Recently in Norfolk Category
Were we drinking this by mistake last Friday?
Agents at our East of England Focus reception in Cambridge seemed pretty happy. In fact it was more than just being well-rested after the Christmas break it seemed like there was some genuine confidence, something we've yet to see from other regional markets. It was as if someone had replaced the Cab Sav and Peroni with bottled optimism.
Is it genuine? You decide below. After all, despite the Cambridge market escaping the worst of the ravages of the recession it, along with the Peterborough and Norwich markets are still dealing with depressed rents, low levels of Grade A stock and the massive overhang of secondary space. You can listen to why the agents think things are better and what they think this year will be like by clicking the player below:
Martin Blackwell, managing director at Blackwell Consulting kicks off with the Peterborough market
At 3m12s James Allen, senior partner at Roche Chartered Surveyors talks about the Norwich market
And at 7m17s Will Mooney, partner at Carter Jonas explains about the Cambridge market
Whether you were there or not don't forget to check out our pictures of the event.
Picture by Robert Banh on Flickr
East of England Focus
Published February 25
Published February 25
Retail
Analysis of the Cambridge, Norwich, Ipswich and Peterborough markets
Mark Simmons, freelance writer, 07787 561032, msimmons@sourceform.co.uk
Enterprise Zones
What will be the impact on property and development following the introduction of Enterprise Zones in the region?
Mark Smulian, freelance writer, 07976 267 172, mark.smulian@virgin.net
Cambridge offices
Forecasts and predictions for the market from agents, developers and occupiers
Nadia Elghamry, deputy Regional editor, 020 7911 1849, nadia.elghamry@estatesgazette.com
Science parks
What is the outlook for the region's science park market?
Helen Hamilton, freelance writer, 07758 833735 bluesomeh@gmail.com
Feature includes data and analysis of the science park market. Please send any up to date stats to Nadia Elghamry, deputy Regional editor, nadia.elghamry@estatesgazette.com
Market healthcheck
Analysis and up to date figures for Cambridgeshire, Norfolk, Suffolk's offices, retail and industrial markets.
Stacey Meadwell, Regional editor, 020 7911 1819, stacey.meadwell@estatesgazette.com
To get more details about the individual features and the specific topics covered please contact the writers direct by Monday January 30, 2012
PUBLISHED 1 OCTOBER 2011
OfficesA look at trends in the marketplace.
Mark Simmons, freelance writer, 07787 561032, msimmons@sourceform.co.uk
Retail
Analysis of the market and forecasts
Adrian Morrison, freelance writer, 07818 013 233, adrian.morrison@addmor.com
Funding
What's the outlook for the city centre's funding market?
Nadia Elghamry, deputy regional editor, 020 7911 1849, nadia.elghamry@estatesgazette.com
Market health check
Covers offices, industrial and retail markets in all three counties. Please send any up to date stats to Nadia Elghamry, deputy regional editor, 020 7911 1849, nadia.elghamry@estatesgazette.com
Please contact writers with editorial information by Tuesday 6th September, 2011
Norwich city was looking fine in the sunshine yesterday. There's a bit of a retail success story going on as the city's seen White Stuff, Joules, Paperchase & Superdry - to name a few - all recently opening.
But there is some sour to go with that sweet. Those first three names have all opened up on Castle Street which was heavily hit by the opening of Chapelfield shopping centre but has since enjoyed something of a renaissance. The reason: rents are roughly half what they were at the peak, and retailers have been quick to bag a bargain. Rents are now staging something of a recovery, albeit a slow one.
Also, the city's worst kept secret is that Jamie's Italian will open up in the old Waterstones unit by Royal Arcade.
There's lots of pictures below if you'd like to see for yourself.
Building data isn't something we usually analyse on the Focus blog but, at the moment, with construction all but halted in many regions it's providing a good early indicator of when things might properly start rolling again.
Bidwells has just published its first Building Trends report and it reckons that the outlook for the south east (stripping out London) is benign at best, not helped by a 20-30% drop in property capital values in 2008.
For the east of England its says property is unlikely to rise rapidly in either the commercial or residential market for the next two to three years. There are a few exceptions (Oxford and Essex - click on read more below to see a breakdown by area) but Cambridge's science park market remains patchy and high property costs are inhibiting major new schemes. It says that colleges are foccusing on the volume and standard of student accommodation and ancillary projects such as kitchen refurbishements. When a report starts talking about putting in new cookers and fridges as the activity in the market is it time to worry?
Continue reading New construction orders still falling in south east.
Hot on our post last week about unusual properties being brought to the market comes another, this former Victorian mental hospital in Thorpe St Andrew, Norwich. One buyer could, literally, take over the asylum. Now that would be fun to throw into a dinner party conversation.

ESTATES GAZETTE CAMBRIDGESHIRE, NORFOLK & SUFFOLK FOCUS
Published 26 February 2011
Published 26 February 2011
Cambridge offices & science parks
Analysis of market trends
Contact: Daniel Cunningham, acting deputy regional editor, 020 7911 1822, daniel.cunningham@estatesgazette.com
Occupiers
Analysis of the trends across all three counties
Contact: Mark Simmons, freelance writer, 07787 561032, msimmons@sourceform.co.uk
Local Enterprise Partnerships
Analysis of the new organisations.
Contact: Melanie Clarkson, freelance writer, 0775 952 8010
melclarkson@googlemail.com
Infrastructure
Analysis of the impact of spending cuts across all three counties
Contact: Stacey Meadwell, regional editor, 020 7911 1819, Stacey.meadwell@estatesgazette.com
Market in numbers (all three counties, all sectors)
Please contact Stacey Meadwell, regional editor, stacey.meadwell@estatesgazette.com if you think you can supply up to date statistics.
Please contact writers with editorial information by Monday 31 January, 2011
PUBLISHED 18th September 2010
Cambridge public sector
A look at key issues and trends
Karen Day, freelance writer, 07971 671 369, karen.day@dsl.pipex.com
Ipswich
An examination of the local market
David Thame, North West features writer, 01544 262896, dthame@clara.co.uk
Huntingdon
What lies ahead for the town?
Nadia Elghamry, deputy regional editor, 020 7911 1849, nadia.elghamry@estatesgazette.com
Residential
Analysis of the sector and its effect on the local market
David Thame, North West features writer, 01544 262896, dthame@clara.co.uk
Market in numbers
Figures and forecasts covering offices, retail, industrial and investment across all three counties
Please send up to date statistics and forecasts to Nadia Elghamry, deputy regional editor, at nadia.elghamry@estatesgazette.com
Please contact writers by 24th August 2010
Well it certainly had the glitz, the glamour, and those all important gongs, but it also came with a sobering message: there may be trouble ahead.
Last night almost 200 of Cambridge property scene's great and good donned their black tie's and floaty frocks for the RICS East of England 2010 awards to see who would be taking home the organisation's prestigious glassware. A full list of winners is available by
clicking on the continue reading link below.
But the speeches had a sober note. DTZ's Robert Peto and RICS president-elect had many reaching for
the wine giving a grim reading of the economic challenges ahead saying
there may be worse to come.
Dr Nigel Brown OBE (the founder of NW Brown Group Ltd, Nigel Brown OBE, High Sheriff of Cambridgeshire- phew!) told the room that through his work with the Greater Cambridge Partnership monitoring Vat
returns and insolvency:'the fenlands were not good but most of rest is
ok.
' We also have large public sector which are big employers and that's not just the council but Addenbrookes, and two large universities. Addenbrookes management knows grant cuts on the way and that's even though the hospital is due to expand.'
The mood on our table, which covered two heads of agency and md of one of the few (possibly even only) local developer to be building was similar. Generally, resi was standing up but commercial returns were down a touch on forecast. The Microsoft deal at CB1had cheered a few up but all noted it was not yet a done deal with legals to go through and the developer still needing to get vacant possession of the building.
Continue reading RICS East of England awards: The worst is not over warns Peto.
Our Mipim issue is just going to bed cue:a huge sigh of relief in the office.
And in honour of the Cambridgeshire, Norfolk and Suffolk features in it we've asked the agents from the East of England what they think about their markets at the moment.
Locals from Cambridge, Norwich and Ipswich talk about:
- - Ashwell becoming Brookgate and the future of CB1
- - the general election
- - a potential prelet at Targetfollow's Duke's Wharf in Norwich
- - rental growth in Ipswich
Watch the short video above to hear what they say.
All these topics will be discussed in much more detail in this Saturday's EG, and you can now see all the pictures from the Cambridge reception by clicking here.

Recent Comments