It’s World Green Building Week – and today at London’s City Hall Boris Johnson called on banks to support property owners in carrying out environmentally-friendly refurbishments in the capital. Johnson said the Greater London Authority had already ... Read more
Some pace came out of the market for Central London office space during August, says CB Richard Ellis, following two months of growth that outpaced the general trend. Take-up dived 58% in August to 0.6m sq ft, the lowest level since July 2009. ... Read more
On the whole, commercial property occupiers in the UK feel that their landlords provide a moderate level of service, but there is plenty of room for improvement. So says the Occupier Satisfaction Survey for 2010, published today by the Property ... Read more
GVA Grimley’s UK economic and property market review for the third quarter of 2010 highlights the fragility of occupier demand and the sharp difference between the market for Central London office space and other commercial property elsewhere in the ... Read more
More today on the decline in activity among commercial property developers, this time from Savills, whose latest data on the subject shows August saw the steepest fall in development activity for 14 months. As well as the cutbacks among public-sector ... Read more
Recent optimism triggered by positive data on retail sales does not bear out at ground level, says the Local Data Company in its recently published mid-year report on shop vacancies. There is already a north/south divide in vacancy levels for retail ... Read more
Investors are increasingly in reflective mood, according to David Wylie, head of UK economics and forecasting at CB Richard Ellis. He says that following the significant re-rating of UK property seen in recent months, investors are now seeking “more ... Read more
Salford council has reportedly granted planning permission to LPC Living for its regeneration scheme on the site of the former Radclyffe school in Ordsall, Salford. LPC had submitted plans for a 50,000 sq ft Morrisons store and the scheme also ... Read more
Mark Rudman, retail agency partner at JLL, says there is an estimated 4.8m sq ft of live retailer requirements for out-of-town retail space in the UK. What’s more, at least half of this space is needed by retailers of bulky goods – which is a ... Read more
Listed property company SEGRO says it has secured no fewer than eight pre-let deals totalling almost 44,000 sq m since announcing its interim results last month. Five of the properties are in the UK – including two on the Slough Trading Estate, and a ... Read more
