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declared in five regions, including auckland, as strong winds and heavy rain have brought down trees and damaged power lines. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go take a look at what s on the show. the cities that went to sleep for the pandemic are waking up, but how much are the world s great metropolises bouncing back and can they ever get back to where they were? with hybrid and remote working still in place in much of the world, what is the impact on our great cities, their restaurants, economies and property prices? i m going to be discussing all of that with these two. dr megan walters, global head of research at allianz real estate, and julian metcalfe, the big boss of the asian food chain itsu. plus, i sit down with yuriko koike, the governor of tokyo, to get her view on how one of the world s great capitals is faring after the olympics and the pandemic. and if tha ....
now on bbc news, talking business hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go take a look at what s on the show. the cities that went to sleep for the pandemic are waking up, but how much are the world s great metropolises bouncing back and can they ever get back to where they were? with hybrid and remote working still in place in much of the world, what is the impact on our great cities, their restaurants, economies and property prices? i m going to be discussing all of that with these two. there they are. dr megan walters, global head of research at allianz real estate, and julian metcalfe, the big boss of the asian food chain itsu. plus, i sit down with yuriko koike, the governor of tokyo to get her view on how one of the world s great capitals is faring after the olympics and the pandemic. and if that wasn t enough, we ve got the global boss of christie s who talks dealing with antiques, technology and real pe ....
with police, outside a hotel providing refuge for asylum seekers on merseyside in northwest england. you re watching bbc news. now it s time for talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go take a look at what s on the show. the cities that went to sleep for the pandemic are waking up, but how much are the world s great metropolises bouncing back and can they ever get back to where they were? with hybrid and remote working still in place in much of the world, what is the impact on our great cities, their restaurants, economies and property prices? i m going to be discussing all of that with these two. there they are. dr megan walters, global head of research at allianz real estate, and julian metcalfe, the big boss of the asian food chain itsu. plus, i sit down with yuriko koike, the governor of tokyo to get her view on how one of the world s great capitals is faring after the olympics and the pandemic. ....
as predicted, harry styles is one of the night s big winners. you are watching bbc news. now it s time for talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go take a look at what s on the show. the cities that went to sleep for the pandemic are waking up, but how much are the world s great metropolises bouncing back and can they ever get back to where they were? with hybrid and remote working still in place in much of the world, what is the impact on our great cities, their restaurants, economies and property prices? i m going to be discussing all of that with these two. there they are. dr megan walters, global head of research at allianz real estate, and julian metcalfe, the big boss of the asian food chain itsu. plus, i sit down with yuriko koike, the governor of tokyo to get her view on how one of the world s great capitals is faring after the olympics and the pandemic. and if that wasn t enough, we v ....
People leave some of the higher density cities and actually move to what we call the sunbelt cities, places like austin, dallas, miami and phoenix, in search of a lower cost of living and better weather. what is really interesting is since then, two things, first of all, people have stayed in those sunbelt cities. you can see things like high frequency data such as restaurant bookings remain above pre pandemic in those lovely cities. but also, interestingly, people are returning to high density cities. so, for example, residential rents in new york are back above pre pandemic levels and we ve got residential rents rising in other global cities, london, singapore, berlin, sydney and milan. this is very much showing that people are staying in cities. that brings us to how we work which is probably the biggest single change out of the pandemic. hybrid working, probably here to stay, and what it means for cities in an era of hybrid ....