Research
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Retail park investment up as pace of development increases
Around £3.6bn has been invested into the UK retail real estate sector so far in 2017, with a third of that being spent on out-of-town retail assets, according to EG…
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78% of shoppers visit local shopping centres weekly
Community shopping centres are playing an increasingly important role in the overall retail experience, according to a new report from Savills and Ellandi, with 78% of shoppers visiting one at…
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Global spending in airports reaches $38bn
Global spending in airports reached $38bn (£29.8bn) in 2016 and is set to grow by 29% to $49bn (£38.4bn) by 2021, according to GlobalData.
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Mid-tier regional law firms expected to merge
Mid-tier legal firms in the regions will face further consolidation, according to Knight Frank.
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Hong Kong and West End have highest occupancy costs
Hong Kong and London’s West End have topped the list of prime office occupancy costs again, according to CBRE Research’s latest annual Global Prime Office Occupancy Costs report
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Overseas buyers account for 13% of London residential sales
Overseas buyers of new-build residential property accounted for 13% of stock bought in the two years to 31 March 2016, according to a study by the University of York.
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Acquisition puts Savills on top in Birmingham office market
Savills leapt seven places to take top spot in EG’s Birmingham office league table. Its acquisition of GBR Phoenix Beard undoubtedly helped its performance in a year that saw take-up…
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Flagship demand reduces number of Oxford Street shops
The total store count on Oxford Street, W1, has decreased from 285 to 228 since 1993, primarily as a result of “knock-throughs” driven by retailer demand for large flagship units.
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Manchester’s 1.3m shoppers ‘could fill an extra 150,000 sq ft of retail space’
Manchester has the potential for nearly 150,000 sq ft of extra out-of-town fashion retail space, according to research by Savills.
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LREF delegates ‘Listen to Londoners’
LREF: For the first time, LREF held a community engagement day to involve those affected by development in the capital.
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Savills: Only 41% of authorities have local plan as 61 lose appeals in 2017
More than 60 local authorities have lost appeals to the planning inspectorate in 2017 because they did not have an adequate local plan in place, according to Savills research.
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CBRE: PRS yields harden as £600m sits under offer
There is more than £600m of under-offer PRS stock, according to CBRE’s latest PRS yield research, which is supporting investment and further driving down yields as interest in the sector…