The vacancy rate for office space in London's West End fell to 5.4% in the latest quarter from 5.9% in the previous three months, says Cluttons – the lowest level since January 2009. In some parts of the West End, such as Soho, the shortage of stock ... Read more
Hammerson has changed the plans for its Bishops Place development on Shoreditch High Street in London, reports the Telegraph, and now wants to develop a 591,000 sq ft office building on the site that will have some of the largest floorplans in the ... Read more
Banks are still only lending in limited amounts to the UK’s property sector, says Jones Lang LaSalle. The firm’s 2001 Lenders' Expectations report shows that although more respondents this year were prepared to lend between £50m and £100m, fewer than ... Read more
“Investors and agents alike are hoping new sales will spring in March after a very muted start to 2011,” says Savills in its latest research on investment in property in London's West End. It notes that there were only 12 new opportunities marketed ... Read more
Today, the last part of our look at JLL’s South Wales Report for 2011. The market for available office space in South Wales did not have an easy time last year, with occupier uncertainty and limited activity throughout the region. Despite the ... Read more
Developer Genr8 has won initial planning consent for 540,000 sq ft of its plans to develop the Central Business District in Stoke-on-Trent, according to Property Week. The entire project could ultimately provide as much as 750,000 sq ft of office ... Read more
Colliers International says future public-spending cuts are likely to have a major impact on office take-up in the central city area of the Edinburgh office market. The firm notes there was a marked improvement in take-up during 2010, with the City ... Read more
Shaftesbury has seen the pace of its acquisition activity speeding up, and today announced a placing of up to 22.7m new shares to take its financial resources for new purchases to around £160m. The company, which specialises in the West End of ... Read more
With tenants prepared to pay more for environmentally-friendly office space, landlords should take a look at RICS’ new version of the Ska Rating. It could also help occupiers to save costs. RICS says the update will help occupiers and owners to ... Read more
CB Richard Ellis' latest research shows that transactions in European property investment market increased in size, on average, in Q4 2010, with 79 such deals of more than €100m completed during the final quarter of last year – the highest quarterly ... Read more
