Monday, June 15, 2015

Branson on Thames Valley June 2015 issue 51

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Well, it looks as if the good times have returned to the Thames Valley with Bracknell flourishing again, Reading moving steadily ahead and West London surging.

It seems that the relief that the election is out of the way has helped the mood and brought forward deals that were waiting in the wings for a clear cut decision.

The prospect of substantial new transport links through the WRATH rail project and Crossrail has raised the temperature in the region and provided a basis for new development and expansion.

It comes at a time when shortages of industrial and office space are causing real concern in the market, even if the climate for new schemes has lightened considerably.

Indeed the process has started with capital values rising and rents on the upward path so that new development becomes more viable.

What is particularly interesting at this moment is that the analysis shows the breadth of the improvement.

Oxford has received accolades for the city centre office prospects and science sector while Bracknell has the prospect of a spanking new centre and a host of deals.

Meanwhile, Hammersmith is experiencing serious rental increases.

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