Abstracts » Real estate industry

Waiting at the bar

Article Abstract:

Local agents support some speculative office development for Romford, Essex, although they do not believe it will happen. The demand for office buildings outstrips supply. A new leisure and retail facility at The Brewery is being considered. Romford's town centre has been facing competition from out-of-town developments. There are few new industrial buildings available in the area, with demand for larger units staying firm. Ilford, Essex, is experiencing an improving office market, with increasing interest in refurbished space. Two multiplex developments are planned for the town.

Commercial Buildings, Real estate development, Commercial construction, England, Recreation centers, Essex, England

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Ayr of hope

Article Abstract:

Kilmarnock, Ayrshire, Scotland, has excess office space, with rents at 6 pounds sterling per sq ft. Local agents suggest the town already has sufficient retail outlets. The industrial market in Ayrshire towns is gaining ground due to Preswick airport. The construction of a warehousing outlet near the airport has increased interest in the area. The Rivergate Centre in Irvine is quite popular with customers although some outlets are vacant. Demand for shopping outlets in Ayr has increased, with some tenants looking to move into bigger units.

Office Buildings, Scotland, Office construction

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