Regeneration specialist St Modwen Properties today reported that its ongoing commercial property projects had continued to progress well. Schemes where contracts have been signed and construction is under way include an 85,000 sq ft retail property ... Read more
Bowyer Bryce has let 868 sq ft of ground- and first-floor office space in Edmonton, London N9, on a 16-year lease at a rent of £10,500 per year. The property, which forms part of a retail parade on Hertford Road, has air conditioning, WC and kitchen ... Read more
Despite a recent improvement in corporate sentiment, according to European Commission data, corporate occupiers of office space in the UK remain cautious and activity levels are still subdued, says Jones Lang LaSalle. But occupiers should be ready to ... Read more
Bowyer Bryce has let Unit 26 on the Great Cambridge Industrial Estate in Enfield to Medlock Electrical Distributors at a rent of £35,120 per year subject to an outstanding rent review from March 2010. The single-storey industrial unit comprises 3,353 ... Read more
Relative investment prospects for commercial property in the UK improved during the final quarter of 2011, says DTZ, whose Fair Value Index score for the UK rose to 53 for Q4 2011 from 33 for the previous quarter. The firm has revised upwards its ... Read more
It will be a year of refurbishment rather than new development for regional UK markets for office space, says Jones Lang LaSalle. The firm says that just six offices schemes started speculatively last year across the six regional office markets it ... Read more
Segro has sold a portfolio of UK industrial assets to two property funds managed by Ignis Asset Management for £80.2m. Segro says this is part of its new strategy to focus its industrial portfolio on London and the South East. The five non-core UK ... Read more
Glenny LLP and National Grid Property Holdings have announced the letting of a 76,000 sq ft industrial unit in Dartford. Unit D at Littlebrook Business Centre, a warehouse facility located by the QEII Bridge, has been let to road haulage firm MJD ... Read more
The availability of debt will be a crucial factor for commercial property markets across Europe this year, and a recent major PricewaterhouseCoopers report shows that most lenders expect financing to become even harder to obtain in 2012 than it was ... Read more
Helical Bar today updated the market on its current trading, saying that it had continued to add to its portfolio with £90m of acquisitions completed since September 2011. These include land and buildings in Corby for £70m. The group has also bought ... Read more
