Office space rental avoids hit from rates hike
10th September 2008While retailers nationwide face an increase of 16% in their rates, office space occupants are breathing a sigh of relief at a predicted rise of just 3.1% in April 2010.
While retailers nationwide face an increase of 16% in their rates, office space occupants are breathing a sigh of relief at a predicted rise of just 3.1% in April 2010.
With the commercial property market at a 15-year low, German investors are capitalising on the strong euro and snapping up a number of top office spaces in the Square Mile.
The end of office blocks, commuting and sitting in traffic could be on the horizon as working from home becomes commonplace by 2033, according to new research.
Broadgate Estates, a British Land subsidiary, will run Tritax Securities’ £330 million ‘Maxim’ office space in Scotland for the next five years.
Terms are agreed for TAQA Bratani’s lease of the Knight Property Group’s premier office space, one of seven pavilions at the £45 million WestPoint development in Aberdeen’s Arnhall Business Park.
Shanghai’s commercial property sector is in the throws of a boom similar to that which transformed London in the 1980s says Michael Thompson, Asia Pacific chief executive of Cushman and Wakefield.
An independent survey of office workers in the UK has outlined a huge efficiency gap in the way that UK businesses use their office spaces.