Regeneration specialist St Modwen Properties today reported that its ongoing commercial property projects had continued to progress well. Schemes where contracts have been signed and construction is under way include an 85,000 sq ft retail property ... Read more
New research by Cushman & Wakefield into the UK market for shopping centre retail property shows that development has slowed to a crawl, with the total pipeline for this year expected to be just 31,500 sq m. This is the lowest annual total since ... Read more
Which parts of London will change the most over the next decade, and what will influence that change? New research from GVA and Centre for Cities has sought to answer these questions, considering the public policy drivers of property market change ... Read more
Sir John Ritblat has resigned as a director of Colliers International UK following its sale via a pre-pack administration to Canadian group FirstService Corporation earlier this week. The business was finally acquired for US$22m (£13.8m) on 28 March, ... Read more
The final version of the National Planning Policy Framework was unveiled on Tuesday and the UK commercial property industry has been quick to respond. Savills says this version is the same in most respects as the one announced last year, which ... Read more
The Scottish government yesterday published the Unoccupied Properties Bill, which proposes to cut the empty property rate relief on some types of empty commercial property in Scotland to 10% from 50%. The move is intended to encourage property owners ... Read more
Knight Frank says the latest IPD All Property Capital Growth Index, which has again declined, suggests that the long-anticipated double-dip for capital values in commercial property has finally arrived, but that it is following a shallow trajectory. ... Read more
Great Portland Estates has agreed a pre-let on the whole of 33 Margaret Street in London’s West End to Savills. This follows a pre-let agreement in December 2011 for most of the office space in the building. Savills has now pre-let all the ... Read more
Bowyer Bryce has let 868 sq ft of ground- and first-floor office space in Edmonton, London N9, on a 16-year lease at a rent of £10,500 per year. The property, which forms part of a retail parade on Hertford Road, has air conditioning, WC and kitchen ... Read more
Activity in the market for office space for sale and to let in Central London has been held back so far this year by the ‘wait-and-see’ attitude among occupiers, says Jones Lang LaSalle. But the firm expects deal momentum to pick up in the second ... Read more
