Commercial property values to fall 11 percent in response to Brexit
UK commercial property prices will fall by a double digit percentage over the next six months, according to new research by property consultancy Lambert Smith Hampton. The latest edition of the company’s quarterly UK Investment Transactions report predicts that market uncertainty generated by the UK’s decision to leave the EU will lead to an 11% fall in capital values by the end of 2016.Read more
Northern Powerhouse Office Market Report 2016
It’s been a turbulent few months for the Government’s Northern Powerhouse initiative yet, for the region's office markets, 2016 has been something of a ‘Goldilocks year’ – not too hot and not too cold - according to our latest Northern Powerhouse Office Market Report.
Sterling devaluation drives overseas property investment despite market uncertainty
Investment into UK commercial property fell to £9.7 billion in the third quarter of 2016, down by 24% on the same period last year, according to new research by property consultancy Lambert Smith Hampton.Read more
A word on rent reviews
There is a smile back on the faces of many commercial landlords, particularly in the industrial and office sector. As demand remains good and supply diminishes, rents have risen, and this has led to the return of the rent review (of course, they never actually went away but with little ammunition to prove increase, they have often been uncontested by landlords and settled without any uplift).Read more
The rise and rise of Leeds' TMT sector
Adam Varley, Head of Office Agency Lambert Smith Hampton's Leeds office, explores the property fundamentals behind Leeds’ burgeoning technology, media and telecommunications (TMT) sector.Read more
Uncertainty presents opportunity
New research from Lambert Smith Hampton reveals that investment volume in UK industrial and logistics assets was relatively resilient during the second quarter of 2016, with £1.12bn of industrial assets changing hands, down 24% on the same quarter in 2015 but nonetheless 3% above the ten-year quarterly average. Read more
Business rates shock for shopping centre owners
A new aggressive approach by the Valuation Office Agency (VOA) is leaving hundreds of shopping centre owners facing an unexpected increase in their business rates bills.Read more
Uncertainty weighs on London
The latest edition of our quarterly UK Investment Transactions report assesses the impact of the forthcoming EU membership Referendum on investment into commercial real estate during the first three months of 2016.
The return of renting
Lambert Smith Hampton, Countrywide and Hamptons International argue in their latest joint research report, 'How we live: the return of renting', that the rental market needs to be much better understood.Read more
2016 Industrial and Logistics Market Report published
The 2016 edition of our annual Industrial and Logistics Market Report, published today, reveals that 2015 was a sound year for the industrial and logistics occupier market, albeit fortunes were mixed across sectors and regions. The supply of industrial and logistics space fell to a record low of 200m sq ft in 2015 – down from a peak of 360m sq ft in 2012 - as take-up reached 96.4m sq ft, marginally above its recent average.