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Another way to ride the business cycle

By: Series: Estates Gazette ; (0149) 8 December 2001, 102-103(2)Publication details: 2001Subject(s): Summary: Considers the trend among some agencies to move away from combined 'business space' teams to office and industrial specialists. Looks at how the Use Classes Order 1987 facilitated easy movement between business uses within commercial property, and suggests that teams tend to merge in good economic conditions. Considers the current climate with the slowdown of the IT and telecommunications industries and a stronger industrial sector, and suggests that these factors have encouraged some companies to separate their industrial and office teams. Discusses the pros and cons of both approaches and presents views from key industry players including Knight Frank, Insignia Richard Ellis, CB Hillier Parker, Chesterton and FPDSavills.

Considers the trend among some agencies to move away from combined 'business space' teams to office and industrial specialists. Looks at how the Use Classes Order 1987 facilitated easy movement between business uses within commercial property, and suggests that teams tend to merge in good economic conditions. Considers the current climate with the slowdown of the IT and telecommunications industries and a stronger industrial sector, and suggests that these factors have encouraged some companies to separate their industrial and office teams. Discusses the pros and cons of both approaches and presents views from key industry players including Knight Frank, Insignia Richard Ellis, CB Hillier Parker, Chesterton and FPDSavills.