Search Results for: commercial

Commercial occupiers and landlords to get more in step on the future of the office

Commercial occupiers and landlords to get more in step on the future of the office

landlordsNew research from MRI Software, claims that 71 percent of commercial occupiers say the mass shift to remote working during the pandemic has fundamentally changed their long-term approach to space usage, and yet 69 percent of landlords expect no lasting impact from COVID-19. More →

Oliver Clements appointed the role of Commercial Director at FUTURE Designs

Oliver Clements appointed the role of Commercial Director at FUTURE Designs

Oliver has been with FUTURE Designs for 10 years and has consistently proven his value and commitment to the business, winning the recognition of colleagues and clients. More →

London commercial property market shows some resilience

London commercial property market shows some resilience

market

New analysis by McBains, of commercial property transactions worth £100m-plus completed in London over a 12-month period suggest a fall in the total value and volume of deals, but the market holding relatively strong in the face of COVID-19 and uncertainty over the UKs impending EU exit agreement. More →

Plan submitted for London`s first net-zero carbon commercial property

Plan submitted for London`s first net-zero carbon commercial property

CarbonClimate change has accelerated the urgency to address the way people live and work. With the UK’s aim to become carbon neutral by 2050, CIT and Foster + Partners want to help realise this ambition sooner, submitting a planning application for London’s first ever net-zero carbon workplace and commercial hub at Colechurch House, on the banks of the Thames. More →

Green commercial properties prove their worth

Green commercial properties prove their worth

green Nearly half of respondents in a global survey reported stronger occupier and investor demand for commercial properties with green building certificates. This translates into higher rents according to the Royal Institution of Chartered Surveyors, RICS, sustainability findings within its global commercial property monitor for the third quarter. More →

Commercial rental prices fall in the UK as pandemic continues to bite

Commercial rental prices fall in the UK as pandemic continues to bite

Prices

Commercial real estate rental prices are continuing to drop in all the UK’s main business centres according to the latest quarterly figures by national office agent FreeOfficeFinder.com. Office rental prices and those for coworking spaces at the UK’s major cities are all feeling the long-term effects of the Covid-19 pandemic with predictions that they will slump even further as a result of the new lockdown measures announced by the government. More →

Businesses favour the commercial brain over the creative one, study claims

Businesses favour the commercial brain over the creative one, study claims

BusinessesBusinesses in the UK are disproportionately made up of logical and rational thinkers, over intuitive and expressive ones, claims a new study. The study from Genius You, involved more than 2000 individuals across 10 different sectors and highlights a trend that could be impacting creativity and innovation in the UK. More →

Commercial property market in Oxford-Cambridge Arc proving resilient

Commercial property market in Oxford-Cambridge Arc proving resilient

Take-up of office and laboratory space in the Oxford-Cambridge Arc has remained resilient during the first half of 2020, according to a new report from property consultants Bidwells. The firm claims that 117,600 sq ft was taken in Oxford between January and July, reaching 85 per cent of the city’s ten-year average despite the Covid-19 pandemic. More →

Commercial property market shows signs of life

Commercial property market shows signs of life

UK commercial investment activity rose 42 percent in June compared to May, up from £755m to £1.3bn, taking total volumes for H1 2020 to £15.6bn, according to the latest market update from Savills. With the all-sector prime commercial property yield remaining stable at 5.21 percent in June, Savills says that together this may signal some stability is now returning to the UK investment market. More →

Commercial tenants will be protected from eviction if they cannot pay rent

Commercial tenants will be protected from eviction if they cannot pay rent

Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced. Many landlords and tenants are already having conversations and reaching voluntary arrangements about rental payments due shortly but the Government says that it recognises businesses struggling with their cashflow due to coronavirus remain worried about eviction. More →

Commercial property energy use fell by over 3 percent last year

Commercial property energy use fell by over 3 percent last year

commercial property energy useOperational energy consumption in the UK commercial property sector fell by 3.3 percent during 2018/19 compared to the previous year, according to the latest figures from the “in-use” benchmark published by the UK’s Better Building Partnership (BBP). The Real Estate Environmental Benchmark (REEB) compared operational energy performance between 2017/18 and 2018/19, based on 1,038 UK properties covering 11.7m sqm belonging to 31 of the partnership’s 34 member companies. More →

Watchdog raises concerns at councils` commercial property investments

Watchdog raises concerns at councils` commercial property investments

commercial property risksSome local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). More →