Tag: commercial property



Are Things Looking Up for Manchester’s Refurbished Office Market?

Manchester's Refurbished Office Market Looking Strong
Posted on 17 March, 2016 by Chris Grigorovsky under Commercial Developments, Industry News

With approximately 625,000 sq ft of office space being refurbished in Manchester over the next two years, the sector is currently thriving and continues to see healthy levels of take up, according to Savills. The firm has reported that over the last 10... Read More

Is the North West Industrial Market Set to Suffer?

North West Industrial Take Up to Face Severe Shortage
Posted on by Chris Grigorovsky under Economy, Industry News

The end of 2016 is expected to see a severe shortage of Grade A industrial stock in the North West, according to a report from Savills. Despite the North West having the second largest development pipeline of any UK region, with 2.2 million sq ft of... Read More

Budget 2016 – Business Rates Cut and New Commercial Stamp Duty Rates

record breaking £23 billion income forecast
Posted on 16 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

George Osborne has announced that from April 2017, business rates will be getting a substantial cut, which is set to benefit small businesses going forward. The current system sees 100% relief given only to businesses that occupy property such as a... Read More

Record Office Take Up in Basingstoke Shows Sector’s Appeal

Record Office Take Up in Basingstoke Shows Sector's Appeal
Posted on 15 March, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Economy, Industry News

In the first quarter of 2016, Basingstoke has seen record office take up, which is the largest since the start of the recession, according to reports from agents Hollis Hockley. Between the period of 1 January - 31 March this year, the firm has... Read More

Manufacturing Sector Helps Industrial Output Return to Growth in January

Manufacturing Helps Industrial Output Return to Growth in January
Posted on 11 March, 2016 by Chris Grigorovsky under Economy, Industry News

After a sharp fall in December, British industrial output saw a return to growth, helped along by an upturn in manufacturing, the Office for National Statistics reported. In the month of January, industrial output saw a weaker rise than expected, with... Read More

£11m Prime Derby HQ Office Acquired by Praxis

£11m Prime Derby HQ Office Acquired by Praxis
Posted on 4 March, 2016 by Chris Grigorovsky under Business News, Commercial Sales and Lets, Industry News

Commercial property investors, Praxis, has announced the completion of its £11m acquisition of 142,231 sq ft office building at Pride Park in Derby. Former home of internet bank, Egg, the prime headquarters office building was acquired from Helix... Read More

Strong Return from Investments in London During 2015

Strong return from investments in London 2015
Posted on by Chris Grigorovsky under Business News, Economy, Industry News

During 2015, growth in commercial property rents across London resulted in a total return of 18.1% from investments in the capital, according to the London Markets Analysis report by Levy Real Estate and MSCI. The report, which analysed over £30bn of... Read More

Strong Rental Values to Push 2016 Commercial Property Returns

Strong Rental Values to Push 2016 Commercial Property Returns
Posted on 3 February, 2016 by Chris Grigorovsky under Economy, Industry News

Following a period of activity in 2015, the growth in rental values will see commercial property returns in 2016 increase, says leading real estate management specialist Blue Marble Asset Management. Chief Executive of Blue Marble Asset Management, Tim... Read More

Record Rental Value Helped 2015 Perform Strong for Investment

Record High Rental Value Helped 2015 Perform Strong for Investment
Posted on 12 January, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

With help from the highest rental value growth since 2008, the total return on investment from the UK commercial property sector at the end of 2015 was strong, reaching 14% along with December delivering returns of 1.1%, CBRE's latest Monthly Index reveals.... Read More

CBRE Takes Office Sector to Virtual Heights

CBRE Takes Office Sector to Virtual Heights
Posted on 5 January, 2016 by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets, Industry News

A revolutionary new way of marketing commercial offices in the UK to prospective tenants and investors is set to take a big leap, as CBRE and specialist technology company Virtual Walkthrough™ have formed an exciting new partnership, CBRE has reported.... Read More