“London is one of the most mature, dynamic office markets in the world, and as such it is in a constant state of flux.” So says Jones Lang LaSalle in a look back at the changing nature of the market for offices in Central London. The stock of ... Read more
Total returns for UK property came in at 0.3% in January, unchanged from December, while annual total returns slowed slightly to 1.7% according to CBRE’s latest Monthly Index. There was a continued slide in capital values, which fell 0.2% in January, ... Read more
sbh Page & Read has let a 8,345 sq ft industrial unit in Enfield, on the Trafalgar Trading Estate, to CJB Motor Services on a ten-year lease at an annual rent of £69,500. It has also agreed the lease on a 6,670 sq ft industrial unit in Tottenham, ... Read more
Jones Lang LaSalle has been banging the drum for the South West in its market review of the area, predicting a growth rate of 13% this year for the region – which it says is equal to the West Midlands, and is in the top four regions outside ... Read more
Take-up of office space in Newcastle city centre slowed considerably in the final quarter of last year, totalling just 13,332 sq ft compared with 23,363 sq ft a year earlier, says Lambert Smith Hampton. This took the total for the whole of 2012 to ... Read more
Total transactional volumes for UK shopping centres dropped 50% in 2012, says new research from Colliers International, to £2.36bn from £4.71bn the previous year, but the firm predicts that volumes are set to make a “dramatic return” this ... Read more
The IPD says UK commercial property total returns fell to 2.7% in 2012, from 7.8% in 2011, as a result of falling capital values across the regions (down 3.1% overall) – but it points out that UK property remains an attractive investment prospect, ... Read more
Shaftesbury has reported continued good demand and letting activity across its West End property portfolio. In an update for the period from 1 October 2012 to 8 February 2013, the group says available vacant space is at “an exceptionally low level” ... Read more
The latest Bank of England quarterly lending figures have highlighted a further decline in UK bank exposure to the property sector, to 8.3% of all debt in Q4 2012, notes Jones Lang LaSalle. Jeremy Handley, director of valuation advisory at Jones ... Read more
NovaLoca.com, the commercial property finder, has developed a new set of search and reporting tools to make life easier for agents. These new features can be really useful when searching for recently sold or let properties in order to research deals. ... Read more
