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.
LSH welcomes Airports Commission's Heathrow proposal
Lambert Smith Hampton has welcomed the announcement made by the Airports Commission today, which has increased the possibility of expansion at Heathrow.
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%.
LSH secures Hammersmith office development for Kier Property
Represented by Lambert Smith Hampton, Kier Property has exchanged on Kings House, 174 Hammersmith Road, purchased from Haymarket Media Group.
Cost and Project Management at Hyde Park, Hayes
Lambert Smith Hampton has been appointed by Melford Capital to delivery Project and Cost Management services for a new scheme at Hyde Park, Hayes.
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.
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.
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.
Five-floor offices signed in Euston
Lambert Smith Hampton has secured five floors of offices for Serviced Office Group Plc at Evergreen House, in Euston, NW1.