This week the government has confirmed that Permitted Development Rights (PDR), allowing the conversion of office space to residential use without full planning permission, will no longer expire on the 30th of May 2016 but are here to stay. Here two... Read More
The Government has been forced to delay plans to extend the scheme which makes it easier to convert offices to residential use, amid fears that the permitted development rights legislation is depleting office stock and driving up rents, says commercial... Read More
Despite Newcastle facing the “challenge” of dwindling office space, yet another abandoned city centre office block has been added to a clutch of buildings about to receive a residential makeover. Aidan House — once the Tyneside headquarters of... Read More
According to research by Lambert Smith Hampton (LSH), more than 11m sq ft of office space has been earmarked for alternative use since the relaxation of planning rules nearly two years ago. LSH’s Office Market Report for 2015 reveals that an area... Read More
An landmark North-East business complex — once the biggest office site in Europe — could be converted to residential accommodation after changing hands for the second time in five months. In September last year Kennedy Wilson Europe Real Estate... Read More
Despite the fact that consumers are now spending more than at any point since the financial crisis, the local pub remains under threat, with many of those forced to close in the past year being turned into convenience stores or discount units. However, a new... Read More
Two London planning authorities have taken steps to cut the number of developers snapping up offices and turning them into luxury housing. In the first move of its kind, owners wanting to convert City of London offices into flats and apartments will... Read More
More and more landlords are applying to convert empty offices into residential accommodation before a temporary change to the planning system runs out in 17 months’ time, a leading commercial property agent has claimed. Under the Government's... Read More
Croydon has called for greater business rates autonomy to support its plans to transform the London borough into a premier office location. The council hopes to create close to 3 million sq ft of Grade A office space in a bid to attract tech and... Read More
The British Property Federation (BPF) has broadly backed the extension of permitted development rights, allowing office to residential conversions without the need to seek planning permission. However, while giving its support to proposals to extend... Read More
