Estates Gazette 100

Article Abstract:

There are eight top firms taking a major proportion of the UK commercial property market, including Chesterton, DTZ, Jones Lang Wootton, Savills, Hillier Parker, Grimley, Richard Ellis and Knight Frank, according to a survey. The combined companies represent 45% of the 770.55 million pounds sterling turned over by the 100 firms surveyed in 1996. The third division of 13 firms, earning 10-29 million pounds sterling, are mostly London-based partnerships and companies. Four firms reported profit of more than 4 million pounds sterling in the UK in their past financial year, including Strutt & Parker. Of the to 20 firms, more than half have directly owned offices abroad. There were special factors affecting performance, such as accounting errors, insurance claims and meeting redundancy costs.

Real Estate, Real Estate and Rental and Leasing, Real estate agents, Real estate agents and brokers

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City office market (City of London, England, survey results)(Estates Gazette Occupier Intelligence supplement)

Article Abstract:

A study of the office market in the City of London, England, found some 35% of those questioned considered location to be a vital factor in choosing new office space. The rental values of offices in the city have increased by 15%. Around 24% of respondents felt the maximum amount of rent they would be willing to pay would be between 21-35 pounds sterling per sq ft. A large majority of the respondents used a property consultant when looking for new space. Some 75 senior executives in major companies, occupying offices in the City of London, were interviewed by telephone.

London, England, England, Public opinion, Office buildings, Estates Gazette (Periodical), Office leases

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Estates Gazette Directory

Article Abstract:

A directory for September 2000 is presented which lists over 6,500 companies involved in the property industry. The director is updated monthly.

Real estate industry, Directory

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