Saturday, May 10, 2014

Branson on Yorkshire - May 2014 Issue 46

spacer
Without fanfare, Yorkshire has weathered the economic downturn and emerged, perhaps, as a stronger location for commercial space than before.

That may sound like an unsustainable claim but there is solid evidence for a positive view of the region which is helped by a tough minded approach by business in general.

The reasons for this view are:  Leeds is putting in the best performance of the regional office markets, which may come as something of a surprise in Manchester and Birmingham. Rents are rising, incentives narrowing and new development is again in vogue.

A good example of the push for new schemes is provided by Bond Court;  The industrial sector has performed strongly and there is a significant shift to more manufacturing which apparently includes bringing production back from foreign countries.

The logistics sector is also in good health as retailers rationalise their distribution;  Sheffield appears to be grasping the nettle of moving away from undue lettings to the public sector and is now seeing new speculative development.

Other towns and cities are springing into life, such as York, which is receiving plaudits as a place to live and work, and Bradford whilst Hull can look forward to being the UK City of Culture in 2017.

Underpinning the rosier view is the rapid growth of start ups and the expansion of SMEs, which will provide the lifeblood for future expansion. That is a factor in York and points to the desire of TMT and small companies to locate in a favoured place.

BLOG ARCHIVE

June 2021
December 2020
March 2020
November 2019
October 2019
September 2019
August 2019
June 2019
April 2019
March 2019
February 2019
November 2018
October 2018
June 2018
April 2018
March 2018
February 2018
December 2017
November 2017
October 2017
September 2017
June 2017
March 2017
February 2017
December 2016
November 2016
October 2016
September 2016
June 2016
May 2016
April 2016
March 2016
February 2016
November 2015
October 2015
September 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
November 2014
October 2014
September 2014
June 2014
May 2014
April 2014
March 2014
February 2014
December 2013
November 2013
October 2013
September 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
July 2012
June 2012
April 2012
February 2012
January 2012

RELATED LINKS

Commercial Property Register. All rights reserved. Privacy Policy : Legal Information
Web design and hosting by iWeb Networks Ltd