Bury as a town has been starved of new industrial and warehouse developments since the highly successful Bury South Business Park, which was developed by Property Alliance. This scheme which amounted to 56,000 sq.ft, took everybody by surprise back in 2012, all the accommodation was sold or let in a very short space of time. … Continue reading SPOTLIGHT ON BURY
Author: Nolan Redshaw
Spotlight on Burnley
It’s pleasing to see clients Maple Grove recently named as the appointed developer of the Town Centres major retail and office scheme. Reel Cinemas are anchoring the site, which will hopefully create further opportunities on the periphery of the town as they vacate their existing location off Manchester Road. The industrial market in the Borough … Continue reading Spotlight on Burnley
Is 2018 the Robotic age of Valuation?
AI and AVM’s can assist a valuer but also put them at risk due to future computerisation. The main question is whether these developments could help the valuer deliver a more accurate and efficient valuation, or alternatively, completely or partially, replace the role of the valuer. For instance, automated valuation models automated valuation models (AVMs) … Continue reading Is 2018 the Robotic age of Valuation?
Tough Times for High Street Resi Agents, will Commercial Agents face the same Struggle?
The recent article in the Daily Telegraph would suggest that there are testing times ahead for Residential Estate Agents. There is an increasing importance of search engines such as Rightmove and online Agents such as Purple Bricks, there is apprehension that a similar trend could also affect the Commercial Agency market. The main … Continue reading Tough Times for High Street Resi Agents, will Commercial Agents face the same Struggle?
Government Market Intervention in Property
Market Intervention ‘Market Intervention’ is when a government tries to control market inequities through regulation, taxation, and subsidies. Neither a market economy or planned economy is ‘perfect’ in terms of achieving pareto optimality. Market intervention is the mechanism for governments to bridge the void between the two in an attempt to bring about a mixed … Continue reading Government Market Intervention in Property