Yields on retail warehouse property have been softening in a reflection of concerns about certain covenants and potential over-renting, says Knight Frank, but there is strong investment interest in good-quality leisure property, to the point where ... Read more
Cushman & Wakefield’s latest research, unveiled at MAPIC this week, shows that luxury retail property has been a pocket of growth in a largely subdued sector. Rental growth for space in top luxury shopping streets in Europe is up 4.5% in the year ... Read more
Total returns from UK commercial property improved last month, reaching a ‘modest’ 0.4% according to the latest CBRE Monthly Index after September’s 0.2% return. Capital values at the All Property level also improved as the decline slowed down to ... Read more
Concerns about the UK economy and the eurozone crisis have continued to affect UK shopping centre development activity, and the availability of debt funding for such schemes. Knight Frank, in its latest research into the sector, says development ... Read more
The Olympics delivered a one-off boost to the UK’s GDP in the third quarter this year, but the IPD says the recovery for the commercial property sector will be more of a marathon than a sprint. Phil Tily, IPD UK and Ireland managing director, says: ... Read more
Savills says this Christmas could be stronger for retailers than many have expected, and notes that a number of retailers have been quietly predicting the same thing. But the big challenge for retail landlords over the next few years remains the fact ... Read more
Total property returns reached 1.3% in Q3 2012, according to the Jones Lang LaSalle property index, compared with 0.4% for Q2. Although this was the biggest quarterly increase since Q4 2011, annual returns for 2012 so far are still significantly ... Read more
For the third month in a row, UK commercial property total returns were 0.2% in September, according to the latest Monthly Index from CBRE. The firm says the overall total returns figure was again boosted by Central London office property, which ... Read more
While the stock of retail warehouse properties openly available on the UK market is limited, DTZ says it is aware of £154m of stock “currently available quietly on the grey market” at the moment and at least £200m more of stock is expected to hit the ... Read more
British Land and Norges Bank Investment Management (NBIM) have signed a new joint venture agreement for the Meadowhall shopping centre, after London & Stamford sold its 50% stake in the Sheffield retail property to the Norwegian investment ... Read more
