The pressure of London’s housing need and the impact of its growth is being felt in those authorities making up what we call, the ‘London Belt’. The London Belt is formed of 47 Local Planning Authorities, which all share pressing housing needs, a connection to London in terms of its residents commuting to London, and one common constraint to significant growth – they contain Green Belt.
This report identifies the position of authorities within the London Belt, many of which are juggling out-of-date development plans, increased housing need, duty to cooperate pressures and potentially face the difficult decision of Green Belt release. It also looks at each authorities’ political context, and whether they have Community Infrastucture Levy and Neighbourhood Plans in progress.
CBRE has an experienced and dedicated Planning team with a track record of success in creating value through planning permissions and site allocations on major developments across the country.
The recent acquisitions of both Parkdean Resorts for £1.35bn and Park Holidays for £362m indicate major confidence in the UK Holiday Park market and the strengthening outlook for UK domestic holidays demand. CBRE provided vendor due diligence valuations for both operators’ sales process.
The value of leasehold due diligence to cover all risks and maximise opportunities at purchase is significant.
Debt outlook 2017 – Key themes are emerging in 2017 that will influence lending terms in the Leisure market. More choice, more uncertainty and more opportunity will require greater analysis to ensure success of deals.
Cinema box office in 2016 in the UK & Ireland reached £1.33bn to become the highest-grossing year ever.
Health and fitness – 2016 saw a high level of corporate activity in the sector. We look at trends and demand in 2017.
There has been a flurry of transactions across Specialist Markets in the second half of 2016, we summarise some highlights.