Monthly Archives: December 2013

The Year in Commercial Property News

Posted on 31 December, 2013 by Neil Bird under Industry News

2013 was the year the commercial property market began its recovery from the downturn that followed the financial crisis of 2007. It has been a year of improving news with stories of new developments and rising values regularly featuring on our... Read More

West End Regains Top Spot as Most Expensive Office Market in the World

Posted on by Neil Bird under Industry News

This year has seen London’s West End leap above Hong Kong to regain its status as the most expensive office market in the world. The cost of Grade A office space in the area has risen by almost 15 per cent during 2013, as the resurgence in the UK economy... Read More

Kidderminster Town Centre Scheme Awaits Approval

Posted on by Neil Bird under Commercial Developments

Plans to redevelop Kidderminster town centre have been submitted to Wyre Forest District Council by Henderson Global Investors.   The scheme will create a new public square flanked by shops, cafés and restaurants with the River Stour as its centrepiece.... Read More

Seven Month Rise in Commercial Property Values set to Continue

Posted on 30 December, 2013 by Cliff Goodwin under Industry News

UK commercial property values have risen for seven straight months, reports the Investment Property Databank (IPD). And, even more encouragingly, there is nothing on the horizon to stop the upward climb as we enter 2014. In a separate report, Ignis... Read More

Going Green is penalising Landlords says Rating Surveyor

Posted on by Cliff Goodwin under Industry News

Environmentally aware landlords who attempt to reduce their property’s carbon footprint are continually penalised for their efforts. And changes due to come in over the next few years will only make this situation worse, warns North-East rating surveyor... Read More

2014 Looking Good for Global Property Markets

Posted on by Cliff Goodwin under Industry News, Worldwide Property News

Strong balance sheets and growing business confidence look set to make 2014 an “uplifting” year, for global commercial property markets according to Jones Lang LaSalle. Next year’s markets could grow by at least 10 per cent with international sales... Read More

Leeds Office Market set to outperform 2012 Levels

Posted on 28 December, 2013 by Jodee Redmond under Industry News

Leeds city centre office take-up is set to surpass 2012 levels. For the first time in six years, figures are on par with pre-recessionary levels, according to research conducted by BNP Paribas Real Estate. The total Leeds office take-up between Q1 and... Read More

Good News for North West Businesses

Posted on by Jodee Redmond under Business News

The number of high-growth companies and enterprises in the North West has increased over the past 12 months. The results of a survey, conducted by Barclays and BGF Entrepreneurs Index, reveal a 0.5 per cent rise in the number of enterprises in the past... Read More

Neighbourhood Planning can be a Powerful Tool says RICS

Posted on 27 December, 2013 by Neil Bird under Commercial Developments

Since the community right to neighbourhood planning was introduced, as part the government’s Localism Act, over 500 locations in England have produced neighbourhood plans.   The majority of these are residential, but a number of plans focus on commercial... Read More

Crossrail spurs Southall Regeneration

Posted on by Neil Bird under Commercial Developments

Although Crossrail won’t arrive in Southall for five years, plans for the regeneration of the west London suburb are underway and open for consultation. A draft document, the Southall Opportunity Area Planning Framework (SOAPF), sets out a vision... Read More