LONDON-Canadian footwear retailer Aldo is to make its first foray into Europe. A pilot store in London's Covent garden is set to be the forerunner for a nationwide expansion programme in the UK.
LONDON-New research from ATIS Real Weatheralls highlights the sudden downturn in the office market across the south-east of England. Take-up has slumped 40% and the vacancy rate is now nudging 10%.
LONDON-The Royal Institution of Chartered Surveyors has responded to criticism of the valuation profession with plans to ensure improved openness and independence among valuers.
LONDON-Central London office vacancy rates rose from 6.1% to 7.8% in the last quarter of 2001--a 28% increase in availability. Much of the space coming to the market is second-hand.
LONDON-The Co-Op has won outline planning consent to redevelop the 1.7-acre Heathmans Yard site in Parsons Green, south-west London with an 84,000-sf office and retail scheme.
LONDON-Central London office vacancy rates rose from 6.1% to 7.8% in the last quarter of 2001--a 28% increase in availability. Much of the space coming to the market is second-hand.
LONDON-New research from Insignia Richard Ellis paints a bleak picture for the central London office markets, with take up falling by 19% and availability rising by 25%. The slump is set to continue.
LONDON-Standard Life Investments has come up with final designs for its highly-sensitive Juxon House development on Ludgate Hill in the City. The building is next to Sir Christopher Wren's historic West Front of St Paul's Cathedral.