High-end office shortage pushes firms into second-tier buildings as prime supply dries up
A shortage of prime office space is pushing UK businesses into older buildings, with experts warning the City could run out of top-grade offices by 2028.
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A shortage of prime office space is pushing UK businesses into older buildings, with experts warning the City could run out of top-grade offices by 2028.
UK retailers are increasing investment in physical stores, with shopping centres and food stores leading a revival as retail delivers the strongest returns across commercial property, Knight Frank research shows.
New analysis shows the 2026 business rates revaluation will sharply raise bills for seasonal and destination retailers while cutting costs for major high street names.
Chancellor Rachel Reeves’ assertion that her Autumn Budget delivers the “lowest tax rates since 1991” for more than 750,000 retail, hospitality and leisure properties has come under heavy scrutiny, with business-rates experts warning that the headline claim fails to reflect the reality facing most high-street premises.
More than 60 serviced office operators have warned Rachel Reeves that new business rates rules threaten thousands of UK SMEs, with sudden reclassification leading to steep bills and potential closures.
The UK’s healthcare property market is on course to reach record-breaking investment levels this year, with total deal volumes expected to hit £12 billion, according to new research by Knight Frank.
Mayfair tops London’s office rent rankings at £962 per desk, while Victoria and St James’ rise sharply amid growing demand for Westminster locations.
Cushman & Wakefield warns that rising vacancies and falling postgraduate demand are hitting the viability of the UK’s Purpose-Built Student Accommodation market, with affordability pressures reshaping rental growth and prompting warnings of oversupply in key cities.
Tritax Big Box has acquired more than £1bn in UK logistics assets from Blackstone, including nine megasheds and 32 city-fringe estates. The US private equity group will become the REIT’s second-largest shareholder as part of the deal.
LendInvest has funded a £3.74m residential scheme in Wokingham to transform a disused industrial site into 14 new apartments, including affordable housing.