Office to Residential Conversion to Reduce Office over supply
Posted by steve on Apr 17, 2013 in Commercial Property Manchester City Centre Property Management
Much is made of the potential overhang of office space in Regional City centres such as Manchester. This over supply of space has reduced rental growth expectations and the attractiveness of offices compared to other commercial real estate assets. The economy would have to grow very quickly...
Planning change - offices to homes
Posted by aran on Jan 25, 2013 in Commercial Property Manchester City Centre Property Management Magnus News
The Government announced this week that under new planning rules the owners of office buildings can convert them to housing without the need for planning permission. It is hoped that relaxing rules will help alleviate the housing shortage, provide a much needed boost to construction output and...
Construction Output
Posted by aran on Dec 17, 2012 in Commercial Property Small Business
Construction has always been one of the main barometers of economic output. Latest figures from the Office for National Statistic, as reported in the Daily Telegraph , show that construction activity has grown 0.7% in the three months to October 20012. However, overall activity is down...
Grand Designs
Posted by Mina on Oct 29, 2012 in Commercial Property Virtual Office Property Management
I love watching 'Grand Designs' with 'love me, love my hard hat' Kevin McCloud. Something I have noticed with the new Grand Designs season is that the various homes being converted from water-towers, residential basements or emerging from the mud of brown-field sites are...
Water, not Wind Turbines or Solar Power
Posted by Mina on Oct 29, 2012 in Commercial Property Property Management
During my travels, I sometimes wonder how many wind turbines would it take to run a single Virgin Pendolino train from Manchester to Euston? The answer will be none, because you need constant electrical input to run a train. Wind and Solar power have outputs which are...