Jones Lang LaSalle’s latest research on the Central London commercial property market has concluded that the capital has just seen its strongest quarter since 2001. Neil Prime, head of markets at the group, said: “The total take-up of 3.5m sq ft ... Read more
The Financial Times has commented on the number of commercial property developments that are under way in the City of London. These include projects that had previously been put on hold but are now being restarted, the paper says. Developers are ... Read more
The looming General Election has unsettled the UK commercial property market, says the latest research from Cushman & Wakefield. David Hutchings, head of research, said: “The market remains strong but it is clear that some investors are at the ... Read more
London is leading the recovery in the commercial property market, says Cluttons in its latest research on the subject, but concerns persist regarding all but the very best stock. Cluttons says capital values have risen 11% since last July, but ... Read more
The shape of legal offices is changing, says new research from CB Richard Ellis. The group says paper-heavy, single-cell offices are giving way to open-plan properties and flexible working initiatives in the UK legal sector. The “Changing ... Read more
You may remember the recent court case that resulted in a €100,000 fine for Drivers Jonas after it hired a Cannes restaurant down the road from MIPIM to entertain delegates on the way to the conference venue. The judge agreed with organisers Reed ... Read more
For the first time since government records on the subject began in 1998, the amount of available commercial property in the UK has fallen, according to research by NB Real Estate. The company, part of Capita Symonds, says that in 2008 around 1.2m ... Read more
Economist Roger Bootle has some words of warning for those invested in the commercial property market – or thinking of doing so. Writing in today’s Daily Telegraph , he says that while the current rebound in the commercial property market is not ... Read more
London’s key office markets – the West End, City and Docklands – have returned to significant growth in the first three months of 2010, says Cushman & Wakefield. New data show that companies have been moving quickly to take advantage of ... Read more
A new month, and more things for retailers to worry about. The British Retail Consortium has today called on the government to reappraise the property taxes they have applied to businesses, saying new increases threaten “to harm retailers’ ability to ... Read more
