The third quarter of 2010 was the quietest so far this year for West End office property, says GVA Grimley. The firm’s latest research into the occupier market for office space in central London says a total of 707,340 sq ft was let in the West End ... Read more
New research from Cushman & Wakefield has concluded that shopping centre development is to remain subdued this year. The Times reports that C&W says the amount of new space in shopping centres is likely to slide about 40% below the annual ... Read more
The UK property market was resilient during September, says CBRE, with the firm’s Monthly Index showing capital growth of 0.3% and a total return for all property of 0.8%. By sector, offices were the strongest performing area, with capital growth ... Read more
The market for office space to let in the City of London has developed two clear tiers, says James Gillett at NB Real Estate. Occupiers are fighting over the best available space and taking advantage of the incentives available to upgrade to Grade A ... Read more
Savills has been appointed to sell the Halton Lea shopping centre in Runcorn, almost a year since the mall went into receivership after its owners got into difficulties over the mortgage on the retail property. The guide price is £27.8m. Morgan ... Read more
Although take-up of office space in Manchester slowed during the first half of this year, demand remains healthy and steady absorption of Grade A space in the city looks set to continue, says Colliers CRE in new research. The firm points out that ... Read more
Activity among corporate occupiers in the M25 office market is rising, according to Savills. The firm’s latest research into the market for office space to let in the M25 area shows that corporates are increasingly seeking to take advantage of the ... Read more
David Hutchings, partner in Cushman & Wakefield’s European Research team, notes that retail property markets are starting to look more interesting, and in some cases, more active as well. The group’s recent global research into retail rental ... Read more
Colliers CRE expects headline rents over the next three years for office space in central Birmingham to rise significantly, reaching £31.00 per sq ft by 2013. In its latest update on the market for office property in the centre of Birmingham, the ... Read more
West Midlands commercial property expert David Penn is warning that a lack of building stock is posing a threat to recovery in the industry. Penn, managing director of Shortland Horne Commercial, told the Birmingham Post that there was a shortage of ... Read more
