Take-up of office space on business parks in the UK reached 1.9m sq ft during the second half of 2012, says GVA, which is in line with the six-monthly average but down from the 2.5m sq ft recorded for H1 2012. The strongest activity was in the South ... Read more
The TMT sector, encompassing broadcasting, publishing, new media, advertising, marketing, PR, information technology, telecoms and media occupiers, continued to take a rising proportion of Central London office space last year, accounting for 22% of ... Read more
Savills estimates that by the end of 2012, only 15% of the vacant office space in Edinburgh was Grade A. Overall office availability in the city has fallen by nearly 10% during the past year, the firm estimates, with virtually no new or refurbished ... Read more
Take-up of office space in Glasgow last year was only slightly below average, says Savills. While second-half take-up was “a rather underwhelming” 137,870 sq ft, taking the total for 2012 to 371,870 sq ft, this level of take-up is more or less in ... Read more
Bowyer Bryce has let 1,966 sq ft of office space in Dagenham at 71 Chequers Lane. The self-contained first-floor offices, with parking for 10 cars, has a reception area on the ground floor. The property has been let by Bowyer Bryce to Interserve ... Read more
There’s every reason to think that Bristol offers the best prospects for growth of all UK regional cities, and excellent opportunities for investors seeking alternatives to London’s superheated property markets, says GVA in new research. GVA notes ... Read more
Jones Lang LaSalle’s review of the South West market has highlighted the strong growth rate forecast for Bath – at 13% for 2013, one of the highest outside London and the South East. The firm says there are a number of emerging sectors and trends ... Read more
Barratt Developments has bought the former headquarters of the Department for Transport, reports the Times, and plans to turn the office space in Victoria into residential property. The £100m scheme has secured planning permission to turn the Great ... Read more
CBRE is confident that there is potential for rental growth in the Thames Valley and M25 offices market this year, driven by the rent and terms achieved on new speculative developments. While the firm does not expect any change in the general drivers ... Read more
Three major office deals in Birmingham totalling more than £107m accounted for more than 10% of total regional office transactions outside London last year, says Lambert Smith Hampton’s Adam Ramshaw. The total value of office transactions outside ... Read more
