MARKET UDPATE Q THAMES VALLEY & WEST LONDON
|
|
- Bridget Knight
- 6 years ago
- Views:
Transcription
1 MARKET UDPATE Q1 218 THAMES VALLEY & WEST LONDON
2 MARKET UPDATE Q1 218 THAMES VALLEY & WEST LONDON Following a positive end to 217, the Thames Valley has had a steady first quarter with leasing activity above the long term average, albeit still dominated by smaller transactions. CONTENTS THAMES VALLEY 4 WEST LONDON 12 The Elizabeth Line is set to be fully operational in 219, which will be of great benefit to the Thames Valley and West London markets as occupiers look to benefit from cost reductions utilising hub and spoke occupational models de-centralising out of Central London. With limited development in the pipeline in the Western corridor, the choice available to occupiers in today's market will be reduced over the next two years. CHARLES DADY INTERNATIONAL PARTNER 2 THAMES VALLEY & WEST LONDON MARKET UPDATE
3 TOTAL OCCUPATIONAL COSTS M4 CORRIDOR 1 READING 8 HAMMERSMITH (INC. WHITE CITY) STOCK (SFT) 11,7, CURRENT SUPPLY (SFT) AVE 5 YR ANNUAL TAKE-UP (SFT) 1,825, ,293 VACANCY RATE 15.6% STOCK (SFT) 6,1, CURRENT SUPPLY (SFT) AVE 5 YR ANNUAL TAKE-UP (SFT) 1,11, 286,925 VACANCY RATE 18.19% PRIME RENT (PSF) 38. TOTAL OCCUPANCY COSTS (PSF) PRIME RENT (PSF) 59. TOTAL OCCUPANCY COSTS (PSF) BRACKNELL 3 MAIDENHEAD 4 SLOUGH 5 UXBRIDGE 6 HEATHROW 7 CHISWICK (INC. STOCKLEY PARK) STOCK (SFT) 4,7, STOCK (SFT) 3,3, STOCK (SFT) 6,2, STOCK (SFT) 5,8, STOCK (SFT) 4,8, STOCK (SFT) 3,, CURRENT SUPPLY (SFT) 489,923 CURRENT SUPPLY (SFT) 473,347 CURRENT SUPPLY (SFT) 95,518 CURRENT SUPPLY (SFT) 619,116 CURRENT SUPPLY (SFT) 786,23 CURRENT SUPPLY (SFT) 458,148 AVE 5 YR ANNUAL TAKE-UP (SFT) 165,463 AVE 5 YR ANNUAL TAKE-UP (SFT) 133,567 AVE 5 YR ANNUAL TAKE-UP (SFT) 96,91 AVE 5 YR ANNUAL TAKE-UP (SFT) 85,942 AVE 5 YR ANNUAL TAKE-UP (SFT) 16,296 AVE 5 YR ANNUAL TAKE-UP (SFT) 11,363 VACANCY RATE 1.42% VACANCY RATE 14.34% VACANCY RATE 14.6% VACANCY RATE 1.67% VACANCY RATE 16.38% VACANCY RATE 15.27% PRIME RENT (PSF) 25. PRIME RENT (PSF) 39. PRIME RENT (PSF) 34. PRIME RENT (PSF) 35. PRIME RENT (PSF) 33.5 PRIME RENT (PSF) 54. TOTAL OCCUPANCY COSTS (PSF) 4. TOTAL OCCUPANCY COSTS (PSF) 58. TOTAL OCCUPANCY COSTS (PSF) 51. TOTAL OCCUPANCY COSTS (PSF) 56. TOTAL OCCUPANCY COSTS (PSF) 52.5 TOTAL OCCUPANCY COSTS (PSF) 8. 3 THAMES VALLEY & WEST LONDON MARKET UPDATE
4 THAMES VALLEY
5 MARKET OVERVIEW THAMES VALLEY TAKE-UP CHANGE FROM PREVIOUS PERIOD COMPARED TO AVERAGE SUPPLY CHANGE FROM PREVIOUS PERIOD Q ,32-15% +3% TOTAL STOCK 56,8, 217 TOTAL 1,347,67 +19% -1% TOTAL SUPPLY 6,115, % 5 YEAR QUARTERLY AVERAGE 336,549 YEAR S SUPPLY (BASED ON 1 YEAR AVERAGE) YEAR AVERAGE 1,427,595 VACANCY RATE 1.77% -.5% 5 THAMES VALLEY & WEST LONDON MARKET UPDATE
6 MARKET TAKE UP THAMES VALLEY THAMES VALLEY TAKE UP (BY SIZE BAND) TAKE UP BY SECTOR SQ FT 2,, 1,5, 1,, 5, 7% 8% 6% 4% 2% 2% % 41% TMT PROF PHARMA FIN OTHER SERVICED OFFICES FMCG Q % 9% 12% SERVICES ENERGY M&D RETAIL -9,999 1,-24,999 25,-49,999 5,+ Take up in Q1 was 3% higher than the 5 year quarterly average totalling 345,32 sq ft There were 31 transactions in Q1 leading to an average deal size of 11, sq ft The TMT sector has been the most active over the last 15 months accounting for 41% of the market Despite high interest levels, serviced office companies are the 6th most active sector in the market 6 THAMES VALLEY & WEST LONDON MARKET UPDATE
7 MARKET TAKE UP THAMES VALLEY TOP 5 TRANSACTIONS PROPERTY NAME TOWN DATE TOTAL AREA (SQ FT) OCCUPIER THAMES TOWER READING MAR-18 37,632 ERICSSON TOR MAIDENHEAD MAR-18 21,852 LANE4 THAMES TOWER READING MAR-18 29,632 FORA 27 BATH ROAD SLOUGH FEB-18 45,112 STANLEY BLACK & DECKER BELMONT UXBRIDGE JAN-18 23, GIFF GAFF 7 THAMES VALLEY & WEST LONDON MARKET UPDATE
8 AVAILABILITY THAMES VALLEY THAMES VALLEY AVAILABILITY AVAILABILITY BY TOWN 1,, 1,, SQ FT 8,, 6,, 4,, SQ FT 8, 6, 4, 2, 2,, Bracknell Heathrow High Wycombe Maidenhead Marlow Oxford Reading Slough Uxbridge Windsor Wokingham Total Supply Grade A Other 5 yr ave 1 yr ave Grade A Total Availability has remained flat over the last three years and now sits just ahead of the 5 year average, but well below the 1 year average Despite a number of speculative development completions, Grade A availability has remained stable Despite availability levels higher than the 5 year average, a number of markets such as Oxford and High Wycombe are starved of Grade A supply Availability is set to fall over the coming quarters with limited developments due to complete in THAMES VALLEY & WEST LONDON MARKET UPDATE
9 KEY DEVELOPMENT COMPLETIONS THAMES VALLEY THAMES VALLEY DEVELOPMENT PIPELINE 12, 2 4 1, 3 8, 1 SQ FT 6, 4, 2, 124 ARLINGTON BP 32, SQ FT THE LANTERN, MAIDENHEAD 2, SQ FT 1 VICTORIA STREET, WINDSOR 44, SQ FT FUTURE WORKS, SLOUGH 1, SQ FT LANDLORD APAM/PATRON Q3 218 LANDLORD BERWICK HILL Q4 218 LANDLORD L&G Q4 219 LANDLORD U&I/ASHBY Q2 218 Q2 218 Q3 218 Q4 218 Q1 219 Q2 219 Q3 219 Q4 219 OUT OF TOWN TOWN CENTRE TOWN CENTRE TOWN CENTRE Date 9 THAMES VALLEY & WEST LONDON MARKET UPDATE
10 RENTS THAMES VALLEY THAMES VALLEY RENTAL GRAPH CURRENT RENT PER SQ FT per sq ft Stockley Park Uxbridge Current Rent Slough Maidenhead Bracknell Reading Marlow High Wycombe Oxford Headline rents increased by 1.3% in 217 Rents are expected to remain stable during 218 with a number of competing Grade A buildings in the market All markets in the Thames Valley have surpassed their previous peak Incentive packages have increased in markets where there are above average levels of supply 1 THAMES VALLEY & WEST LONDON MARKET UPDATE
11 DEMAND THAMES VALLEY THAMES VALLEY DEMAND NAMED DEMAND 1,8, 1 1,6, 9 1,4, 8 7 1,2, 6 1,, 5 8, 4 6, 3 4, 2 2, 1 Q1 214 Q2 214 Q3 214 Q4 214 Q1 215 Q2 215 Q3 215 SQ FT NUMBER Q4 215 Q1 216 Q2 216 Q3 216 Q4 216 Q1 217 Q2 217 Q3 217 Q4 217 Q1 218 Required space Average No. of requirements The average size of requirement increased in Q1 217 to 39, sq ft which is significantly ahead of the average of 15, sq ft 11 THAMES VALLEY & WEST LONDON MARKET UPDATE
12 WEST LONDON
13 MARKET OVERVIEW WEST LONDON TAKE-UP CHANGE FROM PREVIOUS PERIOD COMPARED TO AVERAGE SUPPLY CHANGE FROM PREVIOUS PERIOD Q ,997-32% -18% TOTAL STOCK 23,, 217 TOTAL 678,43-1% 4% TOTAL SUPPLY 2,252, % 5 YEAR QUARTERLY AVERAGE 16,463 YEAR S SUPPLY (BASED ON 1 YEAR AVERAGE) YEAR AVERAGE 644,337 VACANCY RATE 9.79%.61% 13 THAMES VALLEY & WEST LONDON MARKET UPDATE
14 MARKET TAKE UP WEST LONDON WEST LONDON TAKE UP (BY SIZE BAND) TAKE UP BY SECTOR 1,2, 1,, 8, 7% 5% 1% 1% TMT OTHER SQ FT 6, 4, 12% 34% SERVICED OFFICES FMCG PHARMA 2, 18% PROF 22% FIN Q1 218 ENERGY -9,999 1,-24,999 25,-49,999 5,+ Take-up in Q1 fell below the long term quarterly average by 18% totalling 132, sq ft There were 18 transactions in Q1 leading to an average deal size of 8, sq ft, which is below the average of 12, sq ft The TMT sector has been the most active over the last 15 months accounting for 34% of the WL market Serviced offices are the second most active sector in the market accounting for 18%, a trend that is likely to continue throughout THAMES VALLEY & WEST LONDON MARKET UPDATE
15 MARKET TAKE UP WEST LONDON TOP 5 TRANSACTIONS PROPERTY NAME TOWN DATE TOTAL AREA (SQ FT) OCCUPIER FC2 PARK ROYAL MAR-18 14,234 LIFE RESIDENTIAL WATERFRONT HAMMERSMITH FEB-18 25, JUICE + TRANSLATION & INNOVATION HUB WHITE CITY FEB-18 17,98 OVADO LEARNING VANTAGE LONDON BRENTFORD FEB-18 11, POLE 2 WIN 12 HAMMERSMITH GROVE HAMMERSMITH JAN-18 1,3 RESEARCH INSTRUMENTS 15 THAMES VALLEY & WEST LONDON MARKET UPDATE
16 AVAILABILITY WEST LONDON WEST LONDON AVAILABILITY AVAILABILITY BY TOWN 2,5, 7, 6, SQ FT 2,, 1,5, 1,, SQ FT 5, 4, 3, 2, 1, 5, Total Supply Grade A 5 yr ave 1 yr ave Hammersmith Grade A Chiswick Total White City Brentford Ealing Wimbledon Richmond Availability in West London is at a 1 year high, largely down to over 5, sq ft delivered in White City and 3, sq ft at Chiswick Park With a large amount of space expected to transact throughout 218, supply is expected to reduce in line with the long term averages With only four schemes set to be delivered in the market before 22, availability is not likely to increase across all markets With a large amount of Grade A supply in the market incentives have moved out in all key centres 16 THAMES VALLEY & WEST LONDON MARKET UPDATE
17 KEY DEVELOPMENT COMPLETIONS WEST LONDON 1 WEST LONDON DEVELOPMENT PIPELINE 4 3, 25, 2, 2 3 SQ FT 15, 1, 5, WEMBLEY PARK 55, SQ FT WELLINGTON, WIMBLEDON 26, SQ FT 22/24 WORPLE ROAD, WIMBLEDON 4, SQ FT 245 HAMMERSMITH ROAD 245, SQ FT LANDLORD QUINTAIN Q3 219 TOWN CENTRE LANDLORD THREADNEEDLE Q1 219 TOWN CENTRE LANDLORD HENDERSON Q1 219 TOWN CENTRE LANDLORD L&G Q2 219 TOWN CENTRE Q2 218 Q3 218 Q4 218 Q1 219 Date Q2 219 Q3 219 Q THAMES VALLEY & WEST LONDON MARKET UPDATE
18 RENTS WEST LONDON WEST LONDON RENTAL GRAPH CURRENT RENT PER SQ FT per sq ft Hammersmith Chiswick White City Brentford Ealing Wimbledon Richmond Prime headline rents have been consistently increasing over the past 1 years at an average of 4.5% per annum With the majority of key centres well supplied with Grade A stock, rents may re-balance in 218 as there is more competition for occupiers Rents are likely to remain stable at these levels following a raft of speculative development completions 18 THAMES VALLEY & WEST LONDON MARKET UPDATE
19 DEMAND WEST LONDON WEST LONDON DEMAND NAMED DEMAND 1,8, 8 1,2, 7 1,, 8, 6, 4, , 1 Q1 214 Q2 214 Q3 214 Q4 214 Q1 215 Q2 215 Q3 215 SQ FT NUMBER Q4 215 Q1 216 Q2 216 Q3 216 Q4 216 Q1 217 Q2 217 Q3 217 Q4 217 Q1 218 Required space Average No. of requirements Despite good take up levels, occupier demand has fallen below the long terms quarterly average for the previous three quarters The average size of requirement is 15, sq ft across the market 19 THAMES VALLEY & WEST LONDON MARKET UPDATE
20 CONTACTS CHARLES DADY INTERNATIONAL PARTNER T +44 () E charles.dady@cushwake.com JAMIE RENISON INTERNATIONAL PARTNER T +44 () E jamie.renison@cushwake.com
UNITED KINGDOM SOUTH EAST OFFICES QUARTER
UNITED KINGDOM SOUTH EAST OFFICES QUARTER 4 2 ANNUAL TAKE-UP 3.66m SQ FT 5-YEAR ANNUAL AVERAGE 10% 5-YEAR AVG Q4 TAKE-UP 1.38m SQ FT 37% YEAR-ON-YEAR 34% QUARTER-ON-QUARTER MARKET HIGHLIGHTS Any concerns
More informationUNITED KINGDOM LEEDS OFFICES QUARTER
UNITED KINGDOM LEEDS OFFICES QUARTER 3 2018 2 528,654 SQ FT YTD INVESTMENT 335m 2018 Leeds city centre saw strong levels of demand in Q3 2018, with take-up at 191,464 sq ft. Similar levels of take-up were
More informationM25 OFFICES. Investment, development & occupier markets
research Q M OFFICES Investment, development & occupier markets Highlights Despite generally subdued occupier market activity in Q, Aker Solutions 1,7 sq ft pre-let at Chiswick Park boosted take-up in
More informationUNITED KINGDOM BIRMINGHAM OFFICES QUARTER
UNITED KINGDOM OFFICES QUARTER 4 2 TAKE-UP 753,329 SQ FT 113,713 KEY DEAL 118,240 SQ FT TO BCU AT BELMONT WORKS, EASTSIDE CITY CENTRE SERVICED OFFICES SQ FT HEADLINE RENT 33 PSF Take-up > Annual take-up
More informationRESEARCH INDUSTRIAL SNAPSHOT
RESEARCH INDUSTRIAL SNAPSHOT GREATER LONDON AND WESTERN HOME COUNTIES H2 2017 GREATER LONDON & WESTERN HOME COUNTIES LOGISTICS & INDUSTRIAL RESEARCH Introduction As the UK economy continues to grow so
More informationThe Western Corridor Industrial and Warehouse Market Report. Autumn 2015
The Western Corridor Industrial and Warehouse Market Report Autumn 2015 Highlights: 2015 TAKE-UP 2.8 million sq ft of floorspace taken up in Western Corridor. 19% on 2014 SUPPLY Q2 2014 6% up on half-year
More informationWestern Corridor. industrial market report
Western Corridor industrial market report Autumn 2017 Western Corridor industrial market report Autumn 2017 3 Introduction Highlights: H1 2017 Welcome to the new edition of our Western Corridor report,
More information3 FLOORS LET TO MINT VELVET. St John s Place EASTON STREET, HIGH WYCOMBE, HP11 1NL SECOND FLOOR 9,223 SQ FT (856.8 SQ M) TO LET
St John s Place EASTON STREET, HIGH WYCOMBE, HP11 1NL 3 FLOORS LET TO MINT VELVET SECOND FLOOR 9,223 SQ FT (856.8 SQ M) TO LET St John s Place EASTON STREET, HIGH WYCOMBE, HP11 1NL CONTEMPORARY OFFICE
More informationTVP2. Thames Valley Park, Reading RG6 1PT
Thames Valley Park, Reading RG6 1PT Thames Valley Park, Reading RG6 1PT is a headquarters office building originally developed by Argent. The building has undergone a major refurbishment to bring the accommodation
More informationWHY CAPITOL? PARKING BE WANTING. We recognise the importance of having plenty of parking. At Capitol we have 928 spaces that s 1 space per 198 sq ft.
WELCOME TO CAPITOL Capitol, Bracknell is a striking Grade A headquarters building situated in the heart of the Thames Valley. It is also Big. Very Big. At 183,000 sq ft and with floor plates of over 38,000
More informationQUEENSGATE HOUSE & PHOENIX
INVESTMENT OPPORTUNITY OFFICE BUILDINGS FOR IMMEDIATE OCCUPATION, AND WITH DEVELOPMENT AND REFURBISHMENT POTENTIAL QUEENSGATE HOUSE & PHOENIX BRACKNELL HOUSE RG12 1RB Phoenix House 17,958 sq ft (1,668
More informationThames Valley Office Market Report 2013 Inside this report:
Thames Valley Office Market Report 213 Inside this report: Across the pond: a US perspective on the Thames Valley The creative class : its impact on the Thames Valley Business expansion triggering corporate
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 4 2 TAKE-UP 1,750,276 SQ FT PRIME RENTS 37 PSF INVESTMENT VOLUME 708m 64% ABOVE 10 YEAR AVERAGE TAKE-UP was a record year in the Manchester office market, with
More informationBRACKNELL A Prime Town Centre Multi-let Office Investment Opportunity
BRACKNELL A Prime Town Centre Multi-let Office Investment Opportunity 2 INVESTMENT SUMMARY Bracknell is an established south east office centre located within the heart of the Thames Valley. Arlington
More informationCapitol, Bracknell is a striking, multi-let Grade A building situated in the thriving heart of the Thames Valley. It is also Big. Very Big.
welcome to CAPITOL Capitol, Bracknell is a striking, multi-let Grade A building situated in the thriving heart of the Thames Valley. It is also Big. Very Big. At 183,000 sq ft and with floor plates of
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 2 2018 2 327,035 SQ FT 53,839 SQ FT by WSP PRIME YIELDS 4.50% Following a record first quarter takeup, the Manchester office market saw 327,035 sq ft in 76 deals
More informationAutumn 2017 OUR VIEW ON HIGH STREET RETAIL
Autumn 217 OUR VIEW ON HIGH STREET RETAIL High street retail market overview High street s become the destination of choice for dining out Recent research by Springboard, the retail footfall specialist,
More informationChannel Islands Office Market Review.
Channel Islands Office Market Review 2017 www.d2re.co.uk Contents UK INVESTMENT MARKET OVERVIEW 2017 2017 Investment Volumes 2 Regional Offices Performance 3 JERSEY OFFICE MARKET REVIEW 2017 4 Background
More informationLIVERPOOL CITY CENTRE. Commercial Office Market Review 2005
LIVERPOOL CITY CENTRE Commercial Office Market Review 2005 SUMMARY Liverpool s office market is changing beyond recognition, with newly-built offices, increasing demand from professional and financial
More informationRESEARCH INDUSTRIAL SNAPSHOT
RESEARCH INDUSTRIAL SNAPSHOT GREATER LONDON AND WESTERN HOME COUNTIES H1 2017 GREATER LONDON & WESTERN HOME COUNTIES LOGISTICS & INDUSTRIAL RESEARCH Introduction Our report provides an insight into the
More informationONE BURLINGTON LANE HOGARTH ROUNDABOUT CHISWICK, LONDON W4 2TH
ONE BURLINGTON LANE HOGARTH ROUNDABOUT CHISWICK, LONDON W4 2TH The building offers an occupier the chance to relocate their headquarters to one of the most prominent sites in London and benefit from unrivalled
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 3 2 479,637 SQ FT 225,000 SQ FT Pre-let to Booking.com INVESTMENT VOLUME 147m Leasing activity in the Manchester office market for the first three quarters of
More informationTVP2. Thames Valley Park, Reading RG6 1PT
Thames Valley Park, Reading RG6 1PT Thames Valley Park, Reading RG6 1PT is a headquarters office building originally developed by Argent. The building has undergone a major refurbishment to bring the accommodation
More informationPRIME CAR DEALERSHIP INVESTMENT. 115 Power Road Chiswick, London W4 5PY
PRIME CAR DEALERSHIP INVESTMENT 115 Power Road Chiswick, London W4 5PY Chiswick Park Station CHISWICK PARK Gunnersbury Station K IC W IS CH GH HI AD RO ER POW A4 D ROA CHISWICK ROUNDABOUT A406 NORTH CIRCULAR
More informationUK Office Market Outlook. Strongest regional take-up since 2007 H2 2015
UK Office Market Outlook Strongest regional take-up since 27 H2 UK outlook Economic fundamentals remain sound The UK economy remains on a solid growth path with rising real wages, low inflation and improving
More informationSPECIFICATIONS. Ground floor
ATRIA SPACE TO PERFORM Whether you re looking for 10,000 sq ft or up to 30,000 sq ft, Atria is a Grade A office building, that offers you the space, transport links and amenities your company needs. Situated
More informationsymmetry park Aston Clinton / A41 PHASE 1 M25 / J20 UNDER CONSTRUCTION READY Q NEW INDUSTRIAL / WAREHOUSE BUILDINGS
PHASE 1 UNDER CONSTRUCTION READY Q2 2019 / J20 NEW INDUSTRIAL / WAREHOUSE BUILDINGS PHASE 1 CURRENTLY UNDER CONSTRUCTION Units of 55,000, 83,000 & 110,000 sq ft (5,110, 7,711, 10,219 sq m) PHASE 2 AVAILABLE
More information* plus a top up at rent review
CENTRAL LONDON OFFICE MARKET - Q2 2015 WEST END CENTRAL LONDON OFFICE MARKET - Q2 2015 CITY Office rents and vacancy rates Quarterly take-up levels increased by 13% in Q2 2015 to reach 757,150 sq ft. This
More informationGOLD COAST OFFICE OVERVIEW
GOLD COAST OFFICE OVERVIEW JANUARY 2014 Gold Coast OVERVIEW Gold Coast office stock at January 2014 totalled 459,890 sqm, down by almost 4,000 sqm on the mid-year stock level. Around 2,000 sqm of refurbished
More informationUK Office Market Outlook. UK Office Research H1 2015
UK Office Market Outlook UK Office Research H1 2015 UK outlook Solid economic growth Domestic economic momentum remains robust. While GDP growth of 0.4% in Q1 was below the 2014 pace it picked up in Q2
More information& BRACKNELL BOULEVARD CAIN RD, BRACKNELL RG12 1WP
PRIME THAMES VALLEY OFFICE INVESTMENT OPPORTUNITY Prime Thames Valley Office Investment Opportunity BOULEVARD BOULEVARD INVESTMENT CONSIDERATIONS An opportunity to acquire two adjacent, well-located buildings
More informationQ UK Research & Forecast Report
London Offices Snapshot Q1 2018 UK Research & Forecast Report BARNET HARINGEY WALTHAM FORREST Q1 2018 DEALS MAP ISLINGTON BRENT CAMDEN KENSINGTON WESTMINSTER HACKNEY NEWHAM HAMMERSMITH CITY TOWER HAMLETS
More informationVANWALL BUSINESS PARK MAIDENHEAD SL6 4UB
P R I M E T H A M E S V A L L E Y O F F I C E I N V E S T M E N T VANWALL BUSINESS PARK MAIDENHEAD SL6 4UB 2 INVESTMENT SUMMARY Prime Headquarters Office Building located on one of the Thames Valley s
More informationGRILLO EUROPE UK PROPERTY MARKET OCTOBER Independent Property Consultants. Economic Background
GRILLO EUROPE Independent Property Consultants UK PROPERTY MARKET OCTOBER 2014 Economic Background In our mid-year update we suggested that the strong performance of the UK economy would result in an early
More informationCoStar Awards Submission Criteria & Market Boundaries
Submission Criteria & Market Boundaries Agency Awards 2015 Table of Contents 1. Key Dates 2. How to Submit Data 3. Award Categories & Exclusions 4. Terms & Conditions 5. Market Boundaries & Definitions
More informationMarket in Minutes Germany office markets Q4 2015
Savills World Research Germany offices Market in Minutes Germany office markets 21 The facts at a glance rises by 2 - vacancy falls to 1-year low The top six office markets witnessed take-up totalling
More informationResearch. Business Parks Review. Autumn gva.co.uk. Manchester Airport City. gva.co.uk/research
Research Business Parks Review Autumn 2015 Manchester Airport City gva.co.uk gva.co.uk/research 1 Manchester Airport City Summary A total of 2.3 million sq ft of take-up was recorded on UK business parks
More informationCITY FLOOR REVIEW. A floor-by-floor analysis of the City office market Q4 2015
CITY FLOOR REVIEW A floor-by-floor analysis of the City office market Q4 215 QUARTERLY SUMMARY Take-up falls 3% on the quarter, but 215 volumes still 22% up on 214 Banking, finance and insurance occupiers
More informationFLOORS AVAILABLE INDIVIDUAL MEDINA & MERIDIAN MARLOW 9,700 SQ FT 23,000 SQ FT TO LET
INDIVIDUAL FLOORS AVAILABLE MEDINA & MERIDIAN MARLOW 9,700 SQ FT 23,000 SQ FT TO LET WWW.OFFICESMARLOW.COM TWO DETACHED OFFICE BUILDINGS MERIDIAN LET TO WHISTL MEDINA 9,700 23,000 SQ FT TO LET INDIVIDUAL
More informationravengreen THE MALL EALING BROADWAY LONDON W5 Well Let Town Centre Retail and Office Investment with Residential Development Potential
64 66 THE MALL EALING BROADWAY LONDON W5 Well Let Town Centre Retail and Office Investment with Residential Development Potential ravengreen CHARTERED SURVEYORS Gunnersbury Park Ealing Green College Walpole
More informationHandy Cross Hub. Junction 4 M40, High Wycombe. New Thames Valley Mixed Use Business Park Development Opportunity
Handy Cross Hub Junction 4, High Wycombe New Thames Valley Mixed Use Business Park Development Opportunity (CGI images for illustrative purposes only) Handy Cross Hub (HXH), Junction 4,, High Wycombe Executive
More informationAnnual Net Absorption (sq m) Annual Net Additions (sq m)
RESEARCH Jan-8 Jan-9 Jan-1 Jan-11 Jan-12 Jan-13 Jan-19 Jan-2 CBD total vacancy fell from 6.5% to 4.6% in the 12 months to January 218, the lowest level since July 28. The CBD recorded the strongest net
More informationTHEFUTUREWORKSSLOUGH.COM
BROUGHT TO YOU BY AGENTS THEFUTUREWORKSSLOUGH.COM THE FUTURE WORKS SLOUGH IS EVOLVING A three phase office development set within an entirely new commercial quarter in the Heart of Slough, providing 350,000
More informationRESEARCH CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE
CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE EDITORIAL Brexit still dominates the headlines and a lack of certainty
More informationGreat Portland Estates Trading Update Strong Operational Performance
Press Release 6 July 2017 Great Portland Estates Trading Update Strong Operational Performance Great Portland Estates plc ( GPE ) today publishes its trading update for the quarter to 30 June 2017. Continued
More informationWest of England LEP Quarterly Economic Bulletin April 2012
West of England LEP Quarterly Economic Bulletin April 212 Issue 1 Introduction This quarterly economic briefing note is intended to provide an overview of the economic health of the West of England looking
More informationWELCOME
www.westworldw5.com WELCOME " A landmark office building standing at the gateway to London " Westworld can offer an unrivalled quality of space, facilities and availability of parking in a private and
More informationUK Office Market Outlook H1 2014
UK Office Market Outlook H1 Investors target the regions Notwithstanding strong levels of activity, the occupational market has been overshadowed by the investment market where demand far outstrips supply
More informationHARMAN HOUSE CENTRAL UXBRIDGE. 1,000-12,954 sq ft
HARMAN HOUSE CENTRAL UXBRIDGE Grade A Refurbished Offices TO LET 1,000-12,954 sq ft A NEW HH OME FOR YOUR BUSINESS WELCOME TO SUPERBLY LOCATED, FULLY REFURBISHED OFFICE SPACE AT HARMAN HOUSE - A LANDMARK
More informationGOLD COAST OFFICE OVERVIEW
GOLD COAST OFFICE OVERVIEW Q1 2015 Gold Coast OVERVIEW Gold Coast office stock at January 2015 totalled 472,022sqm, up by just over 12,000sqm over the past year. The only new building completed in 2014,
More informationVisit Wales Research Update
Visit Wales Research Update 19 January 21 This update summarises tourism performance by drawing upon Visit Wales own research and information from other relevant sources. It is based upon information available
More informationJanuary 2018 UK Research & Forecast Report
London Offices Snapshot January 2018 UK Research & Forecast Report BARNET HARINGEY Figure 1: London Offices Take-up YEAR ON YEAR INDICATORS WALTHAM FORREST New/Refurb Second-hand Pre-let Average LONDON
More informationStrategically located on the southern edge of Park Royal, Europe s largest industrial area
PRIME PARK ROYAL Investment Opportunity with Redevelopment Potential John Lewis John Lewis Investment / Redevelopment Considerations Strategically located on the southern edge of Park Royal, Europe s largest
More informationGOVERNMENT LET OFFICE INVESTMENT
GOVERNMENT LET OFFICE INVESTMENT O&G OXFORD & GLOUCESTER HOUSE 49-63 CHICHESTER STREET BELFAST BT1 4RA Investment Summary Highly prominent office building located in Belfast City Centre. Significant frontage
More informationCENTRAL LONDON Q RESEARCH. Highlights. Quarterly Offices
RESEARCH 212 CENTRAL LONDON Quarterly Offices Highlights Take-up remained below the long-term average in the third quarter, with 2.1 m sq ft of transactions completed. However, the technology, media and
More informationTHAMES VALLEY TOWN CENTRE OFFICE INVESTMENT BELL TOWER HOUSE BELL STREET, MAIDENHEAD, SL6 1BU
THAMES VALLEY TOWN CENTRE OFFICE INVESTMENT BELL TOWER HOUSE BELL STREET, MAIDENHEAD, SL6 1BU INVESTMENT SUMMARY Town Centre office investment in the heart of the Thames Valley Exceptionally well located
More informationRidgeway distribution centre, Ridgeway Iver SL0 9HX
Ridgeway distribution centre, Ridgeway Iver SL0 9HX PRIME freehold multilet Distribution Centre On the instructions of LONDON M4 J15 HEATHROW AIRPORT READING J5 M4 M25 THORNEY LANE NORTH J1 M40 1G 1F 1E
More informationUK Office Market Outlook H2 2014
UK Office Market Outlook H2 Regional revival The investment market led the charge in but by year-end the occupational market had matched the pace with all major markets outside London (asides from the
More informationBusiness Parks Review
Research bulletin Business Parks Review Discovery Park, Kent Spring 2013 Discovery Park, Kent Gallions Wexham Springs, Berkshire Gallions Wexham Springs, Berkshire Summary Business park office take-up
More informationMEDINA & MERIDIAN MARLOW
MEDINA & MERIDIAN MARLOW TWO ADJACENT COMPREHENSIVELY REFURBISHED HEADQUARTER OFFICE BUILDINGS 23,000 & 16,500 SQ FT TO LET WWW.OFFICESMARLOW.COM 2 TWO DETACHED OFFICE BUILDINGS TOTALLING 39,500 SQ FT
More information3 QUEENS ROAD READING, RG1 4AR
3 QUEENS ROAD READING, RG1 4AR PRIME SOUTH EAST MULTI-LET TOWN CENTRE OFFICE INVESTMENT lsh.co.uk Investment Summary Grade A office investment located in the heart of Reading town centre, totalling 15,445
More informationNEW BUILD AND DESIGN & BUILD OPPORTUNITIES UP TO 155,000 SQ FT
NEW BUILD AND DESIGN & BUILD OPPORTUNITIES UP TO 155,000 SQ FT OVE RVI EW S E G R O PA R K PHASE 1 TO LET 90,000 S Q F T U N DER CONSTRUCTION A V A I L A B L E Q 3 2 017 PHAS E 1 9 0,0 0 0 S Q F T UNDER
More informationCENTRAL LONDON Q RESEARCH. Highlights. Quarterly Offices
RESEARCH 213 CENTRAL LONDON Quarterly Offices Highlights Take-up totalled 2.6 m sq ft, although this was heavily influenced by Google s purchase of its 8, sq ft headquarters building which boosted the
More informationGlory Park. Agents: Savills / Strutt & Parker
Glory Park www.glorypark.co.uk Agents: Savills / Strutt & Parker another development by properties Glory Park has a rich history of commerce and innovation which dates back to the late 13th Century. The
More information24/28 QUEEN VICTORIA STREET READING RG1 1TG
24/28 QUEEN VICTORIA STREET READING RG1 1TG INVESTMENT SUMMARY Reading is an important and affluent, regional retail centre with an extensive primary catchment population of 692,000 and total catchment
More informationARLINGTON BUSINESS PARK READING, RG7 4SA
READING, RG7 4SA Arlington Business Park, Reading offers an environment that is second to none, providing your staff with the perfect blend of setting, location and service. Arlington offers a unique opportunity
More informationWE KNOW THE ECONOMY BULLETIN ECONOMIC. Issue 7. October 2013
WE KNOW THE ECONOMY ECONOMIC BULLETIN Issue 7 October 213 WE ARE A PRIVATE/PUBLIC PARTNERSHIP THAT IS GROWING THE ECONOMY OF THE BRISTOL & BATH CITY REGION. SKILLS MANAGING FUNDS INWARD INVESTMENT PLACE
More informationIncrease in CBD demand causes asking rates to rise
MARKETVIEW Norfolk Office, Q4 16 Increase in CBD demand causes asking rates to rise Rate.2% CBD Rate.1% Asking Rate $18.85 PSF FS (10,707) SF 190,080 SF *Arrows indicate change from previous quarter. Figure
More informationAN OUTSTANDING RESIDENTIAL, RESTAURANT, RETAIL AND LEISURE DESTINATION IN EALING, LONDON W5
AN OUTSTANDING RESIDENTIAL, RESTAURANT, RETAIL AND LEISURE DESTINATION IN EALING, LONDON W5 WHY BUY A HOME FROM ST GEORGE? St George is proud to be part of the Berkeley Group. For 40 years, the group has
More information89/91 CLARENCE STREET & 2/6 CASTLE STREET KINGSTON-UPON-THAMES PRIME RETAIL / OFFICE INVESTMENT BLOCK FOR SALE
89/91 CLARENCE STREET & 2/6 CASTLE STREET KINGSTON-UPON-THAMES PRIME RETAIL / OFFICE INVESTMENT BLOCK FOR SALE INVESTMENT SUMMARY Kingston-upon-Thames is one of the UK's most significant and renowned retail
More informationTHE BRITISH LAND COMPANY PLC INTERIM MANAGEMENT STATEMENT A Good Start to the Year Delivering on Strategy
Press Release THE BRITISH LAND COMPANY PLC INTERIM MANAGEMENT STATEMENT A Good Start to the Year Delivering on Strategy 24 July 2013 British Land today publishes its Interim Management Statement for the
More informationPEMBROKE HOUSE GUILDFORD GU1 4QA. Prime Thames Valley Office Development Opportunity
PEMBROKE HOUSE GUILDFORD GU1 4QA Prime Thames Valley Office Development Opportunity INVESTMENT CONSIDERATIONS Guildford is strategically located with excellent communication links to London, the M25 and
More informationNovember Christchurch and Canterbury Quarterly. Economic Report CHRISTCHURCH AND CANTERBURY QUARTERLY ECONOMIC REPORT
November 218 Christchurch and Canterbury Quarterly Economic Report CHRISTCHURCH AND CANTERBURY QUARTERLY ECONOMIC REPORT November 218 Christchurch Economy robust in September 218 Quarter Overview In the
More informationWORK WATERFRONT SUITES AVAILABLE FROM 9,100 TO 25,542 SQ FT
WORK WATERFRONT SUITES AVAILABLE FROM 9,00 TO 25,542 SQ FT WATERFRONT WATERFRONT IS ONE OF TWO GRADE A HEADQUARTERS BUILDINGS WHICH FORM HAMMERSMITH EMBANKMENT. THROUGH ITS FULL HEIGHT GLAZING & IMPRESSIVE
More informationOctober 2017 UK Research & Forecast Report
London Offices Snapshot October 2017 UK Research & Forecast Report BARNET HARINGEY WALTHAM FORREST Completed Pre-let/sold 10 Under Construction Permitted Not Started YEAR ON YEAR INDICATORS LONDON Grade
More information4.5% 1.4% 14.3% Inflation March 2018 y-o-y. Retail Sales, March 2018 y-o-y
City Report Q1 2018 4.5% 1.4% 14.3% GDP Growth Q1 2018 y-o-y Inflation March 2018 y-o-y Unemployment rate Q4 2017, Belgrade 494 2.2% 4.1% Net Salary February 2018, Belgrade Retail Sales, March 2018 y-o-y
More informationRetail Investment Opportunity. Windsor Peascod Street, Windsor, SL4 1DE Peascod Street, Windsor, SL4 1DE
Retail Investment Opportunity Windsor - Peascod Street, Windsor, SL DE Investment Summary The affluent commuter and historic town of Windsor is a leading retailing, business and tourist destination The
More informationProfile west. Impressive modern office environment. Excellent national and international access.
Profile west Impressive modern office environment. Excellent national and international access. At 52,990 sq ft (4,923 sq m ) Profile West is a landmark building which provides an impressive modern office
More informationENCOMPASS THE INFINITE POSSIBILITIES
ENCOMPASS THE INFINITE POSSIBILITIES A NEW 109,000 SQ FTGRADE A TOWN CENTRE OFFICE HEADQUARTERS A 5 MINUTE WALK FROM SLOUGH TRAIN STATION EXCELLENT CAR PARKING RATIO OF 1:418 SQ FT 2 3 4 5 I N N E R SPACE
More informationEXPLORE your future in Bracknell
EXPLORE your future in Bracknell MAP your central location Columbia has enviable transport links with easy access to the M3 and M4 motorways. Bracknell rail station, on the line between Reading and London
More informationGREAT WEST ROAD, BRENTFORD TW8 9DS. Part first floor now let to Verisure Services Ltd, only 5,615 sq ft (522 sq m) remaining on the 1st floor
GREAT WEST ROAD, BRENTFORD TW8 9DS Part first floor now let to Verisure Services Ltd, only 5,615 sq ft (522 sq m) remaining on the 1st floor BRENTSIDE PARK COMPRISES FOUR CAMPUS STYLE OFFICE BUILDINGS
More informationMARLOW HIGH STREET, MARLOW. 100% PRIME INVESTMENT IN AN AFFLUENT MARKET TOWN High Street, Marlow, SL7 1AW MARLOW: HIGH STREET
MARLOW: 12 14 HIGH STREET 12 14 HIGH STREET, MARLOW MARLOW 12 14 High Street, Marlow, SL7 1AW Investment Summary An affluent market town in the heart of the Thames Valley. A well configured retail unit
More information2 longwalk Stockley Park, Heathrow UB11 1BA
www.2longwalk.com 2 longwalk Stockley Park, Heathrow UB11 1BA Newly refurbished 48,552 sq ft headquarter office building 2 longwalk Stockley Park, Heathrow UB11 1BA 2 Longwalk offers businesses bright,
More information401 KING STREET HAMMERSMITH W6
2 3 INVESTMENT SUMMARY PROMINENT FREEHOLD CORNER PROPERTY, 0.45 ACRE SITE HAMMERSMITH IS A WELL-ESTABLISHED OFFICE, RETAIL, LEISURE AND RESIDENTIAL DESTINATION PROVIDING EXCELLENT CONNECTIVITY OFFICE AND
More informationAnnual General Meeting
Annual General Meeting 17 July 2018 www.britishland.com @BritishLandPLC A year of progress John Gildersleeve, Chairman Robust financial performance Net asset value (NAV) up 5.7% to 967p Valuation uplift
More informationHOUSE WATERSIDE RIVERSIDE UXBRIDGE 20,996 SQ FT (1,948 SQ M) TO LET A NEWLY REFURBISHED HIGH QUALITY OFFICE BUILDING
RIVERSIDE UXBRIDGE TO LET A NEWLY REFURBISHED HIGH QUALITY OFFICE BUILDING 20,996 SQ FT (,948 SQ M) This two storey building with striking curved frontage, is set in a pleasant waterside location overlooking
More informationThe complete work environment
05 CONTENTS 01 INTRODUCTION 01 TRANQUILLITY 02 The Park 04 Park Community 10 INTRODUCTION The complete work environment 01 INTRODUCTION Future Developments 12 02 CONNECTIVITY 03 EXCLUSIVITY 14 An Ideal
More informationIndustrial Market. jll.co.uk/industrial Spring 2017
Industrial Market UK Tracker jll.co.uk/industrial Spring 2017 Our industrial agents (multi-let) n o i t c u d o r t In Welcome to our new UK Industrial Market Tracker, which aims to monitor and evaluate
More informationPRELIMINARY PARTICULARS MODERN FREEHOLD OFFICE INVESTMENT OPPORTUNITY BELGRAVE HOUSE, MONUMENT HILL, WEYBRIDGE, SURREY KT13 8RN
PRELIMINARY PARTICULARS MODERN FREEHOLD OFFICE INVESTMENT OPPORTUNITY BELGRAVE HOUSE, 39-43 MONUMENT HILL, WEYBRIDGE, SURREY KT13 8RN INVESTMENT SUMMARY Weybridge is a prosperous Surrey town situated some
More informationLISBON STREET, LEEDS LISBON STREET, LEEDS DEVELOPMENT OPPORTUNITY
LISBON STREET, LEEDS DEVELOPMENT OPPORTUNITY 01 A CLEARED SITE OFFERING A DEVELOPMENT OPPORTUNITY EXTENDING TO A TOTAL OF 1.12 HA (2.77 A). THE SITE HAS POTENTIAL TO ACCOMMODATE UPTO FIVE BUILDINGS ON
More informationMedina. Marlow. Individual floors available. 9,800 23,000 sq ft To let.
Medina Marlow 9,800 23,000 sq ft To let Individual floors available www.officesmarlow.com Comprehensive refurbishment including new entrance and remodelled reception Approximately 9,800 23,000 sq ft to
More information3.5% 2.3% 2.2% Inflation March Purchasing power per capita 2016 Prague
City Report Q1 2018 3.5% 2.3% 2.2% GDP Growth F2018 Inflation March 2018 Unemployment rate March 2018 Prague 1,539 10,526 3.8% Average Monthly Salary Q4 2017 Prague Purchasing power per capita 2016 Prague
More informationWell Located South East Office Investment BIWATER HOUSE DORKING
Well Located South East Office Investment BIWATER HOUSE DORKING Investment Summary Situated on Station Approach, the property forms part of the Station entrance to the main line Dorking Railway Station
More informationASIA PACIFIC OVERVIEW
OFFICE July - September ASIA PACIFIC OVERVIEW A CUSHMAN & WAKEFIELD QUARTERLY RESEARCH PUBLICATION A CUSHMAN & WAKEFIELD QUARTERLY RESEARCH PUBLICATION ASIA PACIFIC OFFICE OVERVIEW OCCUPIER CONDITIONS
More informationSpotlight Leeds Offices Summer 2016
Savills World Research UK Commercial Spotlight Leeds Offices Summer 2016 6-7 Park Row Leeds station, southern entrance SUMMARY g Leeds has strengthened its position as one of the key regional cities in
More informationQUARTERLY UPDATE 31 MARCH 2017
AUSTRALIAN PROPERTY OPPORTUNITIES FUND QUARTERLY UPDATE 31 MARCH 2017 The Australian Property Opportunities Fund (APOF I or the Fund) is pleased to provide this update for the March quarter 2017 (Q1 2017)
More informationA PROMINENT GRADE A HEADQUARTERS BUILDING TOTALLING 117,263 SQ FT
A PROMINENT GRADE A HEADQUARTERS BUILDING TOTALLING 117,263 SQ FT VANTAGE LONDON A 12-STOREY OFFICE BUILDING CONVENIENTLY LOCATED OFF JUNCTION 1 OF THE M4 WHICH BENEFITS FROM DIRECT ACCESS INTO CENTRAL
More informationBriefing Adelaide Fringe Office February 2018
Savills Research South Australia Briefing Adelaide Fringe Office Highlights A slight rise in the vacancy rate was led by the return of refurbished floor space, the largest level since 2013, reflecting
More informationTHAMES VALLEY PARK READING
THAMES VALLEY PARK READING CURRENTLY UNDERGOING AN EXTENSIVE REFURBISHMENT WHICH WILL INCLUDE A NEW FULL HEIGHT RECEPTION AND AN ADDITIONAL FLOOR INCORPORATING THREE FANTASTIC ROOF TERRACES. THE BUILDING
More informationSTAGE 6 TELEVISION CENTRE 101 WOOD LANE LONDON W12
TELEVISION CENTRE 101 WOOD LANE LONDON W12 For over 50 years, the BBC has been broadcasting from Television Centre in White City, West London. This location and the iconic Television Centre, are firmly
More information