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More City activity

April 13, 2010 by Venetia Cutler posted in: Industry News

Heron Tower, at 110 Bishopsgate, was topped out today. This is currently the tallest building in the City of London, with 46 storeys, and offers 439,560 sq ft of offices with a restaurant and bar at floors 38-40. The tower is 663 ft high but when its ... Read more

This entry was tagged: City, Commercial property, Office Space

City market stirs into life

April 12, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

The Financial Times has commented on the number of commercial property developments that are under way in the City of London. These include projects that had previously been put on hold but are now being restarted, the paper says. Developers are ... Read more

This entry was tagged: City, Commercial property, Office Space

Cautious outlook from Cluttons

April 8, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

London is leading the recovery in the commercial property market, says Cluttons in its latest research on the subject, but concerns persist regarding all but the very best stock. Cluttons says capital values have risen 11% since last July, but ... Read more

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

Legal offices move to open-plan layouts

April 8, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

The shape of legal offices is changing, says new research from CB Richard Ellis. The group says paper-heavy, single-cell offices are giving way to open-plan properties and flexible working initiatives in the UK legal sector. The “Changing ... Read more

This entry was tagged: Commercial property, Office Space

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

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

Return to profit for Songbird

March 29, 2010 by Venetia Cutler posted in: Industry News

Songbird Estates, the majority owner of the Canary Wharf development in London, on Friday announced a return to profit for 2009 as the upturn continued in the market for office space to let in the capital. The group said its rental income for the ... Read more

This entry was tagged: Commercial property, Office Space, 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

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