Archives for April 2013

Investors seek shopping centre assets but more cautious towards high street – Savills

Investors were busy acquiring UK shopping centre property during the first quarter of 2013, says Savills, with 20 investment deals done during Q1 totalling £1.43bn. This compares with £488m in the same period last year, the firm notes. The average ... Read more

An ‘interesting cocktail’ as M25 leasing activity rises – Knight Frank

Knight Frank has reported a bounceback in occupier activity in the M25 area and M4 corridor offices during the first quarter of this year, but says take-up in the M3 region remains relatively subdued. Take-up in the M25 market was 646,517 sq ft in Q1 ... Read more

Central London property still in demand among overseas investors – Cushman & Wakefield

Central London commercial property remained highly attractive to international investors in the first quarter of 2013, says Cushman & Wakefield, which has calculated that a total of £2.75bn was transacted, with overseas investors accounting for ... Read more

Central London office occupiers seeking value – Cushman & Wakefield

Cushman & Wakefield says leasing activity in the market for office space in Central London is being driven by occupiers seeking more value for money. The firm says the balance of power remains in occupiers’ favour, with larger companies, in ... Read more

Another weak year for rental growth – Jones Lang LaSalle

Jones Lang LaSalle expects UK property returns to improve to 4.6% at the All Property level in 2013, compared with 3.4% in 2012. Returns over the five-year forecast period reach 6.2%, but this is lower than the long-term average. The firm’s latest ... Read more