News & Insight: Retail
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News by PropertySales.com
UK shopping centre investment continues to grow in 2013
Investments in UK shopping centres stood at £2.16 billion in the first half of 2013, according to recent data by Savills. In total, this is a 35 per cent increase in the amount invested over the same ...
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News by PropertySales.com
Shop rents in Cardiff fall by 70% as tenant struggles continue
New figures by property firm Calan Retail have revealed that retail rents in Cardiff city centre have fallen by as much as 70 per cent, as landlords continue to struggle to fill their properties.Accor...
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News by PropertySales.com
Regional office properties enjoy rises in second quarter of 2013
Commercial property rents continued to rise in the second quarter of 2013, according to CBRE's UK Q2 2013 survey.Property rents having risen by 0.7 per cent over the quarter, specifically, the prime o...
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News by PropertySales.com
Commercial properties falling behind on business rate payments
One in seven business premises in the UK have received a court request due to falling behind business rate payments.The data was released after the Grimsey Review - an "alternative review" into the hi...
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News by PropertySales.com
Tenant demand has risen in London, reports Land Securities
Commercial property firm Land Securities have revealed that tenant demand has risen dramatically in London, and a large portion of the company's properties are nearly full.In a statement, Land Securit...
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News by PropertySales.com
Wells Fargo secure £4 billion commercial property deal
Wells Fargo and private equity group Lone Store have completed a £4 billion deal to buy Eurohypo, Commerzbank's commercial property-lending arm in the largest sale of property loans by a European bank...
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News by PropertySales.com
Commercial activity rises at fastest rate since 2007
The IPD UK Monthly Property Index has highlighted that commercial property values have risen for the second month in a row, and the recovery is extending beyond just the capital city.Following a fract...
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News by PropertySales.com
Nest looking to invest a fifth of savers' funds in commercial property
The National Employment Savings Trust (Nest) is looking to invest a fifth of savers' funds in commercial property.The state-sponsored organisation is looking to move into the property sector, in an ef...
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News by PropertySales.com
UK retail rents plummet with northwest hardest hit
Retail rents are falling fastest in the north-west of England, according to the latest Colliers Midsummer Retail report.A key indicator of high street health, shop rents in the region have dropped by ...
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News by PropertySales.com
Government consults on rate exemption for vacant business units
Consultation has begun on government plans to make property owners exempt from paying property rates on their vacant business units.The proposals, originally announced in the Autumn Statement last yea...
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News by PropertySales.com
Regeneration of commercial property will boost UK cities, says CBI director-general
The director-general of the CBI John Cridland has stated business growth and local economies will only be boosted through the regeneration of commercial property areas.Speaking at the Birmingham Made ...
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News by PropertySales.com
Permit applications for commercial property projects fall again in 2012
Building-permit applications for commercial property projects have fallen for a second year in a row in 2012, according to new research by law firm EMW Law LLP.The report highlighted that the number o...
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News by PropertySales.com
UK commercial property debt stands at £197.9 billion
It has emerged that debt held against commercial property in the UK stood at £197.9 billion by the end of 2012, according to the Commercial Property Lending Market report by De Montfort University.Whi...
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News by PropertySales.com
Commercial property in UK stops 17-month decline
Values for commercial property in the UK have stopped declining, after decreasing for 17 consecutive months, according to a new report by Investment Property Databank (IPD).April saw real estate value...
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News by PropertySales.com
Scottish trade bodies appeal on commercial property energy standards
A group of trade bodies representing the commercial property sector have written to the Scottish Government, appealing against new energy standard regulations.Under new legislation, buildings will hav...