About Somkay Steven Okonkwo

How do we keep investors interested in UK property?
In order to keep investors interested in UK property, Britain must focus on it's rich heritage. Much of the UK's wealthiest investors come from newly rich countries such as The UAE, kuwait, China and Brasil - countries that lack the diverse and historic traditions that have left their indelible mark on our country's properties.
The above, combined with Boris Johnson's zealous passion when 'selling' the UK on overseas visits has given rise to what I think of as 'Brand Britain'. Events such as the 2012 Olympics and The Queen's Jubilee have catapulted our small Island onto the world stage, more so than ever, meaning that it has never been more attractive to own a stake in the UK, through property. This is shown by the fact that the reason why properties are in exclusive London areas such as Kensinton and Chelsea and Westminster are snapped up by wealthy Brazillians and Russians is because the UK is seen as a port in the storm from economic woes, while affording the children of said investors the opportunites to gain a cultural understanding, in our country's leading educational institutions such as Eton or Oxford, which are also famed for their enduring heritage.
Featured articles and news
CIOB Apprentice of the Year 2024/2025
CIOB names James Monk a quantity surveyor from Cambridge as the winner.
Warm Homes Plan and existing energy bill support policies
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Treasury responds to sector submission on Warm Homes
Trade associations call on Government to make good on manifesto pledge for the upgrading of 5 million homes.
A tour through Robotic Installation Systems for Elevators, Innovation Labs, MetaCore and PORT tech.
A dynamic brand built for impact stitched into BSRIA’s building fabric.
BS 9991:2024 and the recently published CLC advisory note
Fire safety in the design, management and use of residential buildings. Code of practice.
NBS launches industry guide for specification writing
Available for free and as immediate download.
Peter Barber’s work revives forgotten building types.
Insights of how to attract more young people to construction
Results from CIOB survey of 16-24 year olds and parents.
Focussing on the practical implementation of electrification.
Preston flood scheme completes primary school SuDS
Three primary schools benefit from SuDS schemes.
Sustainable Urban Drainage and Biodiversity
Awards for champions of these interconnected fields now open.
Microcosm of biodiversity in balconies and containers
Minor design adaptations for considerable biodiversity benefit.
CIOB student competitive construction challenge Ireland
Inspiring a new wave of Irish construction professionals.
Challenges of the net zero transition in Scotland
Skills shortage and ageing workforce hampering Scottish transition to net zero.
Private rental sector, living standards and fuel poverty
Report from the NRH in partnership with Impact on Urban Health.
.Cold chain condensing units market update
Tracking the evolution of commercial refrigeration unit markets.