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Business

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Out to meet the market

Article Abstract:

British companies which intend to launch a foreign branch or subsidiary in another European Community country in time for 1992 unification need to thoroughly research the different local laws and business conventions that govern commercial property markets in each country. Leases vary from country to country. Special incentive programs designed to booster depressed areas are also varied. UK companies should expect differences especially in countries that are administered under the Napoleonic Code. The best means of research will come from the development agencies of specific countries or specific regions within countries.

Economic policy, European Union, British foreign relations, International economic relations, European Free Trade Association, European Community

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Home economics

Article Abstract:

Property values have increased rapidly in the south east quadrant of Great Britain in recent years; in some cases the capital appreciation of homes there has exceeded the annual incomes of the residents. Many people have mistakenly assumed that property prices do not rise and fall the way that stock prices do, however. A potentially dangerous trend of buying properties for their investment value is emerging. Property values fell steeply in 1973, and it is entirely possible that this could happen again if the real estate market reflects the Oct 1987 stock market crash.

Economic aspects, Housing, Real estate, Real property, Great Britain

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Making your office cost effective

Article Abstract:

New management skills have been developed to control office overhead. These skills include energy management, maintenance audits, and negotiation with landlords. Microchip-based energy management systems can replace up to several hundred time switches in a building, thus saving energy costs by eliminating the need for extra electrical wiring. Premise audits can be a useful tool to help businesses identify operational and cleaning costs, which can serve not only to find waste but also to aid in rent reviews between landlord and tenant.

Usage, Semiconductor chips, Integrated circuits, Energy management, Office automation, Energy management systems

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