Author Posts :Simon Morris

  • By Simon Morris On Tuesday, December 15 th, 2015 · no Comments · In ,

    A range of reports have shown that European commercial property investment levels, particularly in the retail and office sub-sectors, rose throughout the third quarter of 2015....

  • By Simon Morris On Tuesday, December 08 th, 2015 · no Comments · In ,

    New figures have shown property expert Simon Morris that the financial services sector dominated the take-up of London office space in the first half of 2015....

  • By Simon Morris On Monday, December 07 th, 2015 · no Comments · In , ,

    Simon Morris has learned that property development firm City Developments London (CDL) has recently bought a brewery in Richmond, which they’re now planning to turn into a lucrative London property development. Moving away from the centre The prime central London property market heated up in 2015. Figures from an analysis report from WA Ellis (a London estate agency) indicate that the average price prime central London property per square foot now sits at £1,832 – a 1.4% increase between...

  • By Simon Morris On Friday, December 04 th, 2015 · no Comments · In ,

    UK Chancellor George Osborne recently announced in the Autumn Statement that the government is planning to raise tax on buy-to-let properties and second homes. Buy-to-let The Office For National Statistics’ September 2015 House Price Index suggests that average UK house prices rose 6.1% in the year to September 2015; up from 5.5% in the 12 months to August 2015. Meanwhile, new data from Nationwide indicates that the UK’s supply of residential property has fallen to its lowest level since...

  • By Simon Morris On Wednesday, December 02 nd, 2015 · no Comments · In , ,

    A new report has indicated to Simon Morris that millions of pounds worth of London commercial property is currently sitting empty in certain areas of the city. This is despite the fact that in certain areas of Central London, quality commercial property stock is in short supply. Property shortage Demand for London commercial property reached unprecedented heights in 2015. According to the Wall Street Journal, 11 million square feet of office space is currently being constructed in Central...

  • By Simon Morris On Tuesday, December 01 st, 2015 · no Comments · In ,

    Transport for London (TfL) has recently announced that they’re planning to build three property developments in the UK’s capital city. TfL’s plans TfL – the government body which is responsible for most aspects of the transport system in Greater London – has previously said that it plans to raise £3.4 billion in non-fare revenues by 2021. TfL commented that they want to generate these funds so that they can “reinvest in London’s transport network, supporting jobs and...

  • By Simon Morris On Wednesday, November 25 th, 2015 · no Comments · In ,

    New figures indicate that domestic British buyers are flocking to London’s housing market, says Simon Morris. Market for foreign buyers The UK capital’s residential property sector, especially its prime central district, has traditionally proved extremely attractive to cash-rich foreign buyers. A recent report from estate agency Marsh & Parsons has revealed, however, that they are beginning to abandon the market – but domestic British buyers are starting to fill the void. Marsh &...

  • By Simon Morris On Monday, November 23 rd, 2015 · no Comments · In

    New figures have shown Simon Morris that the central London office sector recorded double digital rental growth in the year to October 2015. Staggering demand London is one of the most important economic centres on the planet. Many companies want to base their offices in the UK’s capital city, and demand for office space in the city’s central district is particularly fierce. According to the Wall Street Journal, figures from accounting firm Deloitte indicate that London office space...

  • By Simon Morris On Friday, November 20 th, 2015 · no Comments · In ,

    A recent land sale in the UK’s capital city has indicated to Simon Morris that the lucrative London property development market could be going underground. Lucrative market There’s never been a better time to build property in London. The UK capital has seen house prices increase substantially and commercial investment volumes reach new heights in 2015. Also as Simon Morris previously reported, the city’s rental growth outstripped that of the rest of the UK’s in the third quarter of...

  • By Simon Morris On Thursday, November 19 th, 2015 · one Comment · In , ,

    New figures have indicated to Simon Morris that London’s rental growth significantly outstripped the rest of the UK’s during the third quarter of 2015. Rent culture Soaring house prices, coupled with limited residential property stock, have made it harder than ever before for people to buy their own home in London, This has forced many people to rent and According to the Telegraph, private sector rents in the UK capital have increased a staggering 34% throughout the past decade. London vs....

Goto :