Tag: residential property



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

City of London chief issues Office Shortage Warning

Posted on 19 January, 2015 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

New Offices to Homes proposals threaten London’s Growth Boris tells Pickles

Posted on 10 October, 2014 by Neil Bird under Industry News

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

Boris vows to fight New Office to Resi Proposals

Posted on 19 September, 2014 by Neil Bird under Business News

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

Local Authorities fear scrapping Office to Resi opt outs will threaten London Supply

Posted on 8 September, 2014 by Neil Bird under Industry News

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 saving Millions in Business Rates Loophole says Expert

Posted on by Neil Bird under Business News

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

Residential Scheme considered for Aldershot Shopping Centre

Posted on 5 June, 2014 by Kirsten Kennedy under Commercial Developments

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

Town Centres need to shake off the Horse and Cart says Property Developer

Posted on 8 April, 2014 by Cliff Goodwin under Commercial Developments

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

Moving into Sydney’s Des Res Business District

Posted on 1 April, 2014 by Cliff Goodwin under Worldwide Property News

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

Brompton Road Tube Station sold to Unknown Buyer

Posted on 5 March, 2014 by Kirsten Kennedy under Commercial Sales and Lets

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