Alternative approach

Article Abstract:

A flurry of recent deals on office buildings have reduced the supply of good quality office space in the Victoria and Westminster area of London. Some renovation of second hand properties are underway in response to the increase in demand. The change of government may also affect the number of buildings available to rent in the area. Renting levels for the area have reached around 34 pounds sterling per sq ft with premium space demanding 37.50 pounds sterling per sq ft. Some speculative projects have been initiated such as Allington House which is due to be finished in Aug 1997.

England

---

A safe haven

Article Abstract:

There has been strong demand for large-space office accommodation in the Midtown area of London, England. This means that there is now a shortage of supply, with vacancy rates in the area having fallen to 1.6%, compared with 5% in London as a whole. Total supply is currently at 136,600 sq mt. There are large lot sizes in terms of funding and speculative construction, but developers are not willing to undertake a speculative scheme over 70,000 sq ft.

Management, Economic aspects, Real estate industry

---

Fear of heights

Article Abstract:

A review of investment in the West End property market, London, England, is presented.

Analysis, Investments, Real estate investment, Real estate investments

Similar abstracts:

• Abstracts: Speculative stand-off. A tight squeeze. Work's ups and downs
• Abstracts: Cast a wider net. Agents of change. The consolidator
• Abstracts: Over-served or undersupplied? Taking stock of Camden Lock. On track for progress?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.