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
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
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
Occupier demand for European logistics assets held steady in the third quarter of 2012, says Jones Lang LaSalle in its latest research into the market for logistics property of more than 5,000 sq m (10,000 sq m in the UK). Take-up in Q3 2012 reached ... Read more
DTZ says take-up of office space in the UK regional office market increased in Q3 to 930,000 sq ft, compared with the 10-year quarterly average of 1m sq ft. But the firm expects the full-year figure to be subdued at around 3.5m sq ft – the lowest ... Read more
Concerns about the UK economy and the eurozone crisis have continued to affect UK shopping centre development activity, and the availability of debt funding for such schemes. Knight Frank, in its latest research into the sector, says development ... Read more
In its quarterly review of major UK regional office markets, GVA says the out-of-town market is generally performing better than city-centre markets at the moment, but that this could change as larger deals complete towards the end of 2013. While ... Read more
The latest Drivers Jonas Deloitte UK Cities Crane Survey for 2012 shows that activity levels remain low across all UK property sectors. The survey, which monitors development levels of property in Manchester, Leeds, Birmingham, Glasgow and Edinburgh, ... Read more
Next year is forecast to bring an upturn in UK shopping centre development, says Cushman & Wakefield, with nearly 175,000 sq m of new shopping centre space in the pipeline for 2013. The development pipeline has ground to a halt this year amid ... Read more
