There’s been a bit of gloom skulking about this blog for the past few days, so we thought we’d find some more positive comments for you today, seeing as it’s Friday. First up is property group Shaftesbury, which invests in London’s West End. The ... Read more
Up to one in five shops lies empty across Kent, the Midlands and the North East. This is the downbeat finding of the latest Local Data Company (LDC) report, which shows that vacancies have continued to rise during the past two quarters – although the ... Read more
Miranda Munn, MD and founder of Novaloca.com, will be attending the North West Property Awards on Thursday 11 February at Manchester Central. The awards are preceded by the North West Property Conference. Hope to see you there! ... Read more
Check out last night’s File on 4 broadcast on BBC Radio 4. It’s about how the UK’s banks are burying their heads in the sand when it comes to their commercial property lending. The programme is to be re-broadcast at 5pm on Sunday 14 February. ... Read more
The Ernst & Young Item Club is not feeling particularly cheerful. In its latest report on the commercial property market, the economic forecasting group finds a number of reasons to be gloomy. While UK commercial property prices rose 3% in ... Read more
The recent Central London office market breakfast hosted by Knight Frank brought some cheer, with the commercial property company forecasting that office space in Central London is set to record double-digit rental growth. Knight Frank expects to ... Read more
The latest quarterly report from the Association of Real Estate Funds shows that UK institutional funds are returning to the commercial property market as returns improve. The report says that unlisted pooled property funds raised a total of ... Read more
The largest speculative industrial unit in South Wales, plus 18 acres of development land for sale, has been bought by the Mabey Group of bridging and steel fabrication companies, for £13m. The warehouse/distribution building is within the ... Read more
There has been a sharp improvement in the performance of property trusts listed on the UK stock market, suggesting that the investment community feels more positive towards the sector. UK Commercial Property Trust this week successfully placed ... Read more
Recent figures from the retail sector suggest that there may be some levelling out of the downturn in rents and activity, but the latest report from the BCSC shows that considerable pressure remains in some areas. The BCSC says that its research, ... Read more
