Despite the unease created by the forthcoming Brexit referendum, there has been little sign of the uncertainty adversely affecting demand for local commercial property, report Worthing-based experts Brierley & Coe.
"As we have previously stated there continues to be ‘occupational’ demand for good quality office and industrial/warehousing space in this area from both local and national companies – the issue
Brierley & Coe helps Sussex Community NHS Trust
The Sussex Community NHS Trust will be moving into modern offices in Chichester after Brierley & Coe concluded leasing arrangements for two floors in The Bicentennial Building.
The Trust will occupy 9,660 sq ft on the first and second floors of the City centre location. Worthing-based commercial property consultants Brierley & Coe has arranged a 15-year lease… read the rest of “New offices support vital Sussex healthcare services”
As at the 22nd September the FTSE100 index had plummeted nearly 1,200 points (-16.5%) from its high point back in April with other indices around the world faring even worse. Compare these figures with recent research published by Investment Property Databank which shows that UK commercial property investment continues to show positive growth (1% in August) – in fact ‘All Property’ total returns for the 12 month period to 31st… read the rest of “Safety of 'Bricks and Mortar' - commercial property investment proves popular”
In an article published in The Guardian, the first rise in UK interest rates could be delayed until autumn 2016, according to City expectations, as market turmoil in China raises the prospect of historically low borrowing costs staying in place for longer than expected. Contemporaneous research by Dr Walter Boettcher, chief economist at Colliers International, provides a contrary outlook to recent escalating anticipation that the UK commercial property market has… read the rest of “Continuing low UK interest rates could nurture further commercial property value growth”
A new commercial property report to be published shortly highlights significant take-up of warehouse and industrial space in Worthing on the South Coast.
The May 2015 update commissioned by South East property consultants Brierley & Coe, near Brighton, reveals that a continued improvement in economic conditions is reflected in a net reduction of available space.
While demand for space remains strong, the modest volume of accommodation leased or… read the rest of “Big demand for Worthing industrial space ”