The Western Corridor region – encompassing west London and the Thames Valley – saw a strong increase in active named occupier demand during the second quarter, says recent research from Jones Lang LaSalle. The firm says occupier demand for offices in ... Read more
Land Securities today said it had stepped up its activity in retail development, mostly in edge-of-town locations, and now had a £275m, 1m sq ft pipeline of opportunities to meet the growing demand from food and fashion retailers for space. Chief ... Read more
The yield gap between prime and secondary retail property widened further during the second quarter of 2011, as investors continued to seek good-quality, well-let properties – assets that are in short supply. DTZ’s Q2 Retail Investment Market ... Read more
Construction activity in the private-sector office market is beginning to pick up, bucking the weak trend in other sectors, says Savills in its latest Commercial Development Activity report. Five of the nine sub-categories of commercial development ... Read more
In its annual Thames Valley Office Market report, Lambert Smith Hampton says the region is recovering from its 2009 low, with office take-up in 2010 totalling nearly 2m sq ft and this year continuing in a similarly positive tone, with 700,000 sq ft ... Read more
Development Securities is going into partnership with S Harrison Developments to develop the Friarsgate Shopping Centre in Lichfield. The listed company announced today that the 50:50 partnership would develop the retail-led scheme encompassing ... Read more
More today on Central London office space, this time from Capita Symonds, which says its second-quarter survey of the market shows lower activity levels, reflecting the slower world economy. The second quarter of 2011 again saw take-up of Central ... Read more
June was a largely flat month for UK commercial property markets, according to the Monthly Index from CBRE. The overall capital growth of 0.2% and total returns of 0.7% last month were in line with those recorded in May, and most sub-markets in June ... Read more
Property Week reports that Canary Wharf Group is the frontrunner to develop the Shell Centre on London’s South Bank into residential and office space. The group has financial backing from Qatar and is understood to be Shell’s preferred development ... Read more
DTZ today reported a pre-tax loss before exceptional items of £0.6m for the year to 30 April, compared with a profit on the same basis of £3.0m the previous year. It said it was disappointed with the results but noted that the second half of its ... Read more
