Savills says in its latest Shopping Centre and High Street Bulletin that “the high street is still very much alive” – in contrast to some recent press articles suggesting that the end is nigh. There are still in fact a healthy number of store ... Read more
Income returns from UK property “are looking ever more attractive to a raft of income-hungry investors,” says Cushman & Wakefield in its August Marketbeat report, as they remain around the 7.0% level compared with 10-year bond yields of less than ... Read more
The latest Monthly Index from CBRE shows that July was another relatively static month, with All Property values up 0.1% after the 0.2% increase in June. This minor improvement was made thanks to a small downward movement in the equivalent yield, ... Read more
Office occupier activity in Manchester city centre increased during the second quarter, says the Manchester Office Agents Forum (MOAF). After a slow start to the year, take-up reached 174,978 sq ft for Q2, up 36% from the first quarter and taking the ... Read more
While demand for office space remains sluggish in most UK regional markets, the Birmingham Central Business District has recorded its highest quarterly take-up for nine months. Grade A vacancy levels for office space in Birmingham are now the lowest ... Read more
DTZ this morning confirmed the departure of its chief executive Paul Idzik and finance director Robert Rickert. Speculation is rife that the two had grown frustrated with the slow pace of a takeover agreement by 55% shareholder SGP. The French group ... Read more
The vacancy rate for office space in the West End of London has reached a recent low of 3.8% as supply has fallen to 3.9m sq ft – the lowest level since Q1 2008 and only 1.1m sq ft above the low-point of the previous cycle, says CBRE. The firm’s ... Read more
Logistics occupiers are being driven to consider design-and-build opportunities as the supply of buildings shrinks, says CBRE in its H1 2011 UK Industrial Market View. The firm says there are currently only two properties of more than 500,000 sq ft ... Read more
