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Andy Jansons : Business parks - time to move on?
Manage episode 446780055 series 3442832
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Almost exactly a year after Andy Jansons first joined us for the Battle & Bunce Talking Property podcast, he’s back – and this time he had some key developments to talk about.
Fresh from his acquisitions of two office parks, Andy, managing director of Jansons Property, explained his options for developing The Boulevard at Bracknell (Dell’s former head offices) and Kingsmead Business Park at High Wycombe. Subject to planning he is confident he can find value by redeveloping for industrial or converting to residential use as market sentiment changes.
Andy commented that the combination of poor office take-up and the high cost of refurbishment means that values and yields have plummeted across the Thames Valley secondary business park market, creating opportunities for entrepreneurial developers such as Jansons Property.
He also assessed the commercial property scene in towns in Berkshire and Buckinghamshire, including Reading, Maidenhead, Wycombe, Slough, and Newbury.
The discussion concluded on the office market across the region, the industrial scene, and the new Labour Government. NB: References were made by Andy to Article 14 and this should have been Article 4.
The Battle & Bunce podcast Interviews the people making the headlines across key property markets of Reading, Oxford, Cambridge and west London, loosely labelled the 'The Golden Triangle'.
Additional notes and details can be found in the weekly journal The Forum published by UK Property Forums.
www.ukpropertyforums.com
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