There was a slight improvement overall in UK commercial property performance last month, says CBRE, whose Monthly Index shows a 0.5% fall in values during June after a 0.6% decline in May. This has helped to flatten the overall total return figure in ... Read more
Lambert Smith Hampton says that the stable levels of offices take-up in the Thames Valley region during 2010 and 2011 may be surprising to some, given the negative macroeconomic environment. But they reflect the main driver of demand – occupier lease ... Read more
RICS has launched a new small business retail lease in an attempt to “inject fresh life into the British high street”. The lease, unveiled on 4 July to coincide with “Independents’ Day”, a celebration of independent retailing in the UK, has been ... Read more
Buyers of commercial property for sale in the City of London in recent months have generally been focused on value-added investments, says Savills. The firm has noted a sharp increase in turnover during May, with total completions of £1.36bn in City ... Read more
Central London retail property will continue to outperform the rest of the UK this year, says Savills. An Olympics-related bounce in spending is possible in the capital, but the outlook for the rest of the year remains mixed – nevertheless, “Central ... Read more
Ahead of the inauguration on Thursday of The Shard, speculation is building as to the identity of the first tenant of the available office space in this, the newest and tallest building in London. The Telegraph has quoted Irvine Sellar, chairman of ... Read more
Jones Lang LaSalle has revised down its forecasts for UK property for 2012, with All Property returns now at 2.0% compared with a historic average of 9.0%, as a sluggish economic recovery continues to take its toll on UK commercial property ... Read more
There are attractive opportunities for investment in UK commercial property thanks to rising yields, says DTZ in its latest Fair Value Index report. The index reading for Q1 2012 rose to 65 from 53 in the previous quarter, indicating that the market ... Read more
Jones Lang LaSalle’s recent research into the market for industrial units of below 100,000 sq ft shows that occupier demand remains fragile. Take-up of all industrial and logistics property fell 24% in Q1 2012 to 17.7m sq ft compared with the ... Read more
The market for out-of-town retail property is still showing some resilience, with rental growth visible in some prime retail parks, despite a drop in overall leasing levels from the 2007 peak, says Cushman & Wakefield. The firm’s latest ... Read more
