Monday, February 8, 2016

Branson on Thames Valley February 2016 issue 53

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At the moment it would be hard to find a dent in the positive picture for the Thames Valley.

The combination of increased demand as the economy improves in the top region for high technology companies, new developments and significant transport improvements is boosting the commercial property market.

But it is also transforming some towns, as Jonathan Mannings of Rare highlights, with so many mixed use schemes providing a whole range of new and prime facilities. Above all the rail improvements, particularly for Reading, and the central London link will bring something of a revolution for many towns.For example, the rail link to Slough is a six minute journey time from Heathrow’s Terminal 5.

Reading is the main beneficiary with so many changes so it is no surprise that developers are positive about the town.

Maidenhead is gaining new momentum and status, mainly through Crossrail, and Bracknell is putting in a solid performance. There is equal optimism in the M3 corridor where Mark Clancy paints a positive picture for Basingstoke.

Added to this West London continues to do well and Chiswick Park stands out in this part of the region.

At the moment the one question looming is what effect the sudden loss of international confidence will have which has sent stock exchanges spiralling down. Slowing economies from the impact of China may have an adverse impact.

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