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Shop vacancies on the rise

March 9, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Retail space

FSA chairman calls for property loan restrictions

March 5, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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


Growth speeds up in February

March 4, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Office Space, Retail space

Tenants’ market?

March 3, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Office Space

Brighter times ahead for retail property

March 3, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Retail space

Short-term pricing worries

March 2, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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


Northern Ireland property quiet but stable

March 1, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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


We’re past the worst, says Minerva

February 23, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Minerva, Office Space

Retail rents to stabilise

February 23, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

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

This entry was tagged: Commercial property, Retail space

Pause for office occupiers

February 22, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

The latest survey of occupier trends published by King Sturge last week shows that demand for office space in the UK fell by 21% in the second half of 2009. There were sharp differences between sectors, with the financial services sector taking up ... Read more

This entry was tagged: Commercial property, Office Space

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