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property markets by Lambert Smith Hampton has found that 27% of total regional available office property (11.7m sq ft) is obsolete and that of this total, 7.4m sq ft is suitable for conversion.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
sbh Page & Read has let a 8,345 sq ft industrial unit in Enfield, on the Trafalgar Trading Estate, to CJB Motor Services on a ten-year lease at an annual rent of £69,500. It has also agreed the lease on a 6,670 sq ft industrial unit in Tottenham, ... Read more
Ryden and Cargill Property Consultants have announced two deals at Academy Office Park in Glasgow, for client Camlin. Includem has taken the 4,866 sq ft Building 6 at the park on a five-year lease at a rent of £32,500 per year. Meanwhile the 1,220 ... Read more
Ryden and Knight Frank have negotiated the sale of a 11,700 sq ft new-build industrial unit in Aberdeen, at Stockland Muir’s £100m Aberdeen Gateway business park development Oilfield services firm Coretrax has acquired the property, which includes ... Read more
Ryden has secured another tenant at Metropolitan House in Inverness. OBM, which provides recruitment services to the oil and gas industry, has taken Suite A1 of 1,052 sq ft of the Inverness offices in the High Street building at £10,000 per ... Read more
Land Securities this week reported that it had performed well during the final three months of 2012 – the third quarter of the group’s financial year. In a “difficult” market, the group said interest levels in its London offices and retail portfolios ... 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
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
