Segro last week announced the sale of six industrial estates in London for £38.2m to the Industrial Property Investment Fund, managed by Legal & General Property. The six freehold estates have a total lettable space of 43,114 sq metres. The ... Read more
There has been a steady stream of secondhand office space coming onto the Bristol market, but the volume of Grade A office space has continued to diminish. So says Jones Lang LaSalle, which says that occupiers in Bristol are becoming increasingly ... Read more
Vacancy levels for Grade A office space in Glasgow are falling as new supply remains scarce, says Colliers International. Take-up of Grade A office space in Glasgow during H1 2011 was the lowest since H1 2009, but availability of top-quality office ... Read more
The supply of Grade A office space in the Western Corridor has fallen to its lowest since 2008, says Jones Lang LaSalle. The firm’s latest research says there is a “compelling case for speculative development” in several key town centres in this ... Read more
Development activity for shopping centres in the UK is subdued, and is expected to remain so for the foreseeable future, says Cushman & Wakefield. In its latest research into the sector, C&W notes that shopping centre provision increased by ... Read more
Despite the cautious market environment, CBRE says UK funds are still keen to invest in the South East office sector and are expected to bid aggressively for good-quality properties during the final quarter of 2011. The firm says it has seen more ... Read more
It’s important to look beyond the headline figures when considering retail vacancy data, says Jones Lang LaSalle. While there is a tendency for occupier churn to be reported as vacancy, JLL points out in its new Retail Spotlight report that it can ... Read more
The BCSC, now holding the final day of its exhibition and conference in Manchester, says more than one in 10 UK shops could remain vacant in the long term. In its report, ‘Empty Shops - What does the future hold for town centres?’ the BCSC says this ... Read more
British Land has agreed to pre-let 145,000 sq ft of office space at its Regent’s Place development in NW1. In a statement to the London Stock Exchange this morning the company said the pre-let to Debenhams was at 10 Brock Street, a new office ... Read more
Activity in the market for Central London office space to let rebounded in August, with nearly 1.0m sq ft of space taken up, according to new research from CBRE. There were ten deals during the month of more than 20,000 sq ft each and a ... Read more
