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
Liverpool city centre could soon face an undersupply of Grade A office space, says GVA. Very few new and Grade A refurbishment schemes have been speculatively developed in recent years, and none are scheduled to start on site in the foreseeable ... Read more
The UK commercial property market improved significantly during June, with total returns at the All Property level of 0.7%, says CBRE. This takes total returns during the second quarter of 2013 to 1.9%. Capital values continued to grow, rising 0.2% ... Read more
