Barratt Developments has bought the former headquarters of the Department for Transport, reports the Times, and plans to turn the office space in Victoria into residential property. The £100m scheme has secured planning permission to turn the Great ... Read more
Savills expects to see an increase in the level of Chinese money into the London property market and elsewhere around the world, following the recent relaxation of regulations by the Chinese Insurance Regulatory Commission. The firm thinks this could ... Read more
CBRE is confident that there is potential for rental growth in the Thames Valley and M25 offices market this year, driven by the rent and terms achieved on new speculative developments. While the firm does not expect any change in the general drivers ... Read more
Three major office deals in Birmingham totalling more than £107m accounted for more than 10% of total regional office transactions outside London last year, says Lambert Smith Hampton’s Adam Ramshaw. The total value of office transactions outside ... Read more
“London is one of the most mature, dynamic office markets in the world, and as such it is in a constant state of flux.” So says Jones Lang LaSalle in a look back at the changing nature of the market for offices in Central London. The stock of ... Read more
Total returns for UK property came in at 0.3% in January, unchanged from December, while annual total returns slowed slightly to 1.7% according to CBRE’s latest Monthly Index. There was a continued slide in capital values, which fell 0.2% in January, ... Read more
Jones Lang LaSalle has been banging the drum for the South West in its market review of the area, predicting a growth rate of 13% this year for the region – which it says is equal to the West Midlands, and is in the top four regions outside ... Read more
Take-up of office space in Newcastle city centre slowed considerably in the final quarter of last year, totalling just 13,332 sq ft compared with 23,363 sq ft a year earlier, says Lambert Smith Hampton. This took the total for the whole of 2012 to ... Read more
Total transactional volumes for UK shopping centres dropped 50% in 2012, says new research from Colliers International, to £2.36bn from £4.71bn the previous year, but the firm predicts that volumes are set to make a “dramatic return” this ... Read more
The IPD says UK commercial property total returns fell to 2.7% in 2012, from 7.8% in 2011, as a result of falling capital values across the regions (down 3.1% overall) – but it points out that UK property remains an attractive investment prospect, ... Read more
