CACI’s Retail Footprint 2011 report, released last week, says the shopping centres in Bexleyheath, Southport, Blackpool, Wigan and Maidstone are under the most pressure from the “squeezed middle” shoppers who are reining in spending amid the economic ... Read more
Minerva, which specialises in office and residential developments in the City and West End of London, today announced a 2.8% increase in the valuation of its investment properties, and a 3.7% rise in the value of its trading portfolio, during the ... Read more
Land Securities has announced the start of work on its site at 123 Victoria Street in London SW1 after planning consent was granted last week by Westminster City Council. The 227,000 sq ft office and retail building from the 1970s will be completely ... Read more
Another shopping-centre deal was announced today – NewRiver Retail has bought a portfolio of five shopping malls for £53m from the CPI Retail Active Management (CReAM) fund. The centres are in Bramley in Leeds, Burgess Hill in West Sussex, Erdington ... Read more
London still offers attractive investment opportunities, with City office space and West End offices classed as HOT under DTZ’s Fair Value Index for the third quarter. These are the only two HOT UK office markets, according to the firm’s ... Read more
West Midlands commercial property expert David Penn is warning that a lack of building stock is posing a threat to recovery in the industry. Penn, managing director of Shortland Horne Commercial, told the Birmingham Post that there was a shortage of ... Read more
Listed property company SEGRO says it has secured no fewer than eight pre-let deals totalling almost 44,000 sq m since announcing its interim results last month. Five of the properties are in the UK – including two on the Slough Trading Estate, and a ... Read more
Cushman & Wakefield has appointed Simon Hartley to its retail asset management team. Simon, who joins from GVA Grimley, will be working on a wide variety of shopping centres. John Prestwich, head of retail asset management UK at Cushman & ... Read more
Stock in the Midlands industrial and distribution market is drying up, according to CB Richard Ellis, after strong take-up rates in Q4 2009 and the first quarter of 2010. Mike Stephens, valuation advisory director at CBRE’s Birmingham office, told ... Read more
CB Richard Ellis has poached Neville Moss from Jones Lang LaSalle to become its new head of retail research for the Europe, Middle East and Africa (EMEA) region. Moss formerly held the same role at JLL. CBRE says he has more than 20 years’ ... Read more
