There is no shortage of viable development sites in Manchester, but the key issue will be the level of occupational demand in the city in the next decade. So says Lambert Smith Hampton in its new research into the market for Manchester office ... Read more
Scottish property produced its first negative return in three years during the second quarter of this year, but Q3 saw a modest recovery with All Property total returns reaching 0.3%, says CBRE. The firm’s latest research into the Scottish ... Read more
London remains the key destination for global capital flowers, and an attractive location for occupiers to take advantage of an innovative and entrepreneurial environment, but it cannot become complacent and must continue to evolve in order to remain ... Read more
There are already around 100,000 sq ft of deals in the pipeline for this quarter within the prime core Birmingham offices market, says Savills, and this could take year-end take-up to 50% above the total seen last year. But year-end total take-up for ... Read more
British Land has reported a very slight increase in NAV during the first half of its 2012/2013 financial year, at 596p – up 1p from a year earlier. The group said the value of its portfolio was almost unchanged year-on-year at £10.388bn (£10.337bn) ... Read more
Manchester could soon be facing an undersupply of built Grade A office space, says GVA, if current office absorption rates continue. The firm’s latest research into the market for available office space in Manchester shows that the shortage of Grade ... Read more
DTZ says take-up of office space in the UK regional office market increased in Q3 to 930,000 sq ft, compared with the 10-year quarterly average of 1m sq ft. But the firm expects the full-year figure to be subdued at around 3.5m sq ft – the lowest ... Read more
Total returns from UK commercial property improved last month, reaching a ‘modest’ 0.4% according to the latest CBRE Monthly Index after September’s 0.2% return. Capital values at the All Property level also improved as the decline slowed down to ... Read more
Activity in the Central London offices market was subdued during the third quarter, says Jones Lang LaSalle, with 1.6m sq ft let across 88 transactions. Volumes were a third below the quarterly average and this was the lowest Q3 total since 2003. ... Read more
The Olympics delivered a one-off boost to the UK’s GDP in the third quarter this year, but the IPD says the recovery for the commercial property sector will be more of a marathon than a sprint. Phil Tily, IPD UK and Ireland managing director, says: ... Read more
