Tag: commercial property



Winning Performance expected from Glasgow Property Market following Games boost

Posted on 4 February, 2015 by Cliff Goodwin under Industry News

The optimistic fallout from last year's Commonwealth Games looks set to continue driving Scotland's property recovery for the rest of 2015 — with host city Glasgow tipped to put in a winning performance. Researched and published jointly by... Read More

Occupier Demand in Wales climbs for Seventh Consecutive Quarter

Posted on 2 February, 2015 by Jodee Redmond under Industry News

Occupier demand for commercial property in Wales has risen across all sectors for the seventh consecutive quarter, according to figures in the latest RICS Commercial Market Survey. The figures show 38 per cent more Welsh surveyors reporting higher levels of... Read More

Green Light given for Two Major Stockport Developments

Posted on 29 January, 2015 by Kirsten Kennedy under Commercial Developments

As regional areas around the UK continue to benefit from the upturn in the economic recovery, local authorities are keen to capitalise on developer interest as a means of driving growth in their local economies. This has seen Stockport Council grant planning... Read More

Construction Industry set for Five Years of Growth

Posted on 28 January, 2015 by Kirsten Kennedy under Business News, Economy

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

Opus North set for Record Year with £80m Development Pipeline

Posted on 27 January, 2015 by Cliff Goodwin under Commercial Developments

One of Yorkshire's most active property companies has revealed that it has more than £80m worth of office, retail and industrial projects across the north of England and Wales in its development pipeline. After an "excellent" 2014, Ilkley-based Opus... Read More

Warrington Office Market exceeds Expectations

Posted on 19 January, 2015 by Jodee Redmond under Industry News

The Manchester Office Agents Forum (MOAF) has reported a total take-up of 439,000 sq ft in the Warrington area. There were a total of 102 transactions in 2014, representing a 16 per cent increase on 2013 figures and an overall increase of 11 per... Read More

City of London chief issues Office Shortage Warning

Posted on by Kirsten Kennedy under Industry News

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

Indian Office Space Absorption Rate up 10 per cent in 2014

Posted on 18 January, 2015 by Jodee Redmond under Worldwide Property News

Absorption of office space in India rose by close to 10 per cent in 2014 to over 33 million sq ft. This figure is indicative of confidence in the commercial property market, and the belief that growth is likely to continue this year, according to a report... Read More

Central London construction costs most expensive in the World says Report

Posted on 16 January, 2015 by Chris Grigorovsky under Commercial Developments

According to the 2014 International Construction Costs Report, the cost of construction within Central London is the highest in the world. Construction consultant Arcadis has compared building costs in a total of 43 countries and discovered that the... Read More

Global Commercial Real Estate Transactions hit Record High in Q4 says JLL

Posted on 15 January, 2015 by Jodee Redmond under Worldwide Property News

Global commercial real estate transaction volumes hit record levels in the fourth quarter of 2014, according to JLL. Volumes in the final quarter reached $218 billion, which brought the preliminary volumes for the year to $700 billion, 28 per cent... Read More