Open spaces

Article Abstract:

The retail industry in Kendal, Cumbria, England, is benefiting from two new developments in the town; the Westmorland Centre and the Elephant Yard site. The rental values of units in the Elephant Yard development are predicted to be around 60 pounds sterling per sq ft whilst those in the Westmorland Centre may increase to 55 pounds sterling per sq ft. Many of the office buildings in Kendal are located above retail outlets but demand remains fairly high. Industrial land around Kendal is in short supply, with much of the designated land already under development.

Manufacturing and Industrial Building Construction, Industrial buildings and warehouses, Industrial Bldgs & Warehouses, Retail Stores, Buildings and facilities, Industrial construction, England, Stores, Industrial development, Industrialization, Cumbria, England

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Waiting for the call

Article Abstract:

The Dearne Valley, Yorkshire, England, is a popular location for call centre operations, particularly as it offers the special conditions and extra funding linked to being an Enterprise Zone. Demand for office space in Sheffield, England, is growing and some agents suggest it would be a good time to undertake speculative development. Others are very pleased Sheffield is being considered as a location for a call centre operation. The area offers lower rents and a good supply of young workers.

Analysis, Supply and demand, Real estate development, Yorkshire, England, Sheffield, England

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Counting the cost

Article Abstract:

Changes to accounting procedures with regards to leases will have implications for the availability and length of office leases. The changes have been put forward by the UK Accounting Standards Board.

Accounting Methods NEC, Accounting and auditing, Accounting, Leases, Office leases

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