GVA expects shortages of prime property to become an increasing feature in the UK market, despite the slow nature of the economic upturn. Development levels were already low before the recession and are unlikely to increase quickly, given the ... Read more
There is 2.8m sq ft of available office space in Edinburgh, but Grade A space makes up only 25% of this total, says Savills. In its latest research into the market for Edinburgh offices, the firm says availability has continued to fall in the central ... Read more
DTZ says prime UK property now offers better value for investors than in the first quarter of 2011, with its Fair Value Index score rising to 50 for Q2 2011, from 28 in Q1 2011. The firm says the improved score reflects the fall in UK bond yields ... Read more
The Financial Times reports today that the developers of One Hyde Park have sold the Rolex flagship retail unit sited beneath the luxury apartments there, to Grigory Guselnikov, a Russian investor, on behalf of the newly formed Williston Properties ... Read more
Demand for office space in central Leeds is rising, according to the latest research on the city by Colliers International. The firm says total absorption rose by 141,482 sq ft during the first half of 2011 – the largest increase in office occupancy ... Read more
Occupiers still have options for Grade A space in Manchester city centre, says Colliers International. There is still more than 1m sq ft of Grade A space available in the centre, with seven floors offering more than 20,000 sq ft and an additional 24 ... Read more
Income returns from UK property “are looking ever more attractive to a raft of income-hungry investors,” says Cushman & Wakefield in its August Marketbeat report, as they remain around the 7.0% level compared with 10-year bond yields of less than ... Read more
The latest Monthly Index from CBRE shows that July was another relatively static month, with All Property values up 0.1% after the 0.2% increase in June. This minor improvement was made thanks to a small downward movement in the equivalent yield, ... Read more
Office occupier activity in Manchester city centre increased during the second quarter, says the Manchester Office Agents Forum (MOAF). After a slow start to the year, take-up reached 174,978 sq ft for Q2, up 36% from the first quarter and taking the ... Read more
While demand for office space remains sluggish in most UK regional markets, the Birmingham Central Business District has recorded its highest quarterly take-up for nine months. Grade A vacancy levels for office space in Birmingham are now the lowest ... Read more
