Quick on the take-up

Article Abstract:

The demand for premium quality office buildings is not being met in Birmingham, Leeds and Manchester, England. Office rents in Birmingham, for good quality space in a central location, are predicted to reach 25 pounds sterling per sq ft. Whilst grade A space in Leeds is anticipated to reach 20 pounds sterling per sq ft and in the centre of Manchester 21 pounds sterling per sq ft. There is little speculative development in Leeds and Birmingham whilst in Manchester two speculative developments have gone ahead. Business services firms are the largest sector looking for space in the cities.

Commercial and Institutional Building Construction, Office Buildings, Nonresidential construction, not elsewhere classified, Analysis, Office construction, Real estate development, Birmingham, England, Leeds, England

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Growth sustains good spread bet

Article Abstract:

A survey of Britain's top 50 commercial centres conducted by Jones Lang Wootton shows that Manchester's office rents achieved an annual real average rental growth of 2.75% since 1989. The city's 1.49 million sq mt of office stock is split between three main locations: the city centre, south Manchester and Salford Quays. In 1998, stock worth some 2.48 million pounds sterling became available, of which around 65% was actively traded. The greatest activity was in south Manchester, with 87% of available stock changing hands and worth 60.8 million pounds sterling.

Buildings and facilities

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Put the Porsche on hold?

Article Abstract:

Office market supply in the Thames Valley is considered, and compared with Silicon Valley.

Silicon Valley

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