Tag: commercial property



Budget Given ‘Perfect Launchpad’ for Commercial Market’s Future

Budget Given 'Perfect Launchpad' for Commercial Market's Future
Posted on 21 March, 2016 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

The budget has been deemed a success for the commercial property market and a 'perfect launchpad' to secure a bright future by Devon based commercial property specialists Charles Darrow. The firm claimed that the market has been dealt a significant... Read More

Bruton Knowles Signs Major Commercial Deal Before Stamp Duty Hike

Bruton Knowles Signs Major Commercial Deal Before Stamp Duty Hike
Posted on 18 March, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Economy

Bruton Knowles dodged the budget bullet by acquiring a multi-let investment just hours before the Stamp Duty hike took effect, saving the client £20,000 in extra duty. The Language Business Park deal was signed off by Mark Slade from Bruton Knowles... Read More

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