Investment in the Central London offices market had reached £7.3bn by the end of H1 2012, up 24% year-on-year and driven by overseas investment of £5.1bn, Jones Lang LaSalle notes. In its latest research on the Central London market, the firm says ... Read more
UK property market investment activity increased during the second quarter, despite the worsening economic outlook, notes Lambert Smith Hampton in its latest UK Investment Transactions report. Total Q2 investment reached £7.83bn, which was 14% above ... Read more
Take-up of office space in the Thames Valley and M25 region in the first half of 2012 reached 1.05m sq ft, says CBRE, 37% below the figure for the previous six months but on a par with total take-up in the first half of 2011. Take-up in the second ... Read more
As the Olympics gets under way with the opening ceremony in London tonight, you can check out the various venues that will be used during and after the Games with information from Jones Lang LaSalle’s legacy map. After the Olympic and Paralympic ... Read more
Great Capital Partnership, the joint venture between Great Portland Estates and Capital & Counties, has sold the Jermyn Street estate in SW1 to Great Portland. The price was £60m for the half that Great Portland does not already own, valuing the ... Read more
Knight Frank says occupiers in the technology sector have doubled their take-up of office space in the City of London – the traditional home for London’s financial institutions. The firm has compared data for the first half of 2012 with 1H 2011 and ... 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
The latest RICS Commercial Market survey, for the second quarter of 2012, shows that a growing number of retail landlords have been offering incentives in order to let their premises. Continued economic uncertainty is continuing to take its toll on ... Read more
For an investor, the declining value of an asset due to obsolescence is a key concern. In response to a request from the British Council for Offices’ investor committee, Lambert Smith Hampton and IPD have carried out a study into the issue of office ... Read more
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
