Change of flight plan

Article Abstract:

Some local agents point out the area around Gatwick Airport, Sussex, England, is gaining popularity with businesses due to the high cost of buildings and lack of space at Heathrow Airport, London, England. Rents for industrial space are reaching 7.50 pounds sterling per sq ft whilst offices cost 22-24 pounds sterling per sq ft at Gatwick. BAA plan to extend Gatwick to cope with the predicted rise in passengers to 40 million per year by 2008. As services from the airport increase businesses are more likely to want to move into the area particularly computer companies.

Author: Ellison, William
Industrial Nonbuilding Structure Construction, Commercial Buildings, Airports Construction, Commercial construction, Airports, Airport construction, Gatwick Airport

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Island comes on stream

Article Abstract:

Local agents point out the market for office space in Maidenhead, Berkshire, England, has experienced a fall in demand particularly for larger units due to the slowing down of the global economy. Others point out the demand for smaller buildings, less than 5,000 sq ft, remains good. The redevelopment of the Grenfell Island site it due to be completed by the summer of 2000. It will include restaurants and a gym, along with 417 parking spaces and some 110,000 sq ft of office space.

Author: Ellison, William
Berkshire, England

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Permission to climb granted

Article Abstract:

Plans to increase passenger numbers for Stansted Airport, Hertfordshire, England, to 15 million per year from 8 million per year will have a positive effect on demand for office space in Bishop's Storford, Hertfordshire. Local agents find demand for office space has not been satisfied by the limited amount of development in progress. They predict both land prices and rents will rise. Some 11,000 sq ft of space is being built at South Street and other space is available at the Dencora development.

Author: Ellison, William
Hertfordshire, England

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Subjects list: Analysis, Supply and demand, Buildings and facilities, Real estate development, Office buildings, Office construction
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