November, 2007

More commercial property available in Slough

More property set for Slough after Tesco sale

Slough is set for a commercial property injection after Tesco was ordered to sell one if its stores by the Competition Commission.

Brown: Pledge

Brown promises £9 billion for Thames Gateway regeneration

Prime minister Gordon Brown has promised to put £9 billion towards the regeneration of the Thames Gateway.

Thames: Major future player in commerical property?

Thames gateway set for massive commercial growth

The Thames gateway could undergo massive regeneration over the next ten years, a new report has revealed.

Insurance: Vital to deal completion

Insurance key to commercial property deals

The Welsh commercial property sector has received a welcome boost as Principality Building Society and Thomas agreed to provide a more flexible insurance service.

West End: Almost twice the price of City

West End rates could lead to commercial property exodus

High rental rates in the West End could lead to a number of London based firms switching to property in the City, it has been claimed.

Property companies insist sector is safe

Firms maintain that commercial property sector is sound

A number of commercial property companies maintain that the sector is not close to meltdown despite its difficulties.

Leeds: Set for commercial property growth

Office letting rates remain strong in Leeds

Rates for commercial property leasing remain high in Leeds as demand continues to be strong, a new report has revealed.

Work underway at marina

Ground broken for Portland Marina scheme

The Portland Marina scheme, which will bring a raft of commercial property opportunities to Osprey Quay, has finally begun to be built.

Interest cuts could help sector

Interest rate cuts could improve commercial property prospects

Although the commercial property sector is currently experiencing a dip in value, the prospect of interest rate cuts in the new year could vastly improve the fortunes of the sector.

Building work set to start in Stanmore

Stanmore commercial property scheme receives green light

An ambitious scheme to redevelop a site in Stanmore, north-west London, has finally been given the go ahead.

Carillion seal £90 million deal

Carillion secure King's Cross commercial property build

Construction firm Carillion are set to ease the shortage of commercial property in London after securing a contract to build offices as part of the King's Cross regeneration.

London: Most expensive on Earth

London has highest commercial property rates

London has the highest priced commercial property in the world, according to new research.

Rotherham set for boom

Rotherham in-line for more commercial property

Rotherham will receive a new range of commercial properties, which will include both retail and industrial space.

RBS: Ready to sell

Telereal to boost commercial property sector

Property firm Telereal looks set to snap up a large Royal Bank of Scotland portfolio - improving the fortunes of the commercial property sector, Property Week reports.

Tax relief abolition criticised

Commercial property tax criticised

Gordon Brown's budget proposal to abolish tax relief for vacant commercial property has come in for renewed criticism.

Daventry Council completes Henry Boot deal

Daventry receives commercial property boost

Daventry District Council has moved a step closer to completing an ambitious town centre re-development scheme, boosting the commercial property market in the region.

National Grid: May sell of 500 plots of land

National Grid sale set to stimulate commercial property growth

The National Grid has revealed that it may sell a number of sites that could bring a plethora of opportunities to the commercial property sector.

A large number of office space under foreign ownersip

Third of commercial property foreign owned

As many as one in three British commercial properties are foreign owned, new research has revealed.

Centre Parcs will be opening a number of clothing stores

Center Parcs to unveil retail units

Center Parcs is set to create a range of commercial property opportunities by opening a number of retail units across its four complexes.

B&B will sign loans over to GE

GE Real Estate to boost commercial property market

GE Real Estate will inject new confidence into the commercial property sector by acquiring £2 billion worth of property loans.

M25: Key to development?

Demand for commercial property rising in M25 area

Rental rates in the M25 area near west London are set to rise in 2008 by a considerable amount as a result of an increasing demand for commercial property.

The project will cover 31 acres of land

£50m eco-business park to be developed in Newcastle-under-Lyme

A new £50 million eco-business park is to be built by a regional development agency (RDA) in Newcastle-under-Lyme.

Wood Wharf is close to Canary Wharf

Regeneration planned for east London

A mixed-use site close to Canary Wharf is to be redeveloped into commercial property space and affordable housing.

Rics claim demand shortfall will be shortlived

Fall in demand not set to last

The fall in demand for commercial property is likely to be short-lived, sector experts have claimed.

Confidence in the sector dips

Retail property confidence dips

Confidence in the retail property sector has dipped but faith has been retained in other key commercial areas, research has shown.

British Land will re-vamp the office market

British Land set for £2 billion investment

Commercial property firm British Land are set to plough around £2 billion into the sector by purchasing devalued real estate.

The Bank has issued a stark warning

Economic conditions to worsen for businesses?

The Bank of England has issued a bleak outlook for the year ahead, predicting that it will be the toughest for the British economy in a decade, as the economy slows down, inflation rises and the housi

A lot of work will be done in Croydon

Croydon to have major redevelopment

A regeneration scheme is in place for the London borough of Croydon which is intended to afford the area city status.

Many firms are being more careful about where they invest

Commercial market strong despite credit crunch

The UK's commercial property market has remained financially sound even after the recent credit crunch.

The ten-year rental agreement has been signed

Fortis Bank goes to Ship Canal House

Manchester's Ship Canal House has welcomed Fortis Bank as its first new office tenant.

Will many of Oxford's tower blocks soon be gone?

Tower blocks in Oxford to be demolished?

A series of developments in Oxford could be knocked down, local media reports suggest.

Building: Work will provide more space in south Wales

South Wales set for multi-million re-development

The Welsh Assembly has sold 100 acres of land to major property developers in a move that will see significant redevelopment in the area.

Energy: Certifcates have been postponed

Commercial property EPCs delayed

Energy performance certificates (EPCs) for commercial properties will be delayed by six months, despite the government previously claiming they would be on time.

Mersey: Park will expand toward the river

Wirall set for commercial property expansion

The Wirral International Business Park is set for further expansion towards the Mersey river, making further room for commercial property investment.

Development: More regional input?

Call for more local commercial property input

Local planners should have a wider role in the location of commercial property and retail developments to avoid competition issues, it has been claimed.

Plymouth hope the plns will revive the city

Plymouth Council gives green light to new development

Plymouth City Council has given the go ahead for a major city centre re-development set to provide new commercial property in the region.

Bedford: Set for redevelopment

Bedford regeneration to boost commercial property

The decision to give the go-ahead to massive regeneration plans in Bedford town centre could lead to a boost in commercial property in the town.

London: Office property still strong

London offices hold strength

Recent financial turmoil has failed to cause a downturn in the London office commercial property sector, it has been claimed.

Merseyside: Set for new investment?

Racing tycoon set for commercial property blitz

Raymond Mould, a racehorse tycoon, is set to shake up Merseyside's commercial property sector by floating his company London & Stamford Property on the stock market.

Confidence key to property sector

Investors urged to remain confident in commercial property

Commercial property investors are being urged to remain confident in the sector despite the recent global credit conditions.

Time to invest?

Time to buy undervalued commercial property

The current dip in the commercial property market may have provided a window of opportunity for investment in the sector, it has been claimed.

Insurance: Key to avoid property problems

Commercial property deals need better cover

As many as ten per cent of all commercial property deals do not have sufficient liability cover, experts have warned.

Credit: Affecting commercial property?

Commercial property investment dips

The credit crunch has caused a drop in investment in UK commercial property, experts have claimed.

Offices: Capital's space to see investment?

London commercial property could see Irish boost

Investors from Ireland could provide the London commercial property market with a welcome boost, it has been claimed.

Leases: Shortening in length

Landlords seek shorter property leases

Commercial property landlords are hoping to gain a measure of flexibility by shortening leasehold periods, new research has revealed.

Sales could dip due to energy obligations

Energy requirements could cause market slow

The advent of energy performance certificates next spring could cause the commercial property sector to slow, it has been claimed.

Kent: Increasingly popular

Kent experiences commercial property surge

Commercial property in Kent is experiencing a surge in demand which looks set to last for a number of months.

Office space at a premium

M25 office market increasing popular

Commercial property in the M25 south east region is experiencing its highest level of take up since 2001, new research has shown.

Business offices to rival residential landlords?

Commercial property could become the new buy-to-let

Commercial property could provide returns as impressive as the buy-to-let sector, making it an even more popular investment, it has been claimed.

RBS continue strong lending in the north west

Manchester commercial property backed by lenders

The growth of the commercial property sector is set to continue in Manchester after high-street banks vowed to continue with their current levels of lending.