LONDON-Industrial vacancies are beginning to rise again as the economy slows. The latest industrial floorspace survey from King Sturge shows vacancies up 10.3% year-on-year, with 157 million sf now available across Great Britain.
LONDON-The shopping centre investment market has recovered after a slump in activity during the second half of 2000. CB Hillier Parker calculates that 27 malls changed hands in the first half of 2001, in line with the long-term average.
LONDON-Westminster City Council has given Land Securities planning permission for the 580,000-sf second phase of its Stag Place scheme close to Victoria Station.
LONDON-The shopping centre investment market has recovered after a slump in activity during the second half of 2000. CB Hillier Parker calculates that 27 malls changed hands in the first half of 2001, in line with the long-term average.
LONDON-Out-of-town retail investment is set to increase in the second half of 2001, according to new research from FPDSavills. Tough planning restrictions on new development will boost the values of existing properties, the agent believes.
LONDON-Out-of-town retail investment is set to increase in the second half of 2001, according to new research from FPDSavills. Tough planning restrictions on new development will boost the values of existing properties, the agent believes.
LONDON-Activity in the Central London office market is primed for a busy second half of 2001 despite uncertainty about the global economic outlook, according to FPDSavills.
LONDON-Deutsche Post has taken a pre-let on a massive warehouse at Hayes, close to Heathrow Airport in West London. The deal underlines the continued strength of the Heathrow industrial market.
LONDON-The economic slowdown is having a marked impact on the central London office market according to new research from Knight Frank. Supply is increasing as space is returned to the market but, so far, take-up is resilient.
LONDON-Banks are becoming more cautious about property lending, according to a new survey from Jones Lang LaSalle and Investment Property Databank. Speculative development finance accounts for no more than one per cent of all new loans.