The Financial Times reports today that the developers of One Hyde Park have sold the Rolex flagship retail unit sited beneath the luxury apartments there, to Grigory Guselnikov, a Russian investor, on behalf of the newly formed Williston Properties ... Read more
Demand for office space in central Leeds is rising, according to the latest research on the city by Colliers International. The firm says total absorption rose by 141,482 sq ft during the first half of 2011 – the largest increase in office occupancy ... Read more
Premiums and rising rents are becoming the norm for prime retail streets in Central London, says Savills. In its latest research into this market, the firm has considered whether the current trends of record high rents and record low yields can ... Read more
Occupiers still have options for Grade A space in Manchester city centre, says Colliers International. There is still more than 1m sq ft of Grade A space available in the centre, with seven floors offering more than 20,000 sq ft and an additional 24 ... Read more
Savills says in its latest Shopping Centre and High Street Bulletin that “the high street is still very much alive” – in contrast to some recent press articles suggesting that the end is nigh. There are still in fact a healthy number of store ... Read more
Income returns from UK property “are looking ever more attractive to a raft of income-hungry investors,” says Cushman & Wakefield in its August Marketbeat report, as they remain around the 7.0% level compared with 10-year bond yields of less than ... Read more
The latest Monthly Index from CBRE shows that July was another relatively static month, with All Property values up 0.1% after the 0.2% increase in June. This minor improvement was made thanks to a small downward movement in the equivalent yield, ... Read more
Office occupier activity in Manchester city centre increased during the second quarter, says the Manchester Office Agents Forum (MOAF). After a slow start to the year, take-up reached 174,978 sq ft for Q2, up 36% from the first quarter and taking the ... Read more
While demand for office space remains sluggish in most UK regional markets, the Birmingham Central Business District has recorded its highest quarterly take-up for nine months. Grade A vacancy levels for office space in Birmingham are now the lowest ... Read more
DTZ this morning confirmed the departure of its chief executive Paul Idzik and finance director Robert Rickert. Speculation is rife that the two had grown frustrated with the slow pace of a takeover agreement by 55% shareholder SGP. The French group ... Read more
