CBRE says take-up across Central London weakened sharply during Q1 2011 to 2.3m sq ft, the lowest level since the first half of 2009, after an exceptionally strong 2010. More than three-quarters of the Q1 take-up was secondhand space, it notes. ... Read more
There was a marked pick-up in the performance of all three main commercial property markets in the UK during March, says CB Richard Ellis. The firm’s Monthly Index shows total returns of 1.2% and 0.7% growth in capital value for All Property. The ... Read more
The increase in business rates that came into force on Friday (1 April) may be a decisive factor in occupiers relocating from London’s W1 area, warns CB Richard Ellis. The increase equates to an extra £6 per sq ft per year for occupiers in Mayfair ... Read more
CB Richard Ellis' latest research shows that transactions in European property investment market increased in size, on average, in Q4 2010, with 79 such deals of more than €100m completed during the final quarter of last year – the highest quarterly ... Read more
The results of January’s Monthly Index from CBRE show a continuation of last year’s trends, with central London outperforming the rest of the country. However, the gap between the capital and the rest of the UK narrowed last month, with Central ... Read more
More major property deals are on the cards: Minerva told the Stock Exchange on Friday that it is in very early discussions that may lead to a take-over, while CBRE has reportedly become the favourite to acquire most or all of ING's real estate ... Read more
Last year saw overall commercial property values rise 8.9%, says CB Richard Ellis, with total returns at 16.1%, boosted by a 27.3% jump in returns for Central London offices. In December values for the CBRE Monthly Index grew by 0.6%, with the ... Read more
The CB Richard Ellis monthly index for November shows that there were large variations between commercial property markets last month, with four of the firm’s seven subsectors in decline while the overall market continued to see positive capital ... Read more
The UK commercial property market saw capital growth of 0.2% in October, according to the CB Richard Ellis UK Monthly Index. The market was boosted by the Central London office sector, which continues to grow strongly thanks to increasingly ... Read more
Investors are increasingly in reflective mood, according to David Wylie, head of UK economics and forecasting at CB Richard Ellis. He says that following the significant re-rating of UK property seen in recent months, investors are now seeking “more ... Read more
