Listed property company SEGRO says it has secured no fewer than eight pre-let deals totalling almost 44,000 sq m since announcing its interim results last month. Five of the properties are in the UK – including two on the Slough Trading Estate, and a ... Read more
Cushman & Wakefield has appointed Simon Hartley to its retail asset management team. Simon, who joins from GVA Grimley, will be working on a wide variety of shopping centres. John Prestwich, head of retail asset management UK at Cushman & ... Read more
Stock in the Midlands industrial and distribution market is drying up, according to CB Richard Ellis, after strong take-up rates in Q4 2009 and the first quarter of 2010. Mike Stephens, valuation advisory director at CBRE’s Birmingham office, told ... Read more
CB Richard Ellis has poached Neville Moss from Jones Lang LaSalle to become its new head of retail research for the Europe, Middle East and Africa (EMEA) region. Moss formerly held the same role at JLL. CBRE says he has more than 20 years’ ... Read more
Moorfield and Hines have today confirmed their £200m purchase of eight buildings on the Brindleyplace estate, as rumoured earlier in the week. For more details, see Property Week. ... Read more
While many of the measures announced by Chancellor George Osborne in his Emergency Budget today appear to be broadly in line with expectations, the increase in Capital Gains Tax at midnight tonight to 28% from 18% for higher-rate taxpayers is of key ... Read more
Demand for distribution and logistics space is set to rise sharply thanks to changes in the way we deal with our waste and recycling, with an area the size of 1,500 football pitches needed over the next five years. There is a “huge opportunity” for ... Read more
Leasing activity in the industrial property market has been boosted by a revival in the UK’s industrial output, says CB Richard Ellis. New research from the property consultancy says that the take-up of logistics property in Q1 2010 jumped to 4.5m ... Read more
Two Midlands property companies are to merge, creating a major player in the Birmingham property market. Property consultant Phoenix Beard is to join forces with agency and investment specialist GBR, to become known as GBR Phoenix Beard, with effect ... Read more
It’s Friday, so it must be time for a dose of caution. As the Euro and banking shares take fright at the prospect of the Greek crisis spreading elsewhere, MoneyWeek says it is wary of piling back into commercial property despite what DTZ and Knight ... Read more
