Thames Valley turnaround

Article Abstract:

There has been a rapid improvement in the office property market in the Thames Valley region of England over recent months. Indeed, occupiers are now competing fiercely for space and developers are fighting over remaining quality sites. There is currently no lack of greenbelt sites to meet rising demand, but there has been little substantial development so far. Agents and developers are becoming increasingly frustrated about the cautious approach which speculative funds are still adopting.

Economic aspects, Real estate industry

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Time to test the waters

Article Abstract:

The office property markets in the Westminster and Victoria areas of London, England, will see the addition of 20,531 sq mt of new or refurbished space by the end of 1996. This follows a number of years in which no speculative development was undertaken. CIS is working on Parnell House, covering 6,782 sq mt, while Land Securities is involved in a 4,924 sq mt scheme at 25 Victoria Street and Chesterfield Properties is refurbishing a property on Vauxhall Bridge Road.

Westminster, England

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All hype but no speculation

Article Abstract:

The demand for office space in Uxbridge, England is increasing but the supply is limited although several new office developments are planned and some are already under construction. Agents who are more cautious about the improvement in the market see the rise in demand as temporary and further investment may be difficult to acquire. Since 1987 new shopping and leisure facilities have been designed but these are still at the planning stage.

Administration of Urban Planning and Community and Rural Development, Urban Planning & Develop-Local, Planning, Contracts, London, England, Offices, Urban planning, Urban land use

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