A report released this week has stated that solar panels have the potential to increase the value of commercial property. A study by JLL has revealed that solar power adds value to commercial property and that demand is growing for these types of ... Read more
There was a collective sigh of relief within the commercial property market last week as Scotland voted no to independence. In the uncertainty leading up to the vote, many commercial property deals involving those north and south of the border had ... Read more
In their annual Commercial Consturction Index, JLL and Glenigan have revealed that the economic recovery in the UK is well underway, but there is also expected to be an upcoming shortage of commercial property. In the 12 months up to June 2014, ... Read more
The arrival of HS2’s headquarters in Birmingham is set to spark office development in the city. Experts are predicting that HS2 will initially cause a shortage of top grade office space, followed by a host new developments geared at meeting the ... Read more
The annual cost of a typical air-conditioned UK office is £3 per sq ft in energy use, but this can vary considerably depending on how well a building is managed, says Jones Lang LaSalle. The Real Estate Environmental Benchmark recently launched by ... Read more
Recent data from the Bank of England shows a growing willingness among lenders to finance commercial property deals. Jones Lang LaSalle notes that the Q1 2013 lending figures from the BoE report that UK bank exposure to real estate remained stable at ... Read more
Jones Lang LaSalle in the final quarter of 2012 fell to 1.0% as a result of the continued decline in capital values and weaker income growth. In its Property Index update for the quarter, the firm notes that results varied across sectors, with office ... Read more
The latest Bank of England quarterly lending figures have highlighted a further decline in UK bank exposure to the property sector, to 8.3% of all debt in Q4 2012, notes Jones Lang LaSalle. Jeremy Handley, director of valuation advisory at Jones ... Read more
Every property sector is showing polarisation between London and the regions, says Jones Lang LaSalle in its predictions for 2013. The divide is “vast” in the office, retail and residential markets, the firm says, both in terms of occupier demand and ... Read more
2013 will be the year of the asset manager, said Richard Batten, UK executive chairman of Jones Lang LaSalle, ahead of the IPD annual conference last week. Occupiers are continually seeking to improve productivity and being more efficient in how they ... Read more
