It is now possible to convert retail properties to residential use without planning permission, thanks to the new permitted development right (PDR) introduced in the UK last month. If you own a Class A1 or A2 retail property and want to convert it ... Read more
The picture of British high streets in 2014 is often painted as one of empty boarded up shops, desolate streets and all but bookmakers and discounts stores left for the few shoppers that venture away from online shopping. The reality however, ... Read more
Research undertaken by NovaLoca has revealed the most sought after areas for office space in each region of the UK. Using data from Google Analytics to cross-examine the search term ‘office space’ with the names of over 15,000 towns and areas ... Read more
The market for industrial property in West Midlands is beginning to improve, says Lambert Smith Hampton, with the first speculative construction of large industrial warehousing in the region by IM Properties seen as a key ... Read more
The M25 office market is back on track, says Knight Frank, with take-up in the second quarter a “healthy” 623,000 sq ft, 17% above the five-year quarterly average. Emma Goodford, head of National Offices at Knight Frank, says the robust activity ... Read more
The annual cost of a typical air-conditioned UK office is £3 per sq ft in energy use, but this can vary considerably depending on how well a building is managed, says Jones Lang LaSalle. The Real Estate Environmental Benchmark recently launched by ... Read more
I had a great (if a little warm) afternoon at the West London Business Property Lunch on 19 July at the Millennium Gloucester Hotel, says Miranda Munn. Mike Phillips, acting editor of Property Week, spoke about the changing face of UK property, with ... Read more
The market for office space in Leeds has continued to outperform a number of regional markets during Q2 2013, says the Leeds Office Agent's’ Forum (LOAF). Total city-centre take-up reached 203,145 sq ft in the second quarter across 23 transactions, ... Read more
An 11% increase in Grade C office space on the South Coast in the second quarter of 2013 has driven a 4.5% rise in overall availability in the region compared with Q1 to 1.88m sq ft, says Lambert Smith Hampton. Grade A and B office space only ... Read more
Take-up of office space in the West End reached 1.1m sq ft in Q2, says Knight Frank, which is a jump of 54% from the previous year and close to the long-term average of 1.2m sq ft. The figure was down 27% from Q1, but the first-quarter figure was ... Read more
