The Kensington Roof Gardens had more than a hint of Australia about it on Monday night as the IAS BBQ 2013 went Down Under for a night of food, drink and networking. Never ones to miss out on a bit of socialising, NovaLoca sent a small army to West ... Read more
Recent data from the Bank of England shows a growing willingness among lenders to finance commercial property deals. Jones Lang LaSalle notes that the Q1 2013 lending figures from the BoE report that UK bank exposure to real estate remained stable at ... Read more
sbh Page & Read has announced the letting of unit 5B on the Triumph Trading Estate. The 3,025 sq ft industrial unit in Tottenham has been let for a year to STV Building Services at an annual rent of £22,687.56. In Enfield, the firm has also let ... Read more
More evidence of increased activity in UK regional office markets during Q1 2013, this time from Knight Frank, which reports a “notable” rise in take-up and a number of markets exceeding 2012’s quarterly average. Net effective rents rose across the ... Read more
Total occupier take-up of office space across the UK’s ‘Big Six’ regional markets reached a million sq ft in Q1 2013, says Jones Lang LaSalle. This is an increase of 25% compared with a year earlier; although there were regional variations, the total ... Read more
Analysis of 32 regional UK property markets by Lambert Smith Hampton has found that 27% of total regional available office property (11.7m sq ft) is obsolete and that of this total, 7.4m sq ft is suitable for conversion. “This obsolete space is ... Read more
Take-up of office space on business parks in the UK reached 1.9m sq ft during the second half of 2012, says GVA, which is in line with the six-monthly average but down from the 2.5m sq ft recorded for H1 2012. The strongest activity was in the South ... Read more
sbh Page & Read has let a 8,345 sq ft industrial unit in Enfield, on the Trafalgar Trading Estate, to CJB Motor Services on a ten-year lease at an annual rent of £69,500. It has also agreed the lease on a 6,670 sq ft industrial unit in Tottenham, ... Read more
Ryden and Cargill Property Consultants have announced two deals at Academy Office Park in Glasgow, for client Camlin. Includem has taken the 4,866 sq ft Building 6 at the park on a five-year lease at a rent of £32,500 per year. Meanwhile the 1,220 ... Read more
Ryden and Knight Frank have negotiated the sale of a 11,700 sq ft new-build industrial unit in Aberdeen, at Stockland Muir’s £100m Aberdeen Gateway business park development Oilfield services firm Coretrax has acquired the property, which includes ... Read more
