The government last week unexpectedly announced that it would postpone the revaluation of business rates in England until 2017. The British Property Federation has condemned the move, saying it is a further blow to the country’s struggling high ... Read more
Segro today reported more progress despite a “challenging” macroeconomic backdrop. In a statement to the London Stock Exchange Segro said it had generated new annualised rental income of £5.5m from the take-up of developments completed during the ... Read more
In its quarterly review of major UK regional office markets, GVA says the out-of-town market is generally performing better than city-centre markets at the moment, but that this could change as larger deals complete towards the end of 2013. While ... Read more
Media and technology companies continued to dominate take-up of office space in London during the third quarter of 2012, says Cushman & Wakefield, accounting for almost 534,000 sq ft of the total 1.8m sq ft occupied during the quarter. This is ... Read more
Developers and investors have good reason to focus on the market for industrial property in West London and industrial units in the Thames Valley, says Jones Lang LaSalle in new research. This market is widely perceived to be leading a fragile ... Read more
The Docklands office of sbh Page & Read has let a 12,550 sq ft industrial property in Barking to Kailo Fashions on a five-year lease. The annual rent on Units 1 & 2 at 75 River Road is £67,000. The firm has also let the office space at Unit ... Read more
Total property returns reached 1.3% in Q3 2012, according to the Jones Lang LaSalle property index, compared with 0.4% for Q2. Although this was the biggest quarterly increase since Q4 2011, annual returns for 2012 so far are still significantly ... Read more
Commercial property development activity in the UK rose in September, for the first time in five months, reports Savills. The firm’s Total Commercial Development Activity Index reading for September came in at +9.9%, compared with -14.8% for ... Read more
Knight Frank says the market for office space in the Thames Valley has continued to outperform the wider South East office market, with take-up of M4 corridor office space at 649,788 sq ft during the third quarter, up 44% from the previous quarter ... Read more
For the third month in a row, UK commercial property total returns were 0.2% in September, according to the latest Monthly Index from CBRE. The firm says the overall total returns figure was again boosted by Central London office property, which ... Read more
