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October 2016

Can you bring your pet to work?

Can you bring your pet to work?

To many people, pets are their furry children, and the idea of leaving them at home all day is borderline unbearable. This means that the opportunity to bring a fuzzy loved one into the office every day can be a huge benefit for a business to offer their employees. But...
31st October 2016
Heathrow opposes 1 Undershaft

Heathrow opposes 1 Undershaft

During the summer of 2015, planning permission was submitted for the tallest building in the City of London, designed to reach a mammoth 309.6m in height. 1 Undershaft will have 73 storeys, with a square footprint, a free viewing gallery for the public at the top and a 150m x...
28th October 2016
Southbank: London’s new tech hub

Southbank: London’s new tech hub

Shoreditch is often referred to as ‘Tech City’, and has been consistently unrivalled in it is popularity as a hub for tech companies. However, recent evidence shows that Southbank has had a very large take up from tech firms – such as the huge new acquisition made by HSBC in...
27th October 2016
The money laundering capital of the world

The money laundering capital of the world

Under the Money Laundering Regulations 2007, there is an onus on commercial property surveyors to report and reduce the levels of money laundering in the UK, and specifically London, unfortunately known as ‘the money laundering capital of the world’. According to the Home Affairs Select Committee (a group of leading...
25th October 2016
Update of Brexit effect on yields

Update of Brexit effect on yields

Post-Brexit, yields across all property sectors saw an immediate increase, however the long-term effect of the vote was unknown. Three months later and market data shows that the average yield across all property sectors has increased to 4.86%. This being said, not all is negative: As the dust settles, market...
21st October 2016
London’s Southbank sees change of guard at Blue Fin building in SE1

London’s Southbank sees change of guard at Blue Fin building in SE1

Approximately 50,000 sq ft at the Blue Fin building in Southwark is currently under offer from banking giant HSBC: 110 Southwark Street is to become home to the new FinTech hub of the global firm, who will be paying £65 per sq ft on an initial term of 10 years.
19th October 2016
Property industry pushes back on business rate increases across the UK

Property industry pushes back on business rate increases across the UK

The new ratings taking place next year mean that business rates across the UK are set to increase. Historically, business rates are re-evaluated every five years, however there was a government decision to postpone the re-ratings in 2015, which means that it’s actually been seven years since they were last...
17th October 2016
Thames Valley welcomes groundbreaking BREEAM ‘Outstanding’ building

Thames Valley welcomes groundbreaking BREEAM ‘Outstanding’ building

The Thames Valley has welcomed a new crown in the jewel of its prestigious office market, with McKay Securities announcing that it has recently completed the refurbishment of 9 Greyfriars Road, which has been awarded the BREEAM ‘Outstanding’ award. An extremely rare accolade, this is the first development outside of...
10th October 2016
Energy Performance Certificates (EPCs)

Energy Performance Certificates (EPCs)

The RICS is putting increased emphasis on the importance of sustainability, and how the construction and property industry are intrinsically linked to the reduction of emissions and energy consumption. The ‘Energy Performance of Buildings Directive’ has been instrumental in raising awareness of the benefits of energy efficiency and attempts to...
6th October 2016

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