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Berkshire synopsis

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ESTATES GAZETTE BERKSHIRE FOCUS           
PUBLISHED MARCH 13, 2010

Offices 
Analysis of the market's prospects.
Contact: Lauren Parr, senior reporter, Lauren Parr, senior reporter Europroperty, 07770 646 363, laursieloo@hotmail.com

People & Companies
As the economy moves out of recession what sort of shape is the agency landscape in?
Contact: Simon Jack, freelance writer, 01225 444 780, simon@sdjack.freeserve.co.uk

Industrial
Analysis of the market's prospects.
Contact: Simon Jack, freelance writer, 01225 444 780, simon@sdjack.freeserve.co.uk

 Please contact writers with editorial information by Monday 15 February, 2010

 

 


 

Will T5 cause office rents to take off in Berkshire

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361477737_c685c6904c_o.jpgInteresting piece of research emerged from Lambert Smith Hampton's Thames Valley office this week. They've done a bit of off-beat pondering linking Heathrow Terminal 5 to office rents in the area.

When terminal 4 completed in 1986 the extra wings over Berskhire's offices led to a bull market. Office rents doubled from £17.50 per sq ft (in the early 90s) to £35 per sq ft (2001). Admittedly, the report says prior to terminal 4 construction the east side of the airport was an industrial heartland and the market [excuse the pun] took off in a huge way. It's unlikely we'll see a similar jump with terminal 5.


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