Accenture has agreed a 10-year lease on Cobalt 15a, a building providing 30,515 sq ft of office space on the Cobalt business park in Newcastle. The property will initially accommodate 250 staff but the global management consultancy group is expected ... Read more
Take-up of office space in Leeds city centre reached 87,050 sq ft in the final quarter of 2011 according to the Leeds Agents Forum as reported by Jones Lang LaSalle. This figure takes the full-year total to 398,159 sq ft transacted across 106 deals. ... Read more
RICS says commercial property rental expectations have fallen to their lowest since Q3 2009 as a result of lower occupier demand and the increasing availability of commercial property to let. Significantly, London and the south of England no longer ... Read more
SBH Page & Read has reported a slew of deals from its Docklands and Enfield offices. Among the transactions out of the firm’s Docklands office is the 10-year lease of 10,890 sq t at Remus House in Bow E3 for the ABBA Litho Pension Fund to Ican ... Read more
London & Stamford, which together with a Middle Eastern partner owns half of the Meadowhall shopping centre near Sheffield, is to put its stake in the mall on the market with a price tag of more than £1.6bn, according to the Sunday Times. The ... Read more
Bowyer Bryce has recently let 100 Cecil Street in Watford to The Good Guys Group on behalf of a private landlord. The two-year lease of this 1,563 sq ft industrial property has been agreed at a rent of £5,500 per annum. For further information please ... Read more
Lambert Smith Hampton has appointed Richard Duncan as senior surveyor to its Thames Valley agency team. He will join the firm’s Maidenhead office from Hicks Baker.
Duncan has more than seven years of Thames Valley agency experience, and will be ... Read more
Commercial property markets in the UK during December followed the pattern seen in previous months, with total returns of 0.5% and no overall change in capital values, says CBRE.
CBRE’s Monthly Index for December shows that total returns for the ... Read more
DTZ has appointed Andrew Heath, previously national partner in Strutt & Parker’s office agency and development team in London, to head its office agency team in Bristol. Heath joins the company, now part of Australia’s UGL group, as ... Read more
Cushman & Wakefield says investors continued to view the Central London commercial property market as a safe haven in 2011, with total investment volumes for this market reaching £10.9bn for the year, up from £9.9bn in 2010. With returns from ... Read more