Thirteen years after it was originally submitted Edinburgh planners have approved a reworked application to redevelop the city’s Caltongate area. The controversial £150m scheme, like its old town site, has survived a troubled history. The original... Read More
Office space in Central London continues to be in high demand. As a result property agent Carter Jonas predicts widespread rental growth as the supply begins to dwindle. Carter Jonas has forecast an average rental increase of between 5 per cent and 9... Read More
Commercial landlords are being warned to beware of the risk posed by drug gangs renting properties for the cultivation of cannabis. The damage caused by cannabis farming tenants can be extensive, warns David Robbins Earlier this month, a man was jailed... Read More
The number of Scottish business looking for premises continued to rise during the final quarter of 2013, a Royal Institution of Chartered Surveyors (RICS) survey has shown. Increasing optimism about the economy and a greater willingness to lend by the... Read More
During the financial crisis, and throughout the resulting recession, many small businesses on the high street were forced to close as a result of falling footfall and low consumer spending. This led to a rise in commercial property vacancy rates, which was... Read More
With commercial landlords forced to offer greater incentives to attract tenants during the financial crisis, lease lengths have fallen to an historic low Prop-Search reports. Prop-Search surveyor Samantha Jones More than 80 per cent of leases signed in... Read More
Dublin is facing an invasion of international businesses and retail chains pushing rents to record highs and forcing a fresh wave of office developments. According to the commercial property consultancy, CBRE Ireland, prime office rents in Dublin 2 and 4... Read More
The government’s enterprise zone funding is going to good use in Hampshire where a £7m infrastructure grant has underpinned the redevelopment of a former Royal Navy air station. The money — awarded by the Department for Communities and Local Government... Read More
A month after the expiry of a Government deadline Northern Ireland ministers have still not been able to agree on a development blueprint for greater Belfast. The Belfast Metropolitan Area Plan (BMAP) — which aims to boost economic growth, development and... Read More
An estimated $1.4 trillion in commercial mortgages are due to mature between 2014 and 2017 and, according to a year-end report from real estate analysts Trepp, lenders and investors could be in for a flood of refinancing that could result in challenges for... Read More
