A new report from the Construction Industry Training Board (CITB) predicts average annual industry growth of 2.9 per cent until 2019. As a result, the next five years will see construction firms grow exponentially, with the CITB forecasting the... Read More
Last week, London First released research showing that only half of the 50,000 new homes required each year to support the city’s growing population are being constructed. While chairman of the policy and resources committee of the City of London... Read More
Following his recent pledge to oppose a further extension of permitted development rights, London Mayor Boris Johnson has joined property groups and planners in calling for continued protection for key business districts. Under the government’s... Read More
London Mayor Boris Johnson has vowed to fight proposals to extend the scheme which makes it easier for commercial landlords to convert office space to residential accommodation. The planning reform was introduced last year to tackle the housing crisis,... Read More
Government plans to scrap the right of local authorities to seek exemption from the office to residential conversion scheme threatens to take millions of square feet out of the London market. The scheme, which allows landlords to convert office space... Read More
Second home owners exploiting an anomaly in the business rates system have been accused of taking part in a tax avoidance scheme by a rating expert. The claim comes in an Independent exclusive which has unearthed evidence of householders... Read More
For many retail developments throughout the UK, the end of the recession has brought an increase in prosperity as consumers regain confidence and begin to spend in earnest one more. Yet for some, high competition in the surrounding area has brought the need... Read More
The majority of town centres “were created when people were on horses” and are no longer suitable for any major commercial schemes, a leading developer has claimed. He has also slammed councils who oppose edge-of-town developments as “living in the... Read More
In 1991 there were just 5,000 people living Sydney’s central business district. At the end of last year more than 22,000 had taken up residence among the office blocks. And that figure looks set to rise by at least another 5,000 in the next five years as... Read More
Commercial property in London continues to be in high demand and residential property prices are hitting record levels. It should come as no surprise, therefore, to learn of the sale of a former underground station to an overseas buyer with plans to convert... Read More
