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Demand Exceeds Supply for Prime Office Space in Bristol

Commercial Property Finance News:- Speculative office developments would help address Bristol's chronic under-supply of grade A office space, says real estate advisors Savills. Office-based employment is forecast to grow by 7.5 per cent with 8,686 new white collar jobs over the next five years. Commercial Property Finance However, the city's office supply has rapidly decreased since 2010 and sits at just 450,000 sq ft of which less than 100,000 sq ft is grade A. Bristol city centre currently has a [...]

By |2021-11-13T10:19:45+00:00February 28, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction Industry Piles Pressure on May to Avoid a ‘no deal’ Brexit

Construction Finance News:- Job losses, business failures and a sharp dip in building activity would happen if the UK leaves the EU without a deal, warn construction trade bodies. The sector's four leading organisations wrote an open letter to the Prime Minister, Theresa May, on Wednesday, February 27,  spelling out the dangers of exiting with no agreement. Construction Finance "Leaving in an unplanned way could lead to a fall of at least 4 per cent this year and 2 per [...]

By |2021-11-13T10:19:53+00:00February 27, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Demand Outstrips Supply for Prime Office Space in Leeds

Commercial Property Finance News:- Leeds success as a magnet for media and tech companies means prime office space is set to command record rentals, claims Savills. The estate agency said office supply has been falling since 2015 with 2018 seeing a 31 per cent drop and a 9 per cent decrease in grade A premises. Commercial research associate director, Clare Bailey said: "It's a very desirable city and rents are very competitive. It's a good place to build new offices [...]

By |2021-11-13T10:20:22+00:00February 22, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Property Transactions Drop Slightly in 2018 but 2019 Expected to be Better

Commercial Property Finance News:- The latest figures from HMRC show sales volumes dipping marginally both for residential and commercial properties in 2018. The provisional seasonally adjusted number of UK home sales in December was 102,330 -  a 0.1 per cent drop compared with the previous month. However, this figure was 3.6 per cent higher compared with December 2017. Glimmer of Residential Hope Some residential mortgage lenders seized on this as a reflection of the surprise comeback of first-time buyers. OneSavings [...]

By |2024-06-26T07:38:05+00:00January 30, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Job Centre Plus | Dagenham | £5.5M – HZA

The client London Wall Outsourcing Investments Limited has submitted an official application to the council of Barking for the development of 70 flats and commercial units at the site Department Of Employment, Chequers Lane, Dagenham, Essex, RM9 6PS. The subcontract has been awarded to the application, while it is still pending a detailed approval. This project is a privately funded development, and it has been categorized as a Brownfield Project. Bridge Lending News The entire development will cover a site [...]

By |2021-11-13T09:43:38+00:00March 14, 2018|Blog, News, Planning News, Projects|0 Comments
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The Timberyard P4 | Cost £19.2M

This project will involve the development of 4 structures, which will be 8 storeys high. These 4 structures will consist of 251 residential units. The first structure will provide 29 one bedroom flats, 59 two bedroom flats and 12 three bedroom flats, whereas the second structure will offer 7 one bedroom flats, 15 two bedroom flats and 7 three bedroom flats. Senior Stretch Loan The third structure will comprise 29 one bedroom flats, 31 two bedroom flats and the fourth [...]

By |2021-11-13T09:38:49+00:00January 28, 2018|Blog, News, Planning News, Projects|0 Comments
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Creekside Wharf | 249 Individual Units

Senior Stretch Loan:-A development application has been submitted by Essential Living (Warlingham) Limited for the construction of 249 shops, flats and nursery at the site Deptford Creek, Copperas Street & Creek Road, Creekside East, Deptford, London, SE8 3BT. The mixed development funded project has been granted subcontract, but it is still pending details approval. Design submitted by Mr Alex Johnson of Assael Architecture Limited covers an area of 267 square meters, including 105 one bedroom houses, 104 two bedroom houses [...]

By |2021-11-13T09:34:57+00:00January 22, 2018|Blog, News, Planning News, Projects|0 Comments
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UK House Prices Grow by 3%

Strong market fundamentals remain in the UK’s regional residential property markets despite recent political events, most notably the decision to leave the European Union. The latest analysis from real estate firm CBRE suggests that UK house prices are expected to grow by an average of 3% this year with current growth of 5.1% across the country regarded as encouraging. UK Property Market The report says that the Outer Metropolitan area saw the strongest performance in the second quarter of 2016 [...]

By |2021-11-13T09:30:44+00:00November 27, 2017|Blog, mycrousal, News, Planning News|0 Comments
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