DTZ have completed a mega-merger with Cushman & Wakefield, creating one of the largest real estate companies in the world. Exor, the investment company of Italy’s billionaire Agnelli family, founders of Fiat, agreed the sale for $2bn to DTZ, ... Read more
There is rarely a more uncertain time for the commercial property market and overall economy than before a general election. This insecurity is of course not helped by the fact we are still none the wiser as to whether it will be David Cameron or Ed ... Read more
The UK commercial property market improved significantly during June, with total returns at the All Property level of 0.7%, says CBRE. This takes total returns during the second quarter of 2013 to 1.9%. Capital values continued to grow, rising 0.2% ... Read more
The Central London offices market was active in the second quarter of this year, with take-up rising 32% above the previous quarter’s level according to new research from CBRE. The firm notes that there were three deals of more than 100,000 sq ft ... Read more
Changes to legislation that permits change of use from office to residential “have the capacity to substantially change the character and economic performance of commercial areas,” says CBRE. The firm, which recently hosted a seminar on the changes ... Read more
CBRE has reported positive change in capital value across all sectors in its May Monthly Index – the first time this has happened since November 2011. Capital values increased y 0.1% at the All Property level. Aleksandra Starczynska at CBRE says this ... Read more
CBRE has issued new research looking at the deep structural change taking place in the banking and finance sector and what it means for the Central London offices market. The firm says that while London remains resilient as an international ... Read more
The continued sluggish lettings activity in the UK retail market is due to the economic downturn and not to the rise of Internet retailing, says CBRE in a recent Viewpoint article. The amount of sales diverted from shops by the rise of internet ... Read more
CBRE says UK commercial property performance in April was largely unchanged from the previous month at the All Property level, with total returns reaching 0.6% compared with 0.5% in March. This took the annual return to 3.1% for the year to April ... Read more
Writing in the latest issue of “In Retail”, CBRE’s head of retail agency Tony Devlin says that while retail administrations might be expected to trigger frantic cherry-picking by retailers previously locked out of prime pitches, this is not ... Read more
