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Office Market News

How to Make Drones a Powerful Tool for the Real Estate Market

Twenty years ago, real estate developers used to consider the aerial photographs and videos as the only possibility (beside simulations) to give them and their clients a fabulous insight about the project’s features or failures. Pricey, hard to get and hard to process, photographing and filming “from above” was done with the aid of helicopters or taller buildings in the neighbourhood.

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Rents and values in central London office market slipping due to Brexit nerves

Office rents and values have begun to slip across the central London commercial property market with some firms nervous about Brexit, a new report suggests.

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London Office Market reassured steady demand with 500,000 sq ft of new requirements launched in Q1.

Post-Brexit, the British commercial real estate sector experienced a period of stress: many managers and insurers had been forced to temporarily close their real estate funds in order to cope with the buybacks of investors. "The three years before the Brexit had been marked by double-digit returns," said Tony Brown, head of investment at M & G Real Estate.

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The UK Office Market Forecast for 2017

During 2016, the UK’s office market experienced a few ups and downs linked to political uncertainty and decreased consumer and investor confidence. In spite of this, the overall market performance did not stray far from what was expected: strong levels of leasing activity in the Big 6 office markets (namely Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester), sustained rental growth due to the limited availability of Grade A space in cities like Birmingham, Bristol, Leeds, Manchester, London, Cardiff, Edinburgh, and Glasgow, and a notable surge in the number of lettings closed in London towards the end of the year. Are these trends expected to continue during 2017?

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Bristol Office Building Bought for £1.58M

Eagle One has acquired a Bristol office building for £1.58m from Mayfair Capital Property Unit Trust (MCPUT).

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McLaren Lands £90m Mega-shed for Homeware Giant

McLaren Construction has won the contract to build a £90m distribution centre for homeware giant The Range near Bristol.

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Edinburgh and Glasgow Continue to Lead Performance

Findings from CBRE’s Scotland Property Quarterly Report. Leading property consultant CBRE has released the findings of its latest Scotland Property Quarterly report, with statistics showing Glasgow and Edinburgh’s office and industrial markets to be the strongest performers in the twelve months to the end of Q1 2016.

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LaSalle Buy Purley Way for £45 Million

LaSalle acquires prime south London retail park.

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