Savills estimates that by the end of 2012, only 15% of the vacant office space in Edinburgh was Grade A. Overall office availability in the city has fallen by nearly 10% during the past year, the firm estimates, with virtually no new or refurbished ... Read more
At MIPIM last week, there were again plenty of discussions about the prospects for renewed lending by banks to property developers. Natale Giostra, head of UK and EMEA debt advisory at CBRE, says the reality is that banks have already started to lend ... Read more
Take-up of office space in Glasgow last year was only slightly below average, says Savills. While second-half take-up was “a rather underwhelming” 137,870 sq ft, taking the total for 2012 to 371,870 sq ft, this level of take-up is more or less in ... Read more
Bowyer Bryce has let 1,966 sq ft of office space in Dagenham at 71 Chequers Lane. The self-contained first-floor offices, with parking for 10 cars, has a reception area on the ground floor. The property has been let by Bowyer Bryce to Interserve ... Read more
MIPIM rolled around again this week, and once more Boris Johnson was in the spotlight after his 2011 speech that had delegates queuing around the block. On Tuesday, after a delayed start due to snow – giving him the opportunity to call once more for ... Read more
There’s every reason to think that Bristol offers the best prospects for growth of all UK regional cities, and excellent opportunities for investors seeking alternatives to London’s superheated property markets, says GVA in new research. GVA notes ... Read more
Take-up of Heathrow industrial property last year was the highest since 2000, says Savills, which signifies the importance of the Heathrow logistics market, its re-emergence from the downturn – and how occupiers still see Heathrow as a key location, ... Read more
Although the numerous recent retail failures will push up national vacancy rates even further and put even more downward pressure on retail rental values, there is renewed interest among property investors in retail property - and aggressive bidding ... Read more
On behalf of a private client, Ryden has acquired the heritable interest in the London Road Trade Park in Glasgow for £1.69m. The price reflects a net initial yield of 8.7%. The trade park is a modern development of five trade counter units ... Read more
The Scottish Property Federation, which held its annual conference this week, has revealed that the value of commercial property sales in Scotland has fallen by more than 80% since 2007. The £5.1bn fall in the value of year-on-year commercial ... Read more
