David Jenkins, chairman of Development Securities, suspects that the City of London “will remain a market for those with deep pockets and a longer-term investment horizon”. Speaking at the release of the company’s full-year results, Mr Jenkins said ... Read more
With tenants prepared to pay more for environmentally-friendly office space, landlords should take a look at RICS’ new version of the Ska Rating. It could also help occupiers to save costs. RICS says the update will help occupiers and owners to ... Read more
CB Richard Ellis' latest research shows that transactions in European property investment market increased in size, on average, in Q4 2010, with 79 such deals of more than €100m completed during the final quarter of last year – the highest quarterly ... Read more
RICS has confirmed recent reports on the UK’s commercial property market in its latest Q4 2010 survey, noting that while sentiment is improving in the London office market, matters are very mixed elsewhere. The All Property net balance moved from ... Read more
The UK’s property markets now offer less attractive returns to investors, according to DTZ’s latest Fair Value report. The firm’s Fair Value Index for the UK came in at 33 for Q4 2010, compared with 48 in the third quarter of last year. DTZ says ... Read more
Minerva, which specialises in office and residential developments in the City and West End of London, today announced a 2.8% increase in the valuation of its investment properties, and a 3.7% rise in the value of its trading portfolio, during the ... Read more
It has been widely reported that government cost-cutting is set to hit regional markets for office space this year, while the London offices market powers ahead. But it’s not all bad news, says JLL in its latest national offices overview – Glasgow, ... Read more
An Irish shopping centre deal has collapsed as Ireland’s opposition parties have pledged to ban upward-only rent reviews. There may be implications for property markets across Europe, says Property Week today. The proposed €350m purchase of the ... Read more
What makes a good retail asset? British Land’s head of retail Charles Maudsley says the factors are “dominance of the local area; extensive catchment; accessibility for shoppers; affordable rents; and attractive unit configurations”. The group this ... Read more
Cushman & Wakefield has published some interesting commentary on the current economic situation in Europe with reference to real estate markets. It says that while inflation is a concern in the UK, it expects steady growth despite the ... Read more
