Launching its 2013 Money into Property report, DTZ says UK invested stock fell by another 3% last year, to £541bn, taking the total decline since the 2007 peak to 7%. But despite the decline, the firm’s analysis shows “mounting evidence of a recovery ... Read more
Writing in the latest issue of “In Retail”, CBRE’s head of retail agency Tony Devlin says that while retail administrations might be expected to trigger frantic cherry-picking by retailers previously locked out of prime pitches, this is not ... Read more
RICS says 10% more surveyors across the UK reported rising workloads in the first quarter of 2013 – a higher percentage than at any time since the end of 2007. The latest RICS UK Construction Market Survey showed an increase in private housing ... Read more
Knight Frank is advising occupiers of Central London office space to investigate the level of their business rates, to see whether they are excessive. It notes that business rates are among the few taxes to be based on an opinion of value, and this ... Read more
Jones Lang LaSalle says Q1 2013 take-up of office space in the Western Corridor, at almost 650,000 sq ft, was nearly four times the level of a year earlier, and a third above the five-year quarterly average of 487,500 sq ft. The total figure was ... Read more
Ryden has announced a further letting at Glasgow Trade Park, on behalf of Silverbank Development Company. Hire Station has taken a 10-year lease on 6,006 sq ft at a rent of £6.50 per sq ft. There is now only 10,000 sq ft of space available at the ... Read more
New research from Jones Lang LaSalle shows a jump in office requirements for Edinburgh, with the number of businesses seeking office space in Edinburgh nearly trebling in Q1 2013 compared with the previous quarter. In total there were 62 new ... Read more
Analysis of 32 regional UK property markets by Lambert Smith Hampton has found that 27% of total regional available office property (11.7m sq ft) is obsolete and that of this total, 7.4m sq ft is suitable for conversion. “This obsolete space is ... Read more
Since Scottish Enterprise switched in November 2012 to NovaLoca from CoStar as a source of current availability of properties in Scotland, the number of views has been rising steadily and enquiries have also increased. To make the Scottish ... Read more
Total returns from UK commercial property in March reached 0.5% at the All Property level, according to the latest CBRE monthly index, taking the total for the first quarter to 1.2%. This follows a 0.4% return in February. Capital values continued to ... Read more
