Knight Frank has reported a bounceback in occupier activity in the M25 area and M4 corridor offices during the first quarter of this year, but says take-up in the M3 region remains relatively subdued. Take-up in the M25 market was 646,517 sq ft in Q1 ... Read more
The Manchester Office Agents Forum says occupier activity in the first quarter of this year has strengthened considerably compared with Q1 2012. There was a significant uplift in the levels of take-up of office space in Greater Manchester and in ... Read more
Central London commercial property remained highly attractive to international investors in the first quarter of 2013, says Cushman & Wakefield, which has calculated that a total of £2.75bn was transacted, with overseas investors accounting for ... Read more
The subdued outlook for traditional finance-sector employment in the City of London is raising important questions for landlords, investors and developers, says DTZ. Financial sector headcount is forecast to be broadly flat over the forecast period ... Read more
Cushman & Wakefield says leasing activity in the market for office space in Central London is being driven by occupiers seeking more value for money. The firm says the balance of power remains in occupiers’ favour, with larger companies, in ... Read more
DTZ says its new European sustainability guide confirms that urgent action is required on sustainability practices, as only 5% of current office stock has a “green” rating. The guide, which provides property investors, occupiers and developers with ... Read more
Jones Lang LaSalle expects UK property returns to improve to 4.6% at the All Property level in 2013, compared with 3.4% in 2012. Returns over the five-year forecast period reach 6.2%, but this is lower than the long-term average. The firm’s latest ... Read more
Jones Lang LaSalle has published a new report: ‘From Obsolescence to Resilience’, showing that while the property industry faces a problem with depreciation and obsolescence, investors and occupiers can gain value through strategic refurbishment and ... Read more
Take-up of office space on business parks in the UK reached 1.9m sq ft during the second half of 2012, says GVA, which is in line with the six-monthly average but down from the 2.5m sq ft recorded for H1 2012. The strongest activity was in the South ... Read more
Growth in prime rents for Central London retail property may ease this year, says Savills, as fewer occupational requirements are pursued less aggressively compared with 2012, and void rates rise slightly as a result of the greater number of lease ... Read more
