British Land has agreed to pre-let 145,000 sq ft of office space at its Regent’s Place development in NW1. In a statement to the London Stock Exchange this morning the company said the pre-let to Debenhams was at 10 Brock Street, a new office ... Read more
Activity in the market for Central London office space to let rebounded in August, with nearly 1.0m sq ft of space taken up, according to new research from CBRE. There were ten deals during the month of more than 20,000 sq ft each and a ... Read more
Property investors, pick up the Keep Calm and Carry On mug when making your coffee today – so says Knight Frank, which claims in its latest Market Outlook that while the financial markets have swung from bull to bear in the past few months, there is ... Read more
Occupiers are still least satisfied with landlords’ service charge arrangements and interaction with them on green issues, according to the latest Occupier Satisfaction Survey. The report, from the Property Industry Alliance and the UK chapter of ... Read more
Returns from retail property weakened during August, coming in at 0.4% for the month according to CBRE’s Monthly Index, with high street shop values falling as investor concern grew about the outlook for the consumer sector and retail rents. Capital ... Read more
RREEF, on behalf of the Employees Provident Fund of Malaysia, has bought one of the largest distribution centres in South East England, buying the Sainsbury’s distribution facility at Dartford for £80m. The purchase of the three warehouses – ... Read more
Great Portland Estates has today announced two major deals – the acquisition of a 2.3 acre West End redevelopment site and the £132.75m purchase, through its joint venture with the BP pension fund, of the ITN building on Gray’s Inn Road in ... Read more
It’s Friday, the Rugby World Cup has just kicked off, and we’d like to look on the positive side today. So here are some upbeat notes from Savills, which says there are a few “quite persuasive” reasons why a “proper” economic recovery might not be ... Read more
Retail vacancy rates remained stable at 14.5% on average in town centres across the UK during the first half of this year, but the gap between the best and worst performing retail centres in the UK has widened, says the Local Data Company in its ... Read more
Over the past 12 months, secondary office property in Central London has been the strongest performing sub-market within the UK commercial property markets, says CBRE. “Capital growth of 10.3% was achieved largely through a reduction in yields which ... Read more
