While many of the measures announced by Chancellor George Osborne in his Emergency Budget today appear to be broadly in line with expectations, the increase in Capital Gains Tax at midnight tonight to 28% from 18% for higher-rate taxpayers is of key ... Read more
According to new research into occupier conditions in the EMEA region, Jones Lang LaSalle says companies are exercising “cautious” optimism in their property decisions. They are making plans in preparation for growth as and where it returns, and are ... Read more
IPD says the recovery in commercial property has continued to soften. Figures for the group’s May UK Monthly Index out this week show that UK commercial property capital growth eased for the second consecutive month, at 0.5%, reflecting a moderation ... Read more
National Grid is close to getting the go-ahead for a 1m sq ft business park in Greater Manchester on the site of an old gas production and storage facility, according to press reports. Development looks likely to take place in stages over several ... Read more
JLL says that thanks to the difficulties in obtaining debt finance over the past two years, the speculative development pipeline for City of London offices will deliver only modest volumes of office space by 2015, at a time when a potential 8m sq ft ... Read more
Demand for distribution and logistics space is set to rise sharply thanks to changes in the way we deal with our waste and recycling, with an area the size of 1,500 football pitches needed over the next five years. There is a “huge opportunity” for ... Read more
King Sturge says “the new decade has started with a glimmer of hope” as it examines the Thames Valley offices market in the first quarter of 2010. After a disappointing end to 2009, the market for office space in the region has made a steady start ... Read more
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
