Saturday, October 5, 2013

Branson on Thames Valley - October 2013

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It would appear that the Thames Valley has got its mojo back with an upsurge of confidence from companies, developers and agents.

The mood has lightened and spread throughout the area as enquiries increase and companies take space.

Noticeably there are many smaller companies that are now growing fast and need bigger buildings.

That has been a godsend to Country Estates whose 14 business parks specialise in helping smaller firms, the very sector that is feeling the benefit of an improving economy.

Major deals at Heathrow and nearby Hayes also speak volumes for the rise in confidence which is playing such a part in Reading, Bracknell and West London.

Include Slough in this scenario, where 10 properties have been sold for conversion to other uses.

We are now recycling properties for alternatives uses, whether it be for start ups or residential. That is healthy and heralds the return of the risk taker in the property industry.

On the horizon is the opening of Crossrail which is going to revolutionise communications from some parts of the Thames Valley to central London. It looks as though the business community has not fully assessed that new transport link. It should look at the impact the Jubilee Line had on south London.

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