Category : Property Development

  • 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 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 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....

  • By Simon Morris On Monday, November 16 th, 2015 · no Comments · In , ,

    New figures from Halifax have indicated to Simon Morris that the growth rate of average UK house prices increased in the year to October 2015. Rising prices It’s quite clear that the UK housing market has been growing for some time. The Office for National Statistics’ August 2015 House Price Index suggested that average UK house prices expanded 5.2% in the 12 months to August, unchanged from the rate annual of growth to July 2015. Meanwhile statistics from Halifax indicate that average UK...

  • By Simon Morris On Thursday, November 12 th, 2015 · no Comments · In ,

    New data has suggested to property expert Simon Morris that the number of residential property sales in the UK rose during September 2015. Robust market The UK’s residential property market has recorded impressive growth rates throughout 2015. The Office For National Statistics’ (ONS) August 2015 House Price Index showed that the country’s average house price expanded 5.2% in the year to August 2015. This is the same rate of growth as that recorded in the 12 months to July 2015. The...

  • By Simon Morris On Monday, November 09 th, 2015 · no Comments · In ,

    New figures from Halifax have indicated to Simon Morris that the growth rate of average UK house prices increased in the year to October 2015. Rising prices It’s quite clear that the UK housing market has been growing for some time. The Office for National Statistics’ August 2015 House Price Index suggested that average UK house prices expanded 5.2% in the 12 months to August, unchanged from the rate annual of growth to July 2015. Meanwhile statistics from Halifax indicate that average UK...

  • By Simon Morris On Friday, November 06 th, 2015 · no Comments · In , ,

    As warnings issued by the construction industry have previously suggested to Simon Morris, new figures indicate that a skills crisis could hold back UK property development growth. Need for development  It’s becoming increasingly clear that the UK needs more residential property. This country is facing a real housing crisis, and this presents a gap in the market for residential property developers. If you want to look at the role that residential property development is playing in solving...

  • By Simon Morris On Monday, October 26 th, 2015 · one Comment · In , ,

    Simon Morris has learned that supermarket chain Tesco has decided to sell several sites in the UK’s capital city to London property development specialists for redevelopment. House building drive London is the commercial heart of the UK’s economy. The city has seen swathes of commercial property development over the past few years, but this has had an unfortunate consequence. It has deprived the UK’s capital city of the residential property stock it needs to house the people that have...

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