March 2017

The short answer to the question, ‘When do you need service charge caps?’ is ’On older buildings’. The service charge covers the running costs of the building, which include: cleaning, lift upkeep, air-conditioning, building security, and general building maintenance. If the building is older it is most likely going to...

Two of the UK’s largest property fund managers have agreed terms to join forces. The £11bn merger between Aberdeen Asset Management and Standard Life will create a huge firm that will oversee assets in excess of £600bn. The new property giant will be headquartered in Scotland, and it is expected...

Bristol is well known for its ‘green’ initiatives and forward thinking when it comes to looking after the environment. The city has always put an emphasis on the importance of investment into transport and energy. By 2015, a budget of €500m was established for improving transport by 2015, and up...

As rental prices have seen some very large increases over the last five years, many occupiers are now wondering where they can move to without doubling their current outgoings. For a long time, Shoreditch was considered a cheap fringe location. However, rents have steadily increased, and the style of the...

Tel Aviv – the newest high-tech capital – is currently recruiting London to be its next stronghold, due to its lucrative market for high-tech businesses. In 2014 there were over 2,000 start-ups, 50,000 people employed in the digital economy, and over £1.3 bn invested into high-tech companies, with a large...

On the 22nd February 2017', Savills launched their new brokerage service and website listing platform, Workthere. The concept combines technology, professionalism and transparency, and is designed to help providers let their space and occupiers to identify working space that suits them. Providers currently advertising on Workthere include Wework, London Executive...

Morgan Pryce has recently completed a deal to acquire prime Fitzrovia space on behalf of a European Advertising company, their first UK-based office.

The low sterling effect on the investment market comes in two waves: investors living in the UK or already investing in the UK are unwilling to take their money abroad and are therefore keeping their cash in the UK property market, or overseas investors are seeing the opportunity to get...

Unite Student Housing is the UK’s largest provider of purpose-built student accommodation. Set up in Bristol in 1991, the firm now provides students with accommodation designed to enhance security, comfort and style across 26 towns and cities. Unite was registered on the Alternative Investment Market (AIM) in 1998, and progressed...