Tag: UK



Savills’ Forecast of Brexit’s Impact on Rural Sector

Brexit what does it mean for the commercial property sector
Posted on 22 April, 2016 by Chris Grigorovsky under Economy

The EU referendum has been a hot topic this week, with many industry experts presenting research that shows how the uncertainty is affecting the current commercial property market. We have been delving into a report produced by Savills which forecasts how it... Read More

Brexit – What does it mean for the Commercial Property Sector?

Brexit what does it mean for the commercial property sector
Posted on 21 April, 2016 by Chris Grigorovsky under Economy, Industry News

This week, Chancellor George Osborne warned of a ‘permanently poorer’ UK if it were to leave the EU, with Treasury analysis saying that by 2030, UK national income could be 6% smaller. Debates are ongoing, trying to convince the nation why we should... Read More

HSBC Launches £10 Billion Lending Fund to Aid SMEs

HSBC launches £10 billion lending fund
Posted on 19 April, 2016 by Chris Grigorovsky under Business News, Economy

A £10 billion lending fund has been launched by HSBC which is set to help UK small and medium sized enterprises. The fund, which forms part of a broader plan to make banking cheaper and simple for customers, is the largest package of support to be... Read More

Vast Increase of Short-term Outlet Vacancy Rates in UK

Vast increase of short term outlet vacancy rates in UK
Posted on 15 April, 2016 by Chris Grigorovsky under Business News, Commercial Sales and Lets, Industry News

It has been reported that there was an 85% increase of vacant short-term outlets since Q4 2015. The Local Data Company (LDC) found that units which have been vacant for less than a year had increased to 2,109 in Q1 2016, a substantial increase from Q4... Read More

Steady Inflation Rate in February

Small improvement on UK economic growth 2016
Posted on 23 March, 2016 by Chris Grigorovsky under Economy

The Office for National Statistics (ONS) has reported UK inflation as unchanged in February at 0.3%. For two years now, annual inflation has been below the Bank of England's 2% target and last year it was at zero. Last month, the Bank said that this... Read More

Overseas Investment Contributed £335m to Birmingham Office Market

Overseas investment contributed £335m to Birmingham office
Posted on 10 March, 2016 by Chris Grigorovsky under Economy, Industry News

In 2015, it was found that half of the Birmingham city centre office deals were through overseas investors, spending £335m in total. Two of the biggest deals of the year were the £131m acquisition of RBS's Brindleyplace headquarters and the £36.7m... Read More

Fears that Councils will Waste £26bn Business Rates Handover

Fears that Councils will Waste £26bn Business Rates Handover
Posted on 9 March, 2016 by Chris Grigorovsky under Business News, Economy

New research has emerged, revealing that George Osborne's plans to hand councils control of business rates will make the system worse and not boost... Read More

‘Age of Change’ is Upon UK Shopping Centres

'Age of Change' is Upon UK Shopping Centres
Posted on 2 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Despite UK shopping centre property investments in 2015 providing total returns of 10.0%, the sector is due to face an 'Age of Change' and bring with it challenges for many centres. According to the latest MSCI/Colliers International UK Shopping Centre... Read More

Small Improvement on UK Economic Growth in February

Small improvement on UK economic growth 2016
Posted on 1 March, 2016 by Chris Grigorovsky under Business News, Economy

In the three months to February, economic growth saw a small improvement compared to poor performance in January, resulting in improved expectations for the coming quarter, according to CBI's latest Growth Indicator. The survey, which comprises 790... Read More

Record-Breaking £23 billion Income Forecast from Business Rates in 2017

record breaking £23 billion income forecast
Posted on 18 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Business rates continue to be the focus of debate in commercial property, as Councils across England have forecast 2017’s income to reach a record-breaking £23.5 billion, despite many small businesses paying no rates at all. The near £400 million... Read More