Letting before the year turns: The cost of a winter vacancy

Commercial landlords with premises still unlet in November have a matter of weeks to get a letting done before the year end. Deals that moved steadily through the autumn can stall once occupiers turn their attention to year-end, decision-makers become harder to pin down and getting a lease signed turns into a practical challenge of…

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The ups and downs of an Arsenal Fan

My dad and his two brothers grew up in Clerkenwell, back when it was a smoky industrial area, and long before the words flat white and avocado were first uttered in England. It was natural for them to follow the local team, Arsenal, though my grandfather was fond of the Orient. Leyton Orient, that is.…

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Building for the Future: An interview with Vicky Holloway

Vicky is an architect running her practice with her partner Nick. They both worked for larger companies, eventually setting up Holloway and Holloway in 2017 and have been working together ever since. What is your background and experience in the property industry? Holloway and Holloway Architects is run by Nick and Vicky Holloway. We are…

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Is the Building Safety Act really stopping tall buildings?

Since the Building Safety Act 2022 introduced a new approval regime for higher-risk buildings, many developers have concluded that tall residential schemes are too slow, too uncertain and too complex to be worth pursuing. That uncertainty has made some funders more cautious, particularly where they lack in-house expertise in the regime. That view is understandable,…

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Can lenders fund tall buildings with confidence?

A tall residential scheme can often look unattractive to a lender before the numbers are even opened. The building safety regime introduced by the Building Safety Act 2022 is technical, approval dates are uncertain and many lenders do not have an internal team that deals with higher-risk buildings every day. The cautious response can be…

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When is an aparthotel a higher-risk building?

Hotels have largely escaped the delays that the Building Safety Act 2022 has brought to tall residential development. A building used entirely as a hotel falls outside the higher-risk building regime. A new hotel tower therefore does not need approval from the Building Safety Regulator before work starts, and does not need to be registered…

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Planning permission means little if your access is unclear  

Planning permission can add significant value to a development site. However, that value depends heavily on the scheme being capable of delivery, and that is something that planning permission does not establish.  Access is a good example. A planning authority may be satisfied that a proposed access works in highways and planning terms, but that…

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Staying put? Treat any refurbishment and the lease renewal as one deal

For commercial tenants approaching lease expiry, staying put is increasingly a genuine alternative to relocation. There may be good reasons for it. Avoiding the cost and carbon associated with a move, retaining a location that works, and using refurbishment to create a substantially different workplace without changing address all makes sense. But there is a…

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Building Confidence: An interview with Craig Cunningham

This month we speak to Craig Cunningham of Regulyne Group. Craig has a background in leading businesses and operational teams across hospitality, real estate and construction, both in improving performance and helping organisations navigate change. His focus has shifted to the built environment and building safety sector. Regulyne Group exists to be greater confidence and…

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