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APRIL 2015

Innes-England
Innes-England is Most Active Agent
Top regional agency for eighth year!
INNES England is celebrating after being named as the Most Active Agent in a prestigious national competition for the eighth consecutive year.

The agency has been awarded the title in the Estates Gazette Interactive 2014 deals competition after completing an average of more than two deals per working day during the year.

The firm topped the rankings in the office, industrial and investment sectors as well as walking away with the overall title.

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Dilapidations claims could be on the rise

Are you up to date with dilapidations?
With second-hand office space dominating the regional market, dilaps disputes could be on the rise.

Research suggests that 80 office leases (129,000 sq ft of space) are to due expire in the first half of 2015 – up 250% since 2012. This dramatic increase could see landlords and tenants faced with the issue of dilapidations and the potential to incur unexpected costs.

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Real Estate Investment Trusts

Examining REITs
The East Midlands business community recently attended an IPF event examining Real Estate Investment Trusts at Nottingham Trent University.

With REITs distributing 90 per cent of their net income, private investors and income funds are attracted to this investment that canb deliver an annual return of six per cent.

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MIPIM

Spotlight shines on East Midlands at MIPIM
There was big interest in the regions this year at MIPIM – and investors and developers were keen to seek out opportunities.

Investment in infrastructure has already created a number of new and exciting commercial opportunities with newly released market-ready city and Enterprise Zone sites.

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The importance of technical due diligence

Unnecessary expenditure or essential due diligence?
With an improving economic picture and increased availability of finance, there is an upturn in the volume of property transactions.

Though many people are aware of the risks involved with investing in bricks & mortar and appreciate the importance of technical due diligence, some prospective tenants and freeholders may not be aware of all issues.

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The Boots Enterprise Zone launches

Nottingham’s Enterprise Zone comes to market
One of the most significant regeneration sites to come to market in the East Midlands has taken a massive step forward.

Innes England has been appointed by Boots to market the site, which has received outline planning for 900,000 sq ft of new commercial opportunities, 675 new homes and detailed planning permission for a new public highway.

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Calling all squash (and non squash) players!
We're on the hunt for players for a charity squash tournament on Friday 15 May at Nottingham Squash Rackets Club.

The event is in support of Cancer Research UK and is for players of all levels. Click the link to find out how you can help to raise money and enjoy an active afternoon of networking.

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EGi most active agent
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