Writing in today’s Liverpool Daily Post, Stephen Robertson, director-general of the British Retail Consortium, issues a plea for better care of our High Streets. He points out that while 12% of retail space for sale or to let is vacant across the UK, ... Read more
Cushman & Wakefield’s January Business Briefing on the UK property investment market reports a drop of just 7bp in prime UK yields during January – this is the smallest monthly decline since May 2009. The briefing says that while last autumn’s ... Read more
Miranda Munn, MD and founder of Novaloca.com, enjoyed a great evening at the North West Property Awards last week. Here’s her account of the event: “A great evening was enjoyed at the North West Property Awards at Manchester Central. I shared a ... Read more
There’s been a bit of gloom skulking about this blog for the past few days, so we thought we’d find some more positive comments for you today, seeing as it’s Friday. First up is property group Shaftesbury, which invests in London’s West End. The ... Read more
Up to one in five shops lies empty across Kent, the Midlands and the North East. This is the downbeat finding of the latest Local Data Company (LDC) report, which shows that vacancies have continued to rise during the past two quarters – although the ... Read more
Check out last night’s File on 4 broadcast on BBC Radio 4. It’s about how the UK’s banks are burying their heads in the sand when it comes to their commercial property lending. The programme is to be re-broadcast at 5pm on Sunday 14 February. ... Read more
The Ernst & Young Item Club is not feeling particularly cheerful. In its latest report on the commercial property market, the economic forecasting group finds a number of reasons to be gloomy. While UK commercial property prices rose 3% in ... Read more
The recent Central London office market breakfast hosted by Knight Frank brought some cheer, with the commercial property company forecasting that office space in Central London is set to record double-digit rental growth. Knight Frank expects to ... Read more
The latest quarterly report from the Association of Real Estate Funds shows that UK institutional funds are returning to the commercial property market as returns improve. The report says that unlisted pooled property funds raised a total of ... Read more
The largest speculative industrial unit in South Wales, plus 18 acres of development land for sale, has been bought by the Mabey Group of bridging and steel fabrication companies, for £13m. The warehouse/distribution building is within the ... Read more
