Commercial Property News
Decline in construction a 'worry for investors'
Friday, 3 July 2009 - 9:04am
New research has shown that the rate of decline in the UK's construction sector accelerated again last month.
The Chartered Institute of Purchasing and Supply (CIPS) claimed that there is a possibility the recession will be w-shaped something which could concern commercial property investors.
CIPS's latest purchasing managers index for the construction sector fell from 45.9 in May to just 44.5 in June moving further from 50, which denotes neither growth or contraction in the industry.
The decline followed three consecutive monthly increases in the index, and the figure is still above the record low of 27.8, which was reached last year.
David Noble, chief executive officer of CIPS, said: "Against the backdrop of difficult market conditions, the UK construction sector is on a knife-edge."
"After the improvements [slower rates of decline] seen in April and May, the sector has retracted as firms battle to consolidate their position," he added.
However, investment in commercial property in the capital rose for the first time in two-years, according to Cushman & Wakefield.
Property investment sentiment at record high
Thursday, 2 July 2009 - 7:57amExperts have claimed that sentiment in the commercial property market is at a record high, despite the ongoing economic downturn.
Commercial property investment 'on the rise in London'
Wednesday, 1 July 2009 - 2:55pmThe level of investment recorded in London's commercial property market has increased for the first time since the second quarter of 2007, it has been revealed.
Prologis announces UK sale
Wednesday, 1 July 2009 - 2:53pmProLogis European Properties (PEPR) has announced the completion of a deal involving five of its UK-based distribution facilities.
London makes global retail rents top 10
Wednesday, 1 July 2009 - 8:30amRetail rents for commercial property in London are the sixth highest in the world, according to the latest figures.
Commercial property opens in Waterloo
Tuesday, 30 June 2009 - 8:38amCommercial property space created close to both Waterloo station and Westminster Bridge in London is being brought to the market, it has been revealed.
Sunderland development proposed
Monday, 29 June 2009 - 1:05pmThornfield Properties has been appointed to take charge of major new regeneration plans in Sunderland.
Hammerson confirms London commercial property letting
Monday, 29 June 2009 - 8:55amCommercial property developer Hammerson has revealed it has achieved its first letting at a new office building in the City of London.
Land Securities agrees £70m commercial property sale
Friday, 26 June 2009 - 1:42pmReal estate investment firm Land Securities has sold the Fremlin Walk site in Maidstone for £70 million.
Commercial property investor demand 'high at auction'
Friday, 26 June 2009 - 12:57pmThose looking to invest in commercial property are paying an increasing amount of attention to auctions at the moment, according to an expert.
Commercial property development opens near Newcastle
Friday, 26 June 2009 - 8:43amCaddick Group has announced the launch of its brand new £30 million commercial property development close to Newcastle.
Sport events boosting commercial property market?
Thursday, 25 June 2009 - 2:07pmMajor sporting events like the Olympics could help the UK to boost its regeneration and commercial property development efforts, it has been claimed.
Retail unit availability on the rise
Thursday, 25 June 2009 - 2:06pmNew figures have revealed that the amount of retail-related commercial property available to lease has risen in the last three months.
Retailer confirms distribution development plans
Thursday, 25 June 2009 - 8:50amRiver Island has revealed plans to proceed with a major commercial property development.
Bristol development 'ready for business'
Wednesday, 24 June 2009 - 1:32pmCubex Land has completed a new £35 million commercial property development in Bristol.















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