TITLE

Telecom Network Influences Property Location

PUB. DATE
September 2000
SOURCE
Logistics & Transport Focus;Sep2000, Vol. 2 Issue 7, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the contents of the report made by industrial property consultant King Sturge, which found out that the proximity of telecommunication infrastructure is influencing the choice of location of major property occupiers. New advances in fiber optic technology mean a growth in competition for developments adjacent to the fiber optic network. As digital television takes off, more and more Web content will be delivered in video form, and it is likely that this will transform the expectations of net users and place huge demands for bandwidth. According to David Brooks, head of industrial at the company, believes that the upsurge in demand for new/modern space close to the fiber optic network is already manifesting itself in significant rental growth in certain areas, with the majority of occupiers prepared to commit to long leases.
ACCESSION #
11646795

 

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