Shortages of skilled labour and materials are becoming more apparent as market comes out of downturn Office occupiers look set to be hit by spiralling costs when fitting out buildings, with tender prices predicted to rise at an annual rate of up to 6.5% over the next two years, new research suggests.
Read More...

Demand across the South East office market increased by 10% in the second quarter of 2014, according to Savills. 150 new requirements came to the market in the period, which together total 2.7m sq ft of wanted space. Total demand for the first half of the year is up 15% on the previous half, totalling 4.5m sq ft.
Read More...

Foreign interests using city as safe haven are making city ‘too hot’ for UK investors, Dev Secs group director says The London property market is no longer a sensible investment for UK developers as long as sovereign wealth funds and global billionaires continue to treat it as a cash haven, Development Securities director Matthew Weiner has said.
Read More...

The UK is facing a housing crisis. Open any newspaper today and there will be articles on spiralling house prices and an imminent bubble. Yet the greatest and fundamental factor underpinning these dire warnings and predictions is quite simply a lack of supply.
Read More...

Supermarket chain Tesco has come under renewed pressure after it was revealed its land bank could be used to build 15,000 homes, the equivalent of the new town in Ebbsfleet.
Read More...

The governor of the Bank of England Mark Carney has proposed new measures to cool the UK’s housing market in the bank’s latest stability report.
Read More...

Middle Eastern investors could spend as much as $180bn in commercial real estate outside of their own region in the next decade, according to CBRE.
Read More...

Twenty housing zones will be created in London, with £400m of backing from the government and London authorities, in a bid to accelerate 50,000 new homes.
Read More...

The boom in tall towers in London is being driven by overseas demand for “glitzy high-rise towers”, rather than the housing shortage in the capital, former City planning officer Peter Rees claimed today.
Read More...

Planning permissions for new homes in England and Wales have reached the highest level since 2008, according to figures released today.
Read More...

The London Luxury Quarter looks set to receive £1.3bn of investment over the next 5 to 10 years, a report has revealed.
Read More...

Prime rents in central London rose for the third consecutive month in May, data from Knight Frank revealed, meaning the half-year change in values was positive for the first time since January 2012.
Read More...

More than 50 new entrants entered the lending market over the last 12 months, according to Savills, taking the list of organisations with ambitions to lend to more than 200 names.
Read More...

De Montfort report shows talk of recovery in the UK commercial real estate finance market is not all hot air. Are we in the midst of another commercial property credit boom? Given that the slightly fuzzy, champagne-addled memory of the last boom has barely receded, it seems bizarre to have to be asking this question.
Read More...

Mothers’ Bunch Club of UK’s top investment agents urge new code of practice to curtail ‘double dipping’.
Read More...

Land Securities put out a strong set of annual results this morning and signalled that the cycle was approaching its peak.
Read More...

The Real Estate Finance Group has revealed its final recommendations to minimise the impact of the next real estate crash on the broader economy.
Read More...

Derwent London predicted a further recovery in the London office rental market in a strong interim management statement this morning.
Read More...

The UK self storage industry saw a turnover of £385m last year with occupancy rates up 3%. The latest Self Storage Association UK survey, produced by Deloitte Real Estate, showed despite the introduction of VAT on rents for storage, 79% of operators indicate they expect to see an improvement in profits over the year ahead.
Read More...

Global property transactions hit £715bn (€859bn) in 2013, a 22.6% increase on 2012 and the highest total since 2007
Read More...