The Thames Valley office market enjoyed a bumper third quarter for take up with over 555,000 sq ft transacted, double that of the previous quarter and the highest level recorded since Q3 2010.
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Thames Valley industrial set for explosive rental growth and multi-storey development.
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Take-up in the Thames Valley office market stayed steady at 415,128 Sq ft in Q1 2018, compared to 430,502 sq ft in Q1 2017 and 449,121 sq ft in the previous quarter Q4 2017, while enquiry levels have hit their highest level for six years, according to LSH's latest Thames Valley Office Pulse.
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Despite recent changes in the tax regime, designed to dampen aspects of the buy-to-let residential market, there has been no tailing off of demand for the conversion of existing office buildings to residential under Permitted Development (PD) Rights.
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A significant expansion of co-working and serviced office operators acquiring space helps fill the flexible office space key trend in the Thames Valley.
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Plans unveiled to make this office building, likely to be the first in the UK to be accredited for wellness, the healthiest in the Thames Valley.
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