RICS has confirmed recent reports on the UK’s commercial property market in its latest Q4 2010 survey, noting that while sentiment is improving in the London office market, matters are very mixed elsewhere. The All Property net balance moved from ... Read more
The UK’s property markets now offer less attractive returns to investors, according to DTZ’s latest Fair Value report. The firm’s Fair Value Index for the UK came in at 33 for Q4 2010, compared with 48 in the third quarter of last year. DTZ says ... Read more
Minerva, which specialises in office and residential developments in the City and West End of London, today announced a 2.8% increase in the valuation of its investment properties, and a 3.7% rise in the value of its trading portfolio, during the ... Read more
What makes a good retail asset? British Land’s head of retail Charles Maudsley says the factors are “dominance of the local area; extensive catchment; accessibility for shoppers; affordable rents; and attractive unit configurations”. The group this ... Read more
At this stage, with the economy recovering from recession, it would be normal to expect retailing to be in good health, says the Local Data Company. “However, the ‘patient’ seems more fragile than had been hoped and the treatment regime includes some ... Read more
The results of January’s Monthly Index from CBRE show a continuation of last year’s trends, with central London outperforming the rest of the country. However, the gap between the capital and the rest of the UK narrowed last month, with Central ... Read more
Shopping centre transactions this year are set to be driven by banks, says Colliers International, as they seek to unwind their “bad loan” books. Colliers notes that receivership sales accounted for just 6% of such deals in 2010, suggesting that ... Read more
Great Portland Estates today said it expected “supportive” conditions to persist throughout 2011, after issuing an update on its progress during the final quarter of 2010. It said it had seen a pick-up in leasing activity in its central London ... Read more
CBRE has published research further highlighting the strength of the office and retail markets in central London compared with weakness seen elsewhere. With concerns about consumer confidence persisting, it is no surprise that high-street shops ... Read more
Land Securities, which this week began work on the Walkie-Talkie office tower in the City in a joint venture with Canary Wharf Group, yesterday announced that it expects a wider range of buying opportunities this year – although bidding may remain ... Read more
