Tuckerman has recently let the sixth floor of Westminster Tower on the Albert Embankment in London SE1 to SPARKS on behalf of CLSH Management. The lease of the 3,118 sq ft property is at a rent of £26 per sq ft. For additional properties available to ... Read more
Tuckerman has let the ground floor office suite of 1,652 sq ft at 36-38 Botolph Lane in London EC4 to Catch 22 on a five-year lease with a three-year break for £21 per sq ft. Tuckerman acted on behalf of Parkwell Management Consultants Limited and ... Read more
SBH Page & Read has let 82 London Industrial Park on Roding Road in Beckton, London E6. The 5,626 sq ft property has been let on a five-year lease to Marl Tech Limited at a headline rent of £45,300, or £8.05 per sq ft. NovaLoca has full ... Read more
Take-up of office space in UK regional markets this year appears likely to reach similar levels to 2010, says Jones Lang LaSalle. Its survey of the markets for available office space in Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, ... Read more
DTZ’s Property Times updates for the third quarter examine several key regional UK cities, including Birmingham where the firm concludes that large corporate occupiers in the city are not rushing to make decisions. Sentiment is fragile and most ... Read more
CBRE has issued updates on several key regional office markets. It says take-up of city-centre offices in Birmingham reached 169,183 sq ft in Q3, which was 7% more than in Q2 but down 27% from Q3 2010. The total of available office space has declined ... Read more
Development activity for shopping centres in the UK is subdued, and is expected to remain so for the foreseeable future, says Cushman & Wakefield. In its latest research into the sector, C&W notes that shopping centre provision increased by ... Read more
Amid the rash of property company results this week, Property Week has today reported the collapse of Parkridge Holdings – John Cutts’ property company, which is being described as the largest casualty in the property industry since Lehman Brothers ... Read more
DTZ says prime UK property now offers better value for investors than in the first quarter of 2011, with its Fair Value Index score rising to 50 for Q2 2011, from 28 in Q1 2011. The firm says the improved score reflects the fall in UK bond yields ... Read more
Rent levels for available office space in the UK are rising, says Jones Lang LaSalle. While occupiers can still obtain good incentives in some regional centres, the window of opportunity is expected to close as the lack of speculative new development ... Read more
