NovaLoca Blog https://www.novaloca.com/blog Commercial property news, tips and advice for business owners and occupiers Mon, 23 May 2022 11:02:34 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.20 Knight Frank – How inflationary pressures are heightening the need to upgrade logistics networks and facilities. https://www.novaloca.com/blog/index.php/2022/05/23/knight-frank-inflationary-pressures-heightening-need-upgrade-logistics-networks-facilities/ https://www.novaloca.com/blog/index.php/2022/05/23/knight-frank-inflationary-pressures-heightening-need-upgrade-logistics-networks-facilities/#respond Mon, 23 May 2022 08:51:41 +0000 https://www.novaloca.com/blog/?p=11386 For current Knight Frank listings on NovaLoca click here. How inflationary pressures are heightening the need to upgrade logistics networks and facilities. Rising costs mean operators must look to improve efficiencies to maintain profit margins. This will drive demand for more greener, fuel efficient fleet and facilities. It is likely that operators will increasingly be looking at optimising location, increasing automation, better utilisation of warehousing space or reducing the length and complexity of their supply chains; holding more stock closer to the consumer to reduce supply chain risks and minimise freight costs.  Oxford Economics is forecasting gas prices in Europe to double this year, increasing by 103%. Natural gas is important for electricity generation and higher gas prices will be reflected in higher electricity costs. Rising energy bills are adding to operators’ costs, and tenants in less efficient facilities face having their margins dented most. This may prompt greater interest in green energy and onsite power generation and storage as a way to reduce reliance on grid power and the impact of price shocks. Rising fuel prices and disrupted supply chains have pushed up the cost of transportation and shipping. Some operators will be looking to hold greater stock volumes in order to protect their order books, which will require greater storage capacity. Other operators will look to improve their fleet operations, with greener, more fuel-efficient transport modes or vehicles.  Operators need to improve energy performance and sustainability, optimising their facilities and distribution networks is now more crucial than ever and this will mean continued demand for well located, high quality facilities. Sustainability features and energy performance will become increasingly important to occupiers. What about slowing e-commerce growth? Some operators have recently announced a pause in their network expansion plans as slowing e-commerce growth coupled with rising geopolitical uncertainty, heightened market volatility and inflationary pressures lead to a shift in business strategies. However, Amazon’s recent report of slowing growth has been misinterpreted by many as a contraction.  The “race for space” we have witnessed for warehousing over the past couple of years will ease as the e-commerce market matures, though the sector remains in expansionary mode.  The pandemic accelerated the growth of online retail and drove retailers and distribution firms to acquire space and rapidly expand their footprint and capacity, to capture a share of the growing market. E-commerce will continue to be a key driver of occupier demand for warehousing space and many firms have committed to space that is not yet built, demonstrating their plans for further growth over the longer term.  Logistics operators will continue to drive take up of warehouse space, with demand being driven mainly by a need for strategic improvements and upgrades to distribution networks and facilities, rather than a rapid upscaling of operations. Diverse tenant base The strength of the occupier market is underpinned by an increasingly diverse mix of occupiers seeking space. Warehouse space is being sought after by less traditional operators such as film studios, data centres, advanced manufacturing.  The rise... Read more

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OMEETO Clinches Major Instruction With Entain Plc https://www.novaloca.com/blog/index.php/2022/05/23/omeeto-clinches-major-instruction-entain-plc/ https://www.novaloca.com/blog/index.php/2022/05/23/omeeto-clinches-major-instruction-entain-plc/#respond Mon, 23 May 2022 08:35:54 +0000 https://www.novaloca.com/blog/?p=11360 Commercial property consultants OMEETO has announced a new partnership with one of the world’s most successful sports betting and gaming groups. OMEETO will assist Entain plc – a FTSE 100 company which operates in over 20 countries worldwide – in the disposal of their surplus commercial properties throughout the Midlands and South Yorkshire. Entain’s brands include household names such as Ladbrokes and Coral. OMEETO owner Chris Wright, who will handle the disposals alongside commercial property agent Caine Gilchrist, said: “We’re thrilled to be working with Entain plc. They’re one of the biggest betting and gaming groups on the planet. Their brands are well-known high street staples, so this is a great project to be involved with. “We will be helping the group to dispose of well positioned properties, in prominent locations that are likely to appeal to a broad range of High Street occupiers. “Initial instructions include shops to let in Nottingham, Sheffield and Birmingham. We were well positioned to service the contract from our existing offices in Nottingham and Derby with the West Midlands’ insight brought by my Associate Director, Caine Gilchrist. “We are thrilled Entain PLC, a major corporate client, have chosen to work with OMEETO. This is testament to the team’s hard work and fresh approach to commercial property marketing.” For occupier enquiries please contact chrisw@omeeto.co.uk.

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Ivy Business Centre – Ramsden House https://www.novaloca.com/blog/index.php/2022/05/23/ivy-business-centre-ramsden-house/ https://www.novaloca.com/blog/index.php/2022/05/23/ivy-business-centre-ramsden-house/#respond Mon, 23 May 2022 08:33:21 +0000 https://www.novaloca.com/blog/?p=11368 Ivy Business Centre share details of their Ramsden House centre in Huddersfield. Ivy Business Centre is an independent company with over 10 years experience providing business centre & work space rentals. Over the past 10 years, they have developed a strong reputation for providing a professional service of the highest standard with particular attention to individual custom based requirements. They also operate two business centres in both Manchester and Wales solving peoples office space requirements. Ramsden House is situated in the heart of Huddersfield town centre, next to the Town hall and Library. With a thriving array of retail, beauty, coffee shops and places to eat, your team will not be short of options at lunchtime. It is fair to say that Ramsden House on New Street, is at the heart of the historical, leafy but vibrant town centre. With excellent access via local transport links, you have a few minutes’ stroll to Ramsden House where facilities include: Street access into the building and lifts to all floors 24-hour access  Private Offices Fully refurbished offices On-site parking, on-site Building manager Kitchen facilities Click here to see current availability on NovaLoca.

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Telsar Strengthen Award Winning Industrial Agency Team https://www.novaloca.com/blog/index.php/2022/05/23/telsar-strengthen-award-winning-industrial-agency-team/ https://www.novaloca.com/blog/index.php/2022/05/23/telsar-strengthen-award-winning-industrial-agency-team/#respond Mon, 23 May 2022 08:27:22 +0000 https://www.novaloca.com/blog/?p=11357 Telsar Ltd, West & North West London Industrial & Logistics Property Specialists have further strengthened their Agency team to keep up with demand created in the sector. Tom Boxall joins the team and is looking forward to hitting the ground running. Tom brings with him a wealth of property knowledge twinned with a media background which will no doubt further increase the gap Telsar has created between itself and its competitors in terms of its impressive and effective marketing campaigns, which include aerial photography, professional brochure design and 360-degree virtual walk-through tours as standard. Bal Panesar, Managing Director at Telsar, is excited about the future of the Industrial / Logistics sector and feels the addition of another team member will allow the company to continue servicing existing and future clients with specialist and independent advice. Telsar continues to grow and expand their market presence with regular new listings on NovaLoca which can be seen here or on Telsar.com.

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Chancerygate and Bridges make European debut in Dublin https://www.novaloca.com/blog/index.php/2022/05/19/chancerygate-bridges-make-european-debut-dublin/ https://www.novaloca.com/blog/index.php/2022/05/19/chancerygate-bridges-make-european-debut-dublin/#respond Thu, 19 May 2022 15:01:44 +0000 https://www.novaloca.com/blog/?p=11378 Developer Chancerygate and specialist investor Bridges Fund Management have acquired a site in Dublin, marking the first joint investment in Europe for their long-standing partnership. The five-acre plot is located on Swords Road in Santry, less than a mile south of Dublin Airport and around five miles north of Dublin city centre. Subject to planning, the partners will speculatively develop 114,000 sq ft of Grade A urban logistics and warehouse space across 14 units ranging from 3,500 sq ft to 20,675 sq ft. All the units will be available leasehold and, once complete, the development will have a gross development value of around €35m. The site was acquired for €4.5m from construction company Careys, which previously used it for office accommodation and civil engineering yard space. It benefits from excellent connectivity due to its proximity to the airport, M50, M1, numerous bus routes and the proposed Dardistown Metro stop. A planning application for the proposed development will be submitted to Fingal County Council within the coming weeks. Chancerygate is the UK’s largest multi-unit industrial developer and asset manager and the only one operating nationwide. The company currently has more than 3.5m sq ft of industrial space under construction or ready for development across 32 sites ranging from Bournemouth to Edinburgh. Chancerygate managing director, Richard Bains, said: “Acquiring the Swords Road site is a very important milestone for Chancerygate as it marks our first ever investment outside the UK. “We have a trusted funding partner in Bridges who shares our vision and is excited by the opportunity to offer our high specification, speculatively built product to the Irish market. “We have a clear strategic growth plan, and expansion into Ireland and further into continental Europe is a central tenet of it. We are actively looking for further opportunities in Ireland and expect to be making further announcements shortly.” Chancerygate has offices in London, Warrington, Birmingham, Bristol and Milton Keynes. The proposed Swords Road development will be overseen by development director, Mike Walker, who is head of the company’s Warrington office. Bridges is a specialist sustainable and impact investor. Its property funds focus on sectors that are well placed to benefit from the transition to a more sustainable and inclusive economy, including healthcare, lower-cost housing and sustainable logistics. Bridges partner, Guy Bowden, added: “In the last few years, in partnership with specialist developers like Chancerygate, we have shown that there is strong market demand for high-quality sustainable logistics sites near urban centres – and that these developments can play an important role in reducing emissions and supporting local economic growth. We are excited to bring this proven model to Ireland and are confident that this development will bring clear benefits to the Dublin area.” Bridges and Chancerygate have been working in partnership with on projects for more than a decade. Investments include acquisitions sites for industrial development in Leeds and Coventry; the regeneration of Beeston Business Park, Nottingham; and the development of ‘The Curve’, a student housing development in London SE1. Chancerygate... Read more

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5 Great Writing Exercises for Content Creators https://www.novaloca.com/blog/index.php/2022/05/17/5-great-writing-exercises-for-content-creators/ https://www.novaloca.com/blog/index.php/2022/05/17/5-great-writing-exercises-for-content-creators/#respond Tue, 17 May 2022 07:55:51 +0000 https://www.novaloca.com/blog/?p=11353 Non fiction writing requires a high level of creativity. When working on content creation not only are you aiming to present accurate information you also need to make it interesting and make an emotional connection with your audience. These are not skills to take for granted, they need to be worked on. It’s important to take time every now and again to stretch your skills with some creative practice. Here are 5 ideas to get you started: 1. Compare and contrast how something used to be to how it is now. This may be a great way to generate content if what you write about is a product or way of working within your company. How about looking at how technology has changed for you or even just the office fashion! 2. Raid your memories of a place and then describe it in detail. What you want to be concentrating on here is your emotional connection to the place. Don’t forget to use all senses, how did that kitchen smell? What did the floor feel like underfoot? Describe the sound of office chatter.  3. Have a go at writing some lists. Think of  a subject large or small and write down everything you can think of connected to it. Again this may actually generate a whole list of ideas you can use, or at least create a social media post for you.  4. Take a skill you are really good at and put together a how to guide. This can be as obscure or as silly as you like! 5. If you consistently write in the same category why not experiment with a different genre? Try a book review, a travel piece or put together a script for video or podcasting. You may even discover a new way to showcase your work! For more ideas and tips in all areas of marketing why not browse more of NovaLoca’s blogs?

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Scrollytelling: Narrative Web Design https://www.novaloca.com/blog/index.php/2022/05/04/scrollytelling-narrative-web-design/ https://www.novaloca.com/blog/index.php/2022/05/04/scrollytelling-narrative-web-design/#respond Wed, 04 May 2022 08:42:51 +0000 https://www.novaloca.com/blog/?p=11348 With a keen interest in the narrative side of marketing and design it has been exciting to see the growing popularity in the web design trend known as ScrollyTelling. This is a type of design that breaks up a long form story with visuals, audio and animation that are triggered just by scrolling down or across a web page or a mobile app, creating an engaging interactive experience.  Because of its high engagement rate and the ability for users to navigate at their own pace, Scrollytelling is a great way to impart complex information, especially if the story you have to tell is linear. For example you could tell the story of your brand or products, display a portfolio, gallery or catalogue, map displays or city guides. The last two examples are particularly suited to sideways scrolling, given the feel of moving through a location.  Here are two examples of amazing Scrollytelling to check out but it’s worth doing a search to find more to inspire you: As you scroll down the page for Apple’s airpods the lighting changes, text appears and then animation demonstrating the fit of the pods.  Here is some beautiful side scrolling discussing NFT Art at Mirrows I love the small circles following my pointer around the screen as I move from one animated piece to another.  However there’s no point using Scrollytelling just because it is trendy. The experience of using the web page or app still needs to provide the best, relevant experience for users. Google completed its Page Experience update for desktops in March 2022 which now means Google expects there to be a great user experience in order for the page to rank highly including good load speeds, interactivity and stable visuals.   Through ZipBox NovaLoca design websites specifically for Commercial Property Professionals. Features include superb property search and display and include a content management system. Contact us at: info@zipbox.co.uk if you are in need of an updated website or property search.

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Carter Jonas -Award Winning Photo and Video Retailer to expand UK presence https://www.novaloca.com/blog/index.php/2022/04/25/carter-jonas-award-winning-photo-video-retailer-expand-uk-presence/ https://www.novaloca.com/blog/index.php/2022/04/25/carter-jonas-award-winning-photo-video-retailer-expand-uk-presence/#respond Mon, 25 Apr 2022 10:42:23 +0000 https://www.novaloca.com/blog/?p=11332 We’ve two items for you from Carter Jonas to enjoy: Click here for the latest Carter Jonas research report led Tim Brooksbank, an Associate Partner in Carter Jonas’s South West Commercial team, which takes a look at the reletting of the retailer GAP’s stores in order to provide a useful insight into current retail trends.  Also the Carter Jonas Bristol retail team shared news of Wex Photo Video (Wex) who is set to nearly double its retail footprint by 2025, with plans to open at least eight new UK stores. Wex, which is the UK’s largest camera specialist, currently has 11 stores nationwide and is fitting out the next one at Bath Street in Glasgow city centre. Wex has appointed Carter Jonas’ Bristol-based Retail and Leisure team to find new outlets across the country with targets including Cambridge, Cardiff, Leicester, Oxford, Reading and Southampton. The retailer’s expansion is part of its drive to invest in physical stores – providing specialist, dedicated services and expertise to photographers and videographers – complementing its online presence. Founded in 1997, Wex offers more than 25,000 products, the largest range of any UK photo and video retailer for both new and used products. It is the winner of many accolades, including ‘Retailer of the Year’, as voted for by readers of Digital Photo/Practical Photography magazines for the past six years, plus numerous other service and content awards. Carter Jonas is leading the search for suitable retail sites of between 2,500- 4,000 sq ft, at prominent, edge of town centre, arterial routes and busy suburban locations that provide good visibility and access to parking on-site or very close by. Stuart Williams, Partner, Commercial, Carter Jonas, said: “Wex’s physical stores play an integral role in its multi-channel retail approach, as illustrated by its opening of fours stores over the last couple of years in Leeds, Newcastle, Milton Keynes and shortly in Glasgow. Its team is committed to providing customers with a great choice together with market-leading knowledge and advice, using all available channels. Wex’s strategy will appeal to many landlords looking to secure a quality retailer putting the customer experience at the heart of what they do.”  

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Ten trends for a Zero Carbon World – Avison Young https://www.novaloca.com/blog/index.php/2022/04/25/ten-trends-zero-carbon-world-avison-young/ https://www.novaloca.com/blog/index.php/2022/04/25/ten-trends-zero-carbon-world-avison-young/#respond Mon, 25 Apr 2022 10:39:16 +0000 https://www.novaloca.com/blog/?p=11328   Ten Trends for a Zero Carbon World,  a report from real estate adviser Avison Young, takes a hard look at how actions to address climate change are impacting the development, investment and occupation of real estate. A key component of the wider Environmental, Social and Governance debate, decarbonisation has wide-ranging implications for the economy, society and the built environment.  The trends that the report covers, includes: How cities are leading the way on tackling climate change. Cities account for a vast proportion of global emissions and are often most exposed to the consequences of climate change. City governments are at the forefront of action to reduce emissions and mitigate the impacts of extreme weather events, with significant implications for real estate.   The climate agenda meets the War for Talent. The post Covid labour market is in a state of flux, with plentiful job openings and record numbers of resignations. Companies’ ESG credentials are set to play a key role in attracting and retaining talented young workers who believe their employer should have a social and environment conscience. The retrofit revolution. The reduction in emissions needed to meet global decarbonisation targets can only occur by improving the environmental performance of existing building stock. In most cases that requires structural improvements, which presents challenge and opportunities in equal measure. Paul Williams, Director, Avison Young in Bristol can see these trends coming to the fore in Bristol’s commercial markets. He says,    “Whilst office vacancy rates in Bristol have increased over the past two years as a result of falling occupancy during the pandemic, overall demand is now rising as more people are returning to the office following the lifting of covid restrictions, and current availability of circa 6% remains low by historic standards. Developments currently under way to deliver more than 600,000 sq ft of new Grade A office space in the city centre will only partially rectify the situation, as evidenced by the fact that a significant proportion of the space under construction has already been pre-let. “With record headline rents in excess of £40.00 per sq ft now being achieved, there is every incentive for landlords to refurbish their buildings in order to meet this anticipated demand, and deliver the type of high quality, flexible and sustainable accommodation which tenants are seeking. The focus on the ESG agenda continues to drive demand as businesses look to improve the quality of their office space in order to attract and retain the best staff, and encourage their own employees back to the office.  “As hybrid working patterns become the norm the office is assuming a key role as the place for collaboration and team working, and with a growing emphasis on wellness and the availability of amenities such as on-site cafés, gyms, and improved facilities for cyclists in the form of secure storage and showers moving higher up the checklist of desirable features, developers and landlords are reacting positively in order to attract occupiers and achieve the best rents.” To... Read more

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5 of the Coolest Offices in the UK https://www.novaloca.com/blog/index.php/2022/04/20/5-coolest-offices-uk/ https://www.novaloca.com/blog/index.php/2022/04/20/5-coolest-offices-uk/#respond Wed, 20 Apr 2022 09:04:43 +0000 https://www.novaloca.com/blog/?p=11325 Although many office workers are now taking a hybrid approach to work for the times we are in the office, being in a cool workspace certainly helps get through the working day. After all, the office is a second home for many and these days can be a recruitment incentive.  What exactly do we mean by cool? According to the online Cambridge dictionary, cool is being fashionable in a way that people admire. Fashion of course, comes and goes in trends but are there core elements that go into office design to make it cool?  Cool design is about more than being trendy and having a pool table. A workspace needs to be inspiring and allow staff to perform at their best. This can be as simple as providing the right technology to meet staff needs, having space that allows for quiet times as well as collaboration. It should be a place that inspires, considers staff well-being and growth, and reflects the company culture.  Here are five offices that are considered cool, so we can judge them and blatantly steal ideas for our own spaces.  Lounge  Lounge are online underwear retailers based in Solihull, West Midlands. Their HQ is home to over 500 staff where there is an emphasis on staff well being with a gym, loungers, a cafe, cinema club, cosy nooks as well as pool and tennis tables.  Unity  Unity is a software company, providing a real-time development platform, based in Brighton. Its office reflects the company’s tech innovations and creativity with a virtual reality lounge, games room as well as colourful murals by local artists. Staff are able to rearrange furniture for different purposes, use a calm coloured workstation if they want to concentrate or go for a drink in the office bar when it’s time to socialise. Moneypenny Based in Wrexham, Wales Moneypenny is a provider of phone answering services. The staff here also have access to a gym, a treehouse meeting room, a cafe and a ‘village pub’. It was designed from a staff wish list with the purpose of retaining a happy workforce.   AO AO, the UK’s largest online appliance retailer, has a head office in Bolton, Manchester and is home to over 700 staff. These staff are well looked after with an onsite restaurant and cafe as well as spa facilities that can be used during working hours. Collaboration is encouraged with themed rooms including a lego meeting room and areas where you can write on the walls. Innocent  Innocent’s headquarters, known as “Fruit Towers’ is in London. The juice company has designed their space to be flexible and to give a sense of community. There is a chill out area with astro turf, benches and bunting. All of which helps to showcase the brand’s quirky nature. Free breakfasts are available and of course unlimited smoothies. Fitness and well being is also catered for with an onsite gym  Don’t forget to search NovaLoca for your own ideal cool office space 

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