Take-up of industrial and warehouse property in the Western Corridor region was 50% above the ten-year average in the first half of this year, at 2.5m sq ft, says Jones Lang LaSalle. This was also a 3% improvement from the second half of 2010. This ... Read more
Confidence in the UK commercial property market has fallen, says Lloyds Banking Group, as worries about the economy and the eurozone crisis have taken their toll on sentiment. In its latest survey of financial decision-makers in the UK corporate real ... Read more
Property Week today reports a trio of industrial property transactions. It says Prologis European Properties has sold a 112,000 sq ft warehouse to J Sainsbury for £11m. The food retailer has occupied the Basingstoke property since 2004. In ... Read more
Available retail space remains very scarce in London’s prime shopping areas, says Knight Frank in its Autumn/Winter 2011 research into the capital’s retail property markets. The firm’s survey of 16 key Central London retail streets suggests an ... Read more
Expo Real gets under way today in Munich, where for the next three days more than 1,600 exhibitors from 34 countries will be discussing European commercial property markets. CBRE has issued new research to mark the event, showing that London is ... Read more
Segro last week announced the sale of six industrial estates in London for £38.2m to the Industrial Property Investment Fund, managed by Legal & General Property. The six freehold estates have a total lettable space of 43,114 sq metres. The ... Read more
Colliers International thinks that the current conditions in the UK commercial property market will continue for the rest of this year and into 2012. Reporting its interim results to the London Stock Exchange today, the firm said it expected London ... Read more
There has been a steady stream of secondhand office space coming onto the Bristol market, but the volume of Grade A office space has continued to diminish. So says Jones Lang LaSalle, which says that occupiers in Bristol are becoming increasingly ... Read more
Vacancy levels for Grade A office space in Glasgow are falling as new supply remains scarce, says Colliers International. Take-up of Grade A office space in Glasgow during H1 2011 was the lowest since H1 2009, but availability of top-quality office ... Read more
The supply of Grade A office space in the Western Corridor has fallen to its lowest since 2008, says Jones Lang LaSalle. The firm’s latest research says there is a “compelling case for speculative development” in several key town centres in this ... Read more
