LONDON-Average property yields are moving in again, according to the latest research from CB Hillier Parker. High street shop and industrial yields firmed over the second quarter of 2003 while all other sectors were static.
LONDON-Isis Property has kept BT from exercising a break option on its 188,000-sf Westside building in Kings Langley, Hertfordshire. But it has accepted a surrender on 109,000 sf of adjoining space.
LONDON-Henderson Global Investors has purchased a 50% stake in the 96,400-sf Cambridge Retail Park and will manage the property on behalf of co-owner Merrill Lynch Investment Managers, while working up plans for a 128,000-sf extension.
LONDON-Property lending is continuing at historically high levels, with the market sustained by the low cost of money, according to a new survey from FPDSavills. And more of the same can be expected for the rest of 2003.
LONDON-Helios Properties has unveiled plans for a new one million-sf distribution warehouse park on the outskirts of Darlington in the north-east of England.
LONDON-City North Group has been granted planning permission for its 175,000-sf office scheme at One City Road, on the northern fringe of the City of London. But in the current market a speculative start has been ruled out.
LONDON-Capital & Regional has added to its portfolio of mixed-use retail and leisure schemes with the formation of a joint venture with AWG to take over the struggling Great Northern scheme in Manchester city centre.
LONDON-Google UK, the European arm of the search engine operator, has signed up for 14,596 sf of offices in Derwent Valley Holdings' The Courtyard office refurbishment on Charing Cross Road, WC2.
LONDON-Google UK, the European arm of the search engine operator, has signed up for 14,596 sf of offices in Derwent Valley Holdings' The Courtyard office refurbishment on Charing Cross Road, WC2.
LONDON-The UK's regional centres like Birmingham, Edinburgh and Cardiff are Europe's best-performing hotel markets, according to new research from Jones Lang LaSalle.