After last week's strong results from major UK property companies, which highlighted the forthcoming scarcity of Grade A office space in London, Jones Lang LaSalle is pointing at the potential of refurbished and improved Grade B stock, given the ... Read more
The extent of the bad debts among loans made by UK banks to the commercial property sector is only just being recognised, says new research published today in Property Week. The report shows why banks are only considering the very safest loan ... Read more
Yesterday the Cheesegrater, today the Walkie Talkie. Land Securities is dusting off plans to develop its unusually-shaped tower at 20 Fenchurch St in the City of London, joining the list of key sites that look set to be restarted as demand rises for ... Read more
The rapid bounce-back in commercial property pricing at the end of last year has run its course, giving way to “more sedate” growth in recent months, says the IPD in its latest UK Monthly Index report. The 0.8% rise in capital values recorded for ... Read more
British Land pleased investors this morning with stronger than expected results for the year to March 31. It said NAV had risen 27% to 504p and its portfolio valuation had grown 13.5% over the year. The group is considering restarting work on its ... Read more
It is not clear where the drivers of office space take-up will come from in the UK’s regional office markets this year, says Jones Lang LaSalle. Insurance, recruitment and media companies have been the most active sectors in the regional office ... Read more
It’s Friday, so it must be time for a dose of caution. As the Euro and banking shares take fright at the prospect of the Greek crisis spreading elsewhere, MoneyWeek says it is wary of piling back into commercial property despite what DTZ and Knight ... Read more
The UK has recently dominated the investment market in the industrial sector, and CB Richard Ellis clearly sees this as a key service area – it has completed its takeover of industrial property advisory specialists M3. M3, which was founded in ... Read more
DTZ says the worst of the commercial property slump is over and expects to see a return to growth in invested stock value this year, up 5% globally and up 8% for the UK as capital values continue to recover. The group’s global Money into Property ... Read more
