London & Stamford, which together with a Middle Eastern partner owns half of the Meadowhall shopping centre near Sheffield, is to put its stake in the mall on the market with a price tag of more than £1.6bn, according to the Sunday Times. The ... Read more
Cushman & Wakefield says there are signs of improvement in the London office market, but has warned that forward planning for leasing must become a stronger focus for companies if their property costs are not to rise. A survey of 500 of the ... Read more
Lambert Smith Hampton says investors in UK commercial property transacted a total of £8.06bn of deals during Q3, 22% more than in the previous quarter – despite the uncertain economic climate, and even though the third quarter is typically the ... Read more
Available retail space remains very scarce in London’s prime shopping areas, says Knight Frank in its Autumn/Winter 2011 research into the capital’s retail property markets. The firm’s survey of 16 key Central London retail streets suggests an ... Read more
British Land has agreed to pre-let 145,000 sq ft of office space at its Regent’s Place development in NW1. In a statement to the London Stock Exchange this morning the company said the pre-let to Debenhams was at 10 Brock Street, a new office ... Read more
Over the past 12 months, secondary office property in Central London has been the strongest performing sub-market within the UK commercial property markets, says CBRE. “Capital growth of 10.3% was achieved largely through a reduction in yields which ... Read more
The vacancy rate for office space in the West End of London has reached a recent low of 3.8% as supply has fallen to 3.9m sq ft – the lowest level since Q1 2008 and only 1.1m sq ft above the low-point of the previous cycle, says CBRE. The firm’s ... Read more
DTZ’s latest research on the market for available office space in Central London in Q1 2011 notes that the fall in take-up of newly built floorspace was sharpest, declining 40%, whereas the drop in take-up of second-hand office space was just 5% ... Read more
RICS has confirmed recent reports on the UK’s commercial property market in its latest Q4 2010 survey, noting that while sentiment is improving in the London office market, matters are very mixed elsewhere. The All Property net balance moved from ... Read more
More landmark London office properties have been put on the market – Jones Lang LaSalle announced on Friday that it is to market the Fleet Street buildings known as Peterborough Court and Daniel House, which form part of the European headquarters of ... Read more
