Glenny LLP has established a new regeneration and infrastructure division to provide advice to public-sector and private clients. The firm of chartered surveyors and property consultants will draw on its experience throughout east London to provide a ... Read more
The outlook for the UK commercial property market has become more challenging during the past quarter, says DTZ, with fewer attractive investment opportunities on offer. The firm’s Fair Value Index for the UK has fallen to 33 for the third quarter, ... Read more
While it is important to be aware of national and international trends in the property market, it is also vital to be in constant dialogue with your tenants in order to detect early warning signs of a failing tenant, says Liz Steele, associate ... Read more
Development Securities’ latest ‘Who Owns The City?’ report, its fourth in a series that began in 1998, shows that for the first time foreign ownership of City office property has overtaken the level of UK ownership of offices in the Square Mile. Just ... Read more
The IPD this week noted the cooling in rental values for available office space and retail property in Central London during October, saying that concerns have been increasing in recent months about a “pricing bubble” in the capital. The ongoing ... Read more
DTZ says activity in the market for office space to let in Nottingham was very subdued in the third quarter, with only three city-centre transactions. “Occupiers are still often using lease breaks and expiries to negotiate better terms with existing ... Read more
Derwent London today announced it had cut its vacancy rate to just 0.8% as of 30 September, compared with 4.0% at the end of June and 5.9% at the start of the year. The strength of the market for available office space in Central London has boosted ... Read more
As MAPIC gets under way in Cannes, Cushman & Wakefield says some European retailers faced with negative retail sales at home are increasingly turning to Asia in the search for growth. But while international brands – not just luxury ones – have ... Read more
British Land and Oxford Properties today announced agreement on the pre-letting of 191,000 sq ft to insurance group Aon at their joint development, the Leadenhall Building in the City of London. The letting represents over 30% of the 610,000 sq ft ... Read more
Total returns from UK commercial property across all markets so far this year have reached 7.1%, with capital growth of 2.0%. For October, total returns were 0.6% (as in September) following another strong performance from Central London offices in ... Read more
