JLL says that thanks to the difficulties in obtaining debt finance over the past two years, the speculative development pipeline for City of London offices will deliver only modest volumes of office space by 2015, at a time when a potential 8m sq ft ... Read more
Capital growth slowed further in May, says CB Richard Ellis. The group’s UK monthly index for May showed a total return of 1.2% and capital growth of 0.7%. “Investor demand has weakened in recent months as a result of growing nervousness over the ... Read more
Demand for distribution and logistics space is set to rise sharply thanks to changes in the way we deal with our waste and recycling, with an area the size of 1,500 football pitches needed over the next five years. There is a “huge opportunity” for ... Read more
King Sturge says “the new decade has started with a glimmer of hope” as it examines the Thames Valley offices market in the first quarter of 2010. After a disappointing end to 2009, the market for office space in the region has made a steady start ... Read more
RICS says that sentiment turned positive in the UK construction market during Q1 2010 – for the first time in two years. The UK construction market survey for the first quarter showed 5% more chartered surveyors reporting rising rather than ... Read more
Following another week of volatility on the world’s financial markets, property fund manager Clavis Walden has decided to postpone indefinitely the launch of a commercial property fund, citing investor uncertainty as the reason for the ... Read more
The design of office space for sale and to let should reflect the increasing demand for flexible working, says the British Council for Offices. The BCO’s annual conference, held last week in London, included a panel entitled “How we work and why we ... Read more
The recovery in the commercial property market in Scotland lost a little pace during Q1 2010, although total returns were still strong at 5.5%, with capital growth of 3.8%, says CB Richard Ellis. The market is readjusting following unusually strong ... Read more
Edward Cooke, executive director of the BCSC, says there is need for action by the new coalition government in the UK on business rates, to alleviate the cost burden on occupiers – which is stifling the recovery in many areas of retail ... Read more
Leasing activity in the industrial property market has been boosted by a revival in the UK’s industrial output, says CB Richard Ellis. New research from the property consultancy says that the take-up of logistics property in Q1 2010 jumped to 4.5m ... Read more
