Segro today reported more progress despite a “challenging” macroeconomic backdrop. In a statement to the London Stock Exchange Segro said it had generated new annualised rental income of £5.5m from the take-up of developments completed during the ... Read more
Developers and investors have good reason to focus on the market for industrial property in West London and industrial units in the Thames Valley, says Jones Lang LaSalle in new research. This market is widely perceived to be leading a fragile ... Read more
Total property returns reached 1.3% in Q3 2012, according to the Jones Lang LaSalle property index, compared with 0.4% for Q2. Although this was the biggest quarterly increase since Q4 2011, annual returns for 2012 so far are still significantly ... Read more
Take-up of big-box logistics and industrial property in the UK is expected to be higher in the second half of 2012 after a decline during the first six months of the year. Jones Lang LaSalle’s latest research into this market indicates that occupier ... Read more
St Modwen Properties is now focusing on development profits for 2013 and beyond, after making progress on its current commercial land and development projects to the point where its pipeline is secure for 2012 “and expected to deliver profits ahead ... Read more
Hammerson has exchanged contracts to acquire the Victoria Quarter in Leeds for £136m to complement its plans for the first phase of the Eastgate Quarters scheme. This development is next to the Victoria Quarter, and the company says this purchase ... Read more
The uncertainty about future growth and stability is “clearly weighing on the minds of occupiers, developers and investors,” says Cushman & Wakefield in its latest property market research, noting that yields have continued to drift outwards in ... Read more
The pressures on retailers to reduce their supply chain costs and the changes in consumer markets are having an effect on their floorspace requirements when it comes to logistics property, as shown by a new survey of supply chain professionals ... Read more
Hansteen Holdings says its strategy of buying high-yielding industrial properties at less than replacement cost with opportunities to add value, and managing them intensively via locally based management teams for income and value growth, “is an ... Read more
The European market for available industrial units and logistics properties attracted strong investor interest during the second quarter, says Jones Lang LaSalle. The total transaction volumes of €2.2 billion recorded in Q2 2012 were up 56% from ... Read more
