Jones Lang LaSalle says 2012 was a solid year for the Western Corridor office market, with total take-up of 2.0m sq ft across the market. This was in line with the five-year annual average, the firm says. In the West London offices sub-market, ... Read more
There are signs that UK property investors are seeking to increase their exposure to risk, says Knight Frank in its latest UK market outlook. In the past, investors would manage risk in the early stages of the economic cycle by acquiring safe, ... Read more
There was a further 0.3% decline in property values in December, says the IPD, taking values at the headline level for the full year to minus 4.2% in what it describes as a “challenging year for the UK commercial property sector”. The retail sector ... Read more
UK commercial property produced a total return at the All Property level of 0.3% in December, following a 0.2% return in November, says CBRE. The firm’s Monthly Index last month showed a continued decline in capital values, which fell 0.2% in ... Read more
Bowyer Bryce has announced the completed sale of the freehold trade counter/ warehouse property at 278A Alma Road in Enfield, on behalf of TBS Polycarbonates, for £537,500. The 4,821 sq ft industrial property in Enfield has two loading doors with ... Read more
Total commercial development activity in the UK during December increased for the fourth consecutive month, says Savills, propelling its Total Commercial Development Activity Index to a net balance of +10.6% compared with the +9.1% reading from ... Read more
The latest RICS construction market survey indicates a turning point for the UK construction market, with those surveyed predicting an increase in output this year. During the final quarter of 2012, 15% more surveyors reported expected increases in ... Read more
Did you know that EPCs must now be clearly displayed in a large number of commercial buildings? With effect from 9 January, certificates are required to be displayed in commercial properties of more than 500 sq m that are frequently visited by the ... Read more
Colliers International calculates that take-up of office space in the West End of London in the final quarter of 2012 was down significantly from the previous quarter’s strong total, due partly to lengthy negotiations on some deals. Expectations that ... Read more
Of the eight main regional UK office markets covered by CBRE, Manchester is expected to be the only one to record prime office rental growth this year – forecast at 2.5%. Since the economic downturn, the market for Manchester office space has ... Read more
