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
At this stage, with the economy recovering from recession, it would be normal to expect retailing to be in good health, says the Local Data Company. “However, the ‘patient’ seems more fragile than had been hoped and the treatment regime includes some ... Read more
More landmark London office properties have been put on the market – Jones Lang LaSalle announced on Friday that it is to market the Fleet Street buildings known as Peterborough Court and Daniel House, which form part of the European headquarters of ... Read more
The market for available office space in the Thames Valley region last year recorded its best annual take-up since 2007, says JLL. After an exceptionally active third quarter, take-up for 2010 reached 1.9m sq ft, which is 16% above the five-year ... Read more
The results of January’s Monthly Index from CBRE show a continuation of last year’s trends, with central London outperforming the rest of the country. However, the gap between the capital and the rest of the UK narrowed last month, with Central ... Read more
Shopping centre transactions this year are set to be driven by banks, says Colliers International, as they seek to unwind their “bad loan” books. Colliers notes that receivership sales accounted for just 6% of such deals in 2010, suggesting that ... Read more
St Modwen Properties, which specialises in regeneration, today reported a return to full-year pre-tax profit of £37.5m for the year to 30 November 2010 (2009: loss £119.4m) and a 9% increase in net assets per share to 218p. The company issued a ... Read more
The RICS survey of the UK construction market for the fourth quarter of 2010 shows that the private sector is not at present filling the gap left by cuts in public-sector construction activity. The survey shows that activity overall continued to ... Read more
