New research from BNP Paribas Real Estate has indicated the total take-up of office space from new tenants in London increased by 10 per cent in Q4 2012 compared with the previous quarter. Although take-up in a number of London submarkets throughout the final quarter of 2012 declined, the City continued to prosper, where take-up rose by an impressive 45...

A new report indicates the quantity of new office space under construction in London has grown from seven million sq ft in the third quarter of last year to nine million sq ft in the same period in 2012. The Drivers Jones Deloitte Crane survey found the amount of new office space in the City rose 15 per cent, going...

The latest report from the UK's largest property lending survey from De Montfort University, Leicester, indicates the UK's commercial property sector is paying back its debts from the previous 'boom' years at a slow but steady pace. Loans held against commercial property across the United Kingdom fell by 4.3 per cent in the first six months of 2012, to a...

Chancellor, George Osborne's Autumn Statement last week revealed some promising news for the UK commercial property market, with increasing hope for growth according to global real estate services firm, Jones Lang LaSalle. They claim the decision to exempt all newly built commercial property in the UK completed between October 1st 2013 and September 30th 2016 from empty property rates for...

London has continued to outperform its rival global cities as the city of choice for global capital, according to Jones Lang LaSalle in the annual Central London Office seminar held this week. However, despite being the most dynamic and desired of the influential cities across the world, it has been made clear the English capital must not become complacent and...

Despite a fall in confidence across the UK commercial property sector as a result of the weaker economic backdrop and the continued Eurozone crisis, the country's major business investors remain committed to funding the sector by sourcing opportunities that add long term value, according to a new survey. The latest Commercial Property Confidence Monitor produced by Lloyds Bank Wholesale Banking...

Commercial property owners across the UK are being warned to be on the look-out for potential squatters in their empty or infrequently used premises, following a change in the law, according to legal firm Adams & Remers. Over the last month squatting in a residential property has become a criminal act and this could see some squatters target other types...

East Midlands city, Nottingham has more vacant retail shop space than any other large centre in the UK, according to a recent report by the Local Data Company (LDC).   LDC counted shop units in the area defined as Nottingham's "retail core", including areas outside of the city centre. As a result it found that the vacancy rate had increased...

With the London 2012 Olympic and Paralympic Games now well and truly over the attention is turning to the long term future of the Olympic Park. Industry insiders have revealed the Olympic Stadium is due to be renamed as the Queen Elizabeth Olympic Park, with the area to serve as high quality office space, whilst remaining an international sporting and...

The UK's commercial property market maintained its performance throughout the summer months with August's figures mirroring that of July. According to the CBRE's latest Monthly Index August recorded total returns of 0.2 per cent, with values again falling by 0.3 per cent. Across the year to date, capital values are said to be down 2.9 per cent with total returns...