Archives for November 2012

A tale of two buildings: are EPCs a true indicator of energy efficiency?

Energy Performance Certificates (EPCs) are not enough by themselves to deliver the government’s targets to de-carbonise the UK’s built environment, says Jones Lang LaSalle in a joint report with the Better Buildings Partnership, a collaboration ... Read more

Low supply in Manchester attracts speculative office developments – LSH

There is no shortage of viable development sites in Manchester, but the key issue will be the level of occupational demand in the city in the next decade. So says Lambert Smith Hampton in its new research into the market for Manchester office ... Read more

Modest recovery for Scottish property in Q3 – CBRE

Scottish property produced its first negative return in three years during the second quarter of this year, but Q3 saw a modest recovery with All Property total returns reaching 0.3%, says CBRE. The firm’s latest research into the Scottish ... Read more

Positive outlook for Central London offices – Jones Lang LaSalle

London remains the key destination for global capital flowers, and an attractive location for occupiers to take advantage of an innovative and entrepreneurial environment, but it cannot become complacent and must continue to evolve in order to remain ... Read more

Flight to quality favours prime core Birmingham offices – Savills

There are already around 100,000 sq ft of deals in the pipeline for this quarter within the prime core Birmingham offices market, says Savills, and this could take year-end take-up to 50% above the total seen last year. But year-end total take-up for ... Read more

British Land reports more office lettings and unchanged NAV

British Land has reported a very slight increase in NAV during the first half of its 2012/2013 financial year, at 596p – up 1p from a year earlier. The group said the value of its portfolio was almost unchanged year-on-year at £10.388bn (£10.337bn) ... Read more

Private-sector commercial development activity jumps to 32-month record – Savills

The latest Commercial Development Activity Index from Savills shows that there was another increase in total commercial activity during October, with the net balance of the index reading +11.0% last month after +9.9% in September. Private-sector ... Read more