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Minimum Energy Efficiency Standards and Their Impact on UK CRE

CRE Worldwide Posted on June 24, 2023 by Ramin SeddiqJune 24, 2023

Minimum Energy Efficiency Standards (MEES) are regulations requiring a minimum energy efficiency standard to be met before properties in England and Wales can be leased or sold. The standards are measured by an energy performance certificate (EPC) rating. According to … Continue reading →

Posted in International CRE | Tagged Development, Europe, Government, Hotels, Interest Rates, Investments, Leasing, Legal, London, Office, Operating Costs, Retail, UK

The Town and Country Planning Act of 1947 and Its Impact on UK Housing Supply

CRE Worldwide Posted on February 28, 2023 by Ramin SeddiqFebruary 28, 2023

A new study by Watling and Breach finds that Britain’s housing shortage began at the beginning of the post-war period, not at its conclusion. England and Wales saw housebuilding rates drop by a third after the introduction of the Town … Continue reading →

Posted in International CRE | Tagged Demographics, Europe, Government, Housing Market, Legal, London, UK

Continued Growth Expected in Central Europe’s Institutional Residential Property Market

CRE Worldwide Posted on December 25, 2022 by Ramin SeddiqDecember 25, 2022

Poland’s overcrowding rate—a measure of whether homes have sufficient rooms for the number of people in the household—is 37 percent, whereas the European Union average is 17.5 percent, according to Reuters (citing Eurostat data). Rising interest rates, limited housing supply … Continue reading →

Posted in International CRE | Tagged Economy, Europe, Housing Market, Interest Rates, Investments, Leasing, London, Multi-family

UK Office Occupancy Rates – Q3-2022

CRE Worldwide Posted on October 21, 2022 by Ramin SeddiqOctober 21, 2022

In recent weeks, UK office occupancy rates were around 30 percent, compared with an estimated pre-pandemic average of 80 percent, according to Reuters (citing data from Remit Consulting). In central London, 2.6 million square feet of space was leased in … Continue reading →

Posted in International CRE | Tagged Economy, Europe, Leasing, London, Office, UK, Vacancy Rates

UK Mortgage Rates

CRE Worldwide Posted on October 10, 2022 by Ramin SeddiqOctober 10, 2022

The current Bank of England base interest rate—the rate that largely determines mortgage interest rates—is 2.25 percent. This week, the average interest rates for two and five-year fixed rate mortgages topped six percent for the first time in over a … Continue reading →

Posted in International CRE | Tagged Economy, Government, Housing Market, Interest Rates, Investments, Lending, London, RE Sales, Residential RE, UK

Housing Price Inflation in the UK

CRE Worldwide Posted on June 22, 2022 by Ramin SeddiqJune 22, 2022

Average house prices in the UK increased by 12.4 percent to £281,000 ($344,097) over the year ending April 2022, according to the UK Office for National Statistics. Among the countries that comprise the UK, England has the highest average house … Continue reading →

Posted in International CRE | Tagged Economy, Housing Market, London, Pricing, Residential RE, UK

London’s Office Market During the Pandemic

CRE Worldwide Posted on August 21, 2021 by Ramin SeddiqAugust 21, 2021

Office vacancy rates in London have risen from 5.3 percent in March 2020 to nine percent in June 2021, with the vacant spaces mostly in older properties, according to Financial Times (citing Savills). The number of people coming to work … Continue reading →

Posted in International CRE | Tagged Economy, Leasing, London, Office, UK, Vacancy Rates

Brexit Concerns Impact London Office Market

CRE Worldwide Posted on April 22, 2016 by Ramin SeddiqApril 22, 2016

Investment volume in the central London office market dropped to £2.2 billion for the first three months of 2016. This is less than half of the £4.6 billion recorded in the last quarter of 2015 Erection official site viagra uk … Continue reading →

Posted in International CRE | Tagged Economy, Europe, Investments, London, Office, UK

Russians Continue to Find Security in London Real Estate

CRE Worldwide Posted on June 6, 2015 by Ramin SeddiqJune 23, 2015

In the first half of 2014, Russians purchased more than 20 percent of London homes with asking prices above $15 million, according to Families had deserted their farms, fresh air, and the fragrances of the generic no prescription viagra land, … Continue reading →

Posted in International CRE | Tagged Europe, Government, Housing Market, Investments, London

British Land Reports Robust 2014 Numbers

CRE Worldwide Posted on May 17, 2015 by Ramin SeddiqMay 17, 2015

British Land Company, one of the largest REITs in the United Kingdom, reports that the value of its total portfolio increased by 12.1 percent last year, according to Business Insider. The value of Clinically, male infertility has become browse around … Continue reading →

Posted in International CRE | Tagged Economy, Europe, Leasing, London, Office, REITs

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