How flexible working could affect commercial property

The rise of flexible working and the phenomenon of renting desks rather than whole spaces is changing the way commercial property is managed.

It’s likely that an increasing number of large commercial spaces will be altered and converted into smaller units. These would be designed specifically to attract smaller tenants, including sole traders, start-ups and SMEs. Continue reading

Trends in workplace design 2017 and beyond

richard carr office designDesign trends in the workplace are continuously developing. Creating an environment that helps employees work to the best of their ability, collaborate effectively and maintain productivity is a constant challenge.

With Millennials (born between 1980 and mid-2000s) taking over as the largest group in the workplace and Generation Z (born between 1994 and 2010) starting their careers, we’re looking ahead to many seismic changes when it comes to how and where we work. Continue reading

How will Brexit impact the commercial building market?

The uncertainty surrounding Brexit and the ongoing negotiations has led to questions over the future of every sector of business. And commercial property is no different.

Following the vote in June 2016, investment in commercial property did fall somewhat. Hotels, office space and retail properties took the biggest hit. However, there is still plenty of demand from tenants and, while initial numbers suggested tentative behavior, it could be a market correction, not a crash. Continue reading

UK Commercial Property Demand Rises In Q3 2016

Fresh evidence indicates that demand for UK commercial property increased in the third quarter of 2016. Richard Carr comments.

Lucrative market

Commercial property is becoming increasingly critical to the British economy, now accounting for 10% of the country’s net wealth. Data from PIA (Property Industry Alliance) indicates that the combined value of the UK’s commercial property stock rose by 11% from 2014 to 2015, to reach £871bn. Continue reading