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 British Retail Consortium’s latest research indicates that the national shop vacancy rate on the UK’s high streets and shopping centres in May this year was 11.2% – with the highest regional rates for vacant retail property in Northern Ireland ... Read more
Premiums and rising rents are becoming the norm for prime retail streets in Central London, says Savills. In its latest research into this market, the firm has considered whether the current trends of record high rents and record low yields can ... Read more
Savills says in its latest Shopping Centre and High Street Bulletin that “the high street is still very much alive” – in contrast to some recent press articles suggesting that the end is nigh. There are still in fact a healthy number of store ... 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
The latest research from the Local Data Company shows that there is a very wide range in shop vacancy levels across the UK. The LDC visited 400 town centres and out-of-town retail parks and shopping centres during the second quarter of 2011 and found ... Read more
Land Securities today said it had stepped up its activity in retail development, mostly in edge-of-town locations, and now had a £275m, 1m sq ft pipeline of opportunities to meet the growing demand from food and fashion retailers for space. Chief ... Read more
The yield gap between prime and secondary retail property widened further during the second quarter of 2011, as investors continued to seek good-quality, well-let properties – assets that are in short supply. DTZ’s Q2 Retail Investment Market ... Read more
Development Securities is going into partnership with S Harrison Developments to develop the Friarsgate Shopping Centre in Lichfield. The listed company announced today that the 50:50 partnership would develop the retail-led scheme encompassing ... Read more
