Leasing activity in the market for Central London office space continued to rise in September, says CBRE, with take-up reaching 1m sq ft and taking the total for the third quarter to 2.7m sq ft as a result – the highest quarterly total of the year so ... Read more
Saint George Participations today confirmed that its talks with DTZ have ended and that it will not be making an offer. The French group, the largest shareholder in DTZ, had made an approach in May. It was thought to have been planning to take the ... Read more
If you are a tenant of a commercial property, you should consider talking to your landlord about an early restructuring of your lease. It could lead to improved terms for you, including financial incentives that would enable you to reinvest into your ... Read more
Activity in the investment market for commercial property in the West End of London was disappointing in September, says Savills, with only 14 new opportunities coming to market. Only two of these were priced at more than £20m, and another four over ... Read more
UK commercial property values grew slightly during September, says CBRE in its latest Monthly Index report. Total returns for All Property rose 0.6% after a 0.5% increase in August, while capital values edged up 0.1% after a slight dip the previous ... Read more
The decline in take-up in central London office property is starting to look like a trend, says Capita Symonds, as occupiers remain reluctant to commit during the current uncertain economic climate. The firm’s latest review of the market for ... Read more
Take-up of industrial and warehouse property in the Western Corridor region was 50% above the ten-year average in the first half of this year, at 2.5m sq ft, says Jones Lang LaSalle. This was also a 3% improvement from the second half of 2010. This ... Read more
Confidence in the UK commercial property market has fallen, says Lloyds Banking Group, as worries about the economy and the eurozone crisis have taken their toll on sentiment. In its latest survey of financial decision-makers in the UK corporate real ... Read more
Property Week today reports a trio of industrial property transactions. It says Prologis European Properties has sold a 112,000 sq ft warehouse to J Sainsbury for £11m. The food retailer has occupied the Basingstoke property since 2004. In ... Read more
Available retail space remains very scarce in London’s prime shopping areas, says Knight Frank in its Autumn/Winter 2011 research into the capital’s retail property markets. The firm’s survey of 16 key Central London retail streets suggests an ... Read more
