The increasing migration of flexible office space to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12bn to local economies in the next decade, according to a socio-economic study of second-city and suburban workspaces.
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A future of expansion, thousands of homes, commercial and leisure space and a new railway station awaits The Oxford Science Park (TOSP), delegates heard at the latest UK Prop Social event.
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Retailers are increasingly seeking rent reductions on shops up for lease renewal as rivals cut rents using CVAs. Does this mean retailers struggle in paying a fair rent in relation to their rivals? Will the retail industry find itself losing out as property investment declines in the long term?
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The move towards electric vehicles and ground-source heat pumps in homes will be promoted in a £41 million project involving Oxford City Council (OCC).
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Shops, restaurants and cafes could be asked to pay for improvements to Oxford city centre streets in a newly proposed BID (Business Improvement District) plan.
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Middle-market companies across the south remain positive about the impact of Brexit on their businesses according to the latest YouGov survey.
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