There was some improvement in the performance of the UK’s commercial property markets in April, says CBRE, with the firm’s UK Monthly Index showing that a marginal increase in headline total returns and a slowdown in capital value declines enabled ... Read more
Jones Lang LaSalle says around 3.6m sq ft of industrial floorspace was taken up in the Western Corridor (west London and the Thames Valley) during the second half of 2011, taking the total for last year to 6.1m sq ft – a jump of 45% over the 2010 ... Read more
Specialist industrial property agency Gent Visick has advised AXA Real Estate Investment Managers in letting its 263,000 sq ft warehouse on the Redhouse Interchange estate to Next. The letting, the largest in Yorkshire since the Debenhams letting in ... Read more
Savills says its Commercial Development Activity Index for March recorded the strongest monthly expansion in two years. There were improvements in both the private and public sectors – work on private-sector contracts grew for the third month in a ... Read more
The UK commercial property market continued to experience weaker trends during the past month, with values down and total returns fairly neutral, says CBRE. The firm’s Monthly Index for March shows All Property total returns of +0.1% and a fall in ... Read more
Cushman & Wakefield has won the contract to provide property management services to The Crown Estate’s £1.5bn regional portfolio for the next five years. C&W will provide finance and business support as well as property and facilities ... Read more
The final version of the National Planning Policy Framework was unveiled on Tuesday and the UK commercial property industry has been quick to respond. Savills says this version is the same in most respects as the one announced last year, which ... Read more
Knight Frank says the latest IPD All Property Capital Growth Index, which has again declined, suggests that the long-anticipated double-dip for capital values in commercial property has finally arrived, but that it is following a shallow trajectory. ... Read more
Commercial property values fell 0.3% in February, says the IPD, which notes weakening occupier demand and sluggish growth in regional areas. Total returns were 0.3% for the month. This is the four consecutive month of declines in values in the IPD’s ... Read more
The performance of commercial property markets in the UK dipped slightly in February, with total returns at the All Property level of 0.1%, says CBRE. The firm’s latest Monthly Index shows capital values fell by 0.4% overall last month. The index ... Read more
