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Empty rates shrink the property market

April 6, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

For the first time since government records on the subject began in 1998, the amount of available commercial property in the UK has fallen, according to research by NB Real Estate. The company, part of Capita Symonds, says that in 2008 around 1.2m ... Read more


Things could turn ugly

April 5, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Economist Roger Bootle has some words of warning for those invested in the commercial property market – or thinking of doing so. Writing in today’s Daily Telegraph , he says that while the current rebound in the commercial property market is not ... Read more


Looking to the next wave of demand

April 2, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

London’s key office markets – the West End, City and Docklands – have returned to significant growth in the first three months of 2010, says Cushman & Wakefield. New data show that companies have been moving quickly to take advantage of ... Read more

This entry was tagged: Commercial property, Office Space

New levies on retailers from today

April 1, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

A new month, and more things for retailers to worry about. The British Retail Consortium has today called on the government to reappraise the property taxes they have applied to businesses, saying new increases threaten “to harm retailers’ ability to ... Read more

This entry was tagged: Commercial property, Retail space

Quarterly rents “archaic”

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

The system of paying rent on a quarterly basis is “archaic”, says the Liverpool Daily Post in a Viewpoint column published today. And recent case law is forcing administrators to shut up shop instead of fighting for struggling businesses, it ... Read more

This entry was tagged: Commercial property, Retail space

FSA “underestimated” lending problems

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

The Financial Services Authority has “underestimated” the extent of the problems facing the commercial property sector with regard to lending, says primary and special servicer Hatfield Philips. The FSA’s Financial Risk Outlook 2010, published ... Read more


Opportunities for retail investment

March 29, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Investors in the UK retail market will have opportunities in all subsectors in 2010 as the rebound in the market is expected to maintain momentum throughout the first half of the year, says CB Richard Ellis. The group’s executive director for ... Read more

This entry was tagged: Commercial property, Retail space

Industrial take-up improves

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

Shortages of prime industrial space could mean that speculative development restarts in some areas of the UK as soon as the end of 2010, says Lambert Smith Hampton in new research published today. LSH’s National Industrial and Distribution Report ... Read more

This entry was tagged: Commercial property, Industrial Unit

Follow the government to the regions

March 25, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

A report on civil service relocations, released to coincide with yesterday’s Budget, recommended that 15,000 government jobs are moved outside London during the next five years. Some rather timely research from Cushman & Wakefield says that ... Read more

This entry was tagged: Commercial property, Office Space

Office parks slow to catch up

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

Office business parks are struggling to keep up with the improvement in the commercial property market seen across the UK, says James Petherick at GVA Grimley in Cardiff. While Central London offices have seen a sharp jump in performance in recent ... Read more

This entry was tagged: Commercial property, Office Space

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