“London is one of the most mature, dynamic office markets in the world, and as such it is in a constant state of flux.” So says Jones Lang LaSalle in a look back at the changing nature of the market for offices in Central London. The stock of ... Read more
Total returns for UK property came in at 0.3% in January, unchanged from December, while annual total returns slowed slightly to 1.7% according to CBRE’s latest Monthly Index. There was a continued slide in capital values, which fell 0.2% in January, ... Read more
Jones Lang LaSalle has been banging the drum for the South West in its market review of the area, predicting a growth rate of 13% this year for the region – which it says is equal to the West Midlands, and is in the top four regions outside ... Read more
Take-up of office space in Newcastle city centre slowed considerably in the final quarter of last year, totalling just 13,332 sq ft compared with 23,363 sq ft a year earlier, says Lambert Smith Hampton. This took the total for the whole of 2012 to ... Read more
Shaftesbury has reported continued good demand and letting activity across its West End property portfolio. In an update for the period from 1 October 2012 to 8 February 2013, the group says available vacant space is at “an exceptionally low level” ... Read more
A lack of Grade A office space in Oxford and a sustained level of demand means that the pendulum of power looks set to swing back in favour of landlords, says Savills in its most recent Oxford Market Watch. Last year was not a record year for ... Read more
Ryden and Cargill Property Consultants have announced two deals at Academy Office Park in Glasgow, for client Camlin. Includem has taken the 4,866 sq ft Building 6 at the park on a five-year lease at a rent of £32,500 per year. Meanwhile the 1,220 ... Read more
The range of City office space being marketed in the final quarter of 2012 serves as a reminder that there is room for creative deal-making, says Colliers International in its latest research into the sector. Take-up of City offices reached 1.3m ... Read more
Savills’ latest report on the market for office space in the City of London notes that take-up in December reached 500,000 sq ft, taking the total for 2012 to 4.63m sq ft, back in line with the ten-year average and 18% above the previous year’s ... Read more
Take-up of office space in Leeds city centre during 2012 totalled 405,951 sq ft, according to the Leeds Office Agents’ Forum. This is the largest total for four years and compares with the 398,159 sq ft reported for 2011. The market for ... Read more
