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
British Land has spent £470m on buying up most of the Paddington Central estate, a 1.2m sq ft office-led, mixed-use estate near Paddington Station in West London. The group says the investment “offers an attractive blend of income and capital return, ... Read more
Offices are forecast to deliver the strongest total returns of all commercial property sectors during the 2013-2017 period according to new estimates produced by Jones Lang LaSalle. The firm has revised up its forecast for total returns at the All ... Read more
Colliers International has been considering the prospects for the UK’s high streets and has come to the conclusion in its forthcoming Midsummer retail report that it is poised for a “selective” recovery, with major town centres seeing the greatest ... Read more
With a gradual improvement in conditions in some parts of the UK market for industrial property, and structural issues adversely affecting growth prospects elsewhere, Lambert Smith Hampton says investors are seeking to increase their exposure to the ... Read more
The UK shopping centre investment market has been “very healthy” so far this year, says Cushman & Wakefield, with £1.928bn transacted in the first six months – compared with £808m a year earlier. There is still plenty of demand for the large, ... 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
Lambert Smith Hampton notes that while recent economic data suggests a continued slow improvement during the second quarter of 2013, the recovery in the property market appears to be two-paced, with London and the South East performing better than ... Read more
Land Securities has announced it will spend £260m on a speculative mixed-use development in the City of London in a move it says “demonstrates our confidence in the London office market”. 1 & 2 New Ludgate in EC4 will comprise 346,000 sq ft of ... Read more
The subdued economic outlook for Western Europe this year is leading to rising occupier caution when it comes to industrial property, says Jones Lang LaSalle. The firm’s latest survey of industrial occupier conditions has pointed out that while the ... Read more
