The looming General Election has unsettled the UK commercial property market, says the latest research from Cushman & Wakefield. David Hutchings, head of research, said: “The market remains strong but it is clear that some investors are at the ... Read more
You may remember the recent court case that resulted in a €100,000 fine for Drivers Jonas after it hired a Cannes restaurant down the road from MIPIM to entertain delegates on the way to the conference venue. The judge agreed with organisers Reed ... Read more
For the first time since government records on the subject began in 1998, the amount of available commercial property in the UK has fallen, according to research by NB Real Estate. The company, part of Capita Symonds, says that in 2008 around 1.2m ... Read more
Economist Roger Bootle has some words of warning for those invested in the commercial property market – or thinking of doing so. Writing in today’s Daily Telegraph , he says that while the current rebound in the commercial property market is not ... Read more
A new month, and more things for retailers to worry about. The British Retail Consortium has today called on the government to reappraise the property taxes they have applied to businesses, saying new increases threaten “to harm retailers’ ability to ... Read more
The system of paying rent on a quarterly basis is “archaic”, says the Liverpool Daily Post in a Viewpoint column published today. And recent case law is forcing administrators to shut up shop instead of fighting for struggling businesses, it ... Read more
The Financial Services Authority has “underestimated” the extent of the problems facing the commercial property sector with regard to lending, says primary and special servicer Hatfield Philips. The FSA’s Financial Risk Outlook 2010, published ... Read more
During the economic downturn, approximately 15% of physical regeneration projects involving the private sector have stalled or slowed because developers are struggling to get finance or because of concerns about future yields. So says a report from ... Read more
Investors in the UK retail market will have opportunities in all subsectors in 2010 as the rebound in the market is expected to maintain momentum throughout the first half of the year, says CB Richard Ellis. The group’s executive director for ... Read more
Songbird Estates, the majority owner of the Canary Wharf development in London, on Friday announced a return to profit for 2009 as the upturn continued in the market for office space to let in the capital. The group said its rental income for the ... Read more
