Although the numerous recent retail failures will push up national vacancy rates even further and put even more downward pressure on retail rental values, there is renewed interest among property investors in retail property - and aggressive bidding ... Read more
On behalf of a private client, Ryden has acquired the heritable interest in the London Road Trade Park in Glasgow for £1.69m. The price reflects a net initial yield of 8.7%. The trade park is a modern development of five trade counter units ... Read more
The Scottish Property Federation, which held its annual conference this week, has revealed that the value of commercial property sales in Scotland has fallen by more than 80% since 2007. The £5.1bn fall in the value of year-on-year commercial ... Read more
Take-up in the UK industrial and logistics market fell 25% year-on-year in 2012 to a total of 76.1m sq ft, says Lambert Smith Hampton – the lowest level in nearly a decade. According to Lambert Smith Hampton’s recently released Industrial and ... Read more
Jones Lang LaSalle in the final quarter of 2012 fell to 1.0% as a result of the continued decline in capital values and weaker income growth. In its Property Index update for the quarter, the firm notes that results varied across sectors, with office ... Read more
Investor optimism is improving, says Savills: the risk aversion that had started to creep in has now disappeared and pointing to renewed confidence in the sustainability of current pricing levels. The lack of prime property available at attractive ... Read more
Lambert Smith Hampton and Jones Lang LaSalle are jointly marketing the UK's largest speculative shed development – 400,000 sq ft of space at Lancashire Business Park, Leyland. The scheme will replace a 450,000 sq ft building that was destroyed by ... Read more
Jones Lang LaSalle’s review of the South West market has highlighted the strong growth rate forecast for Bath – at 13% for 2013, one of the highest outside London and the South East. The firm says there are a number of emerging sectors and trends ... Read more
Barratt Developments has bought the former headquarters of the Department for Transport, reports the Times, and plans to turn the office space in Victoria into residential property. The £100m scheme has secured planning permission to turn the Great ... Read more
Savills expects to see an increase in the level of Chinese money into the London property market and elsewhere around the world, following the recent relaxation of regulations by the Chinese Insurance Regulatory Commission. The firm thinks this could ... Read more
