LONDON - UK Residential investment yields are slowly but steadily moving down according to research from FPD Savills. The current gross yield from UK residential property stands at 9.1% compared to 11.5% five years ago.
LONDON - Chicago-based corporate property services provider, Equis, has tied up a deal with independent UK agency Rogers Chapman. The joint venture will provide corporate real estate services throughout the US and Europe.
LONDON - Investment in London hotels slumped by over half during 2000. According to agency Jones Lang LaSalle Hotels this was due to the chronic shortage of suitable stock coming to the market.