The Midlands remains oversupplied with secondary and tertiary office property, says Lambert Smith Hampton. In its recent National Office Market Report, the firm points out that prime office space remains limited across the region as demand outstrips ... Read more
Lambert Smith Hampton has identified key locations in the UK where it says developers of office space should start building now, in order to benefit from shortages of stock ‘when the upturn in demand returns in 2014’. The firm says there is only 1m ... Read more
Glenny LLP has established a new regeneration and infrastructure division to provide advice to public-sector and private clients. The firm of chartered surveyors and property consultants will draw on its experience throughout east London to provide a ... Read more
The outlook for the UK commercial property market has become more challenging during the past quarter, says DTZ, with fewer attractive investment opportunities on offer. The firm’s Fair Value Index for the UK has fallen to 33 for the third quarter, ... Read more
Tuckerman has recently let the sixth floor of Westminster Tower on the Albert Embankment in London SE1 to SPARKS on behalf of CLSH Management. The lease of the 3,118 sq ft property is at a rent of £26 per sq ft. For additional properties available to ... Read more
Tuckerman has let the ground floor office suite of 1,652 sq ft at 36-38 Botolph Lane in London EC4 to Catch 22 on a five-year lease with a three-year break for £21 per sq ft. Tuckerman acted on behalf of Parkwell Management Consultants Limited and ... Read more
SBH Page & Read has let 82 London Industrial Park on Roding Road in Beckton, London E6. The 5,626 sq ft property has been let on a five-year lease to Marl Tech Limited at a headline rent of £45,300, or £8.05 per sq ft. NovaLoca has full ... Read more
Take-up of office space in UK regional markets this year appears likely to reach similar levels to 2010, says Jones Lang LaSalle. Its survey of the markets for available office space in Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, ... Read more
DTZ’s Property Times updates for the third quarter examine several key regional UK cities, including Birmingham where the firm concludes that large corporate occupiers in the city are not rushing to make decisions. Sentiment is fragile and most ... Read more
CBRE has issued updates on several key regional office markets. It says take-up of city-centre offices in Birmingham reached 169,183 sq ft in Q3, which was 7% more than in Q2 but down 27% from Q3 2010. The total of available office space has declined ... Read more
