Recent data from the Bank of England shows a growing willingness among lenders to finance commercial property deals. Jones Lang LaSalle notes that the Q1 2013 lending figures from the BoE report that UK bank exposure to real estate remained stable at ... Read more
sbh Page & Read has announced the letting of unit 5B on the Triumph Trading Estate. The 3,025 sq ft industrial unit in Tottenham has been let for a year to STV Building Services at an annual rent of £22,687.56. In Enfield, the firm has also let ... Read more
More evidence of increased activity in UK regional office markets during Q1 2013, this time from Knight Frank, which reports a “notable” rise in take-up and a number of markets exceeding 2012’s quarterly average. Net effective rents rose across the ... Read more
Miranda Munn, founder of NovaLoca.com, has been looking into the question of how levels of enquiries about available commercial property on the NovaLoca.com site vary with property size. Her research, following a recent meeting with Dowley Turner ... Read more
Total occupier take-up of office space across the UK’s ‘Big Six’ regional markets reached a million sq ft in Q1 2013, says Jones Lang LaSalle. This is an increase of 25% compared with a year earlier; although there were regional variations, the total ... Read more
The Scottish Property Federation has welcomed the draft version of two key planning documents for Scotland – the third National Planning Framework (NPF3) and the draft Scottish Planning Policy (SPP). These propose changes to Scotland’s planning ... Read more
Launching its 2013 Money into Property report, DTZ says UK invested stock fell by another 3% last year, to £541bn, taking the total decline since the 2007 peak to 7%. But despite the decline, the firm’s analysis shows “mounting evidence of a recovery ... Read more
Writing in the latest issue of “In Retail”, CBRE’s head of retail agency Tony Devlin says that while retail administrations might be expected to trigger frantic cherry-picking by retailers previously locked out of prime pitches, this is not ... Read more
RICS says 10% more surveyors across the UK reported rising workloads in the first quarter of 2013 – a higher percentage than at any time since the end of 2007. The latest RICS UK Construction Market Survey showed an increase in private housing ... Read more
Knight Frank is advising occupiers of Central London office space to investigate the level of their business rates, to see whether they are excessive. It notes that business rates are among the few taxes to be based on an opinion of value, and this ... Read more
