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Poundworld takes last major M62 warehouse

September 3, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Industrial Unit, M62, Poundworld

Birmingham tops investment league

September 2, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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


SMEs dodge rent reviews with shorter leases

September 1, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Last year was characterised by many as an occupiers’ market, but the British Property Federation says a revolution in lease terms has been quietly underway for the past two decades – and its survey of leases during the past year underpins these ... Read more


Hansteen ready to snap up bargains

August 31, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Hansteen Holdings, the listed REIT that invests in industrial property in the UK and continental Europe, today said it was ready to take advantage of opportunities to buy UK properties from banks and administrators at “good prices”, as it announced a ... Read more

This entry was tagged: Commercial property, Hansteen, Industrial Unit

Retail shake-out is past the worst – C&W

August 24, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

While you’re still reeling from yesterday’s record-busting retail letting on Oxford Street, here’s some more news on the market for retail space in the UK. Cushman & Wakefield says the average availability of retail premises on the top shopping ... Read more

This entry was tagged: Commercial property, Cushman & Wakefield, Retail space

Desigual smashes Oxford St rent record

August 23, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Spanish fashion retailer Desigual has beaten off stiff competition for a key retail space on London’s Oxford Street, paying a record rent and suggesting that other retailers in the area may face sharp increases in their own rent levels. It has been ... Read more

This entry was tagged: Commercial property, Desigual, Oxford Street, Retail space

Two-tier office market persists in Manchester

August 20, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Savills says the market for available office space in Manchester is set to continue to be split into two tiers. The group says demand remains strong for larger floorplates, which are becoming more scarce, but there has been a distinct lack of ... Read more

This entry was tagged: Commercial property, Manchester, Office Space

Better outlook for Thames Valley offices

August 19, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

JLL says confidence appears to be returning to the Thames Valley offices market. During the first half of 2010, 661,000 sq ft of office space in the region was taken up, which is a 42% increase on H1 2009. “On this basis, it is likely that 2009 was ... Read more

This entry was tagged: Commercial property, Office Space, Thames Valley

Three “hot” areas for UK commercial property

August 18, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

DTZ says its new, forward-looking property index indicates that there are only three areas in the UK that currently offer commercial property investors attractive terms. The group calculates these three areas as: office space in the City of ... Read more

This entry was tagged: Commercial property, Office Space, Retail space

Property lending “to remain muted”

August 17, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

While concerns about the economic outlook, public-sector spending cuts and constrained consumer spending all have a part to play in the negative sentiment currently making the headlines, worries about the financing of property are also still having ... Read more


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