Planning rules that rigidly dictate particular building uses in particular geographic areas are damaging to the property industry, Structadene chairman David Pearl, tells Property Week in this month’s podcast
Pearl says one of his main gripes, along with the scrapping of empty rates relief, is that building uses are not flexible. Pearl also speaks frankly about his career in the property industry, from starting out as a 15-year-old who earned his living packing cardigans into boxes.
He tells Property Week podcast host James Max about how, over the recession, his business had turned “into a property management” company, focused on collecting rents. He talks about why he decided to sell buildings — “one of our banks was in trouble” — and explains why, although he still enjoys his job, he no longer has an “insatiable appetite to buy buildings”.