According to new analysis from Cushman & Wakefield, the UK is the most developed online retail market in the world. The firm’s ‘Global Perspective on Retail: Online Retailing’ report has calculated an index of online retail market development ... Read more
British Land has spent £470m on buying up most of the Paddington Central estate, a 1.2m sq ft office-led, mixed-use estate near Paddington Station in West London. The group says the investment “offers an attractive blend of income and capital return, ... Read more
Offices are forecast to deliver the strongest total returns of all commercial property sectors during the 2013-2017 period according to new estimates produced by Jones Lang LaSalle. The firm has revised up its forecast for total returns at the All ... Read more
Colliers International has been considering the prospects for the UK’s high streets and has come to the conclusion in its forthcoming Midsummer retail report that it is poised for a “selective” recovery, with major town centres seeing the greatest ... Read more
The UK shopping centre investment market has been “very healthy” so far this year, says Cushman & Wakefield, with £1.928bn transacted in the first six months – compared with £808m a year earlier. There is still plenty of demand for the large, ... Read more
CBRE has reported positive change in capital value across all sectors in its May Monthly Index – the first time this has happened since November 2011. Capital values increased y 0.1% at the All Property level. Aleksandra Starczynska at CBRE says this ... Read more
The 1,431 sq ft retail premises in Edinburgh at 330 Lawnmarket, formerly Castle Antiques, attracted a total of 11 offers, each above the asking rent of £65,000 per annum, says Ryden. The firm has signed up Kiltane Retail on a 25-year lease at £72,000 ... Read more
GVA says it is seeking gradual improvement in occupier sentiment across many of the UK’s commercial property markets, and expects average UK commercial property rental values to grow by 0.7% this year – barring any further major economic shocks. This ... Read more
The continued sluggish lettings activity in the UK retail market is due to the economic downturn and not to the rise of Internet retailing, says CBRE in a recent Viewpoint article. The amount of sales diverted from shops by the rise of internet ... Read more
The British Retail Consortium says the UK town-centre shop vacancy rate in April rose to 11.9%, from 10.9% in January, to reach the highest level since the BRC/Springboard survey began in July 2011. The BRC’s director general Helen Dickinson ... Read more
