Shortage of stock frustrates market

Article Abstract:

Rent prices in the East Midland region are being unnecessarily pushed up due to a severe shortage of suitable commercial shed and industrial buildings coming onto the second hand market. Potential businesses are being deterred from committing to new developments because of the standard 9 month wait required until completion of a new building. Property developers are considering marketing sites which are fairly old in order to alleviate the demand in the market.

Industrial buildings, Midlands, England

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Poised for an influx

Article Abstract:

The economic prosperity of Watford in Hertfordshire, England can be directly linked to the town's close proximity to the busy M40 motorway, which runs down into the London area, and the well managed supply of offices, which hs managed to keep up with local demand. Property in the area is sufficient to meet demands of new firms relocating or starting up but local real estate agents are concerned future development may fail to satisfy demand and drive prices up.

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On track for gains - or losses

Article Abstract:

The economic benefits and disadvantages for the local community of holding an international sporting event are discussed, with focus on the planning for the 2005 World Athletics Championship in Manchester, England.

Economic aspects, Buildings and facilities, Sports, Manchester, England

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