At Knight Frank’s well-attended M25 breakfast earlier this week, the firm’s head of South East Investment said demand for offices in the South East of England and the M25 region is arguably as strong now as at any time over the past six years. But ... Read more
Service charges account for a significant proportion of total operating costs for most office occupiers – but tenants often overlook them when negotiating a lease. Lambert Smith Hampton points out that tenants tend to focus heavily on rent payable ... Read more
Recent data from the Bank of England shows a growing willingness among lenders to finance commercial property deals. Jones Lang LaSalle notes that the Q1 2013 lending figures from the BoE report that UK bank exposure to real estate remained stable at ... Read more
sbh Page & Read has announced the letting of unit 5B on the Triumph Trading Estate. The 3,025 sq ft industrial unit in Tottenham has been let for a year to STV Building Services at an annual rent of £22,687.56. In Enfield, the firm has also let ... Read more
More evidence of increased activity in UK regional office markets during Q1 2013, this time from Knight Frank, which reports a “notable” rise in take-up and a number of markets exceeding 2012’s quarterly average. Net effective rents rose across the ... Read more
Miranda Munn, founder of NovaLoca.com, has been looking into the question of how levels of enquiries about available commercial property on the NovaLoca.com site vary with property size. Her research, following a recent meeting with Dowley Turner ... Read more
Total occupier take-up of office space across the UK’s ‘Big Six’ regional markets reached a million sq ft in Q1 2013, says Jones Lang LaSalle. This is an increase of 25% compared with a year earlier; although there were regional variations, the total ... Read more
The Scottish Property Federation has welcomed the draft version of two key planning documents for Scotland – the third National Planning Framework (NPF3) and the draft Scottish Planning Policy (SPP). These propose changes to Scotland’s planning ... Read more
Launching its 2013 Money into Property report, DTZ says UK invested stock fell by another 3% last year, to £541bn, taking the total decline since the 2007 peak to 7%. But despite the decline, the firm’s analysis shows “mounting evidence of a recovery ... Read more
Writing in the latest issue of “In Retail”, CBRE’s head of retail agency Tony Devlin says that while retail administrations might be expected to trigger frantic cherry-picking by retailers previously locked out of prime pitches, this is not ... Read more
