Demand for Bristol offices driven by TMT, professional and energy occupiers

Demand for Bristol offices driven by TMT, professional and energy occupiers

A rise in the cost of renting commercial property in Bristol is being driven by increased demand from TMT, professional and energy occupiers looking for office space in the city, with take up levels of Bristol city centre offices predicted to reach 800,000 sq ft (74,322 sq m) in 2016. This is 50 percent above […]

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Surge in take up of London commercial property defies Brexit storm

Surge in take up of London commercial property defies Brexit storm

London commercial property has managed to weather the Brexit storm with a late surge of City deals over the past three weeks set to see Central London take-up in line with its long-term average level of 10 million sq ft in 2016. According to the latest figures from JLL, despite take-up in Central London being […]

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New website launched to help promote the Northern Powerhouse economy

New website launched to help promote the Northern Powerhouse economy

Major companies including Barclays and Vodafone were among more than 40 leading businesses, universities and business networks which pledged their support and backed the promotion of the Northern Powerhouse economy during a ’partnership’ conference held in Liverpool yesterday (8 December 2016). The North has over one million businesses, seven international airports and four of the […]

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Autumn Statement could undermine the growth of London’s tech firms

Autumn Statement could undermine the growth of London’s tech firms

Changes in business rates announced in yesterday’s Autumn Statement are likely to hit hardest the areas in the Capital such as Shoreditch and Fitzrovia where innovative tech companies are located, commented Jon Neale, head of UK Research, JLL. “The impact will no doubt undermine government plans to boost tech investment under its ‘Industrial Strategy’ announced […]

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UK government announces plans to invest in next generation technology

UK government announces plans to invest in next generation technology

The UK Government is at last to invest properly in the next generation of technological infrastructure to ensure the company keeps pace with developments in broadband, the Internet of Things and 5G. It is to invite the country’s major cities to bid for a chance to pilot 5G from next year. The technology is a […]

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Increased take-up of office space in Manchester as Brexit influences investors

Increased take-up of office space in Manchester as Brexit influences investors

Take-up of prime office space in central Manchester is on course to hit 1 million sq ft in 2016 and could be influenced by the impact of Brexit. The latest research by Colliers International suggests that overseas investors retained an interest in prime Manchester office space partly because of the devaluation of sterling following the […]

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UK cities now outperforming pre-crisis peak on key socio-economic indicators

UK cities now outperforming pre-crisis peak on key socio-economic indicators

The majority of UK cities and Local Enterprise Partnership (LEP) areas are now outperforming their pre-financial crisis peak, according to the latest 2016 Good Growth for Cities index, produced by PwC and the think-tank, Demos. However, a number of cities that have previously scored highly terms of jobs, incomes and business start-ups are beginning to […]

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Office occupier take up in Edinburgh grows, despite Brexit pessimism

Office occupier take up in Edinburgh grows, despite Brexit pessimism

Contrary to the rather less positive outlook predicted for the whole of Scotland, office occupier take up in Edinburgh is on course to defy gloomy Brexit predictions, following a steady third quarter of 2016, according to new statistics published by JLL. In total, 134,462 sq ft of office space, spanning 44 deals, was transacted in […]

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Nearly a third of investors say Brexit offers commercial real estate investment opps

Nearly a third of investors say Brexit offers commercial real estate investment opps

The recent warning that the major banks are planning to leave the Capital following the Brexit vote has understandably caused some concern within the commercial property sector;  so it’s cheering to hear that three in ten (30 percent) institutional investors actually believe Brexit will either increase or significantly increase European commercial real estate investment opportunities. […]

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London office sector still recovering from Brexit shock

London office sector still recovering from Brexit shock

Although the UK economy has shown a measure of resilience post referendum, take-up in the key London office market, although still on a quarter to quarter rise of 34 percent, is 7 percent below its long term average. According to the latest London Office Snapshot from Colliers, transactions were largely boosted by major deals to […]

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London needs to adapt to the changing world of work, claims think tank

London needs to adapt to the changing world of work, claims think tank

Think Tank New London Architecture (NLA) which creates a forum for debate on the built environment, has launched its findings and recommendations from its landmark WRK / LDN Insight study on work and workplaces in London. NLA calls on central government, the Mayor of London and other stakeholders in the capital to act to maintain […]

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Worldwide progress in creating sustainable building regulations is slow

Worldwide progress in creating sustainable building regulations is slow

The level of transparency in the reporting of the environmental performance of commercial real estate is growing across the world, but the pace of new sustainable building regulations remains slow. That is the key finding of JLL’s Real Estate Environmental Sustainability Index, which measures the availability of a range of environmental transparency tools in 37 countries. Whilst […]

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