The uncertainty around Heathrow expansion and if, how, and when it will take place is putting life on hold for owners and occupiers in the shadow of potential major disruption/compulsory acquisition. Owners with occupiers who don’t want to commit other than on a short term basis need to think carefully now, if they are not doing so already, about how they build evidence of rents, lease terms, and investment values in an non-expansion world to support a valuation for CPO purposes”
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SEGRO stalls Heathrow development over airport uncertainty
SEGRO stalls Heathrow development over airport uncertainty By David Hatcher16/02/2018 | IndustrialPrintDownloadShare SEGRO is to pause major redevelopment around Heathrow until there is greater clarity over if and when the airport will be expanded.
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As Rachel Reeves delivers her long-awaited Budget, the first by a Labour government for almost 15 years, we summarise the headline items...
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