JLL is celebrating the 21st year of its Southampton office with the publication of its South Coast Metropole 2010 report, a large tome including details of all key transactions in the region during the past year and the group’s thoughts on the ... Read more
Capital growth slowed further in May, says CB Richard Ellis. The group’s UK monthly index for May showed a total return of 1.2% and capital growth of 0.7%. “Investor demand has weakened in recent months as a result of growing nervousness over the ... Read more
The recovery in the commercial property market in Scotland lost a little pace during Q1 2010, although total returns were still strong at 5.5%, with capital growth of 3.8%, says CB Richard Ellis. The market is readjusting following unusually strong ... Read more
Edward Cooke, executive director of the BCSC, says there is need for action by the new coalition government in the UK on business rates, to alleviate the cost burden on occupiers – which is stifling the recovery in many areas of retail ... Read more
Yesterday the Cheesegrater, today the Walkie Talkie. Land Securities is dusting off plans to develop its unusually-shaped tower at 20 Fenchurch St in the City of London, joining the list of key sites that look set to be restarted as demand rises for ... Read more
The rapid bounce-back in commercial property pricing at the end of last year has run its course, giving way to “more sedate” growth in recent months, says the IPD in its latest UK Monthly Index report. The 0.8% rise in capital values recorded for ... Read more
British Land pleased investors this morning with stronger than expected results for the year to March 31. It said NAV had risen 27% to 504p and its portfolio valuation had grown 13.5% over the year. The group is considering restarting work on its ... Read more
The market for office space in Central London again performed more strongly than other commercial property sectors during April, said CB Richard Ellis as it unveiled its Monthly Index report last week as voters went to the polls. The All Property ... Read more
More from RICS today. The institute’s Commercial Property Survey for Q1 2010 says rental expectations for office space to let in central London have risen dramatically, as available space has declined for the second quarter in a row. RICS says ... Read more
