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A report commissioned by the London Thames Gateway Corporation predicts that Thames Gateway’s economy will grow at three times the rate of the UK’s until 2013. In the Thames Gateway area, total returns in the second quarter of 2009 were -0.5%, stronger than the -2.2% figure for the UK as Read More
The influential research group says that, although UK commercial property prices rose by 3% in December — their highest monthly rise in 23 years — the chance of a sustained recovery in 2010 and beyond is unlikely. We agree with the sentiments of this report. This also highlights the need, Read More
Land Securities have given the west end office market a large boost by committing to 3 large office, mixed use and residential schemes in the West End and Victoria. None of the developments has a pre let, which sends out an even stronger message to the market. Land Securities clearly Read More
Patrick was asked to appear in a video on the Telegraph website discussing the property research database we use. Source: Telegraph.co.uk
The office market in the South East is set for a very testing year, but with 2009’s last quarter’s take up figures due out shortly, it is widely expected that they will confirm 2009 as one of the worst office market’s in our lifetime. 2010 should be a better year Read More
The investment market seems to have quickly returned to crazy levels of activity in London and the south east of England again. The sheer weight of money chasing product is one factor, but as usual this market is out of sync with occupational demand, which is at an all time Read More
In today’s Times, Monday December 2009, the government have stated that to help bring public finances back into line, they intend to save £10 billion through cutting quangos and Whitehall costs. This reminds us of the Lyons report and the Gershin reports of 2004. We wonder whether those relocation and Read More
The Christmas period is fast approaching and everybody says it is a quiet time for them as not much gets done in December, as the party season kicks into gear. Not for us, with 6 office transactions to do before we finish for Christmas, 2 of which we have got Read More
An interesting week so far with some good indicators of what is giving the property market some impetus. We have been provided information on a mixed bag of office investments and development land that either have short-term or no income. All of them provide opportunity to add value or create Read More
Several days news on the Dubai World debt issue and many weeks to come no doubt. While the property woes in the Emirate itself are considerable, Dubai World also controls some significant holdings in the UK and the development holdings are generally good quality and likely to show some pre-let Read More
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