More evidence has emerged of a slowdown in UK commercial property, as Jones Lang LaSalle says its Quarterly Index recorded a fall in all-property total returns to 3.6% for the second quarter, from 6.2% in the first quarter. Capital values grew ... Read more
Take-up and construction activity on the UK’s business parks during the first half of 2010 was the lowest in the 14-year history of GVA Grimley's Business Parks Review. The review, which monitors the supply and demand of office space on business ... Read more
After yesterday’s results from CSC, here’s some more shopping-centre news. Cushman & Wakefield says yields for prime assets in this sector improved to 5.5% over the second quarter this year, as investment demand has outstripped supply. Yields for ... Read more
British Land today said it remained cautious about the near-term outlook as it reported a 2.2% increase in NAV to 515p per share for its first quarter, the three months to 30 June. The increase in the group’s portfolio valuation was just 1.4%, ... Read more
CB Richard Ellis says its latest Leeds Offices MarketView shows that the occupational market in the city remains fragile, but claims that higher activity levels indicate an improvement in occupier sentiment going into the second half of the ... Read more
British Land announced a major City offices deal this morning, finally reaching agreement on a transaction that has been the subject of speculation for several months. The property group, together with its joint venture partner Blackstone, has signed ... Read more
Listed property group Hammerson says the outlook remains uncertain. As the group today unveiled a 7% increase in adjusted pre-tax profit during the first half of 2010, chairman John Nelson said: “With an uncertain economic outlook we will focus on ... Read more
Lambert Smith Hampton’s quarterly research into the market for investment in UK commercial property shows that activity in Q2 2010 reached its highest for the past two years, with turnover of £8.3bn and 15 deals of more than £100m completing during ... Read more
To “kick-start a sustainable transformation of the North West of England”, the Evergreen consortium has been selected by the European Investment Bank to set up a major regional regeneration fund, in a move combining public and private funding that ... Read more
The level of demand for office space in the UK has weakened following a promising start to the year, says JLL. In its UK Office Occupier Enquiries Analysis for Q2 2010 JLL’s UK network reports that the number of enquiries for significant ... Read more
