FirstService Corporation has requested an extension to the deadline by which it must decide whether to make an offer for Colliers International, as it wants to carry out further due diligence. The company, majority shareholder in Colliers ... Read more
Colliers International today announced to the London Stock Exchange that its major shareholder FirstService Corporation had made an approach that may, or may not, lead to an offer being made for the company. “There can be no certainty that these ... Read more
Vacancy levels for Grade A office space in Glasgow are falling as new supply remains scarce, says Colliers International. Take-up of Grade A office space in Glasgow during H1 2011 was the lowest since H1 2009, but availability of top-quality office ... Read more
Demand for office space in central Leeds is rising, according to the latest research on the city by Colliers International. The firm says total absorption rose by 141,482 sq ft during the first half of 2011 – the largest increase in office occupancy ... Read more
Occupiers still have options for Grade A space in Manchester city centre, says Colliers International. There is still more than 1m sq ft of Grade A space available in the centre, with seven floors offering more than 20,000 sq ft and an additional 24 ... Read more
While demand for office space remains sluggish in most UK regional markets, the Birmingham Central Business District has recorded its highest quarterly take-up for nine months. Grade A vacancy levels for office space in Birmingham are now the lowest ... Read more
The proportion of vacant retail units in Colliers International’s sample of 10 Central London retail streets has continued to decline over the past six months, down from 4.4% in July 2010 to 3.5% in January 2011. The firm says the proportion of ... Read more
Colliers International says future public-spending cuts are likely to have a major impact on office take-up in the central city area of the Edinburgh office market. The firm notes there was a marked improvement in take-up during 2010, with the City ... Read more
Shopping centre transactions this year are set to be driven by banks, says Colliers International, as they seek to unwind their “bad loan” books. Colliers notes that receivership sales accounted for just 6% of such deals in 2010, suggesting that ... Read more
Colliers International is forecasting a total return of 14.7% for All Property in 2010, driven by a 60bp inward yield shift and a return to positive rental growth for the Central London offices sector. But next year it thinks the outlook is somewhat ... Read more
