The UK market for logistics property is recovering, says DTZ, with a 19% increase in take-up during 2010. DTZ’s recent European report on the sector says most logistics markets in the region will deliver rental growth in 2012 at the earliest, but ... Read more
The market for available office space to rent in the Western Corridor region (which includes West London and the Thames Valley) has made a positive start to 2011, with more than 393,000 sq ft of office space let in the first quarter, says Jones Lang ... Read more
Four former Knight Frank agents are setting up a new agency to specialise in niche retail and restaurant leasing in London and the rest of the UK. Nigel Gillingham, Tracey Pollard and Woody Bruce, together with Rupert Bentley Smith, left Knight Frank ... Read more
Savills’ director of commercial research, Mat Oakley, says rental growth in the UK commercial property market is expected to be “relatively volatile” in coming months. Reacting to last week’s IPD figures for March, BDO quotes Mr. Oakley as saying ... Read more
IPD’s UK Monthly Index for March was again mixed, with All Property capital growth at 0.3% but rental growth ending after four consecutive months, coming in at –0.1% for the month. Within the overall figure for rents, the rental market for office ... Read more
JLL says the foundations have been laid for a better than expected year for the market for Thames Valley office space, after a strong start to 2011. Take-up in the first quarter totalled 409,000 sq ft, which was 28% more than in the previous quarter ... Read more
Carter Jonas and Cambridge-based Jeffersons Commercial have announced plans to merge with effect from 1 May. The Jeffersons team, led by Will Mooney and Ben Oughton, will relocate to Carter Jonas’ Cambridge office. Carter Jonas head of commercial ... Read more
Knight Frank recently held a briefing for bankers and asked those present when they thought the market for commercial property lending would normalise. The results were interesting – while Knight Frank had expected the majority answer to be 2015 and ... Read more
There was a marked pick-up in the performance of all three main commercial property markets in the UK during March, says CB Richard Ellis. The firm’s Monthly Index shows total returns of 1.2% and 0.7% growth in capital value for All Property. The ... Read more
Savills is predicting an increase in headline office rents in Manchester this year as Grade A supply remains scarce and demand starts to pick up, reports Place North West. Savills’ spring 2011 report into available office space in Manchester ... Read more
