The IPD has published findings of its research into lease lengths, showing that short-term leases can hamper growth in property value, with particular reference to the market for retail premises. The analysis of lease lengths in the UK shows that ... Read more
CBRE has hired Bill Colville to be its UK regional chairman. Mr. Colville, currently the UK regional chairman at DTZ, will split his time between regional responsibilities and a role on the CBRE Scotland senior management team. CBRE also says Mr. ... Read more
Savills says its Commercial Development Activity Index for March recorded the strongest monthly expansion in two years. There were improvements in both the private and public sectors – work on private-sector contracts grew for the third month in a ... Read more
The UK commercial property market continued to experience weaker trends during the past month, with values down and total returns fairly neutral, says CBRE. The firm’s Monthly Index for March shows All Property total returns of +0.1% and a fall in ... Read more
The market for commercial property in the UK is more polarised now than ever, says Prupim. In its latest Real Estate Perspective report, the property fund manager says investors increasingly prefer prime assets with limited potential for growth over ... Read more
Jonathan Eastwood is returning to CBRE after five years at Capital Retail. He has been appointed senior director in CBRE’s Central London agency team. At Capital Retail, he was the partner in charge of Central London agency. CBRE’s head of UK ... Read more
The Telegraph has noted the attractiveness of EC1 to a wave of new occupiers in the creative, media, technology and fashion sectors, previously located in the West End of London. Office space in Clerkenwell and offices in Farringdon are cheaper than ... Read more
Bowyer Bryce has let 412 sq ft of office space in Barnet at the Wrotham Business Park. The three-year lease of Unit 10 to Aappro is at an annual rent of £8,652. The unit forms part of the offices located within converted farm buildings on the ... Read more
Cushman & Wakefield has won the contract to provide property management services to The Crown Estate’s £1.5bn regional portfolio for the next five years. C&W will provide finance and business support as well as property and facilities ... Read more
Regeneration specialist St Modwen Properties today reported that its ongoing commercial property projects had continued to progress well. Schemes where contracts have been signed and construction is under way include an 85,000 sq ft retail property ... Read more
