In its quarterly review of major UK regional office markets, GVA says the out-of-town market is generally performing better than city-centre markets at the moment, but that this could change as larger deals complete towards the end of 2013. While ... Read more
The latest Drivers Jonas Deloitte UK Cities Crane Survey for 2012 shows that activity levels remain low across all UK property sectors. The survey, which monitors development levels of property in Manchester, Leeds, Birmingham, Glasgow and Edinburgh, ... Read more
Next year is forecast to bring an upturn in UK shopping centre development, says Cushman & Wakefield, with nearly 175,000 sq m of new shopping centre space in the pipeline for 2013. The development pipeline has ground to a halt this year amid ... Read more
Hammerson has exchanged contracts to acquire the Victoria Quarter in Leeds for £136m to complement its plans for the first phase of the Eastgate Quarters scheme. This development is next to the Victoria Quarter, and the company says this purchase ... Read more
In our second look at CBRE’s research into regional office markets, we start with Manchester, where take-up of office space at the end of the first half of this year was 296,000 sq ft, which is 21% below the long-term half-year average, CBRE says. ... Read more
Land Securities today said it was “pleased with progress” as it reported £9.3m of development lettings signed during the three months since the start of April, £5.8m of which were within its London portfolio and £3.5m across its retail properties. A ... 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
Cushman & Wakefield has won the contract to provide property management services to The Crown Estate’s £1.5bn regional portfolio for the next five years. C&W will provide finance and business support as well as property and facilities ... Read more
New research by Cushman & Wakefield into the UK market for shopping centre retail property shows that development has slowed to a crawl, with the total pipeline for this year expected to be just 31,500 sq m. This is the lowest annual total since ... 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
