More today on the decline in activity among commercial property developers, this time from Savills, whose latest data on the subject shows August saw the steepest fall in development activity for 14 months. As well as the cutbacks among public-sector ... Read more
The private non-residential construction sector – to which many in the construction industry are looking, amid widespread public-sector cutbacks - has been a disappointment during the past few months, says Glenigan, the construction industry data ... Read more
Recent optimism triggered by positive data on retail sales does not bear out at ground level, says the Local Data Company in its recently published mid-year report on shop vacancies. There is already a north/south divide in vacancy levels for retail ... Read more
Investors are increasingly in reflective mood, according to David Wylie, head of UK economics and forecasting at CB Richard Ellis. He says that following the significant re-rating of UK property seen in recent months, investors are now seeking “more ... Read more
Salford council has reportedly granted planning permission to LPC Living for its regeneration scheme on the site of the former Radclyffe school in Ordsall, Salford. LPC had submitted plans for a 50,000 sq ft Morrisons store and the scheme also ... Read more
Mark Rudman, retail agency partner at JLL, says there is an estimated 4.8m sq ft of live retailer requirements for out-of-town retail space in the UK. What’s more, at least half of this space is needed by retailers of bulky goods – which is a ... Read more
Listed property company SEGRO says it has secured no fewer than eight pre-let deals totalling almost 44,000 sq m since announcing its interim results last month. Five of the properties are in the UK – including two on the Slough Trading Estate, and a ... Read more
The British Property Federation has published its latest CRC (Carbon Reduction Commitment) report – this guide to the Energy Efficiency Scheme for landlords and tenants details how the government’s plan to reduce carbon emissions works, and gives a ... Read more
JLL says a recent deal at Normanton underlines the strength of the M62 logistics market – following the leasing by Poundworld Retail of a 215,000 sq ft warehouse at Axis 62 near Junction 31 of the motorway, there are no new units available in the ... Read more
JLL research has shown that Birmingham came top of the list for international property investment in the UK outside London in the first half of 2010. The Birmingham Post quotes Richard Goodhall from JLL as saying that the findings came as “something ... Read more
