Commercial Property News

Commercial property vacancies 'growing on the high street'

Empty commercial property space is on the rise on the UK's high streets, new figures have revealed.

The Retail Availability survey from Cushman & Wakefield found that over ten per cent of shops in such areas are now vacant or available to lease, which may interest those seeking commercial property management opportunities.

According to the report, the figure represented a marginal 0.4 per cent increase over the past three months, although it is also around two per cent lower than the peak in August 2009.

Peter Mace, head of central London retail at Cushman & Wakefield, said the capital was a polarised market, due to low availability in the centre that is in stark contrast with figures in the suburbs.

"The high number of tourists that continue to visit London to capitalise on the weak pound have helped to reinforce central London's resilience," he added.

Previous figures from Cushman & Wakefield revealed that average retail property rents fell by over eight per cent during 2009.

Sky takes up Stockport commercial property space

Tuesday, 9 March 2010 - 9:39am
A new commercial property development in Stockport is set to become home to Sky's latest customer service centre.

Commercial property take-up 'to show steady improvement'

Monday, 8 March 2010 - 9:43am
Levels of commercial property take-up in the UK are set to improve slightly in the next few months, according to an expert.

Commercial property capital growth 'bounces back'

Friday, 5 March 2010 - 9:45am
Capital growth in the UK's commercial property market improved during February, new research has revealed.

UK 'a top commercial property investment market'

Thursday, 4 March 2010 - 9:52am
The commercial property investment market in the UK is one of the largest in the world, according to new research.

NWDA releases commercial property funding

Wednesday, 3 March 2010 - 9:44am
A new commercial property project has been boosted by a multimillion pound grant from the Northwest Regional Development Agency (NWDA).

Land Securities 'to restart London commercial property project'

Tuesday, 2 March 2010 - 9:51am
Work is set restart on a major commercial property development proposed to be built in the centre of London, it has emerged.

Woking commercial property deal completed

Monday, 1 March 2010 - 9:51am
The Wolsey Place Shopping Centre in Woking has been sold as part of a commercial property deal worth £68 million.

London commercial property market 'to be resilient'

Friday, 26 February 2010 - 9:48am
The retail commercial property market in London is to be resilient in terms of rents over the coming months, according to an expert.

London 'leading on commercial property rental growth'

Thursday, 25 February 2010 - 9:40am
Levels of commercial property rental growth in London are ahead of other leading office markets across the globe, according to new figures.

Regional commercial property investment 'on the rise'

Wednesday, 24 February 2010 - 9:48am
Commercial property in regional areas is attracting much interest from investors, new research has revealed.

Retail commercial property rents 'stabilising'

Tuesday, 23 February 2010 - 9:52am
Retail commercial property rents is expected to stabilise over the next few months, according to new research.

Commercial property investment 'on the rise in the UK'

Monday, 22 February 2010 - 9:56am
Investor interest in commercial property has risen significantly over recent months, according to reports.

London commercial property market 'enjoying quick recovery'

Friday, 19 February 2010 - 9:58am
London's commercial property market has emerged as one of the first to recover from the economic downturn, according to a new report.

UK Commercial property Trust raises £150m

Friday, 19 February 2010 - 9:57am
A recent share offering has allowed UK Commercial Property Trust to raise £150 million of new equity, which it will use to purchase new acquisitions.