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We’re past the worst, says Minerva

February 23, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Oliver Whitehead, chairman of property investment and development group Minerva, says that there is “real and growing evidence to show that we have now passed the cyclical low in the commercial property market.” Whitehead was speaking as Minerva ... Read more

This entry was tagged: Commercial property, Minerva, Office Space

Retail rents to stabilise

February 23, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

The latest research from Cushman & Wakefield suggests that while average retail property rents continued to fall in 2009, the pace of decline is slowing and some stabilisation can be expected this year. In the final quarter of last year rents ... Read more

This entry was tagged: Commercial property, Retail space

Pause for office occupiers

February 22, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers

The latest survey of occupier trends published by King Sturge last week shows that demand for office space in the UK fell by 21% in the second half of 2009. There were sharp differences between sectors, with the financial services sector taking up ... Read more

This entry was tagged: Commercial property, Office Space

Double-dip possible, says Fitch

February 19, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Some economic news for you to digest this Friday: Global ratings agency Fitch Ratings today says in a report on the UK commercial property sector that a “double dip” in capital values for UK commercial property is possible, as rents are still falling ... Read more


Stuff we love for free, part 1

February 19, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers

Are you an occupier? Do you want to use the latest technological developments and ideas to help you in your business? Here at Novaloca we are always on the lookout for helpful stuff, and we especially love it if we can tell you about it at no cost to ... Read more


£175m West End office deal completes

February 18, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

The largest office sale in the West End of London since 2007 completed this week, with the purchase for about £175m of Art Deco building Victoria House on Bloomsbury Square by Lebanese Group M1 Real Estate from Ireland-based commercial property ... Read more


Retail in the news

February 17, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Writing in today’s Liverpool Daily Post, Stephen Robertson, director-general of the British Retail Consortium, issues a plea for better care of our High Streets. He points out that while 12% of retail space for sale or to let is vacant across the UK, ... Read more

This entry was tagged: Commercial property, Retail space

Yields are stabilising, but recovery some way off

February 16, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Cushman & Wakefield’s January Business Briefing on the UK property investment market reports a drop of just 7bp in prime UK yields during January – this is the smallest monthly decline since May 2009. The briefing says that while last autumn’s ... Read more


North West Property Awards 2010

February 15, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News, NovaLoca News

Miranda Munn, MD and founder of Novaloca.com, enjoyed a great evening at the North West Property Awards last week. Here’s her account of the event: “A great evening was enjoyed at the North West Property Awards at Manchester Central. I shared a ... Read more


The best of both worlds

February 15, 2010 by Venetia Cutlerposted in: Help for Agents using NovaLoca, Industry News, NovaLoca News

Now you really can have your cake and eat it – would you like to know who has browsed your properties, without asking them to register? We have always had the policy that our site should be fully open for occupiers to browse the listings of ... Read more


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