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An important factor in the

economic landscape of the region

is the presence of so many high

technology companies

specialising in such industries as

aerospace and marine.

The latest arrival at the Solent

Airport Enterprise Zone, Fareham is

the aviation maintenance firm

Proptech, which has taken a

2,294 sq.metres (24,690

sq.ft.

) unit

on the Faraday Business Park. The

unit was built speculatively by

Fareham Borough Council and let by

LSH, whose Guy Jackson said “To go

from completion of this unit to

agreeing a lease in such a short time

demonstrates the high level of

demand and the confidence that

businesses have in the region”.

As the government become

jittery about local authorities

bolstering their income by

investing in commercial property,

Portsmouth extols the virtues of

increasing its income through

investment.

Indeed, the city has received

three prizes in the South Coast

Property Awards with the council’s

real estate team being recognised

for their innovative work in realising

the value of commercial property

and putting that income into social

measures to benefit the city’s

population, said awards chairman

David Murray. Another highlight

was Dunsbury Park being named as

Business Park of the Year.

Council Leader, Cllr Donna Jones,

commented: “We’re leading the

way nationally in terms of income

generation from property. We

promised that we would not just sit

back and take the cuts (government)

without doing everything we could

to bring in extra money to maintain

and improve services”.

Commercial Property Register

October 2017 – March 2018

www.compropregister.com

6

NEWS

10

Sweating

ASSETS

Dunsbury Park

Zoning

IN

Faraday Business Park