The uncertainty triggered by the deepening eurozone crisis and the lack of growth in the UK economy has exacerbated the ongoing lack of liquidity and increasing costs of capital in the property lending market, finds the latest report from De Montfort ... Read more
Capital Shopping Centres yesterday announced it has submitted a planning application to extend the Lakeside shopping centre in Thurrock, in a £180m scheme that would add 325,000 sq ft to the centre, increasing its size by nearly a third.
The ... Read more
The supply of investment property has increased, but finance has if anything become even harder to obtain, says Cushman & Wakefield in its latest report on the UK property investment market.
Some sellers of investment property emerged during ... Read more
The Midlands remains oversupplied with secondary and tertiary office property, says Lambert Smith Hampton. In its recent National Office Market Report, the firm points out that prime office space remains limited across the region as demand outstrips ... Read more
DTZ has this morning announced that Australian property services firm UGL has agreed to acquire the company, in a deal that will see shareholders wiped out.
The company was placed into pre-pack administration immediately prior to UGL’s takeover. ... Read more
A new report from GVA Grimley examining the market for secondary commercial property in the UK points out that investors consider these properties to be risky for many reasons, including the greater difficulty of securing bank debt against them; ... Read more
Lambert Smith Hampton has identified key locations in the UK where it says developers of office space should start building now, in order to benefit from shortages of stock ‘when the upturn in demand returns in 2014’. The firm says there is only 1m ... Read more