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Featured article

Northern Powerhouse Office Market Report 2015

Levels of occupier activity are up 30% on the 10-year annual average and investment activity for the year looks set to run close to 2014’s £1.42bn record, reflecting the attractive nature of the Northern Powerhouse region compared to London, both in terms of cost competitiveness and yield differential. 

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Supreme Court decision highlights need for break clause advice

Gareth Lester-Jones, Director of Lease Advisory at LSH’s Birmingham office, said a ruling over a dispute between Marks & Spencer and former landlords BNP Paribas Securities Services Trust has brought certainty to a once grey area at the centre of many tenant/landlord wrangles.

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Office Market Pulse Manchester Q4 2015

The Manchester city centre office market witnessed another robust year with take-up totalling 1,318,282 sq ft. Although a fraction below last year’s figure of 1,333,425 sq ft it is still 31% above the 5 year average of 1,003,071 sq ft, highlighting the continuing strong levels of demand. Read more

Investors turning to development

£5.6bn of industrial assets changed hands in 2015, down on 2014’s high of £6.6bn, but nevertheless one of the strongest years on record for the sector, according to new research from Lambert Smith Hampton.

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South Coast Pulse graphic Q4
South Coast Office Market Pulse Q4 2015

Despite 2015 being a year in which the 500,000 sq ft take-up barrier was broken on the South Coast, Q4 saw a drop in enquiries, ongoing supply constraints and a take-up of 9.1% below the ten year average. Read more

Colin Hunter
Supreme Court ruling will have major financial consequences for business occupiers

Following the case of Woolway (Valuation Officer) v Mazars LLP, all non-adjacent floors in single occupation will now be separately assessed for rating purposes, increasing the amount of rates payable for thousands of occupiers.

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Record year for investment volume

The latest edition of Lambert Smith Hampton's UK Investment Transactions report reveals that 2015 was a record year for investment volume, with £66.3bn of assets changing hands. Following a subdued Q3, Q4 volume was £15.7bn, up 23% quarter-on-quarter.Read more

East Midlands Market Snapshot Q4 2015
Office Market Pulse East Midlands Q4 2015

Nottingham achieved its best quarter take-up in over 3 years with 198,027 sq ft transacted in the final three months of 2015. 70% of transactions, both in terms of floor space and number of deals, took place in the out of town market.
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Bristol Office Market Pulse Q4 2015

Despite expectations of a buoyant Q4, the Bristol office market experienced slow take up in the final three months of 2015. However, an increase in enquiries during Q4 leads us to expect that 2016 will be an active year. Read more

Newcastle office market pulse Q4
Office Market Pulse Newcastle Q4 2015

Total occupier take-up across the Newcastle city centre office market reached 261,128 sq ft in 2015; slightly above the ten year average of 252,000 sq ft. However, the ever-decreasing supply of grade A space poses significant issues for corporates looking to expand or relocate in the area.Read more

Showing 10 of 445 articles