The UK shopping centre investment market has been “very healthy” so far this year, says Cushman & Wakefield, with £1.928bn transacted in the first six months – compared with £808m a year earlier. There is still plenty of demand for the large, ... Read more
The subdued economic outlook for Western Europe this year is leading to rising occupier caution when it comes to industrial property, says Jones Lang LaSalle. The firm’s latest survey of industrial occupier conditions has pointed out that while the ... Read more
The Victoria Park Plaza in London was the venue for the OAS Development Awards last Friday. NovaLoca was again proud sponsor of one of the awards – this time round it was the Best Deal Outside Central London category and Miranda Munn was once again ... Read more
The Kensington Roof Gardens had more than a hint of Australia about it on Monday night as the IAS BBQ 2013 went Down Under for a night of food, drink and networking. Never ones to miss out on a bit of socialising, NovaLoca sent a small army to West ... Read more
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
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
Analysis of 32 regional UK property markets by Lambert Smith Hampton has found that 27% of total regional available office property (11.7m sq ft) is obsolete and that of this total, 7.4m sq ft is suitable for conversion. “This obsolete space is ... 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
