Savills is predicting an increase in headline office rents in Manchester this year as Grade A supply remains scarce and demand starts to pick up, reports Place North West. Savills’ spring 2011 report into available office space in Manchester ... Read more
The development of shopping centres in the UK last year was subdued with only five new schemes and six extensions opening, says Cushman & Wakefield in its new research on the sector. The firm expects development to remain modest this year and ... Read more
Another great Property Awards – last night’s event at the Grosvenor Hotel was very entertaining! NovaLoca was of course there to join in the fun. Michael McIntyre made everyone laugh and his comments about the improvement in mood since 2009 – did he ... Read more
It’s time for the Property Awards 2011! We are really looking forward to meeting you tonight at the Grosvenor Hotel in London, where NovaLoca is sponsoring the pre-dinner drinks and the Office Agency Team of the Year award. This year’s finalists ... Read more
The increase in business rates that came into force on Friday (1 April) may be a decisive factor in occupiers relocating from London’s W1 area, warns CB Richard Ellis. The increase equates to an extra £6 per sq ft per year for occupiers in Mayfair ... Read more
The market for industrial and distribution property in the UK is likely to remain difficult for the next one or two quarters, according to new research from Capita Symonds, but the second half of 2011 should see confidence strengthening and growth ... Read more
Occupiers in the retail sector drove the recover in take-up of logistics space during the final quarter of 2010, says Gerald Eve in its latest bulletin on the prime logistics market. Total logistics take-up was around 10m sq ft in Q4 2010, which the ... Read more
The great and good of the property world were at the Dorchester Hotel yesterday for the annual lunch hosted by Heron International, at which chief executive Gerald Ronson said he thought the market was about a third of the way through the current ... Read more
The UK Green Building Council has today called for energy efficiency ratings to be mandatory for all commercial buildings in a drive to cut costs, encourage refurbishment and improve efficiency. The council says ratings on an A to G scale should be ... Read more
The vacancy rate for office space in London's West End fell to 5.4% in the latest quarter from 5.9% in the previous three months, says Cluttons – the lowest level since January 2009. In some parts of the West End, such as Soho, the shortage of stock ... Read more
