There's no room for error
Article Abstract:
Guidelines for office relocations are presented. Managers should be aware that increased use of computers and telecommunications equipment by businesses has affected floor space and utility requirements. When selecting a new location, the businesses' future staff and storage needs should also be considered. The company should determine beforehand how much rent it is willing to pay, and how far away from the present location the company and staff are willing to relocate. Different areas and industries of Great Britain are varying stages of recovery from the recession of the early 1980s, and this has an important effect on the availability and price of commercial properties.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987
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Receivers keep houses on the move
Article Abstract:
Many residential development projects are being taken over by receivers in the UK due to the depression in the real estate market. Statistics from the National House Building Council record 170 bankruptcies by building companies between January and November 1990. The downside in the real estate market can prove to be advantageous for prospective homeowners since receivers selling a property to a new developer often do so at a 20% to 25% discount of recent market value. However, this scenario is only likely to develop when a lender decides to market the property quickly to minimize losses and get a quick return.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
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