Savills has been appointed to sell the Halton Lea shopping centre in Runcorn, almost a year since the mall went into receivership after its owners got into difficulties over the mortgage on the retail property. The guide price is £27.8m. Morgan ... Read more
Although take-up of office space in Manchester slowed during the first half of this year, demand remains healthy and steady absorption of Grade A space in the city looks set to continue, says Colliers CRE in new research. The firm points out that ... Read more
Activity among corporate occupiers in the M25 office market is rising, according to Savills. The firm’s latest research into the market for office space to let in the M25 area shows that corporates are increasingly seeking to take advantage of the ... Read more
Only about one third of occupiers are measuring their environmental performance, according to a benchmarking survey conducted by DTZ and CoreNet Global. Reporting the results, DTZ says that despite increasing pressure on companies to be more socially ... Read more
David Hutchings, partner in Cushman & Wakefield’s European Research team, notes that retail property markets are starting to look more interesting, and in some cases, more active as well. The group’s recent global research into retail rental ... Read more
Colliers CRE expects headline rents over the next three years for office space in central Birmingham to rise significantly, reaching £31.00 per sq ft by 2013. In its latest update on the market for office property in the centre of Birmingham, the ... Read more
West Midlands commercial property expert David Penn is warning that a lack of building stock is posing a threat to recovery in the industry. Penn, managing director of Shortland Horne Commercial, told the Birmingham Post that there was a shortage of ... Read more
The British Retail Consortium says retailers are under pressure from the system used to calculate business rates, and has asked Eric Pickles, secretary of state for communities and local government, to use a different method in future. The government ... Read more
It’s World Green Building Week – and today at London’s City Hall Boris Johnson called on banks to support property owners in carrying out environmentally-friendly refurbishments in the capital. Johnson said the Greater London Authority had already ... Read more
Some pace came out of the market for Central London office space during August, says CB Richard Ellis, following two months of growth that outpaced the general trend. Take-up dived 58% in August to 0.6m sq ft, the lowest level since July 2009. ... Read more
