Home is where the heart is
Article Abstract:
High Wycombe, England, has a shortage of new office and industrial property, which has persuaded the local economic development organisation to focus on the expansion requirements of existing firms. The one recent office development should achieve rents of 20 pounds sterling per square foot, when completed in the summer of 1997, and good secondhand property can reach 16 pounds sterling per square foot. The town has an unemployment rate below 4%, attractive surroundings and a profile changing from manufacturing to service and computer-related industries. A major retail expansion is planned.
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:
Road to opportunity: Havering, Thurrock, Tilbury and Basildon are poised to make the most of improvements to the A13 that are nearing completion, but Southend is unlikely to benefit
Article Abstract:
Essex agents expect benefits from the new route of the A13, once improvement works are completed. Havering is expected to be transformed following the re-routing at Purfleet, and congestion at Thurrock, Tilbury and Basildon is expected to be cured. The London borough of Havering is already planning for employment use, with some leisure and retail on the Riverside sites in Rainham. Basildon continues to be popular and demand for industrial and office accommodation is outstripping supply. However there is a lack of any new-build development of industrial space in Southend.
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:
Fringe benefits
Article Abstract:
Neighbouring UK towns, Luton and Dunstable, are experiencing different fortunes in the industrial and commercial property sectors. The vacant office space in Dunstable's business park has all been let and a major new employer has been attracted to the area. Development on the outskirts of Luton is at an acceptable level, but this is due to new road connections. New occupancy in the town itself is only from the expansion of existing firms and the office property market in the centre of the town is virtually stagnant.
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:
- Abstracts: The broker vs. the appraiser: how to value a hotel. Allure of hotel investments to moderate capitalization rates
- Abstracts: Memo from architects and contractors to architectural critics in the media: designing and constructing a building is not as easy as it looks
- Abstracts: Fighting fit. Muscle power: as health and fitness becomes big business, so the larger chains are muscling out the small high street operators
- Abstracts: Best Practices Award: Bank of America. Service providers foresee more alliances. The best of best practices
- Abstracts: Financial and legal complexities of credit-based lending to real estate entities with multiple assets. Novel workout approaches that resolve knotty lender-borrower problems