A major shift in business rates valuation for museums
Colin Hunter talks about the recent Upper Tribunal hearing in which it was determined that museums should be valued on a net income basis for business rates purposes, rather than rebuild costs.Read more
Leeds leading Northern Powerhouse cities for TMT growth
The number of technology, media and telecoms (TMT) businesses taking office space in Leeds has grown by 96% over the past year, significantly more than in any other city across the Northern Powerhouse, according to Adam Varley, Head of Office Agency in Leeds.Read more
Steely determination: advanced manufacturing turns around South Yorkshire's fortunes
South Yorkshire suffered a huge economic blow after the demise of the steel industry in the 1980s. For years it seemed the damage was irreversible, but against the odds the area managed to retain its reputation as a manufacturing hub - and now that reputation is going from strength to strength once more and it is all thanks to one scheme.Read more
Is coworking set to be the new Starbucks?
Just as coffee shops become the major takers of high street space in the last decade, will the new need for space for coworking drive organic change and growth in our town and city centres or will we see a ‘corporate approach’ evolve as it becomes more popular, asks Josh Levy of Lambert Smith Hampton.Read more
Are occupiers are tired of London
As the cost of living in London becomes ever more challenging, businesses in the capital are starting to fear its long-term impact on the supply of talent. Alongside the political will to drive growth in the Northern Powerhouse, the evolution of ‘North-Shoring’ among major occupiers may itself play an important role in rebalancing the UK economy.Read more
Northern Powerhouse Office Market Report 2016
It’s been a turbulent few months for the Government’s Northern Powerhouse initiative yet, for the region's office markets, 2016 has been something of a ‘Goldilocks year’ – not too hot and not too cold - according to our latest Northern Powerhouse Office Market Report.
The rise and rise of Leeds' TMT sector
Adam Varley, Head of Office Agency Lambert Smith Hampton's Leeds office, explores the property fundamentals behind Leeds’ burgeoning technology, media and telecommunications (TMT) sector.Read more
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. Read more