Outsourcing is still the crucial issue

Article Abstract:

There is growing debate in the UK over the relative merits of firms managing their own properties or outsourcing such services. The issue is an important one given that for most firms, property costs are the biggest single expense after staff costs. However, many firms do not have a full understanding of the property services which need to be managed, and there is confusion over the differences between facilities management and property management. Although the two overlap, generally facilities management services relate to people, and property management to services which help a property function.

Industry Overview, Analysis, Real estate management

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Crossing the East West divide

Article Abstract:

The county of Sussex is divided into East Sussex and West Sussex, with the two halves having little in common except a need to modernise their road networks. West Sussex is a prosperous region with high employment rates and is the base for a growing number of international corporations. In contrast, East Sussex has an unemployment rate of 10.3% and is one of the UK's unemployment blackspots. Both regions have capacity for growth but infrastructure improvements are needed to attract relocating companies.

Economic aspects, East Sussex, England, West Sussex, England

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Offices urgently needed to satisfy Leeds demand

Article Abstract:

There is urgent need for new office development work in the city of Leeds, with demand now at more than 500,000 sq ft. Leeds is becoming a key office location outside London, but so far only three or four funds have been prepared to become involved in speculative office development. Speculative schemes have tended to attract the highest quality tenants.

Buildings and facilities, Leeds, England

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