National Grid is close to getting the go-ahead for a 1m sq ft business park in Greater Manchester on the site of an old gas production and storage facility, according to press reports. Development looks likely to take place in stages over several ... Read more
JLL is celebrating the 21st year of its Southampton office with the publication of its South Coast Metropole 2010 report, a large tome including details of all key transactions in the region during the past year and the group’s thoughts on the ... Read more
Property development group Hammerson has agreed the £65m purchase of the long leasehold interest in Leadenhall Court, a City of London office building, from Ernst & Young, the receivers handling the White Tower CMBS portfolio. Leadenhall Court ... Read more
JLL says that thanks to the difficulties in obtaining debt finance over the past two years, the speculative development pipeline for City of London offices will deliver only modest volumes of office space by 2015, at a time when a potential 8m sq ft ... Read more
Capital growth slowed further in May, says CB Richard Ellis. The group’s UK monthly index for May showed a total return of 1.2% and capital growth of 0.7%. “Investor demand has weakened in recent months as a result of growing nervousness over the ... Read more
King Sturge says “the new decade has started with a glimmer of hope” as it examines the Thames Valley offices market in the first quarter of 2010. After a disappointing end to 2009, the market for office space in the region has made a steady start ... Read more
The design of office space for sale and to let should reflect the increasing demand for flexible working, says the British Council for Offices. The BCO’s annual conference, held last week in London, included a panel entitled “How we work and why we ... Read more
The recovery in the commercial property market in Scotland lost a little pace during Q1 2010, although total returns were still strong at 5.5%, with capital growth of 3.8%, says CB Richard Ellis. The market is readjusting following unusually strong ... Read more
Two Midlands property companies are to merge, creating a major player in the Birmingham property market. Property consultant Phoenix Beard is to join forces with agency and investment specialist GBR, to become known as GBR Phoenix Beard, with effect ... Read more
After last week's strong results from major UK property companies, which highlighted the forthcoming scarcity of Grade A office space in London, Jones Lang LaSalle is pointing at the potential of refurbished and improved Grade B stock, given the ... Read more
