Derwent London today echoed recent comments from British Land when it said that buying opportunities had risen marginally since the summer, and it expected this trend to continue “as certain banks become more active in reducing their property ... Read more
British Land yesterday reported a 4.2% increase in NAV to 525p per share for the half-year to end-September, and said it had seen a stabilisation in retail rental values with growth seen in the best retail locations. Rental growth continued in the ... Read more
Two major listed property companies have issued results this week. Land Securities said its adjusted diluted NAV per share had risen 6.7% in the half-year to 30 September, to 737p, and said rental values had risen 1.1% across its portfolio during the ... Read more
“Rental recovery has stalled for the second consecutive quarter as demand for commercial property remains low. Indeed, falling stock markets, worries over the impact of spending cuts and the sustainability of the recovery appear to be creating an air ... Read more
The UK commercial property market saw capital growth of 0.2% in October, according to the CB Richard Ellis UK Monthly Index. The market was boosted by the Central London office sector, which continues to grow strongly thanks to increasingly ... Read more
Capital Shopping Centres today said it had made good progress since its interim results in August, saying its relationships with major retailers and its understanding of their retail space requirements had enabled the group to conclude a ... Read more
The Public Property Summit, run by PublicPropertyUK.com and Property Week, continues in London, with speakers today debating how public and private sector relationships can best be forged and how to overcome the obstacles to working together ... Read more
GVA Grimley’s research on pipeline activity for the Scottish retail sector shows a total of 286 retail proposals in Scotland currently within the planning process, granted planning permission or under construction, compared with 208 proposals in the ... Read more
September was another month of modest capital growth, says IPD. Its UK Monthly Index recorded just 0.2% of capital growth for the month, taking the 12-month change to 14.2%. This growth, together with a 0.6% income return, delivered a monthly total ... Read more
New research from Cushman & Wakefield has concluded that shopping centre development is to remain subdued this year. The Times reports that C&W says the amount of new space in shopping centres is likely to slide about 40% below the annual ... Read more
