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Encouraging signs for Thames Valley offices

June 7, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

King Sturge says “the new decade has started with a glimmer of hope” as it examines the Thames Valley offices market in the first quarter of 2010. After a disappointing end to 2009, the market for office space in the region has made a steady start ... Read more

This entry was tagged: Commercial property, Office Space, Thames Valley

Construction turns positive but concerns persist

June 2, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

RICS says that sentiment turned positive in the UK construction market during Q1 2010 – for the first time in two years. The UK construction market survey for the first quarter showed 5% more chartered surveyors reporting rising rather than ... Read more


Flexibility in the BlackBerry era

May 31, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The design of office space for sale and to let should reflect the increasing demand for flexible working, says the British Council for Offices. The BCO’s annual conference, held last week in London, included a panel entitled “How we work and why we ... Read more

This entry was tagged: Commercial property, Office Space

Scottish market pauses in Q1

May 28, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The recovery in the commercial property market in Scotland lost a little pace during Q1 2010, although total returns were still strong at 5.5%, with capital growth of 3.8%, says CB Richard Ellis. The market is readjusting following unusually strong ... Read more

This entry was tagged: Commercial property, Industrial Unit, Office Space, Retail space, Scotland

Call for action on rates

May 27, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Edward Cooke, executive director of the BCSC, says there is need for action by the new coalition government in the UK on business rates, to alleviate the cost burden on occupiers – which is stifling the recovery in many areas of retail ... Read more

This entry was tagged: Commercial property, Retail space

Sheds are on the up

May 26, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Leasing activity in the industrial property market has been boosted by a revival in the UK’s industrial output, says CB Richard Ellis. New research from the property consultancy says that the take-up of logistics property in Q1 2010 jumped to 4.5m ... Read more

This entry was tagged: Commercial property, Industrial Unit

Time to refurb, says Jones Lang LaSalle

May 24, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

After last week's strong results from major UK property companies, which highlighted the forthcoming scarcity of Grade A office space in London, Jones Lang LaSalle is pointing at the potential of refurbished and improved Grade B stock, given the ... Read more

This entry was tagged: Commercial property, Jones Lang LaSalle, Office Space

UK commercial property racks up £50bn of bad debts

May 21, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The extent of the bad debts among loans made by UK banks to the commercial property sector is only just being recognised, says new research published today in Property Week. The report shows why banks are only considering the very safest loan ... Read more


Hat-trick

May 20, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

After British Land and Land Securities, today it’s the turn of Great Portland Estates. Just in case anyone was still unclear on this: the prospect of a shortage of prime office space in London in the next few years is driving large REITs to ... Read more

This entry was tagged: Commercial property, Office Space, Retail space

Land Secs seeks Walkie Talkie partners

May 19, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Yesterday the Cheesegrater, today the Walkie Talkie. Land Securities is dusting off plans to develop its unusually-shaped tower at 20 Fenchurch St in the City of London, joining the list of key sites that look set to be restarted as demand rises for ... Read more

This entry was tagged: Commercial property, Land Securities, Office Space, Retail space, Walkie Talkie

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