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Rebound and Remodel

Welcome to our Rebound & Remodel CMS Insights section. The unprecedented circumstances brought about by Covid-19 mean that we all face a somewhat unpredictable future. However, there are a number of tools businesses can deploy to adapt to future challenges and make the most of opportunities from what is often referred to as ‘the new normal’.

Rebound & Remodel – Preparing for a return to growth

In this section we will be sharing insights on future trends and practical recommendations on tools to assist businesses on a path to future growth. We examine opportunities and risks that are current or that will likely arise in the coming months. The papers published here provide a cross-disciplinary view on a range of issues and scenarios businesses are having to navigate in relation to financial resilience, investment and transactions, people, supply chains, property and facilities, contracts, projects, technology, data, risk and reputational issues, and disputes. 

CMS will be sharing a wide range of content in this Rebound & Remodel insight section which we hope you find useful. We also invite our clients (both existing and potential) to join the debate and contribute their thoughts about our Rebound & Remodel insights either by contacting us directly or via LinkedIn or Twitter.




Re­pur­pos­ing Real Es­tate: The fu­ture of the world's towns and cit­ies
A rad­ic­al re­think for glob­al prop­erty – and where we live, work and play As the real es­tate world emerges from the pan­dem­ic it is clear that all around us the urb­an land­scape is chan­ging. Many prop­er­ties are ob­sol­ete but also have ex­cit­ing fu­tures with new uses. Our town centres and cit­ies are un­der­go­ing fun­da­ment­al change – which all adds up to a world fo­cused on Re­pur­pos­ing Real Es­tate.Now in its tenth year, our Real Es­tate Thought Lead­er­ship series has covered top­ics such as the rise of in­ter­na­tion­al in­vest­ment in the UK, the growth of tech, the fu­ture of the of­fice, the rap­id rise of in­dus­tri­al & lo­gist­ics and the ar­rival of build-to-rent as a ma­jor as­set class.This year, with the Gov­ern­ment hav­ing pub­lished its Lev­el­ling Up & Re­gen­er­a­tion Bill, we fo­cus on the fu­ture of towns and cit­ies not only in the UK but in a series of key glob­al in­vest­ment hubs: Ger­many, France, the Neth­er­lands, Spain, Singa­pore and the United Ar­ab Emir­ates.After two years of lock­downs, work­ing, shop­ping and so­cial­ising at home, a de­bate is ra­ging about the fu­ture of town and city centres. Will they re­cov­er? How will they look in ten years? Will urb­an­isa­tion go in­to re­verse? And what does this mean for the real es­tate world?In `Re­pur­pos­ing Real Es­tate’ we provide the first an­swers hav­ing polled more than 300 lead­ing in­dustry pro­fes­sion­als and al­most 15,000 glob­al con­sumers.The res­ults are fas­cin­at­ing: al­most a third of real es­tate is ear­marked for con­ver­sion – with re­tail and of­fices to hous­ing the most pop­u­lar choices. Con­sumers want more green and open space, hav­ing spent too long con­fined to their own homes.But the good news is that in­vestors, hav­ing come through the pan­dem­ic, are still con­fid­ent in real es­tate as an as­set class. The big changes will be in what prop­erty they in­vest in, mean­ing the places we live, work and play in may be very dif­fer­ent in the years to come.
In­dustry lead­ers be­lieve pen­sion funds will take a hit as a res­ult of the con­tin­ued ex­ten­sion of the morator­i­um on un­paid rent, which won’t sup­port ten­ant re­cov­ery in the long term  The de­cision by...
Be­ing open about data
Cov­id-19 has put data in the spot­light more than ever. Without the wide­spread use of data and data ana­lys­is, com­bined with the pro­lif­er­a­tion of data shar­ing, man­age­ment of the pan­dem­ic would have...
Re­bound & Re­mod­el: Scot­tish in­de­pend­ence: The road to the EU
The May 2021 Scot­tish elec­tions re­turned a pro-in­de­pend­ence ma­jor­ity to the Scot­tish Par­lia­ment with a man­date to re­quest a second In­de­pend­ence Ref­er­en­dum. It is not clear when such a re­quest will be made or wheth­er the UK Gov­ern­ment would agree to such a re­quest but the de­bate about in­de­pend­ence will have a great­er pro­file. Brexit has been one of the main reas­ons why there has been an in­crease in sup­port for in­de­pend­ence among Scot­tish voters and the Scot­tish Gov­ern­ment has stated that an in­de­pend­ent Scot­land would seek to re­join the EU. This pa­per dis­cusses what the EU ap­plic­a­tion pro­cess would look like if Scot­land were to vote for in­de­pend­ence, and what is­sues would need to be ad­dressed by the Scot­tish Gov­ern­ment and the Scot­tish Par­lia­ment.
Re­bound & Re­mod­el: Scot­tish in­de­pend­ence: An in­de­pend­ent Scot­tish cur­rency
Fol­low­ing the elec­tion of a pro-in­de­pend­ence ma­jor­ity in the Scot­tish Par­lia­ment in the May Scot­tish elec­tions, the like­li­hood of a second in­de­pend­ence ref­er­en­dum has in­creased. It is likely that, as part of the de­bate, there will be a fo­cus on what cur­rency might be used in an in­de­pend­ent Scot­land. In 2014, Scot­tish Gov­ern­ment pro­posed a cur­rency uni­on with the re­main­ing UK (rUK) but this pro­pos­al has been side­lined due to op­pos­i­tion from the UK Gov­ern­ment, whose con­sent would be needed.This means that the most likely cur­rency op­tions avail­able to an in­de­pend­ent Scot­land would be (1) con­tin­ued use of Ster­ling, (2) “ster­lingisa­tion” or (3) a free-float­ing Scot­tish cur­rency.
Sup­ply chains – Con­tin­gency plan­ning for fu­ture dis­rup­tion (Video)
The COV­ID-19 crisis has high­lighted just how quickly and how eas­ily un­ex­pec­ted events can dis­rupt sup­ply chains. In a world where the trend in re­cent years has been for sup­ply chains to op­er­ate on an...
Re­bound & Re­mod­el: Scot­land's road to re­cov­ery
Much of our at­ten­tion has turned to Scot­land’s road to re­cov­ery post pan­dem­ic, post-Brexit and post-elec­tion.  As a na­tion, Scot­land is still ad­dress­ing a cata­stroph­ic pan­dem­ic and is in the midst of an un­cer­tain eco­nom­ic land­scape ahead. It is deal­ing with the UK’s exit from the EU and the re­cent Scot­tish gen­er­al elec­tion, which has firmed up the pro­spect of an­oth­er in­de­pend­ence ref­er­en­dum in the me­di­um term.  
Scot­tish in­de­pend­ence - The road to a second ref­er­en­dum?
On 18 Septem­ber 2014, the Scot­tish elect­or­ate voted on wheth­er Scot­land should be­come  an in­de­pend­ent coun­try. The res­ult was 55/45 in fa­vour of re­main­ing part of the United  King­dom but in the af­ter­math of Brexit sup­port for Scot­tish in­de­pend­ence has in­creased. Re­cent opin­ion polls have shown that Scots are evenly split on the is­sue of in­de­pend­ence. In the run-up to the Scot­tish Par­lia­ment elec­tions on 6 May 2021, the two main pro-in­de­pend­ence parties, the Scot­tish Na­tion­al Party (SNP) and the Scot­tish Greens, cam­paigned for a man­date to hold a second in­de­pend­ence ref­er­en­dum whilst the pro-Uni­on parties  cam­paigned against a fur­ther ref­er­en­dum. Whilst the SNP were one seat short of an over­all  ma­jor­ity, the elec­tion pro­duced a clear pro-in­de­pend­ence ma­jor­ity in the Scot­tish Par­lia­ment  with 72 out of 129 seats. The First Min­is­ter, Nic­ola Stur­geon, has made it clear that she views  the elec­tion res­ult as be­ing a man­date for hold­ing an in­de­pend­ence ref­er­en­dum dur­ing the  life­time of the cur­rent Scot­tish Par­lia­ment. 
Rent Re­lief – Op­tions for Land­lords and Ten­ants
Over the past 12 months, we have seen short-term stat­utory in­ter­ven­tion in vari­ous jur­is­dic­tions and tem­por­ary rent con­ces­sions agreed between land­lords and ten­ants try­ing to mit­ig­ate the im­pact of Cov­id...
Green­ing your sup­ply chain (Video)
Many busi­nesses want to turn the im­pact of COV­ID-19 on their sup­ply chains in­to an op­por­tun­ity to im­prove ef­fi­ciency and in­crease mar­gins. They can do so by in­teg­rat­ing sus­tain­able en­vir­on­ment­al pro­cesses...
The im­port­ance of ef­fect­ive health and safety meas­ures to suc­cess­fully...
Over the years pre­ced­ing the COV­ID-19 pan­dem­ic, health and safety struggled to make head­line news un­less a ser­i­ous in­cid­ent oc­curred, such as the tra­gic loss of life in the Gren­fell Tower fire. However...
Pre­pare for scru­tiny of your be­ha­viour - 2021 and bey­ond (Video)
As the world takes stock of glob­al events in 2020, many will be hop­ing for more stable, and bright­er, times ahead. Amidst the sea of change that 2020 brought, it also saw a slow­ing of daily life and more...