CBRE’s latest Monthly index shows that UK commercial property values were flat during November, after seven months in a row of incremental capital value increases. Overall total returns were 0.4% for November, down from 0.6% in October. Year-to-date ... Read more
Capital Shopping Centres yesterday announced it has submitted a planning application to extend the Lakeside shopping centre in Thurrock, in a £180m scheme that would add 325,000 sq ft to the centre, increasing its size by nearly a third. The ... Read more
The supply of investment property has increased, but finance has if anything become even harder to obtain, says Cushman & Wakefield in its latest report on the UK property investment market. Some sellers of investment property emerged during ... Read more
The Midlands remains oversupplied with secondary and tertiary office property, says Lambert Smith Hampton. In its recent National Office Market Report, the firm points out that prime office space remains limited across the region as demand outstrips ... Read more
Lambert Smith Hampton has identified key locations in the UK where it says developers of office space should start building now, in order to benefit from shortages of stock ‘when the upturn in demand returns in 2014’. The firm says there is only 1m ... 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
The recovery in development activity across the market for London office space has been sustained during the past six months, says Drivers Jonas Deloitte, although delivery of new space remains low compared with historical levels. “The question now ... Read more
The outlook for the UK commercial property market has become more challenging during the past quarter, says DTZ, with fewer attractive investment opportunities on offer. The firm’s Fair Value Index for the UK has fallen to 33 for the third quarter, ... Read more
Development Securities’ latest ‘Who Owns The City?’ report, its fourth in a series that began in 1998, shows that for the first time foreign ownership of City office property has overtaken the level of UK ownership of offices in the Square Mile. Just ... Read more
Tuckerman has let the ground floor office suite of 1,652 sq ft at 36-38 Botolph Lane in London EC4 to Catch 22 on a five-year lease with a three-year break for £21 per sq ft. Tuckerman acted on behalf of Parkwell Management Consultants Limited and ... Read more
