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.
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 facilitates sale of Granary Wharf House in Leeds to Lhasa Limited
The 20,805 sq ft building in Leeds city centre will function as the educational charity’s new HQ.
Tom Burlaga joins LSH's agency team in Sheffield
Tom Burlaga has joined our agency team in Sheffield as a surveyor to support Guy Gilfillan in servicing the office's new and existing landlord and occupier clients.
Yorkshire's cumulative investment volume highest since 2010
A total of £301m was invested in commercial property across Yorkshire in Q3 2013, according to our latest research, UK Investment Transactions (UKIT) Q3 2013. This takes the total for the year-to-date to £727m; a 21% increase compared with the same period in 2012 and the highest cumulative total since 2010.
Government must do more to support residential development across Yorkshire
New research from our residential development team has revealed that 66% of the Yorkshire and Humber housing sector feels the government is not doing enough to support the delivery of new housing.
TCS completes largest office letting in Leeds for 20 years
Adam Varley, Head of Office Agency in Leeds, comments on the announcement that Town Centre Securities (TCS) has agreed to let 170,000 sq ft to Leeds City Council.
Expansion of Leeds-based Property Management team
We have expanded our Leeds-based Property Management team with the appointment of Mark Tredgett as Assistant Facilities Manager.
Sheffield-based firm goes with The Floow at Oxo House
Our Agency team has secured a new headquarters for Sheffield-based company, The Floow, which is developing a Smartphone based system that records and analyses driving performance.
Investment volumes soar across Yorkshire
Findings from our latest UKIT research report show that the total value of commercial property investment transactions across Yorkshire increased in Q2 2013 to £334m from £91m in the previous quarter - an rise of 267%.