DTZ says its new, forward-looking property index indicates that there are only three areas in the UK that currently offer commercial property investors attractive terms. The group calculates these three areas as: office space in the City of ... Read more
Shaftesbury, the listed REIT, has provided an illustration of the buoyant trading conditions in London's West End, where its investment and development strategy is focused. In sharp contrast to the cautious statements recently made by other ... Read more
We’re not short at the moment of gloomy commentary on the outlook for UK commercial property - as well as the quarterly index from Jones Lang LaSalle showing a slowdown in returns and capital values, and the Savills development activity expectations ... Read more
The outlook for commercial development activity has turned negative for the first time in 12 months, according to Savills, which has published its latest Commercial Development Activity report. The lack of funding for new projects and worries about ... Read more
More evidence has emerged of a slowdown in UK commercial property, as Jones Lang LaSalle says its Quarterly Index recorded a fall in all-property total returns to 3.6% for the second quarter, from 6.2% in the first quarter. Capital values grew ... Read more
Take-up and construction activity on the UK’s business parks during the first half of 2010 was the lowest in the 14-year history of GVA Grimley's Business Parks Review. The review, which monitors the supply and demand of office space on business ... Read more
British Land today said it remained cautious about the near-term outlook as it reported a 2.2% increase in NAV to 515p per share for its first quarter, the three months to 30 June. The increase in the group’s portfolio valuation was just 1.4%, ... Read more
CB Richard Ellis says its latest Leeds Offices MarketView shows that the occupational market in the city remains fragile, but claims that higher activity levels indicate an improvement in occupier sentiment going into the second half of the ... Read more
British Land announced a major City offices deal this morning, finally reaching agreement on a transaction that has been the subject of speculation for several months. The property group, together with its joint venture partner Blackstone, has signed ... Read more
The level of demand for office space in the UK has weakened following a promising start to the year, says JLL. In its UK Office Occupier Enquiries Analysis for Q2 2010 JLL’s UK network reports that the number of enquiries for significant ... Read more
