Property Week
Some Relief for Empty Rates Announced in PBR
There has finally been some relief from the government’s widely hated empty rates legislation following Alistair Darling’s announcement in this week’s pre-budget report that empty property rates will be scrapped for properties with an estimated value of less than £250,000, a figure that Darling says represents around 70% of empty commercial buildings in Britain.
Since [...]
Commercial Office Space Empty Rates Campaign Gets Boris Johnson Support
The British Property Federation has continued to gain support for their campaign for the abolition of the government’s ever-unpopular empty rates tax this week having gained signatures from some 120 further politicians including London Major Boris Johnson.
The empty rates tax has created havoc in the property industry since its introduction earlier in the year and [...]
Empty Rates Tax Row Continues as BPF Campaign Rallies Further Support
The saga behind the ever-unpopular Empty Rates Tax continues this month as the British Property Federation-led campaign for the abolition of the legislation has gained further support from major UK and international corporations and MPs.
On the 10th August this year the British Property Federation set up a campaign page on their website to support their [...]
Cube Real Estates Team Up with BP’s Ropemaker Properties
One of Easy Offices top quality providers of Flexible lease, Serviced and Managed Office Space Cube Real Estates has teamed up with BP’s Ropemaker Properties to form joint venture named the “Cubemaker Partnership” which includes a potential investment of up to £100m in UK commercial property.
The partnership comes at a time when BP’s Ropemaker Properties [...]
Docklands Commercial Office Space May be Set to Increase
Docklands commercial office space May be set to increase as commercial property magazine Property Week have announced that developers Ballymore and Oracle are planning a massive scheme for the Docklands area of London which will include circa 5000, 000 sq ft of Office Space. The scheme is chiefly residential with the office space section forming part of a mixed use site consisting of affordable housing, private units, retail and the substantial office development and is planned for the 3.3 acre Audi Garage site at Marsh Wall. As speculative commercial office space development in the city of London remains tentative the Docklands and popular Canary Wharf business district continue to receive attention from developers.
Read more...Commercial Office Space to Rent at Blackfriars Faces Inquiry
Proposals for two of London’s tallest tower developments at Blackfriars, which include a substantial amount of new Commercial Office space, are at the beginnings of a 5 week inquiry to decide whether or not the construction will be given the go ahead.
Proposals include one 170 metre tower to be located at 1 Blackfriars Road [...]
Awards Shortlisted for Office Agents and Developers in London and UK
Commercial Property Magazine Property Week have announced the shortlisted finalist for their annual Office Development Awards which is to be held on 17th October at The Brewery, Chiswell Street London. Nomination categories include City Development of the Year, Sustainable Acheivement of the Year and Best Speculative Building – Outside Central London. Many of the industry’s [...]
Read more...Bank Serviced Office Market Continued…
Following on from today’s earlier article regarding the current conditions of London’s Bank market, property magazine Property Week have announced that US investment bank JP Morgan have decided to walk away from a 1m sq ft relocation to the Barbican area of the City. This decision serves a further blow for the city’s commercial property market which, [...]
Read more...Office Space in Brighton in Short Supply
Office Space occupancy levels in Brighton have peaked with many Serviced and Conventional properties now in 100% use. According to recent reports in Business Magazine Property Week this is due to a combination of causes. Rising rent levels, it is suggested, are linked directly to the lack of, and constrictions upon, speculative developments, which are [...]
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