Although far better than a shifting Government coalition, one of Britain’s biggest real estate consultancies is warning the commercial property industry to expect “air pockets” triggered by political uncertainty. According to a commercial... Read More
Amidst fear from respondents that the value of homes will be reduced significantly due to fracking in the Manchester, Lancashire and Sussex areas, we look into how it will affect the commercial property industry. Fracking is the activity of drilling... Read More
Skanska has entered into a contract with Harald Kværner Eiendom AS to build a commercial property and a parking garage in Jessheim, Norway. The value of the contract is US $42.81M. The work will start in May and the project is expected to be completed in... Read More
A Hong Kong stock exchange registered investment holding company has paid more than £35m for one of London’s key freehold sites. Knight Frank, the independent global property consultancy, purchased 25-27 Oxford Street on behalf of its client Emperor... Read More
Any expansion of London’s two main airports will trigger a massive demand for more hotel rooms, a property services company has warned. Ahead of this summer’s publication of the Airports Commission report examining the three potential options for... Read More
Global investment capital raised for commercial property has hit a post financial crisis high of US $429 billion according to DTZ. The capital by five per cent in the six months ending in March, supported by increased equity raisings, but was down on... Read More
In light of the 2015 UK general election coming to a dramatic conclusion, property company Savills have responded with their views on the effect it will have on the commercial market, which overall seems minimal. According to Savills' head of European... Read More
British Land (BL) has just one remaining floor to let at its rebuilt Marble Arch House in central London — with two recent lettings taking the prestige scheme to 80 per cent complete. In 2011, the publicly listed real estate company teamed up with... Read More
Like the majority of Britain’s supermarket chains, Morrisons has suffered repeatedly in recent years at the hands of discounters such as Aldi and Lidl which have offered consumers an alternative to the traditional “Big Four” template which dominated the... Read More
According to DTZ, speculative development of industrial space over 50,000 sq ft, expanded outside the M1/M6/M25 corridors the first time since development recommenced towards the end of 2013. Two units totalling 138,000 sq ft in Chandlers Ford, Hampshire... Read More
