London’s healthy property market is having its own positive effect on the industries related to real estate. Savills, the property services company, announced figures for last year that showed increased sales both at home in the UK and abroad. Its global sales rose to almost £905 million, up 12%, with...
31st March 2014
Figures released last week have shown that the TMT sector (technology, media and telecommunications) snapped up almost 25% of the available office space in London’s Square Mile during 2013.
27th March 2014
The rise of the Middle East influence on UK investment has inevitably been tracked over recent years. This kind of investment has proved one of the most significant factors in the success of and boom in the London commercial property market in particular. The property broker JLL has carried out...
26th March 2014
Recent studies have started to claim the more relaxed open plan format along with the new hot-desking environment is starting to impact the workplace in a negative way and affecting the productivity. The studies claim an open plan format, removing the previous cellular format has meant employees have a lack...
25th March 2014
The 2014 budget has unfortunately not made much change to business rates this year round, although names such as Paul Easton who is head of rating at ES Group and commented that he is not disappointed that the chancellor had not mentioned the business rates profession today as they had...
24th March 2014
Crossrail is now only 4 years off completion and with 70 miles of new line to serve over 35 stations, it is set to reduce average journey times and will increase London’s rail capacity by 10%. It has been predicted that Crossrail could add £5.5 billion in value to residential...
23rd March 2014
2014 has started where 2013 left off with strong economic data giving rise to renewed optimism about the UK economy. This is having a positive impact on property values. Tenants are becoming more confident about committing to space which is putting upward pressure on rents and importantly this is no...
21st March 2014
Recent reports and analysis show that by last month commercial property values in the United Kingdom increased for the tenth month in a row. Investment Property Databank’s figures demonstrate that the average value of commercial property, including retail, office and industrial space, went up to 0.6% in February compared with...
19th March 2014
London looks to be on the rise – in more ways than one. The escalating prices of residential property is leading to a change on – and of – the horizon of the capital.
18th March 2014
The property market in the north of England continues to grow as American REIT; American Realty Capital Global Trust has made an initial £57million investment into the property market in Sheffield and Bradford. The US firm has bought the Pomona Centre in Sheffield and the 117,000 sq. ft. Provident Financial...
17th March 2014
