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LONDON-The underperformance of the office markets in London and the South East of England is dragging down the whole UK office sector, according to Insignia Richard Ellis. Central London office rents fell by 10.9% in the year to July 2002, while capital values fell by 5.7%.
LONDON-Mickola Wilson has left the struggling Marylebone Warwick Balfour to join Teesland as Joint Chief Executive alongside Paul Oliver. The two were formerly colleagues at Guardian Royal Exchange.
LONDON-Marks & Spencer is to roll out its new Simply Food format in Northern Ireland with a requirement for ten new stores in the province. The high street food format has already proved successful in London and the South east of England and M&S expects to open 150 of the stores over the next three years.
LONDON-Italian kitchen company Baumatic has taken a 50,000-sf distribution unit at the Omega distribution scheme in Didcot, Oxfordshire, developed by Albion Land and the Diageo Pension Scheme.
LONDON-Industrial property specialist Ashtenne has sold the Sittingbourne research park in north Kent for pounds 19.75 million ($30 million). The company only bought the property 15 months ago for pounds 11.3 million ($17.6 million).
LONDON-The largest shopping centres in the UK--those over 500,000 sf--have fallen out of favour with retailers, according to new research from Donaldsons. Rents in the largest shopping centres only grew by 1.5% in the year to June 2002, against 2.7% across all shopping centres and 5.7% for high street shops.
LONDON-BL Gazeley, the joint venture between British Land and Wal-Mart's property arm Gazeley Properties, has agreed five major deals in the last two months. In Thatcham, Berkshire, it has sold a 355,000-sf distribution unit for Pounds 38.5 million ($60 million)
LONDON-The UK's house price spiral shows no sign of running out of steam according to the latest RICS survey, with an on-going shortage of homes for sale driving the market.
LONDON-Benchmark is to demonstrate its confidence in the troubled West End office market with two speculative starts in the coming months. Schemes in Golden Square, Soho and Savile Row, Mayfair, will provide almost 100,000 sf of new space.
LONDON-Insignia Richard Ellis has denied reports that it has found a purchaser for the two million-sf Stanley Dock complex, one of the last remaining historic dock sites on the banks of the river Mersey in Liverpool.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource