RICS says that sentiment turned positive in the UK construction market during Q1 2010 – for the first time in two years. The UK construction market survey for the first quarter showed 5% more chartered surveyors reporting rising rather than ... Read more
The design of office space for sale and to let should reflect the increasing demand for flexible working, says the British Council for Offices. The BCO’s annual conference, held last week in London, included a panel entitled “How we work and why we ... Read more
The recovery in the commercial property market in Scotland lost a little pace during Q1 2010, although total returns were still strong at 5.5%, with capital growth of 3.8%, says CB Richard Ellis. The market is readjusting following unusually strong ... Read more
Edward Cooke, executive director of the BCSC, says there is need for action by the new coalition government in the UK on business rates, to alleviate the cost burden on occupiers – which is stifling the recovery in many areas of retail ... Read more
Leasing activity in the industrial property market has been boosted by a revival in the UK’s industrial output, says CB Richard Ellis. New research from the property consultancy says that the take-up of logistics property in Q1 2010 jumped to 4.5m ... Read more
After last week's strong results from major UK property companies, which highlighted the forthcoming scarcity of Grade A office space in London, Jones Lang LaSalle is pointing at the potential of refurbished and improved Grade B stock, given the ... Read more
The extent of the bad debts among loans made by UK banks to the commercial property sector is only just being recognised, says new research published today in Property Week. The report shows why banks are only considering the very safest loan ... Read more
Yesterday the Cheesegrater, today the Walkie Talkie. Land Securities is dusting off plans to develop its unusually-shaped tower at 20 Fenchurch St in the City of London, joining the list of key sites that look set to be restarted as demand rises for ... Read more
It is not clear where the drivers of office space take-up will come from in the UK’s regional office markets this year, says Jones Lang LaSalle. Insurance, recruitment and media companies have been the most active sectors in the regional office ... Read more
