Secondary pitches still tempt some

Article Abstract:

The slack demand in the UK office property market means that developers and investors are focusing more on location when planning speculative projects. The issue is complicated further by then fact that occupiers are increasingly paying more attention to costs, so that some developers may be tempted to consider secondary locations offering cheaper rents. Several trends indicate that big companies will begin considering new office headquarters outside prime pitches in city centres: many multinational firms are now restructuring and bringing together all subsidiary functions.

Industry Overview, Analysis, Real estate industry

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Property owners call for flexibility on listed status

Article Abstract:

The UK government has already announced plans to allow property owners to comment on whether their buildings should be listed, but property concerns which own post-war office buildings which are being considered for listing are also seeking the right to manage their properties' interiors. The British Property Federation is now expected to call on the government to list specific aspects of commercial properties rather than the building as a whole.

Office buildings, Maintenance and repair

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Funds' eyes down on a new sector

Article Abstract:

Property investors in the UK are turning to a new investment market for promising returns. Bingo halls and new-style clubs are seen as safe and recession proof investments. Bingo's popularity has been enhanced by the introduction of the National Game and more relaxed gambling laws. Major operators, such as Bass and Rank, are expanding their networks of bingo clubs and both plan to open several new venues in the future.

Other Gambling Industries, Legal Gambling NEC, Planning, Investments, Real estate, Gambling, Entertainment industry, Real property, Nightclubs

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