The annual cost of a typical air-conditioned UK office is £3 per sq ft in energy use, but this can vary considerably depending on how well a building is managed, says Jones Lang LaSalle. The Real Estate Environmental Benchmark recently launched by ... Read more
Service charges account for a significant proportion of total operating costs for most office occupiers – but tenants often overlook them when negotiating a lease. Lambert Smith Hampton points out that tenants tend to focus heavily on rent payable ... Read more
Did you know that EPCs must now be clearly displayed in a large number of commercial buildings? With effect from 9 January, certificates are required to be displayed in commercial properties of more than 500 sq m that are frequently visited by the ... Read more
Drew Watkins, associate director in DTZ’s Project and Building Consultancy team in Birmingham, says landlords, investors and occupiers need to act now in order to find out whether properties will meet new standards for energy efficiency. The ... Read more
For an investor, the declining value of an asset due to obsolescence is a key concern. In response to a request from the British Council for Offices’ investor committee, Lambert Smith Hampton and IPD have carried out a study into the issue of office ... Read more
RICS has launched a new small business retail lease in an attempt to “inject fresh life into the British high street”. The lease, unveiled on 4 July to coincide with “Independents’ Day”, a celebration of independent retailing in the UK, has been ... Read more
As a business owner, are you aware that there is a range of government financial assistance available for companies of all sizes in the UK? Lambert Smith Hampton’s guide to government funding for businesses says that while the lack of funding from ... Read more
More and more property companies that subscribe to NovaLoca.com are switching to data feeds, which enable them to send all their data on their available properties for sale and to let by electronic means, making it much easier for them to keep their ... Read more
Some helpful advice for landlords of vacant commercial property this week, from DTZ. With the number of vacant properties on the rise amid the economic downturn, the firm has taken a look at how to reduce the risks associated with an empty commercial ... Read more
Occupiers have already reduced their office space requirements as they seek to drive down costs. The ongoing effects of portfolio rationalisation, flexible working and more efficient use of space, coupled with the subdued economic conditions, imply ... Read more
