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Office occupiers staying put

Office occupiers are increasingly looking to stay put and maximise existing space while economic uncertainty remains high. According to the British Institute of Facilities Management‘s workplace survey almost two-thirds (58%) of employers are trying to decrease office space by increasing […]

Local authority pulls out of MIPIM 2011

Nottingham City Council has announced that it will not be attending MIPIM next year due to ‘austerity’ cutbacks.  Quelle surprise. The presence of numerous local authorities at the annual property event in Cannes was always questionable. The need to promote […]

DTZ bucks the trend

Three firms of global property agents made stock market announcements recently.  CBRE and JLL reported significant improvements to their trading performance for the third quarter while DTZ issued a warning that their year end figures would show a loss rather […]

Centre point, Cheese grater and Westfield Stratford hit the headlines

What a week it turned out to be. On Monday we heard that British Land had signed a jv with the Canadian-based Oxford Properties to build a huge city skyscraper – dubbed the Cheesegrater in many circles – and that […]

Comprehensive Spending Review puts pressure on property

The government may have announced its comprehensive spending review (CSR) – without too many surprises – but it will take some time for it’s full impact to be felt in property circles. The government may be looking long and hard […]

West London site sale a market test

The news that Resolution and partner JER are to sell the London Gate office site in Hayes west London has surprised some market observers but it may prove a shrewd move. Demand from office occupiers in the western corridor has […]

Property industry awaits spending review outcome

The property market is waiting with bated breath on the forthcoming government spending review. The leaks from various departments and quangos have put a question mark over whether the government is going to tear up occupational leases on some of […]

Speculative offices to start in Uxbridge

Following on from BAM Properties’s decision to make a speculative start on an office building in Chiswick, Rockspring Property Investment Managers is also about to take the plunge. In Uxbridge, it is planning an 80,000 sq ft office scheme with […]

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