Archives for November 2011

London occupiers seek flexibility and efficiency – Cushman & Wakefield

Cushman & Wakefield says there are signs of improvement in the London office market, but has warned that forward planning for leasing must become a stronger focus for companies if their property costs are not to rise. A survey of 500 of the ... Read more

Economic outlook dampens rental growth, but opportunities remain – DTZ

The outlook for the UK commercial property market has become more challenging during the past quarter, says DTZ, with fewer attractive investment opportunities on offer. The firm’s Fair Value Index for the UK has fallen to 33 for the third quarter, ... Read more

How to guard against tenant administrations – DTZ

While it is important to be aware of national and international trends in the property market, it is also vital to be in constant dialogue with your tenants in order to detect early warning signs of a failing tenant, says Liz Steele, associate ... Read more

Overseas investors own the majority of City office space

Development Securities’ latest ‘Who Owns The City?’ report, its fourth in a series that began in 1998, shows that for the first time foreign ownership of City office property has overtaken the level of UK ownership of offices in the Square Mile. Just ... Read more

New deals for Tuckerman and Savills

Tuckerman has recently let the sixth floor of Westminster Tower on the Albert Embankment in London SE1 to SPARKS on behalf of CLSH Management. The lease of the 3,118 sq ft property is at a rent of £26 per sq ft. For additional properties available to ... Read more

IPD reports flat UK growth as eurozone worries continue

The IPD this week noted the cooling in rental values for available office space and retail property in Central London during October, saying that concerns have been increasing in recent months about a “pricing bubble” in the capital. The ongoing ... Read more