Developers lured back to the market
Article Abstract:
Some speculative office building has recommenced in the UK due to rent increases and the demand for high-quality but adaptable office space. Several construction projects for new offices are taking place in Central London but development activity is also occurring in the major cities in the UK and in Scotland. Some observers suggest that the improvement in the UK economy will lead to an increasing demand for new office space. Banks are sometimes reluctant to loan funds to speculative office developers if they have not prelet the completed building to an occupier.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Right place, wrong time?: Peterborough would appear to have everything going for it, but it is failing to pin down major inquiries
Article Abstract:
Peterborough is a signifiant commercial location with a good supply of good quality offices, although it is facing a continuous dearth of major relocations. Its main advantages are its good road and rail links and its most successful out of town development is Peterborough Business Park, whose occupiers include Barclays Bank and Pearl Assurance. It is believed that business park locations will be more popular than city centre offices.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Aquis seizes the initiative in Reading office market
Article Abstract:
An 11.5 million pounds sterling deal agreed with Universities Superannuation Scheme will allow Aquis Estates to go ahead with Aquis House, a 50,000 sq ft speculative office development to be situated in the centre of Reading, UK. Completion is scheduled for Dec 1996. The company believe that the office market in Reading is now starting to pick up, with some interest already having been shown by potential occupiers.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Spencer-Ward and another v Humberts. Sneesby and another v Goldings
- Abstracts: Rocking the boat. Actions speak louder than words. Not much room for manoeuvre
- Abstracts: New grist to the mill. Relieving the pressure. Freedom to move forward
- Abstracts: Investors' perspective: the future of the lodging industry. Making a case for independent hotel operation. Investors demand better hotel management contracts