Arcadis to carry out £1bn transformation programme at Manchester Airport

Arcadis has been selected by Manchester Airports Group (M.A.G) to carry out the £1bn transformation programme at Manchester Airport in the UK.As a sole managed service provider, Arcadis will lead the ten-year investment programme, which is expected to create 1,500 jobs.The company will be responsible for the programme management of the entire transformation, encompassing programme […]

Booming Manchester needs extra 3 million sq ft of office space to cope with demand

It comes as real estate advisor Savills predicted that the number of office workers based in Greater Manchester is set to grow by around 36,000 by 2025.Booming Manchester needs an additional 3 million sq ft of office space over the next decade.That’s according to international real estate advisor Savills, which published findings from its latest […]

Manchester leads the way on property investments

With £8.2bn of investment in the last ten years, Manchester has topped CBRE’s regional property league, finishing comfortably ahead of both Birmingham (£6.5bn) and Glasgow (£5.3bn).CBRE’s report, Core Cities, Core Strengths, found that Manchester is the city outside London which has attracted the highest level of property investment over the last decade.The research, which offered a comprehensive […]

Manchester Leads UK Northern Economy Powerhouse

The city’s commercial property market is bigger than those of all other districts in the region combined.Summary:Manchester has now moved into the top 10 UK cities best placed to see economic expansion in 2016Total commercial property deals in Manchester last year equated to more than those in all other major Northern Powerhouse cities combinedWith the […]

How Will The New Cross Rail Station Impact On London Property Prices?

If you have not yet heard about the new cross rail project in the UK, you have missed out on one of the most innovative and talked about building projects for generations. It will essentially provide fast and accessible transportation links between London and the surrounding regions in the South West and South East.The project […]

Housing crisis sends property prices in London’s suburbs soaring to record level

London’s desperate housing shortage sent property prices surging to an all-time high last month, with the biggest increases in the suburbs.The average home’s value shot up by £10,683 between November and December — one of the biggest monthly jumps on record — to a fresh peak of £514,097, according to the latest Land Registry data.The […]

UK house prices rose 9.5% in 2015, says Halifax

UK house prices rose by 9.5% in 2015, according to the lender Halifax, making it the fastest annual increase in nine years.In the last month, prices went up by 1.7%, said the Halifax, bringing the average price of a home to £208,286.However, other lenders, such as the Nationwide measure, put the rate of increase much […]

Knightsbridge Home Prices Drop Most in Central London on Tax

Knightsbridge is the worst performing housing market in central London this year as rising taxes curb valuations in the district that’s home to the Harrods department store.Prices fell 6.1 percent as an increase in the stamp duty charge damped demand and sales volumes fell, according to Rupert des Forges, a partner at broker Knight Frank LLP. […]

Newham, east London, sees UK’s biggest house price rise

Buyers unable to afford capital’s more central areas trigger 22% jump in property values but prices slide in parts of Wales.Newham in east London experienced the biggest rise in property values during 2015, according to Halifax, as buyers priced out of the heart of the capital looked for houses within commuting distance of the city.Stamp […]

A bulk of Londoners are prepared to burn 50% of their salary on rent

London property prices are arguably out of control which has led to more people being forced to stay in rented accommodation.However, according to a YouGov poll commissioned by estate agents Knight Frank, a third of Londoners are now prepared to spend 50% of their salary on rent. That’s huge.The median average salary in the capital is just […]