Lambert Smith Hampton says investors in commercial property are expected to turn their attention to prime real estate beyond the confines of central London this year. In its UK Investment Transactions (UKIT) Quarterly Bulletin for Q4 2010, the ... Read more
CBRE has published research further highlighting the strength of the office and retail markets in central London compared with weakness seen elsewhere. With concerns about consumer confidence persisting, it is no surprise that high-street shops ... Read more
Demand from banks and other financial services companies for office space in London has rebounded, according to figures out from Knight Frank, which says the take-up of office space in central London by the financial sector jumped to 6.4m sq ft last ... Read more
Savills says this year will remain challenging for the offices market in some UK cities, but expects rents to remain underpinned by the modest development pipeline. Take-up in most UK cities was muted in 2010, apart from London and Manchester, the ... Read more
Land Securities, which this week began work on the Walkie-Talkie office tower in the City in a joint venture with Canary Wharf Group, yesterday announced that it expects a wider range of buying opportunities this year – although bidding may remain ... Read more
Development activity in the commercial property market contracted again during December, says Savills. The firm’s latest monthly Commercial Development Activity index – a net balance monitoring the overall performance of the UK commercial property ... Read more
Take-up of office space rebounded during 2010 in the Western Corridor, says Jones Lang LaSalle, with almost 2.1m sq ft of offices let in the region west of London. The firm’s latest research into the sector in this area shows that take-up was 65% ... Read more
More major property deals are on the cards: Minerva told the Stock Exchange on Friday that it is in very early discussions that may lead to a take-over, while CBRE has reportedly become the favourite to acquire most or all of ING's real estate ... Read more
Colliers International, which has been tracking the level of retail voids in a sample of 15 towns across the UK for four years, says the broader picture is not as negative as might be suggested by headline figures. The proportion of vacant retail ... Read more
Rental growth in the market for available office space in Central London will be driven by a lack of grade A space this year, with Jones Lang LaSalle forecasting that West End office rents will reach around £95 per sq ft in larger units and above ... Read more
