Tuesday, 1 June 2010

Staines also performs

Having outperformed its historic average in the recession, Staines is set for rental growth this year. That is the view of Knight Frank in its assessment of the M25 market. The strong performance also applied to Chiswick and Hammersmith. Looking ahead, Knight Frank predicts that in the next 12-18 months “demand for offices will be driven by lease flexibility and value for money.” Before the end of 2012, almost 557,400 sq.metres (6 million sq.ft.) of lease break expiries are anticipated across 19 key towns in the south east. This list includes Reading, Slough and Bracknell.

The agent also anticipates that, as far as the M25 is concerned, (the main part of which covers the top towns in the Thames Valley) take up will increase by 15% this year. Knight Frank believes that financial and business services will continue to grow rapidly and will account for nearly half the economy in the south east in 20 years’ time. On rents, the current year could see further declines but stability will return in 2010.



The Thames Valley Commercial Property Register

The Thames Valley and Heathrow Commercial Property Register is a leading UK business property publication from Martin Austen Publishing. The aim of the publication is to offer a simple and effective means of finding Offices Space in Thames Valley , Serviced Offices in Thames Valley Commercial property in the Thames Valley area. You can also find the latest commercial property news for the Thames Valley region.


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