Archives for May 2015

Central London office availability drops to 14 year low

A report from CBRE has revealed that office availability in London has fallen to the lowest levels since the early 2000s. The amount of available office space in the centre of the capital fell by 3% in the first quarter of 2015, dropping to 10.8m ... Read more

Crown Estate and Oxford Properties announce £145m extension to St James’s development

The Crown Estate and Oxford Properties are set to embark on another joint venture to redevelop part of London St James. The project will be a £145m extension of the current £320m St James’s Market Partnership between the two companies and offer ... Read more

NovaLoca rated the most mobile friendly commercial property portal

NovaLoca is rated as one of the most mobile responsive commercial property portals, according to Google’s mobile friendly test. The test, which can be used to analyse a website’s usability on mobile devices, rates NovaLoca as completely mobile ... Read more

The tax benefits of renovating commercial property

Demand for commercial property in the UK is at the highest level in years and this has inevitably placed a greater strain on development and supply. Due to this pressure, the government has introduced a number of schemes aimed at bringing unused ... Read more

Office space take up in London rises 64%

Research released by property firm DTZ has revealed that the take up of office space in London has risen 64% since the same time a year ago. The research states that take up has increased by around 800,000 sq ft and has been boosted by a number of ... Read more

Conservative election win hailed as positive result for property industry

From certain hung parliament to Conservative majority, it’s been a strange week for British politics. What was described all round as the most uncertain election in years, ended up being a fairly straight forward affair. The impact on the ... Read more

DTZ complete $2bn merger with Cushman and Wakefield

DTZ have completed a mega-merger with Cushman & Wakefield, creating one of the largest real estate companies in the world. Exor, the investment company of Italy’s billionaire Agnelli family, founders of Fiat, agreed the sale for $2bn to DTZ, ... Read more

West London Property Lunch at the Grange St Pauls Hotel

NovaLoca attended the West London Business Property Lunch last Friday, with the focus being very much on the previous day’s General Election. Hosted in the stunning Grange St Pauls Hotel, with its incredible views of St Pauls Cathedral, The Shard ... Read more

Guest Blog – How to avoid being hit by empty property rates

One of the most burdensome issues for businesses today is the level of business rates charged on all commercial premises. There was once a time when such business rates were limited to occupied premises, but this is no longer the case. With ... Read more