real estate decision-makers with fresh, optimised perspectives on which are the best UK locations to invest, relocate and expand into. Next X facilitates users’ understanding and analysis of the UK’s various locations through an extensive range of metrics (30 were added in the latest update this year) and 5,700 data points. 

 

The first is New Skills and Transition. This pillar studies university and student data to try to ascertain where the workforce of the future will be based. Business funding and startup survival rates are also taken into account so that an area’s ability to withstand economic and technological advance can be understood.The second is Health and Wellbeing. This is analysed by tracking data points such as the methods residents use to commute and CO2 levels. Third is titled Real Estate and Infrastructure 2.0 and hones in on how well positioned a location is for: the transition to 5G, electric cars and building digital connectivity. The last pillar is Community and it attempts to weigh up the social benefits of living in a certain location by analysing metrics such as the number of independent shops and niche retail offerings.

 

Cambridge ranked first for a number of reasons. First, it has the highest level of bicycle parking available, at 220 spaces per 10,000 people. There is also the fact that three times the number of Ultra Low Emission Vehicles are in use compared to four years ago. Cambridge performed extremely well in terms of innovation. The city owes this to its 152-acre science park, which houses many world-leading pioneers in science and technology, including Owlstone Medical are developing breathalyser for disease, which aims to detect cancer, inflammatory and infectious diseases earlier than ever before. FTSE 100 biotechnology giant AstraZeneca and leading financial crime prevention company Featurespace. Nearby the city’s science park in Sawston, Huawei are building a £1bn research and development centre and ARM Holdings, Britain’s semiconductor trailblazer, have their offices, spread across four buildings. It is unsurprising that the city performed well on the Next X metric which analyses the number of patent application submissions. 

 

ARM Holdings Offices. Image: Hundven Clements Photography

 

Cambridge is indeed no stranger to these sorts of accolades. In 2019, Savills Investment Management ranked the city as Europe’s third most dynamic, including first place for inclusion, second for inspiration and innovation along with fifth for infrastructure. Furthermore, City Benchmarking Data ranked the city first for startups per capita in 2018 as well as third for number of patents per capita in Europe. 

 

Cambridge is moving forward in leaps and bounds, leaving behind the rest of the UK other than London. 

LEAVE A COMMENT
Recent Articles
Subscribe


Sign up to receive the Propeterra's newsletter and exclusive property news and updates. You can unsubscribe at any time by clicking on the unsubscribe links in our emails.

 

 

posts by tag

See all

Market Cover_Emerging Markets-1

 

Market Cover_Frontier Markets-1

 

Market Cover_Special Situations-1-1

 

Market Cover_Developed Markets-1

 

Recent Articles

3 minutes read

Mongolia’s Active Diplomacy in a Post-COP World

In November, Mongolia celebrated sixty years as part of the United Nations (UN). For many countries, this means little, as such milestones, by definition, come and pass on a regular basis. It assumes greater importance for Mongolia, though, given the particular geopolitical framework it has to work with. By dint of geography, this vast country has an unusual position. In a strategically important location between Russia and China, it is relevant to not only its own prosperity but also the broader world. Since independence, Mongolia has tried to maintain constructive relations with those it shares borders, but also to project beyond North Asia. Its successful third neighbour policy, takes in partners from South Korea to Japan, India to the United States.

Mongolia

4 minutes read

Investing in Good or a Good Investment?

How can we judge the environmental impact of property development?
‘Sustainable’, ‘green’, ‘eco-friendly’, ‘ethical’: too frequently seen as - and
used as - zeitgeisty buzzwords to allay any discomfort investors may feel
over looking for the next most profitable venture. But anyone with even
half an eye on the news and weather reports can see that environmental
sustainability can not be merely an optional consideration when planning
developments or deciding where to invest – especially when it comes to
real estate, given that almost 40% of carbon emissions are from the built
environment. But in a world with such interconnected systems and
ecologies, how can we predict impacts that may be surprising and far
reaching?

AidData, a research lab at the College of William and Mary, Virginia, has
been developing the technology and resources to do just that. Their team
includes economists, political scientists, geographers, developers,
program evaluators, policy analysts, and communications professionals,
and they work with 21 different countries in Asia, Latin America and
Africa, using data and hard evidence to improve policy and development
outcomes, helping policymakers to move towards the UN’s 17 Sustainable
Development Goals.

Using satellite, household survey, economic, health, and other spatial
data, along with machine learning analysis and super-accurate data on
geographical boundaries, AidData have created various tools to analyse
the impacts of various development programs, and to predict whether
similar programs would work in other locations. Their Geospatial Impact
Evaluation methods enable fast and rigorous analysis of outcomes for
localised development projects, replicating the standards of a randomised
controlled trial. Development agencies and governments are able to very
quickly discover whether some certain infrastructure project, for example
irrigation systems or village road improvement, had the desired effect on
outcomes like infant mortality, poverty, or deforestation. The highly
localised and granular data can also show whether outcomes are uneven
from region to region, allowing more targeted development in future.
Is there a way we can apply the same rigorous impact-analysis to our
small-scale investments that AidData is enabling international
development agencies and world governments to apply to their
investment in aid, infrastructure, health, and other initiatives?

Environmental, Social, and Corporate Governance are becoming ever
more important criteria when analysing an investment’s risks and
opportunities. In many emerging markets such as Malaysia and Indonesia,
the Islamic finance sector is growing more and more influential too, with
its strong alignment to ESG principles. Propeterra is looking at ways to
adapt the Geospatial Impact Evaluation methods created by AidData and apply them to affordable and social housing projects in emerging and

Social Impact

4 minutes read

Addressing the Global Affordable Housing Shortfall

 

Housing Crisis