More from RICS today. The institute’s Commercial Property Survey for Q1 2010 says rental expectations for office space to let in central London have risen dramatically, as available space has declined for the second quarter in a row. RICS says ... Read more
The mood improved in the commercial property market in northern England during the first quarter of this year, according to a RICS survey commented on by Crain's Manchester Business today. The weekly business newspaper says the survey showed a ... Read more
Tesco says it is to restart work on development projects it had previously put on hold. The supermarket giant today reported full-year pre-tax profits up 10% to £3.2bn and said it would spend £1.6bn on capital investment during the next 12 ... Read more
By now, you have probably heard quite enough about the Eyjafjallajökull volcano and the havoc wreaked on European air travel by its attendant ash-cloud, but that hasn’t stopped CB Richard Ellis from providing its thoughts on the matter. “Flexible ... Read more
Colliers CRE says its recent survey of 244 of the world’s major institutional and private investors shows that while much uncertainty still exists, “capital flows are showing signs of coming off the bottom and current investor sentiment indicates we ... Read more
Calling all agents! Did you know that you can use NovaLoca to advertise your expertise and areas of specialist knowledge, free of charge, by completing the agent profile on your company’s section of the website? Your agent profile page on NovaLoca ... Read more
Sunny skies outside, below the ash cloud from Iceland’s Eyjafjallajökull volcano, but cooler thoughts today at Property Week, where Giles Barrie says that the summer will be quiet, before a “very busy” final quarter this year. He believes the market ... Read more
The giant Westfield Stratford City development has appointed CB Richard Ellis and Cushman & Wakefield as joint leasing agents for the 1.1m sq ft of office space to be constructed as part of the scheme. The offices will be in the new commercial ... Read more
Jones Lang LaSalle’s latest research on the Central London commercial property market has concluded that the capital has just seen its strongest quarter since 2001. Neil Prime, head of markets at the group, said: “The total take-up of 3.5m sq ft ... Read more
Heron Tower, at 110 Bishopsgate, was topped out today. This is currently the tallest building in the City of London, with 46 storeys, and offers 439,560 sq ft of offices with a restaurant and bar at floors 38-40. The tower is 663 ft high but when its ... Read more
