Kage Kaisen Revival!

January 19th 2010, 6:45 pm by Kensei

.SITE RENOVATION.

To all our members,

I (Kensei), have decided to renovate the site, which has remained dead since our head Administrator, Baraku, went absent. There will be a new set of rules, a new skin, new profile formats...

Basically, we're starting the site over.

But don't be alarmed. For those of you who choose to return, you will not have to rewrite your application, or change it to the present system. Your applications are still there, resting in the Filing Cabinet -- feel free and ask the Staff to repost it if it has already been approved, or ask them to read over the application and approve it, then move it to the Approved sub-boards.

If you do not wish to roleplay on the site any longer, or the renovation does not appeal to you, all you have to do is tell the Staff in a PM ; your account will be removed without any questions.

We apologize for any inconveniences, and thank you all for your patience and cooperation.


Your loving (new) head Admin,
Kensei


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Tightening Birmingham Rents Hint At

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Tightening Birmingham Rents Hint At

Post by Mr007 on December 22nd 2010, 8:38 pm

Tightening Birmingham Rents Hint At Tall Future

Another indication that perhaps the British property market is starting to come out of recession is the improvement of grade A office rents outside London, with CB Richard Ellis showing that prices have stopped falling in Birmingham.

Since 2008 the rents have slid from 33 per square foot to 27.50 per square foot whilst take up has fallen from 959,317 square feet in 2008 to 657,280 square feet in 2009. So far in 2010 it has run at 546,000 square feet for the first ten months of the year, which if annualised is a slight decrease on 2009.

Despite this, what's driving rental levels to harden is that very little grade A space is being built in Birmingham now, a pattern repeated all over the country.

In London this has already translated into a shortage of suitable new buildings coming on to the market, and thus a competition between developers to build approved skyscrapers - a relatively easy way possible to provide a large amount of prestigious square feet in a central location if you already have planning permission.

Birmingham, like London, also sees some major rental deals in excess of 100,000 square feet, but is running out of constructed buildings that can accommodate them although there are schemes like Kenmore's 1 Snow Hill Plaza and British Land's 103 Colmore Row waiting in the wings.

Whether this translates into a slew of new commercial property construction in Birmingham remains to be seen, but if the London experience is anything to go by, it's not something to be ruled out.

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