The increasing ‘noise’ about Grade B property, core plus and value add is yet to translated into a marked pick-up in deal activity or pricing for non-prime property, says Savills in its latest review of the UK commercial property market. ‘Prime’ ... Read more
Activity in the market for City office space to let in May reached one of the highest monthly totals on record, says Jones Lang LaSalle. A total of 793,400 sq ft was taken up last month, which represents a 117% jump from April and is 135% above the ... Read more
NovaLoca.com will be at the OAS Development Awards on Friday. This annual celebration of the best office deals and developments in the UK is being held at the Victoria Park Plaza in London and includes awards for eight categories. Awards will be ... Read more
CBRE has issued new research looking at the deep structural change taking place in the banking and finance sector and what it means for the Central London offices market. The firm says that while London remains resilient as an international ... Read more
The British Property Federation has welcomed the reform of the Insolvency Service that was announced last week. Business Minister Jo Swinson said the move, which would lead to a single “Complaints Gateway” for all complaints against insolvency ... Read more
The 1,431 sq ft retail premises in Edinburgh at 330 Lawnmarket, formerly Castle Antiques, attracted a total of 11 offers, each above the asking rent of £65,000 per annum, says Ryden. The firm has signed up Kiltane Retail on a 25-year lease at £72,000 ... Read more
The IPD has responded to the De Montfort survey on lending to the UK commercial property market, which says that the total stock of debt secured on income-producing UK real estate fell 8% to around £217bn in 2012. This figure is expected to fall as a ... Read more
Knight Frank expects UK commercial property markets to move into a period of recovery and geographic broadening for investment activity later this year. The firm forecasts that the IPD All Property capital growth index will turn positive again in ... Read more
GVA says it is seeking gradual improvement in occupier sentiment across many of the UK’s commercial property markets, and expects average UK commercial property rental values to grow by 0.7% this year – barring any further major economic shocks. This ... Read more
The continued sluggish lettings activity in the UK retail market is due to the economic downturn and not to the rise of Internet retailing, says CBRE in a recent Viewpoint article. The amount of sales diverted from shops by the rise of internet ... Read more
