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Reporting daily on the Thames Valley property market 

Reporting daily from the Thames Valley        tvproperty.co.uk

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  1. New challenges of the evolving high street
    23 Feb, 2018
    New challenges of the evolving high street
    Jamie Barton, partner for real estate at BrookStreet des Roches, considers the 21st century issues facing operators in the retail world.       RETAIL DEVELOPMENTS It is no secret that the times are tough on the high street for many retailers. Online sales accounted for nearly 20 per cent of sales in November 2017 and the devaluation of sterling has led to an increase in costs in many supply chains. Meanwhile consumers have switched from spending on clothes to spending on leisure pursuits and
  2. It's all about performance
    19 Jan, 2018
    It's all about performance
    Our wellness round table, featured in three parts last week, brought together a range of people involved in improving employee performance through workplace design. Steve Hutton, director of Three Sphere Workplace Design,  sums up the debate and offers some assistance. Wellness debate Part 1: 'Employers fail to grasp the impact of the workplace' Wellness debate Part 2: 'Workers need a variety of spaces' Wellness debate Part 3: Feedback loop 'is essential' It’s all about performance - the art
  3. Be heard at the latest consultation on Heathrow
    17 Jan, 2018
    Be heard at the latest consultation on Heathrow
    Thames Valley businesses have been urged to get their voices heard in the latest consultation over Heathrow expansion – one of the UK’s largest ever. The Expansion and Airspace Principles Consultations involves two main themes. The first is about infrastructure design options for an expanded Heathrow and the second, on the future design principles for airspace around the airport. From today until March 28, a dedicated website allows comments on both consultations and, during the 10-week
  4. Will serviced apartments be the next property goldmine?
    11 Jan, 2018
    Will serviced apartments be the next property goldmine?
    We spoke to Thames Tap sponsor T A Fisher about one of the most exciting areas of development of recent years - one where its own subsidiary leads the market in the Thames Valley. Few people in development will be unaware of the major investment opportunities to emerge in recent times – but what will be the next?   Care homes, student accommodation, hotels, PRS and, of course, residential, are all segments of the property market which have risen in prominence.   But one area which has been

Our most read stories 

January 22 - January 28, 2018

  1. New challenges of the evolving high street
    23 Feb, 2018
    New challenges of the evolving high street
    Jamie Barton, partner for real estate at BrookStreet des Roches, considers the 21st century issues facing operators in the retail world.       RETAIL DEVELOPMENTS It is no secret that the times are tough on the high street for many retailers. Online sales accounted for nearly 20 per cent of sales in November 2017 and the devaluation of sterling has led to an increase in costs in many supply chains. Meanwhile consumers have switched from spending on clothes to spending on leisure pursuits and
  2. It's all about performance
    19 Jan, 2018
    It's all about performance
    Our wellness round table, featured in three parts last week, brought together a range of people involved in improving employee performance through workplace design. Steve Hutton, director of Three Sphere Workplace Design,  sums up the debate and offers some assistance. Wellness debate Part 1: 'Employers fail to grasp the impact of the workplace' Wellness debate Part 2: 'Workers need a variety of spaces' Wellness debate Part 3: Feedback loop 'is essential' It’s all about performance - the art
  3. Be heard at the latest consultation on Heathrow
    17 Jan, 2018
    Be heard at the latest consultation on Heathrow
    Thames Valley businesses have been urged to get their voices heard in the latest consultation over Heathrow expansion – one of the UK’s largest ever. The Expansion and Airspace Principles Consultations involves two main themes. The first is about infrastructure design options for an expanded Heathrow and the second, on the future design principles for airspace around the airport. From today until March 28, a dedicated website allows comments on both consultations and, during the 10-week
  4. Will serviced apartments be the next property goldmine?
    11 Jan, 2018
    Will serviced apartments be the next property goldmine?
    We spoke to Thames Tap sponsor T A Fisher about one of the most exciting areas of development of recent years - one where its own subsidiary leads the market in the Thames Valley. Few people in development will be unaware of the major investment opportunities to emerge in recent times – but what will be the next?   Care homes, student accommodation, hotels, PRS and, of course, residential, are all segments of the property market which have risen in prominence.   But one area which has been
  5. The developing world of student accommodation
    01 Nov, 2017
    The developing world of student accommodation
    Student accommodation in the 21st Century is a world away from the traditional halls of residence. Andy Jansons, managing director of Jansons Property, casts a developer's eye over this fast evolving market. Cinema rooms, PlayStation facilities and private dining areas illustrate how student accommodation has become one of the most exciting sectors for new developments in recent years. This once relatively-small market has evolved to a point where the major pension funds are now established
  6. How chancel repair liability continues to affect landowners
    17 Oct, 2017
    How chancel repair liability continues to affect landowners
    Despite changes in 2013, an ancient law could still present landowners with a large unexpected bill. BrookStreet Des Roches partner Rebecca Thomas explains.  CHANCEL REPAIR LIABILITY – IS IT STILL AN ISSUE? Chancel repair liability has the potential to leave property owners with a large bill to pay towards the upkeep of their local church. In October 2013, the law relating to chancel repair changed so that chancel repair liability stopped being an overriding interest – but what does this mean
  7. Permitted development: Positive or Negative?
    16 Oct, 2017
    Permitted development: Positive or Negative?
    Charles Royle, assistant portfolio manager for AEW UK, argues that Bracknell has done well from Permitted Development rights and questions the use of an Article 4 Direction. The introduction of permitted development rights for change of use from offices (B1a) to residential use (C3) in 2013 has been a huge benefit for the Thames Valley (TV) office market. Councils, landlords and occupiers have all gained from permitted development in different ways. * Councils have, according to DCLG, seen an
  8. A Thames Valley snapshot with Andy Jansons
    27 Jul, 2017
    A Thames Valley snapshot with Andy Jansons
    While the image of the Thames Valley’s office market is one of resilience, the differences between its main towns will influence the way occupiers and investors make decisions. Andy Jansons, managing director of Jansons Property, gives a snapshot of the main centres. Reading Reading’s rallying cry in recent years has been its relative value compared to London. But quoting rents in some of the prime new town centre office locations are almost reaching £40 per sq ft which, in my view, leaves too
  9. Easements and accessing additional land
    15 Jun, 2017
    Easements and accessing additional land
    Martin Billings, partner in the Real Estate department at BrookStreet des Roches, explains how what you might consider a simple right of way, can become a complex one.  In the recent Court of Appeal decision in Gore v Naheed, the court considered the extent to which a right of way in favour of one property could be used to gain access to another property. Whilst on the facts of this case it was found that a driveway could be used to access to an adjacent parking area, it is important to
  10. Affordable homes policy 'could threaten smaller schemes'
    19 Apr, 2017
    Affordable homes policy 'could threaten smaller schemes'
    Developer John Fisher says the requirement for affordable homes on small developments could threaten the viability - and therefore deliverability - of those schemes. Mr Fisher, managing director of Thames Valley housebuilder T A Fisher, says small developers seeking to maintain a high threshold of quality could find it difficult to incorporate both affordable houses and developer infrastructure contributions on smaller projects. Government changes to national planning policy have sought to
  11. Business rates during development
    06 Apr, 2017
    Business rates during development
    Rebecca Thomas, Partner - Professional Support at law firm BrookStreet des Roches, explains recent clarification on whether  business rates are due while a building is under refurbishment. The question of whether business rates are payable while a property is being redeveloped has been determined by the Supreme Court in a decision which will be welcomed by owners and developers. Overturning the Court of Appeal decision in Newbigin (Valuation Officer) v SJ & J Monk, it was held that where a
  12. Unintended side effects of a rent concession
    29 Mar, 2017
    Unintended side effects of a rent concession
    Following a recent judgement, a rent concession on a property could now be in very different legal territory. Martin Billings and Rosie Gibb, partners in the Real Estate department at BrookStreet des Roches, explain the full implications.  It is not unusual for a rent concession to be documented in a side letter, keeping the arrangement both confidential and personal to the tenant. It is also common for a side letter to contain provisions which allow the arrangement to be terminated if the