Article Abstract:
Out-of-town office and industrial developments are serving to boost the property market in Norwich, England. Indeed, the city is now beginning to attract national concerns, rather than just local companies. At Norwich Research Park, 20.2 ha of land has been allocated for research and development buildings, while 15.3 ha of land remains available at Wrenbridge's Gateway 11. This is set to fall substantially following detailed talks with possible occupiers. In the industrial property sector, there is relatively strong demand for units of more than 1,858 sq mt.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
There is enough demand for rental space in Soho, London, United Kingdom to fill 92,900 square meters of space. However, there are only 23,225 square meters of space available. Warner Brothers is moving out of the area because it cannot find suitable properties at reasonable prices. Other media companies, anxious to secure space, are moving to Regent Street, especially the east side. Companies such as Mentorn Films are not deterred by high rents.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The construction of a new warehouse building in Stevenage, England was seen as foolhardy until the recent upturn in the industrial market which has made the site very desirable. Other sites are now being considered for development as enterprising builders wish to take part in the upsurge of interest in the area. There are few new office buildings available but some properties which have been renovated remain vacant.
User Contributions:
Comment about this article or add new information about this topic: