economy
Global office rental growths slowed in third quarter of 2016
Annual rental growth on prime office assets across major global markets slowed to 2.9% in the third quarter of 2016 from 3.4% in the previous quarter and overall global leasing volumes are expected to be up to 5% lower than last year. Office rents increased by 0.5% quarter on quarter, down from 0.8% in the […] The post Global office rental growths slowed in third quarter of 2016 appeared first on PropertyWire . Continue reading →
New buy to let powers granted to Bank of England committee from early 2017
he Bank of England’s Financial Policy Committee (FPC) will be granted new powers by the Government to help it protect the financial system from future risks in the buy to let mortgage market. The FPC is responsible for identifying, monitoring and taking action to remove or reduce systemic risks in the financial system and these […] The post New buy to let powers granted to Bank of England committee from early 2017 appeared first on PropertyWire . Continue reading →
House building land in UK affected by developers post Brexit sentiment
Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading →