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UKIT Q4 2013
Commercial property investment jumps 50% in 2013

Investment in the UK commercial property sector increased to £44.9bn in 2013 – a 50% rise on the previous year and the highest volume achieved since 2007.

UK property investment market set for bumper 2014

Lambert Smith Hampton is predicting a bumper year for the market in 2014. Investment volumes will hit £40bn for the first time since 2007 and the market will see total returns of 12-14%, after a very strong finish to 2013 for the UK commercial property investment market. 

Parliment line drawing
Autumn Statement 2013: Chancellor's business rates cap too little too late

As predicted, Chancellor George Osborne has announced that the rise in business rates bills from 01 April next year will be capped at 2% instead of being linked to RPI inflation at 3.2%.

DHL expands to 53,940 sq ft warehouse in Hampshire

Acting on behalf of F&C Reit Asset Management, LSH has let a modern warehouse at Stoke Park, Eastleigh, to DHL.

LSH appointed on £284m Local Infrastructure Fund

LSH's Planning and Development Consultancy division has been appointed by the Homes and Communities Agency to advise on bids received for the £284m Local Infrastructure Fund.

Enterprise House, Portsmouth
Sale completes on landmark Portsmouth offices

Acting on behalf of LaSalle Investment Management, we have successfully sold Enterprise House in Portsmouth.

Parliment line drawing
New-build empty property rate consultation launches

The government has launched its six-week consultation on the exemption of empty property rates for new-build developments, completed between 01 October 2013 and 30 September 2016.

Endeavour Park, Southampton, Aerial
Selex signs Southampton office pre-let

Selex ES has secured a 24,000 sq ft pre-let for a new office building to be constructed at Endeavour Park, Millbrook, Southampton.

Pile of paper
Planning changes to allow 'pop-up' shops and restaurants

In a bid to revive the British high street, the Government has announced a relaxation in 'change of use class' planning law that will allow shops and restaurants under 150 sq m to ‘pop up’ in existing commercial space without planning permission.

LaSalle Investment Management, Premier Inn, Portsmouth, CGI
Premier Inn for obsolete Portsmouth offices

Acting for LaSalle Investment Management, we have completed a Portsmouth commercial property deal which will see Premier Inn, the UK’s largest budget hotel chain, sign a 25-year lease on a new 84-bedroom hotel.

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