CB Richard Ellis has joined the chorus of voices saying that the lack of new office space in central London is squeezing prices higher. During Q1 2010 the recovery in prime rents continued, the group says, and take-up for the quarter was the highest ... Read more
European commercial property group Segro this week said it was restarting its development programme in response to specific occupier demand “with a carefully selected number of pre-let developments”, as there was limited new supply coming on ... Read more
Wondering how the government’s Carbon Reduction Commitment (now known as the CRC Energy Efficiency Scheme) will affect you? Looking for a greener property, or thinking about how to improve the carbon footprint of your business? The new CRC scheme, ... Read more
More from RICS today. The institute’s Commercial Property Survey for Q1 2010 says rental expectations for office space to let in central London have risen dramatically, as available space has declined for the second quarter in a row. RICS says ... Read more
Liverpool has 35% of all the current office development underway in the UK, says a report from GVA Grimley. The Liverpool Daily Post reports that around 500,000 sq ft of Grade A or high-quality refurbished office space in Liverpool is under ... Read more
Tesco says it is to restart work on development projects it had previously put on hold. The supermarket giant today reported full-year pre-tax profits up 10% to £3.2bn and said it would spend £1.6bn on capital investment during the next 12 ... Read more
By now, you have probably heard quite enough about the Eyjafjallajökull volcano and the havoc wreaked on European air travel by its attendant ash-cloud, but that hasn’t stopped CB Richard Ellis from providing its thoughts on the matter. “Flexible ... Read more
Colliers CRE says its recent survey of 244 of the world’s major institutional and private investors shows that while much uncertainty still exists, “capital flows are showing signs of coming off the bottom and current investor sentiment indicates we ... Read more
The giant Westfield Stratford City development has appointed CB Richard Ellis and Cushman & Wakefield as joint leasing agents for the 1.1m sq ft of office space to be constructed as part of the scheme. The offices will be in the new commercial ... Read more
Jones Lang LaSalle’s latest research on the Central London commercial property market has concluded that the capital has just seen its strongest quarter since 2001. Neil Prime, head of markets at the group, said: “The total take-up of 3.5m sq ft ... Read more
