DTZ’s second-quarter reports on the market for office space in the UK regions show that occupier sentiment clearly took a turn for the worse in many cases, and tenants were hesitating to commit to deals. While 2009 probably marked the lowest point ... Read more
Cushman & Wakefield has appointed Simon Hartley to its retail asset management team. Simon, who joins from GVA Grimley, will be working on a wide variety of shopping centres. John Prestwich, head of retail asset management UK at Cushman & ... Read more
Miller Birch Developments has agreed a deal with E.on for a new 105,000 sq ft office building in Nottingham – a transaction viewed by many as the key deal of the year in the market for office space in the city. JLL says its Nottingham office, ... Read more
It’s Friday! Time for a bit of gloom. Today brought to you by RICS, which says demand from tenants for commercial property fell in the second quarter – the first decline in a year. This has of course boosted the rumblings of concern that the recovery ... Read more
Great Portland Estates chief executive Toby Courtauld describes the current sentiment in the London commercial property market as a “less urgent mood” and says he expects this to persist for the rest of the year. In an update on trading issued to ... Read more
Jones Lang LaSalle says rents for office space in the West End of London have risen for the first time in three years, driven by several deals amid limited availability. Prime office rents in this area of London were up 13% in the second quarter to ... Read more
As predicted in the national press, Land Securities today confirmed that work is start on the Trinity Leeds development – the first major shopping centre project in the UK since the start of the economic downturn. In a statement to the London ... Read more
CB Richard Ellis says its prime rent and yield monitor for the second quarter shows how in general the UK commercial property markets appear to be recovering more steadily in the south of the country, while northern regions are still showing signs of ... Read more
The overall volume of available industrial space in the UK market fell during the second quarter of 2010, as Grade A take-up remained strong and less Grade B and Grade C stock returned to the market, says DTZ in its quarterly review of the ... Read more
Stuff we like for free – the British Retail Consortium has today launched a free booklet to help retail occupiers to cut costs by engaging actively with their landlords. The Property Management Checklist outlines simple steps that the BRC says ... Read more
