CPA: UK construction activity will fall in 2013

CPA: UK construction activity will fall in 2013

The UK’s Construction Products Association (CPA) has today reported that it expects overall construction activity in the UK to fall by around 2 per cent this year, with most of the decline attributed to a greater than 5 per cent drop in commercial projects. Particularly concerning is the fact that the Government’s austerity measures with […]

Share Button
Goldman Sachs submits plans for troubled European HQ

Goldman Sachs submits plans for troubled European HQ

Following recent reports that a growing number of firms were locating in the burgeoning creative centres of East London,investment bank Goldman Sachs has finally submitted plans for the 1.2m sq ft nine storey headquarters building KPF in Farringdon Street. The KPF-designed development will replace two existing buildings – the 13 storey Fleet Building and adjacent Plumtree […]

Share Button
UK construction set for growth, say surveyors

UK construction set for growth, say surveyors

Following the recent news that the UK’s construction sector had suffered a significant fall in the final quarter of 2012, better news emerges from the Royal Institute of Chartered Surveyors with a report indicating that the UK construction market is expected to turn a corner this year as the government’s focus on infrastructure starts to generate […]

Share Button
All right? Manchester property outperforms other UK regions

All right? Manchester property outperforms other UK regions

The idea that the UK is essentially a closely bound federation of city states, each with their own culture and economy is given added credence by new research from CBRE into regional variations in the commercial property market. London does things  its own way, of course, but the top regional city is Manchester – the […]

Share Button
Show stomping change as Maze prison site plans approved

Show stomping change as Maze prison site plans approved

The notorious Maze Long Kesh prison site in Northern Ireland where the ‘H’ block hunger strikes took place is to be redeveloped into an international standard showground designed by London-based firm Studio Egret West. The Royal Ulster Agricultural Society (RUAS) was granted planning permission to relocate the Balmoral Show, (Ireland’s largest Agricultural and Food Show) […]

Share Button
What does 2013 hold for the facilities sector in the UK?

What does 2013 hold for the facilities sector in the UK?

Insight publisher Mark Eltringham offers some thoughts about what the coming year holds in the latest issue of Facilities Management Journal including the ongoing existential crisis of facilities management, why the commercial property sector needs to catch up with occupiers and designers as well as a plea for everybody to set ambitious goals and make realistic […]

Share Button
Appetite for long leases presents challenges

Appetite for long leases presents challenges

The news from the weekend that Axa Real Estate is looking to raise around £1bn  to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year […]

Share Button
UK construction hits new low as service sector shrinks

UK construction hits new low as service sector shrinks

The three little words nobody wanted to hear at the start of 2013 are triple dip recession. Yet even as the US managed to avoid its own fiscal cliff at the turn of the year, two reports raised fresh fears that the UK’s recovery would be postponed for a while yet. According to the Markit/CIPS […]

Share Button
London companies heading off to the East

London companies heading off to the East

…East London that is. According to property consultants Cushman & Wakefield we are seeing a net migration of companies away from their West End heartland towards the supposedly more creative and tech-focussed districts of Clerkenwell, Shoreditch and King’s Cross.  The firm reports that the take-up of West End office space fell by around a quarter to […]

Share Button
Regional slump responsible for overall UK property fall

Regional slump responsible for overall UK property fall

The New Year starts with news from Chicago based property broker Jones Lang LaSalle that investors spent some £ 30 billion on  income generating property in the U.K. during 2012, about 9 percent less than in 2011. However there was a marked disparity between the London market and the rest of the UK. London deals […]

Share Button
Global office market to stabilise during 2013

Global office market to stabilise during 2013

A new report from consultants Cushman and Wakefield has predicted that the global commercial real estate market will stabilise over the next twelve months and, in some areas of the world, may enjoy a degree of growth.  While acknowledging wide regional variations, the report claims that there are some clear global themes that can be […]

Share Button
Free Unified Comms Briefing available

Free Unified Comms Briefing available

The latest technology that will revolutionise the way we work is now upon us. It is called unified communications and it is a principle that strikes at the very heart of this new world of fragmented yet interconnected work. It is a comparatively straightforward idea intended to solve a complex challenge. As organisations have started to […]

Share Button
Translate »