Hansteen Holdings says its strategy of buying high-yielding industrial properties at less than replacement cost with opportunities to add value, and managing them intensively via locally based management teams for income and value growth, “is an ... Read more
What sort of office space do TMT companies want? Derwent London has been on a trip to San Francisco and Silicon Valley to see for itself what occupiers in this sector are seeking in terms of office space, and to meet US tenants that may be expanding ... Read more
The Property Data Report 2012 has been published, setting out some key facts about the UK’s commercial property sector. The document includes information on property debt and sustainability. It has been produced by the Association of British ... Read more
Prime Central London retail areas have continued to thrive despite the economic gloom elsewhere, says Cushman & Wakefield, with record levels of retail space changing hands on two key streets. The firm’s research shows that 13 transactions ... Read more
The supply side is reacting faster than expected to the shortage of Grade A office space in Central London, says Savills – but the firm still expects an undersupply to continue to support rising office rents during 2012-2017. While take-up of Central ... Read more
The European market for available industrial units and logistics properties attracted strong investor interest during the second quarter, says Jones Lang LaSalle. The total transaction volumes of €2.2 billion recorded in Q2 2012 were up 56% from ... Read more
Prices for office space in the City of London fell in July for the second consecutive month, says the IPD, despite the interest of overseas buyers – and this may indicate that values in the sector are past their peak. The IPD’s UK monthly property ... Read more
While take-up of office space in Birmingham was subdued in the first half of 2012, demand for offices in the prime core was more resilient, says Savills. Take-up for the whole of Birmingham was down 56% year-on-year at 112,346 sq ft during H1 2012 ... Read more
The summer lull in the City of London offices market meant that only 127,000 sq ft was taken up in July across 11 deals, says Jones Lang LaSalle. This is well below the monthly average of around 300,000 sq ft. So far this year 2.1m sq ft has been ... Read more
Take-up of office space in the West End of London was subdued during July, says Jones Lang LaSalle, with 102,00 sq ft let across 10 transactions. So far this year 1.4m sq ft has been let compared with 1.6m sq ft at the same point in 2011. Demand ... Read more
