Mystic Toad Press Blog

Demand for office space has seen a huge slump recently owing to the global economic meltdown. Various reports put together by real estate agents in Manchester depict a grim picture.

CoStar, which is one of the better known providers of commercial real estate, reports that it has taken a big hit in Manchester. The company, which has managed to offload just about 140,000 sq. feet of property, has seen its demand plunge by almost 60% as compared to last year.

Another study by GVA Grimley, a leading property consultant shows that about 4 million sq feet, including the projects that are in progress and the existing spaces that are being revamped, are up for sale. With 250,000 square feet space coming back into the market due to companies shutting down, or terminating their lease in the wake of the downturn, the situation has worsened.

The dream run has apparently ended for the real estate sector, which had touched unprecedented highs last year. The current supply available is at such a high level that it would match 4 years’ worth of demand, going by last year’s figures. Moreover, with the market conditions continuing to remain lacklustre in the real estate sector, chances are quite slim that high demand levels could be attained any time soon. Until then oversupply will continue to plague the sector.

The direct impact of this abundance would naturally be to bring down the rate per square feet area. The present market price for Manchester office space is pegged at 30 pounds per sq feet. However, with new properties slated to come into the market, a whopping 435,000 sq feet of extra space would be available by 2010. This is bound to drag the price much lower than current levels.

Property-owners of Manchester are increasingly offering free terms to attain at least the prevailing price, but it is yet to be seen whether that would help deal with the situation. A sensible solution being adopted is more desk spaces being made available as office space is used more effectively under desk rental schemes. For more information to rent desk space, take a look at a dedicated site offering desk rental in all uk regions.

Exotic Car Rental Partitioning

Renting an exotic car isn’t an easy conclusion to partake in. If you enjoy automobiles, it’s a safe bet you’d have some interest in an exotic car rental. Stunning, exotic car rentals are a luxury not available to any body. Cost is the decisive factor, of course, and this is where renting an exotic car comes into play. Spending this kind of money will wake up anyone, even those who have to use a CPAP sleep apnea machine.

A likely roadblock in your quest to rent an exotic car is the real rental cost itself. Anticipate to spend anywhere from a several hundred bucks to several thousand a day. Hardly chump change, I know, but let’s break this . The example exotic car shall be Ferrari F430, a premier exotic with arguably the best pedigree in automotive history.

A brand new Ferrari F430 costs a good two hundred grand; perhaps about $30-40k less for a used version. So, lets say the monthly car note is $1500-2000. Again, expensive as a mofo for 99% of the population. Peculiarly, this is the same amount of cash you’d expect to spend for a single day’s rental! Well, if you break it down from ownership to a one day thrill you’ll never forget for the rest of your natural born lifetime, it’s a fair price.

I suggest saving up your money, and indulging in an exotic car rental at least once–special occasions are fine–just to experience it. I’ve rented exotics a few times and, I can tell you renting an motorcar of this order of magnitude is well worth the cost of admission. It’s like getting Botox without the permanent consignment: a Botox alternatives to the real thing, in other words. Enjoyment without the commitment