Jones Lang LaSalle’s recent research into the market for industrial units of below 100,000 sq ft shows that occupier demand remains fragile. Take-up of all industrial and logistics property fell 24% in Q1 2012 to 17.7m sq ft compared with the ... Read more
As a business owner, are you aware that there is a range of government financial assistance available for companies of all sizes in the UK? Lambert Smith Hampton’s guide to government funding for businesses says that while the lack of funding from ... Read more
The government announced this week that listed companies will have to report their greenhouse gas emissions from next year – a move that will affect more than 50 UK property companies, says the British Property Federation. The data must be ... Read more
The market for out-of-town retail property is still showing some resilience, with rental growth visible in some prime retail parks, despite a drop in overall leasing levels from the 2007 peak, says Cushman & Wakefield. The firm’s latest ... Read more
Hammerson yesterday announced the sale of most of its portfolio of London office property to Brookfield Office Properties for £518m. The group had announced in February that it wanted to become a specialist retail REIT and become “the best ... Read more
Commercial property values in the UK in May suffered their steepest monthly drop since values began to decline in November 2011, says the IPD. The institute’s latest Monthly Property Index shows that values fell 0.5% last month – the seventh ... Read more
Are investors losing interest in the UK market for retail warehouse property? Savills says this doesn’t appear to be the case from the low levels of stock being marketed – it’s more that many investors are just unwilling to trade in the current ... Read more
Leasing activity for Central London offices picked up sharply in May but was still below the long-term average, says CBRE in its latest overview of the sector. Take-up of office space in Central London last month totalled 811,000 sq ft, a jump of 96% ... Read more
Bowyer Bryce has let retail premises in Borehamwood, on Shenley Road, on a ten-year lease at an annual rent of £20,000. The 1,737 sq ft shop, which also has a rear storage area and loading access, is in a prominent position on a main-road parade of ... Read more
Glenny LLP, acting on behalf of St Ives Print, has announced the sale of One Optima Park to motorcyle industry supplier Bike Alert. The 65,000 sq ft building on a three-acre site close to the M25 at Dartford is “one of the best quality substantial ... Read more
