As predicted in the national press, Land Securities today confirmed that work is start on the Trinity Leeds development – the first major shopping centre project in the UK since the start of the economic downturn. In a statement to the London ... Read more
CB Richard Ellis says its prime rent and yield monitor for the second quarter shows how in general the UK commercial property markets appear to be recovering more steadily in the south of the country, while northern regions are still showing signs of ... Read more
The overall volume of available industrial space in the UK market fell during the second quarter of 2010, as Grade A take-up remained strong and less Grade B and Grade C stock returned to the market, says DTZ in its quarterly review of the ... Read more
Stuff we like for free – the British Retail Consortium has today launched a free booklet to help retail occupiers to cut costs by engaging actively with their landlords. The Property Management Checklist outlines simple steps that the BRC says ... Read more
Mark Twain once said: “history won’t repeat itself, but it may rhyme”. Invista Real Estate Investment Management believes this saying illustrates what may happen next in the UK commercial property market. The recent strong recovery in UK ... Read more
Stock in the Midlands industrial and distribution market is drying up, according to CB Richard Ellis, after strong take-up rates in Q4 2009 and the first quarter of 2010. Mike Stephens, valuation advisory director at CBRE’s Birmingham office, told ... Read more
UK commercial development activity in June fell for following two months of growth, says Savills, with public-sector activity plummeting while private-sector development actually increased for the 11th month in a row. The group notes that just ... Read more
Cushman & Wakefield says London remains a key city in which to do business – investment activity in the capital’s commercial property market remained at a high level during the second quarter of 2010, with £2.78bn transacted in the key City, ... Read more
More commentary in the mainstream press today about the recovery in the UK’s commercial property market, particularly in the City, and how it may already be running out of steam. The Guardian cites a report out today from NB Real Estate saying that ... Read more
Available office space in Central London fell to its lowest level for two years in June, says CB Richard Ellis. The group’s monthly overview of the Central London office market reports that availability fell by 0.5m sq ft in June to 15.8m sq ft, ... Read more
