Central London office take-up rises, but uncertain occupiers withdraw from deals – CBRE

Take-up of office space in Central London fell 30% compared with December, to 839,400 sq ft, after a relatively strong end to 2011, says CBRE. But this figure was 38% more than in January 2011, the firm notes. While take-up of Docklands offices ... Read more

Prime City and West End properties still in demand – Savills

Savills has noted sustained “and possibly increasing” demand for Grade A City of London commercial property from overseas investors, particularly from Asia. It expects this to maintain prime yields for such properties at 5.25% and says they could be ... Read more

Energy legislation to affect value of up to 40% of UK commercial property – DTZ

DTZ says more than 40% of UK commercial property could fail the new government energy standards encompassed in the Energy Act, which passed through Parliament last year. The new standards could have a significant impact on the value of these ... Read more

SEGRO sells non-core industrial portfolio; Anglesea Capital creates ‘supershed’

Segro has sold a portfolio of UK industrial assets to two property funds managed by Ignis Asset Management for £80.2m. Segro says this is part of its new strategy to focus its industrial portfolio on London and the South East. The five non-core UK ... Read more