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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

Double-dip possible, says Fitch

February 19, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Some economic news for you to digest this Friday: Global ratings agency Fitch Ratings today says in a report on the UK commercial property sector that a “double dip” in capital values for UK commercial property is possible, as rents are still falling ... Read more


Stuff we love for free, part 1

February 19, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers

Are you an occupier? Do you want to use the latest technological developments and ideas to help you in your business? Here at Novaloca we are always on the lookout for helpful stuff, and we especially love it if we can tell you about it at no cost to ... Read more


£175m West End office deal completes

February 18, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The largest office sale in the West End of London since 2007 completed this week, with the purchase for about £175m of Art Deco building Victoria House on Bloomsbury Square by Lebanese Group M1 Real Estate from Ireland-based commercial property ... Read more


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