Shaftesbury has reported continued good demand and letting activity across its West End property portfolio. In an update for the period from 1 October 2012 to 8 February 2013, the group says available vacant space is at “an exceptionally low level” ... Read more
Land Securities this week reported that it had performed well during the final three months of 2012 – the third quarter of the group’s financial year. In a “difficult” market, the group said interest levels in its London offices and retail portfolios ... Read more
There was a further 0.3% decline in property values in December, says the IPD, taking values at the headline level for the full year to minus 4.2% in what it describes as a “challenging year for the UK commercial property sector”. The retail sector ... Read more
UK commercial property produced a total return at the All Property level of 0.3% in December, following a 0.2% return in November, says CBRE. The firm’s Monthly Index last month showed a continued decline in capital values, which fell 0.2% in ... Read more
The amount of UK shopping centre investment transactions completed during Q4 2012 is estimated at £1.17bn, taking into account projections for the final few days of last year, says Cushman & Wakefield. This would take the full-year total to ... Read more
Colliers International expects the tentative economic recovery to stumble in the first half of this year, and has cut its forecast for total returns in 2013 at the All Property level to 6.7% from 8.8%. While higher employment levels and improved ... Read more
Commercial property in the UK produced a largely flat performance in November, says CBRE, with values at the All Property level falling by 0.2% after a 0.1% decline in October. The firm’s latest Monthly Index shows that capital values across all UK ... Read more
Energy Performance Certificates (EPCs) are not enough by themselves to deliver the government’s targets to de-carbonise the UK’s built environment, says Jones Lang LaSalle in a joint report with the Better Buildings Partnership, a collaboration ... Read more
Scottish property produced its first negative return in three years during the second quarter of this year, but Q3 saw a modest recovery with All Property total returns reaching 0.3%, says CBRE. The firm’s latest research into the Scottish ... Read more
British Land has reported a very slight increase in NAV during the first half of its 2012/2013 financial year, at 596p – up 1p from a year earlier. The group said the value of its portfolio was almost unchanged year-on-year at £10.388bn (£10.337bn) ... Read more
