The IPD this week noted the cooling in rental values for available office space and retail property in Central London during October, saying that concerns have been increasing in recent months about a “pricing bubble” in the capital. The ongoing ... Read more
As MAPIC gets under way in Cannes, Cushman & Wakefield says some European retailers faced with negative retail sales at home are increasingly turning to Asia in the search for growth. But while international brands – not just luxury ones – have ... Read more
British Land and Oxford Properties today announced agreement on the pre-letting of 191,000 sq ft to insurance group Aon at their joint development, the Leadenhall Building in the City of London. The letting represents over 30% of the 610,000 sq ft ... Read more
Land Securities today said it expected pressures in managing occupancy rates to continue, but noted encouraging levels of enquiries for its London developments and progress in pre-letting its retail developments. The group’s main customer base – ... Read more
“Beyond the South East, the retail market can be a very gloomy place”. So says Savills in its latest research into the shopping centre and high-street retail markets in the UK. It highlights that some retail investors are waiting to examine the ... Read more
Capital Shopping Centres today said it had seen continued demand from international retailers and strong brands for retail space in its shopping malls, as it reported a vacancy rate of 3% and a 2% increase in footfall at its centres in the first ten ... Read more
Prime rents and yields for UK commercial property remained stable during the third quarter compared with Q2, despite the economic uncertainty across Europe, says CBRE. There were some changes by sector, however, particularly within retail, with shop ... Read more
Knight Frank has drawn attention to the continued strength of the Central London retail property market, as the sector is still outperfoming the rest of the UK in terms of sales, footfall and property market activity. “Retail in the capital continues ... Read more
The market for retail warehouse property is robust, dynamic and recovering well, says Savills. The firm has analysed Trevor Wood’s national retail warehousing tenancy database and concludes that vacancy rates are falling in all but the most ... Read more
Activity in the investment market for commercial property in the West End of London was disappointing in September, says Savills, with only 14 new opportunities coming to market. Only two of these were priced at more than £20m, and another four over ... Read more
