November, 2008

Mike Slade made the comments

Downturn 'creating opportunities'

The difficult financial climate is creating opportunities in the commercial property market, according to an expert.

Muse Developments has been given the contract

Commercial property contract awarded

Muse Developments has been awarded a major contract to carry out work on a major regeneration project in Swindon.

Foresight published the report

Commercial property efficiency 'could be checked regularly'

Commercial property investors could find the energy efficiency of their portfolios checked regularly under new proposals.

NovaLoca carried out the study

Commercial property market 'showing signs of recovery'

The UK's commercial property market is showing some signs of recovery, according to new figures.

New Star has suspended dealing from its International Property Fund

New Star fund suspends dealing

New Star has announced that it is suspending dealing from one of its commercial property funds.

Breckland council's portfolio has performed well in recent times

Norfolk commercial property 'bucking trends'

New figures have suggested that commercial property investors could benefit from looking at options in Norfolk.

William Hill, head of property for Schroders', made the comment.

Commercial property market 'to recover in 2009'

The commercial property market is expected to show some signs of recovery next year, an expert has claimed.

Warwickshire County Cricket Club has submitted the plans

Birmingham redevelopment proposed

Proposals to redevelop Warwickshire County Cricket Club's Edgbaston ground and its surrounding area have been submitted to Birmingham city council.

John Lawson, head of pensions policy at Standard Life, made the comments

VAT cut 'will help Sipp investors'

An expert has claimed that changes to the rate of VAT could be beneficial for commercial property investors.

The British Property Federation has criticised the move

Government's property tax decision criticised

The government's decision to increase the threshold for empty property rates relief will impact on the commercial property market, it has been claimed.

Derwent London has cut the number of developments it is involved in

Derwent London cuts development 'commitment'

Derwent London has revealed it is cutting the amount of new developments it has underway in the capital.

Xafinity is behind the new offer

Pension provider launches commercial property offer

Xafinity has announced the launch of a new offer for commercial property investors who have one of their self-invested personal pensions (Sipps).

Lambert Smith Hampton has completed a major deal

Consultancy completes lettings deal

Lambert Smith Hampton (LSH) has completed a major commercial property deal in the Sheffield area, it has been reported.

Islamic finance has been in the market for "a long time", according to an expert

Islamic investment 'helping the UK market'

Islamic-style investments have played a major part in the UK's commercial property market "for a long time", an expert has claimed.

Anthony Duggan, head of research for Drivers Jonas, made the comments.

'Slowdown in demand' affecting developer confidence

An expert has claimed that a "slowdown in demand" is one of the reasons why commercial property developer confidence is low.

It is claimed Sunderland is becoming an attractive area for investment

Sunderland 'could offer investment opportunities'

Those involved in the commercial property sector could be attracted to Sunderland in the near future, a report has claimed.

Investors may benefit from the construction slowdown, it has been claimed

Investors 'to benefit from construction slowdown'

Commercial property investors could be set to benefit from a slowdown in the construction of new sites, it has been claimed.

Mike Prew has claimed the sector is currently "exciting"

Commercial property market 'exciting'

The current conditions of the commercial property market have made it the most "exciting" it has been for a number of years, according to an expert.

British Land has cut its portfolio valuation by 10.8 per cent

Investment firm lowers portfolio valuation

A leading commercial property investment firm in the UK has lowered its portfolio valuation.

An expert has claimed the time to invest is "right now"

Commercial property investors 'should return to the market'

An expert has claimed that commercial property investors should consider returning to the market now.

Commercial property has been affected by the abolishment of empty property tax rate relief

Empty rates 'may be affecting commercial property'

The government's decision to abolish empty property tax rate relief earlier this year could be impacting on the commercial property market, it has been claimed.

Workspace's property portfolio has fallen in value

Workspace portfolio falls in value

Workspace has announced that its commercial property portfolio fell in value over the six months to the end of September.

Menta is behind plans for the new £500 million development

Commercial property proposed for Croydon

A range of commercial properties could be built in Croydon if new proposals are given the go-ahead, it has been announced.

International Property Databank carried out the survey

Commercial property capital values 'fall'

The capital value of commercial property fell by a record amount during last month, it has been claimed.

A new development has been given the go-ahead in Newcastle.

Commercial property development given green light

A £200 million mixed-use development proposed for Newcastle has been given the green light, it has been announced.

Green designs command top rents

Green buildings 'can command top rents'

Commercial property investors may be interested to know that green buildings still command top rents, according to a study.

Taylor Wimpey looking to sell show homes

Commercial property builder 'selling show homes to reduce debt'

A leading commercial property building firm has announced it is looking to sell and leaseback hundreds of its show homes, according to reports.

The Investment Management Association has created a new property sector

IMA's property sector welcomed

The Investment Management Association's decision to create a property sector has been welcomed by a leading industry body.

LaSalle Investment Management is planning to invest in commercial property

Firm prepares for UK investment

A commercial property firm has announced it is preparing to invest in the UK market.

Commercial property development activity fell last month

Commercial property development falls

The level of activity in the commercial property development sector fell last month, according to new figures.

Land securities has appointed Alison Carnwarth as its chairman

Land Securities appoints chairman

A leading real estate investment trust has announced the appointment of a new chairman.

Taylor Young are to update the regeneration plans

Widnes regeneration plans to be updated

Regeneration plans for the Widnes Waterfront project are to be updated, it has been announced.

Evans Property Group has been given new funding

Property group secures funding

A commercial property group has announced it has received extra funding to help it through current difficult market conditions.

An expert has claimed commercial property contracts are 'inflexible'

Commercial property contracts 'inflexible'

Commercial property contracts are "inflexible" for a number of reasons and are affecting the stability of the sector, it has been claimed.

Energy performance certificates are needed in commercial property deals

Property sellers urged to comply with regulations

Those involved in commercial property deals must ensure they have an energy performance certificate (EPC) for their interests, an expert has suggested.

Hammerson is not planning to start any new work until next year

REIT halts new work plans

A leading real estate investment trust (REIT) has announced that work on its new developments will not begin before the end of next year.

Land securities has cancelled its demerger

Real estate group 'cancel demerger'

A leading real estate group is set to cancel a proposed demerger due to current problems in the commercial property market, it has been reported.

Research suggests global property markets have been affected by the credit crunch

Global commercial property markets 'struggle'

New research has suggested that commercial property markets across the world have been affected by the financial downturn.

Interest in SIPP property investment grows

'Growing interest' in SIPP property investments

Many holders of self-invest personal pension (Sipp) plans are turning to commercial property investments, it has been claimed.

Commercial property 'bounce' to follow downturn

"Hell of a bounce" will follow downturn

A leading property expert has claimed that "one hell of a bounce" is set to occur in the market when it fully recovers.

'Difficult time ahead' for commercial property

'Difficult times' for property markets

The commercial property market is entering into a "difficult and dangerous" time, an expert has suggested.

'Good time' for commercial property

'Light ahead' for commercial property

Conditions in the commercial property sector mean it is now "a good time" for investors to enter the market, according to an expert.

Waterfront 'key to development'

Waterfront regeneration 'key to sustainability'

Waterfront regeneration has been identified as a key area for development, including commercial property, according to the head of development consulting at Colliers CRE.

UK's commercial property valuations 'accurate'

Commercial property valuations 'most accurate in UK'

The UK has been found to have the most accurate valuations of commercial property in Europe, according to a Royal Institution of Chartered Surveyors (Rics) survey.

Aviva's commercial property fund stops trading

Commercial property fund suspends trading

A commercial property fund run by Aviva has been forced to stop trading because of a lack of liquidity due to weaker market conditions.

BAA to improve access to Heathrow

Crossrail gets funding boost

Airport operator BAA has announced that it is to put over £200 million into London's Crossrail project with a view to improving access to Heathrow.

Billionaire granted permission for golf development

Trump gets permission for golf course

Plans for a £1 billion golf course funded by US tycoon Donald Trump have got the green light from the Scottish government.

Commercial property demand falls

Commercial property hit in third quarter

Demand for commercial property fell at its fastest rate in a decade in the third quarter of this year, according to a Royal Institution of Chartered Surveyors (Rics) report.

Expansion of football club

Leeds Utd announce new stadium plans

Football club Leeds United has announced plans to expand its Elland Road stadium to develop a range of leisure facilities at the site.