Offices to outperform – Jones Lang LaSalle

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

Busy May for City office leasing – Jones Lang LaSalle

Activity in the market for City office space to let in May reached one of the highest monthly totals on record, says Jones Lang LaSalle. A total of 793,400 sq ft was taken up last month, which represents a 117% jump from April and is 135% above the ... Read more

Rising activity in Central London offices – Jones Lang LaSalle

Jones Lang LaSalle says 2.5m sq ft of office space in Central London was let during Q1 2013, the highest total since the end of 2010. The 863,000 sq ft forward sale to Google at King’s Cross certainly boosted this figure, but JLL says “demand does ... Read more

Q1 activity boost in Big Six office markets – Jones Lang LaSalle

Total occupier take-up of office space across the UK’s ‘Big Six’ regional markets reached a million sq ft in Q1 2013, says Jones Lang LaSalle. This is an increase of 25% compared with a year earlier; although there were regional variations, the total ... Read more

Offices take-up jumps in Western Corridor – Jones Lang LaSalle

Jones Lang LaSalle says Q1 2013 take-up of office space in the Western Corridor, at almost 650,000 sq ft, was nearly four times the level of a year earlier, and a third above the five-year quarterly average of 487,500 sq ft. The total figure was ... Read more

Another weak year for rental growth – Jones Lang LaSalle

Jones Lang LaSalle expects UK property returns to improve to 4.6% at the All Property level in 2013, compared with 3.4% in 2012. Returns over the five-year forecast period reach 6.2%, but this is lower than the long-term average. The firm’s latest ... Read more