The rate of expansion by commercial developers in February was the fastest seen since May 2007, according to a survey by Savills. The report says that commercial developers signalled an overall increase in development activity during February, partly ... Read more
Cushman & Wakefield reports that more than 10% of UK shops are now available to let or vacant, with sharp differences between regions. As of February 1, the company’s Retail Availability survey shows 10.7% vacancies overall, up 0.4 percentage ... Read more
Lord Adair Turner, chairman of the Financial Services Authority, this week told a parliamentary committee that a crackdown on commercial property lending is needed. He said that more work needed to be done to increase loan rates or tighten borrowing ... Read more
After a slower than expected start to 2010, the CB Richard Ellis Monthly Index for commercial property showed an acceleration in capital growth for February. Capital values rose by 1.4% last month, producing total returns for All Property of ... Read more
UK regional office take-up fell 20% in 2009 compared with the previous year, according to DTZ Research. The latest market update for nine UK cities, reported by the Western Mail, shows that take-up fell on aggregate across all nine key regional ... Read more
At the BCSC Shopping Centre Management Conference being held this week, speakers have referred to a range of reasons for caution about the short-term outlook for retail property in the UK. However, they have also stated their belief that brighter ... Read more
A UK commercial property investment fund has sounded a note of caution about pricing in the short term. Investment Week says that Ignis issued a briefing note to investors in its £510m UK Property Fund last week, advising that there is potential for ... Read more
CB Richard Ellis says prime yields in the Northern Ireland commercial property market remain stable, although transactions are currently limited to very small lot sizes in towns in the region. In its bi-monthly review of the Irish commercial ... Read more
Oliver Whitehead, chairman of property investment and development group Minerva, says that there is “real and growing evidence to show that we have now passed the cyclical low in the commercial property market.” Whitehead was speaking as Minerva ... Read more
The latest research from Cushman & Wakefield suggests that while average retail property rents continued to fall in 2009, the pace of decline is slowing and some stabilisation can be expected this year. In the final quarter of last year rents ... Read more
