The gap between primary and secondary office property to let is set to widen this year, says Jones Lang LaSalle. The firm’s Q1 research into the UK office market highlights the continued rationalisation of portfolios by large occupiers and says that ... Read more
Bowyer Bryce has agreed the sale of 241 High Street in Waltham Cross for £249,995. The freehold property comprises ground and first-floor office space totalling 1,032 sq ft in a retail parade a short distance from the Pavilion Shopping Centre and ... Read more
GVA’s latest quarterly review of the nine largest UK regional office occupier markets has found that prospects have brightened considerably since the end of 2011. The firm says take-up was average during Q1 2012 at 1,611,000 sq ft, 2% above the ... Read more
Bowyer Bryce has let 412 sq ft of office space in Barnet at the Wrotham Business Park. The three-year lease of Unit 10 to Aappro is at an annual rent of £8,652. The unit forms part of the offices located within converted farm buildings on the ... Read more
Regeneration specialist St Modwen Properties today reported that its ongoing commercial property projects had continued to progress well. Schemes where contracts have been signed and construction is under way include an 85,000 sq ft retail property ... Read more
Bowyer Bryce has let 868 sq ft of ground- and first-floor office space in Edmonton, London N9, on a 16-year lease at a rent of £10,500 per year. The property, which forms part of a retail parade on Hertford Road, has air conditioning, WC and kitchen ... Read more
Despite a recent improvement in corporate sentiment, according to European Commission data, corporate occupiers of office space in the UK remain cautious and activity levels are still subdued, says Jones Lang LaSalle. But occupiers should be ready to ... Read more
Bowyer Bryce has let Unit 26 on the Great Cambridge Industrial Estate in Enfield to Medlock Electrical Distributors at a rent of £35,120 per year subject to an outstanding rent review from March 2010. The single-storey industrial unit comprises 3,353 ... Read more
Relative investment prospects for commercial property in the UK improved during the final quarter of 2011, says DTZ, whose Fair Value Index score for the UK rose to 53 for Q4 2011 from 33 for the previous quarter. The firm has revised upwards its ... Read more
It will be a year of refurbishment rather than new development for regional UK markets for office space, says Jones Lang LaSalle. The firm says that just six offices schemes started speculatively last year across the six regional office markets it ... Read more
