Record quarter for distribution warehouses
Volume was impressive with £1.9bn of industrial and logistics assets changing hands in Q2, the highest since Q4 2014 and 40% above the five-year quarterly average. 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
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
Industrial takes centre stage
2016 ended with a flourish with £1.7bn worth of industrial assets changing hands in Q4 2016, 40% above the five-year quarterly average and the strongest quarter in two years.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.
A word on rent reviews
There is a smile back on the faces of many commercial landlords, particularly in the industrial and office sector. As demand remains good and supply diminishes, rents have risen, and this has led to the return of the rent review (of course, they never actually went away but with little ammunition to prove increase, they have often been uncontested by landlords and settled without any uplift).Read more
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
Uncertainty presents opportunity
New research from Lambert Smith Hampton reveals that investment volume in UK industrial and logistics assets was relatively resilient during the second quarter of 2016, with £1.12bn of industrial assets changing hands, down 24% on the same quarter in 2015 but nonetheless 3% above the ten-year quarterly average. Read more
Uncertainty weighs on London
The latest edition of our quarterly UK Investment Transactions report assesses the impact of the forthcoming EU membership Referendum on investment into commercial real estate during the first three months of 2016.