The UK property market was resilient during September, says CBRE, with the firm’s Monthly Index showing capital growth of 0.3% and a total return for all property of 0.8%. By sector, offices were the strongest performing area, with capital growth ... Read more
Savills has been appointed to sell the Halton Lea shopping centre in Runcorn, almost a year since the mall went into receivership after its owners got into difficulties over the mortgage on the retail property. The guide price is £27.8m. Morgan ... Read more
David Hutchings, partner in Cushman & Wakefield’s European Research team, notes that retail property markets are starting to look more interesting, and in some cases, more active as well. The group’s recent global research into retail rental ... Read more
The British Retail Consortium says retailers are under pressure from the system used to calculate business rates, and has asked Eric Pickles, secretary of state for communities and local government, to use a different method in future. The government ... Read more
On the whole, commercial property occupiers in the UK feel that their landlords provide a moderate level of service, but there is plenty of room for improvement. So says the Occupier Satisfaction Survey for 2010, published today by the Property ... Read more
Recent optimism triggered by positive data on retail sales does not bear out at ground level, says the Local Data Company in its recently published mid-year report on shop vacancies. There is already a north/south divide in vacancy levels for retail ... Read more
Investors are increasingly in reflective mood, according to David Wylie, head of UK economics and forecasting at CB Richard Ellis. He says that following the significant re-rating of UK property seen in recent months, investors are now seeking “more ... Read more
Salford council has reportedly granted planning permission to LPC Living for its regeneration scheme on the site of the former Radclyffe school in Ordsall, Salford. LPC had submitted plans for a 50,000 sq ft Morrisons store and the scheme also ... Read more
Mark Rudman, retail agency partner at JLL, says there is an estimated 4.8m sq ft of live retailer requirements for out-of-town retail space in the UK. What’s more, at least half of this space is needed by retailers of bulky goods – which is a ... Read more
While you’re still reeling from yesterday’s record-busting retail letting on Oxford Street, here’s some more news on the market for retail space in the UK. Cushman & Wakefield says the average availability of retail premises on the top shopping ... Read more
