Industrial Market. jll.co.uk/industrial Spring 2017
|
|
- Edgar Morris
- 6 years ago
- Views:
Transcription
1 Industrial Market UK Tracker jll.co.uk/industrial Spring 2017
2 Our industrial agents (multi-let) n o i t c u d o r t In Welcome to our new UK Industrial Market Tracker, which aims to monitor and evaluate what is happening in the market with a sharper focus on standard industrial buildings rather than the large-scale logistics buildings that we cover in our separate Big Box report. Earlier this year, our UK Real Estate Investor Confidence Survey Q highlighted huge investor interest in the industrial/logistics sector, with 60% of investors saying this was the sector that would see the most interest in the coming six to 12 months. We believe this new Tracker report sheds some light on why this interest is so strong. In this first edition we start by looking back at market conditions over 2016 including a dedicated demand and supply survey of JLL s Industrial team across the country, plus an analysis of speculative development, rental growth, yields and investment performance. We then look forward and set out our expectations for 2017 based on the same key indicators. We hope you find this Tracker a useful guide to market conditions. Despite some economic and political uncertainties, we think it highlights that industrial market fundamentals are strong. We believe the market will prove resilient and continue to offer opportunities for developers and investors. In addition, we hope that corporate occupiers with requirements for industrial property will also find the Tracker a useful study to help inform their decision-making. Andy Harding Lead Director UK Industrial & Logistics Tim Clement David McGougan Ravinder Cheema Lauren O Toole +44 (0) Southampton +44 (0) (0) (0) Chris Knight Sean Fraser Carl Durrant Andrew Lynn +44 (0) Southampton +44 (0) (0) (0) Shaun Rogerson Tim Western Steven Jaggers Richard Johnson +44 (0) Exeter +44 (0) (0) (0) James Miller Kye Daniel Tom Price Ben Watson +44 (0) Exeter +44 (0) (0) (0) Hugo Jack Giles Weir Robert Kos +44 (0) (0) Alexandra Fitzpatrick Phoebe Farrell Deborah Bryant-Pearson +44 (0) (0) (0) Heather Lawrence Cardiff +44 (0) (0) Andrew McCracken Glasgow +44 (0) Andrew Armstrong Melinda Cross Hannah Eshelby Harriet Costello +44 (0) (0) Cardiff +44 (0) Adam Creighton Matthew Smith Richard Harris Ben Dobson +44 (0) (0) (0) Edinburgh +44 (0) Tom Lowther James Keeton Tom Asher +44 (0) (0) (0) Glasgow +44 (0)
3 Looking back Strong demand but take-up constrained in some regions by available supply. At the start of this year we surveyed all of JLL s regional Industrial agency teams to seek their views on the level of occupier demand and take-up (i.e. demand that actually translated into transactions) during 2016 and the level of available supply at the end of the year compared with 12 months earlier. The 2016 vs map opposite presents the results. As this shows, our agents told us that demand was higher during 2016 compared with 2015 in eight out of 11 regions, stable in two and lower in only one (the North East). However, in only five regions did they believe that this increase in demand had translated into higher take-up, with take-up flat or down in six regions. The reason for this was the reduction in available supply, which our agents noted in ten out of 11 regions. The only region where our agents reported no change in available supply was the South East, which was due to speculative developments that came on stream during the year. In general, the speculative development that started last year attracted strong interest. At January 2016 we held records on 77 industrial schemes (involving all unit sizes) that were speculatively under construction around the country, totalling some A year on, 46% of this floorspace had been taken up. For big box logistics, the share taken-up was 55% with the corresponding take-up share for smaller units at 29% saw further industrial rental growth, with every region posting uplifts. Given these demand and supply dynamics, it is unsurprising that 2016 saw further industrial rental growth, with every region posting uplifts. Our data, based on monitoring prime headline rents for standard buildings between 10,000 sq ft and 20,000 sq ft in 59 locations nationally, showed average growth across the country last year of 6%, with the strongest uplifts in the South East (9%) and (8%). Independent data from the MSCI Annual Index shows growth of 3.8% for the industrial sector overall over 2016, with 4.2% growth for standard industrial properties and 2.7% for distribution warehouses. With yield movement making a very modest contribution to capital growth over the year despite the Brexit vote in the middle the overall total return delivered by the UK industrial market was a very respectable 7.7% according to MSCI, which was way in excess of the office or retail sectors. Agent sentiment survey 2016 vs Industrial floorspace that was speculatively under construction at the start of 2016 and availability status at the start of Greater South East South West Wales East Midlands West Midlands North West Yorkshire & Humberside Let Available North East Scotland Demand Take-up Supply Significantly higher Higher Stable Lower Significantly lower
4 Agent sentiment survey Next six months Our expectations 67 schemes under construction big box logistics units of 100,000 sq ft and over in units below 100,000 sq ft Available supply will continue to fall. Looking forward six months, our agents remain generally upbeat about the demand outlook with five out of 11 regions expecting demand to be higher over the first half of this year than was the case in the second half of last year, with the remaining six regions reporting a stable demand outlook. The Next six months map opposite presents the results. However, take-up is expected to be stable in nine out the 11 regions and fall in two regions, i.e. the North West and Yorkshire and Humberside, in both cases due to a diminishing supply of good quality buildings. Our agents expect available supply to be lower at mid-2017 than at the end of 2016 in every region bar the South West, where the expectation is for no significant change. At January 2017, we recorded a total of 67 schemes speculatively under construction across the country totalling 7.4, of which 3.3 was in big box logistics units of 100,000 sq ft and over with 4.1 in smaller units. Given expectations of a decline in available industrial space across all regions, we believe that there is still further potential for rental growth. Our latest model-based forecasts of the MSCI time series show growth of 2.9% this year for the sector overall, led by standard industrial property in at 4.9%. According to our model, aggregate industrial yields will drift up over 2017, although we think prime yields could potentially compress further due to very strong investor demand and competition for stock. Our model forecasts that the sector overall will deliver a lower total return this year compared with 2016 at around 7% but once again comfortably outperform offices and retail. Therefore, we expect industrial market conditions to continue to favour developers and investors this year with available supply in ready-to-occupy buildings remaining tight. As a result, corporate occupiers requiring space this year will still find limited immediate market choice. Whatever your objectives, we hope this Tracker helps you stay on course. Demand Take-up Supply Significantly higher Higher Stable Lower Significantly lower
5 Contacts Agency Occupier Advisory Lease Advisory Andy Harding Lead Andrew Lynn Director Michael Alderton Michael Hancock +44 (0) (0) (0) (0) Tim Clement +44 (0) Melinda Cross Director +44 (0) James Miller Associate +44 (0) Chris Knight +44 (0) Rich Harris Director +44 (0) Tom Asher Associate Director +44 (0) Andy McCracken Director Glasgow +44 (0) Ben Dobson Surveyor Edinburgh +44 (0) Laura Sutton +44 (0) Investment Sam Fairbairn +44 (0) Development Chris North +44 (0) Research Jon Sleeman +44 (0) Tessa English Associate +44 (0) Raphaele Naud Research Analyst +44 (0) James Keeton Director Tim Western Director Exeter +44 (0) (0) Carl Durrant Director +44 (0) Heather Lawrence Senior Surveyor Cardiff +44 (0)
Western Corridor. industrial market report
Western Corridor industrial market report Autumn 2017 Western Corridor industrial market report Autumn 2017 3 Introduction Highlights: H1 2017 Welcome to the new edition of our Western Corridor report,
More informationAddress Size Range (sq ft) Status Contact Region: South East Acton Unit 1 Westpoint Trading Estate. 5,962 To be. 6,892 14,005 To be
Region: South East Acton Unit 1 Westpoint Trading 11,565 Refurbished James Miller Andover- Andover Trade Barking Unit 4 The Invicta Centre Basingstoke Houndmills Trade Becton London Industrial Bracknell
More informationStronger activity expected in H2 2016
PROPERTY TIMES Stronger activity expected in H2 2016 UK Industrial Q1 2016 09/05/2016 Author Michael Green Research Analyst +44 (0)20 3296 2330 michael.green1@cushwake.com Contacts Ben Clarke Head of UK
More informationResearch. Business Parks Review. Autumn gva.co.uk. Manchester Airport City. gva.co.uk/research
Research Business Parks Review Autumn 2015 Manchester Airport City gva.co.uk gva.co.uk/research 1 Manchester Airport City Summary A total of 2.3 million sq ft of take-up was recorded on UK business parks
More informationRESEARCH INDUSTRIAL SNAPSHOT
RESEARCH INDUSTRIAL SNAPSHOT GREATER LONDON AND WESTERN HOME COUNTIES H1 2017 GREATER LONDON & WESTERN HOME COUNTIES LOGISTICS & INDUSTRIAL RESEARCH Introduction Our report provides an insight into the
More informationUK Office Market Outlook. Strongest regional take-up since 2007 H2 2015
UK Office Market Outlook Strongest regional take-up since 27 H2 UK outlook Economic fundamentals remain sound The UK economy remains on a solid growth path with rising real wages, low inflation and improving
More informationRESEARCH INDUSTRIAL SNAPSHOT
RESEARCH INDUSTRIAL SNAPSHOT GREATER LONDON AND WESTERN HOME COUNTIES H2 2017 GREATER LONDON & WESTERN HOME COUNTIES LOGISTICS & INDUSTRIAL RESEARCH Introduction As the UK economy continues to grow so
More informationUNITED KINGDOM BIRMINGHAM OFFICES QUARTER
UNITED KINGDOM OFFICES QUARTER 4 2 TAKE-UP 753,329 SQ FT 113,713 KEY DEAL 118,240 SQ FT TO BCU AT BELMONT WORKS, EASTSIDE CITY CENTRE SERVICED OFFICES SQ FT HEADLINE RENT 33 PSF Take-up > Annual take-up
More informationLOGISTICS 225 & LOGISTICS 175. TO LET
225 & 175. TO LET AVAILABLE AUTUMN 2016 www.logisticsnorth.co.uk/a6 A6/Salford Road 1 175 175,000 sq ft 225 225,000 sq ft J4 www.harworthestates.co.uk THE SITE A RARE OPPORTUNITY IN AN EXCEPTIONAL LOCATION
More informationUK Office Market Outlook. UK Office Research H1 2015
UK Office Market Outlook UK Office Research H1 2015 UK outlook Solid economic growth Domestic economic momentum remains robust. While GDP growth of 0.4% in Q1 was below the 2014 pace it picked up in Q2
More informationUK Office Market Outlook H2 2014
UK Office Market Outlook H2 Regional revival The investment market led the charge in but by year-end the occupational market had matched the pace with all major markets outside London (asides from the
More informationLOGISTICS 175 TO LET M61/J4 BOLTON BL5 1BT. New build
1/J4 BOLTON BL5 1BT 175 New build TO LET New 175,212 sq ft industrial/distribution unit Adjacent to junction 4, 1 Ready for immediate occupation Transforming Regenerating Revitalising wwwlogisticsnorthcom
More informationLOGISTICS 175 TO LET M61/J4 BOLTON BL5 1BT. New build
1/J4 BOLTON BL5 1BT 175 New build TO LET New 174,940 sq ft industrial/distribution unit Adjacent to junction 4, 1 Ready for immediate occupation LET TO Transforming Regenerating Revitalising wwwlogisticsnorthcom
More informationUNITED KINGDOM LEEDS OFFICES QUARTER
UNITED KINGDOM LEEDS OFFICES QUARTER 3 2018 2 528,654 SQ FT YTD INVESTMENT 335m 2018 Leeds city centre saw strong levels of demand in Q3 2018, with take-up at 191,464 sq ft. Similar levels of take-up were
More informationThe Western Corridor Industrial and Warehouse Market Report. Autumn 2015
The Western Corridor Industrial and Warehouse Market Report Autumn 2015 Highlights: 2015 TAKE-UP 2.8 million sq ft of floorspace taken up in Western Corridor. 19% on 2014 SUPPLY Q2 2014 6% up on half-year
More informationLOGISTICS 225 & LOGISTICS 175
1/ BOLTON BL5 1BT & Speculative build TO LET - Available Q4 2016 A6/Salford Road 1 175,000 sq ft 225,000 sq ft Transforming Regenerating Revitalising www.logisticsnorth.com A RARE OPPORTUNITY IN AN EXCEPTIONAL
More informationNHBC NEW HOME STATISTICS REVIEW Q1 2016
NHBC NEW HOME STATISTICS REVIEW Q1 216 NHBC statistics represent a unique source of detailed up-to-date information on new home construction and the house-building industry. The figures relate to new homes
More information1.2% 3.5% 13.2% Inflation May 2017 y-o-y. Retail Sales, May 2017 y-o-y
City Report Q2 2017 1.2% 3.5% 13.2% GDP Growth Q1 2017 y-o-y Inflation May 2017 y-o-y Unemployment rate Q1 2017, Belgrade 489 11.1% 6.2% Net Salary May 2017, Belgrade Retail Sales, May 2017 y-o-y Industrial
More information1.0% 3.6% 15.9% Inflation March 2017 y-o-y. Retail Sales,
City Report Q1 2017 1.0% 3.6% 15.9% GDP Growth Q1 2017 Inflation March 2017 y-o-y Unemployment rate 2016, Belgrade 495 11.4% 0.9% Salary March 2017, Belgrade Retail Sales, March 2017 y-o-y, Serbia Industrial
More informationLIVERPOOL CITY CENTRE. Commercial Office Market Review 2005
LIVERPOOL CITY CENTRE Commercial Office Market Review 2005 SUMMARY Liverpool s office market is changing beyond recognition, with newly-built offices, increasing demand from professional and financial
More informationBusiness Parks Review
Research bulletin Business Parks Review Discovery Park, Kent Spring 2013 Discovery Park, Kent Gallions Wexham Springs, Berkshire Gallions Wexham Springs, Berkshire Summary Business park office take-up
More informationPREMIUM TRAFFIC MONITOR SEPTEMBER 2013 KEY POINTS
Premium Pax, Million Economy Pax, Million PREMIUM TRAFFIC MONITOR SEPTEMBER 13 KEY POINTS Growth in premium air travel moderated in September, after a strong rise in August. International premium passenger
More informationretail Rankings and Achievements Nottingham City Centre Performance 2009 summary
retail Nottingham City Centre Performance 2009 summary Rankings and Achievements Nottingham is one of the UK s top 10 retail destinations and sits in seventh place in Experian s 2009 retail rankings. It
More informationSpotlight Leeds Offices Summer 2016
Savills World Research UK Commercial Spotlight Leeds Offices Summer 2016 6-7 Park Row Leeds station, southern entrance SUMMARY g Leeds has strengthened its position as one of the key regional cities in
More informationNatWest UK Regional PMI. Slowdown in UK growth in November led by downturn in London business activity
NatWest UK Regional PMI Embargoed until 0101 UK (0101 UTC) 10 December 2018 Slowdown in UK growth in November led by downturn in London business activity Key Findings East Midlands leads regional output
More informationWelcome. CoStar Group is pleased to announce the winners of the 2015 Agency Awards!
CoStar Agency Awards 2015 Welcome to the 2015 CoStar Agency Awards CoStar Group is pleased to announce the winners of the 2015 Agency Awards! Welcome to the 2015 CoStar agency awards. We are proud to recognise
More informationNHBC NEW HOME STATISTICS REVIEW Q3 2017
NHBC NEW HOME STATISTICS REVIEW 2017 NHBC statistics represent a unique source of detailed up-to-date information on new home construction and the house-building industry. The figures relate to new homes
More informationFOR SALE. thecoreaberdeen.com AB23 8BD
FOR SALE COMMERCIAL DEVELOPMENT LAND (20.96 ACRES) COMPETITIVELY PRICED The Core, Bridge of Don, Aberdeen, AB23 8BD ABERDEEN HARBOUR ABERDEEN INTERNATIONAL AIRPORT CITY CENTRE ROYAL ABERDEEN GOLF CLUB
More informationBelgrade City Report Q City Reports
Belgrade City Report Q2 2016 City Reports GDP Growth Q1 (y-o-y) Net Salary May Economy & Investment Economics 3.5% Inflation May y-o-y 0.7% 452 Unemployment Rate Q1 19% Retail Sales Index April y-o-y 7.4%
More information4O,OOO - 41O,OOO sq ft
FOR SALE/TO LET DETAILED PLANNING IN PLACE SKILLED LOCAL LABOUR POOL UP TO 3OM EAVES PROMINENT ROAD FRONTAGE from 4O,OOO - 41O,OOO sq ft build-to-suit opportunity (17.54 acre site) DELIVERY WITHIN 12 MONTHS
More informationGRILLO EUROPE UK PROPERTY MARKET OCTOBER Independent Property Consultants. Economic Background
GRILLO EUROPE Independent Property Consultants UK PROPERTY MARKET OCTOBER 2014 Economic Background In our mid-year update we suggested that the strong performance of the UK economy would result in an early
More informationSOUTH STREET ST ANDREWS KY16 9QD
106 110 SOUTH STREET ST ANDREWS KY16 9QD FOR SALE High profile office investment in one of the UK s most prestigious market towns Investment Considerations High profile office investment in one of the
More information00: Not for broadcast or publication before 00:01 Hrs Monday 20th June 2011
Press Release Embargoed until: 00:01 20.06.11 Not for broadcast or publication before 00:01 Hrs Monday 20th June 2011 This is the Halifax review of economic and price performance at a local level. The
More informationMARKET UDPATE Q THAMES VALLEY & WEST LONDON
MARKET UDPATE Q1 218 THAMES VALLEY & WEST LONDON MARKET UPDATE Q1 218 THAMES VALLEY & WEST LONDON Following a positive end to 217, the Thames Valley has had a steady first quarter with leasing activity
More informationKINGSWAY BUSINESS PARK, JOHN MILNE AVE, ROCHDALE OL16 4NG KINGSWAY216.COM
KINGSWAY BUSINESS PARK, JOHN MILNE AVE, ROCHDALE OL16 4NG KINGSWAY216.COM STRATEGICALLY DESIGNED 216,410 SQ FT WAREHOUSE & OFFICES A 216,410 sq ft speculative development currently under construction,
More informationNatWest UK Regional PMI
NatWest UK Regional PMI Embargoed until 0101 UK (0101 UTC) 14 January 2019 East Midlands is top performing region in 2018 despite strong finish from the North West Key Findings 2018 ends with North West
More informationUK Office Market Outlook H1 2014
UK Office Market Outlook H1 Investors target the regions Notwithstanding strong levels of activity, the occupational market has been overshadowed by the investment market where demand far outstrips supply
More informationQ UK Research & Forecast Report
London Offices Snapshot Q1 2018 UK Research & Forecast Report BARNET HARINGEY WALTHAM FORREST Q1 2018 DEALS MAP ISLINGTON BRENT CAMDEN KENSINGTON WESTMINSTER HACKNEY NEWHAM HAMMERSMITH CITY TOWER HAMLETS
More informationConsented 4 million sq ft scheme over 250 acres Manufacturing/distribution opportunities
1/J4 BOLTON BL5 1BT Consented 4 million sq ft scheme over 250 acres Manufacturing/distribution opportunities Design and build Speculative build Plots available Adjacent to junction 4 on 1 Opportunities
More informationRESEARCH CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE
CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE EDITORIAL Brexit still dominates the headlines and a lack of certainty
More informationFOR SALE. thecoreaberdeen.com AB23 8BD
FOR SALE COMMERCIAL LAND (20.96 ACRES) INCLUDING A HIGH PROFILE INDUSTRIAL UNIT WITH OFFICES (27,000 SQ FT) The Core, Bridge of Don, Aberdeen, AB23 8BD ABERDEEN HARBOUR ABERDEEN INTERNATIONAL AIRPORT CITY
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 4 2 TAKE-UP 1,750,276 SQ FT PRIME RENTS 37 PSF INVESTMENT VOLUME 708m 64% ABOVE 10 YEAR AVERAGE TAKE-UP was a record year in the Manchester office market, with
More informationPRIME RETAIL RESIDENTIAL DEVELOPMENT OPPORTUNITY
PRIME RETAIL RESIDENTIAL DEVELOPMENT OPPORTUNITY INVESTMENT SUMMARY z Royal Leamington Spa is an attractive, affluent spa town located in the heart of Warwickshire, with a loyal and affluent catchment
More informationJanuary 2018 UK Research & Forecast Report
London Offices Snapshot January 2018 UK Research & Forecast Report BARNET HARINGEY Figure 1: London Offices Take-up YEAR ON YEAR INDICATORS WALTHAM FORREST New/Refurb Second-hand Pre-let Average LONDON
More informationDerwent London plc ( Derwent London / the Group ) INTERIM MANAGEMENT STATEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2012
9 May 2012 Derwent London plc ( Derwent London / the Group ) INTERIM MANAGEMENT STATEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2012 ROBUST LETTINGS AND PLANNING PROGRESS CONTINUE Highlights Lettings: 23
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 2 2018 2 327,035 SQ FT 53,839 SQ FT by WSP PRIME YIELDS 4.50% Following a record first quarter takeup, the Manchester office market saw 327,035 sq ft in 76 deals
More informationFOR SALE - TWO PRIME WEST END TOWNHOUSES WITH REDEVELOPMENT POTENTIAL
FOR SALE - TWO PRIME WEST END TOWNHOUSES WITH REDEVELOPMENT POTENTIAL 40-42 MELVILLE STREET EDINBURGH, EH3 7HA www.rettie.co.uk/developments/melvillestreet SUMMARY Prime West End townhouses with outstanding
More informationMARKETBEAT. Queenstown Regional. Residential
Winter 2016 MARKETBEAT RESEARCH NEWSLETTER Queenstown Regional Queenstown is booming. A surging tourism sector drawing in more workers, coupled with an increasing wave of lifestylers and rising investor
More informationLONG LET RETAIL INVESTMENT WITH ALTERNATIVE USE POTENTIAL
FOR SALE LONG LET RETAIL INVESTMENT WITH ALTERNATIVE USE POTENTIAL 3-9 ACADEMY STREET INVERNESS IV1 1JN INVESTMENT SUMMARY Prominent city centre location One of Europe s fastest growing cities Flexible
More informationFocus on Scotland Hot E Masterclass Wednesday 17 th September 2014
Focus on Scotland Hot E Masterclass Wednesday 17 th September 2014 Graeme White Sector Head Tourism Scottish Development International www.sdi.co.uk Tourism Investment Landscape Colm Lauder, Senior Associate,
More informationNOT FOR BROADCAST OR PUBLICATION BEFORE 00.01HRS SATURDAY 9 DECEMBER 2017 SALES OF MILLION POUND HOUSES IN SCOTLAND FALL BY A THIRD
NOT FOR BROADCAST OR PUBLICATION BEFORE 00.01HRS SATURDAY 9 DECEMBER 2017 SALES OF MILLION POUND HOUSES IN SCOTLAND FALL BY A THIRD Scottish million pound property sales fell by over a third (35%) in the
More informationFrasers Centrepoint Limited strengthens UK and Europe platform with acquisition of a high quality portfolio of business parks
Frasers Centrepoint Limited strengthens UK and Europe platform with acquisition of a high quality portfolio of business parks Aggregate consideration of 686 million 1 for four business parks Entry into
More informationMulti-let industrial estates Track record
Multi-Let Industrial Estates Track record We retain Knight Frank to advise on a number of our multilet assets throughout the South West. We find the advice we receive is current and insightful. We rely
More informationBrisbane. Executive Summary. Economic Overview. Q Industrial Market Commentary
Q3 2017 Industrial Market Commentary Brisbane Executive Summary The Brisbane industrial market is showing tangible signs of improvement, after relatively soft leasing conditions in 2016. Gross take-up
More informationSofia City Report H City Reports
Sofia City Report H1 2016 City Reports Gross Salary Q1 Economy & Investment GDP growth Q1 y-o-y 2.9% 650 Inflation May y-o-y - 2.0% Unemployment Rate Q1 8.6% Source: National Statistical Institute of Republic
More informationOXFORDSHIRE SPRING 2019
OXFORDSHIRE SPRING 219 OUTLOOK SUMMARY Oxfordshire is proving highly resilient to the wider economic uncertainty, helped by its focus on the knowledge sectors, which are driving market activity. The main
More informationMILLION POUND HOUSE SALES ON THE RISE
NOT FOR BROADCAST OR PUBLICATION BEFORE 00.01 HRS 05/11/2016 The Lloyds Bank Million Pound Property Report tracks all annual residential property sales of at least 1 million i.e. the prime market in Great
More informationLISBURN CASTLEREAGH BELFAST
LISBURN CASTLEREAGH BELFAST Northern Ireland s best connected investment location INVEST LISBURN CASTLEREAGH PREMIER INVESTMENT LOCATION, VAST POTENTIAL is located on the edge of Northern Ireland s (NI)
More informationConstruction Industry Focus Survey. Sample
Construction Industry Focus Survey 1 CONTENTS Executive Summary 1 1. Leading Activity Indicator 2 2. Activity by sector and constraints Residential, Non-residential, Civil Engineering 3. Orders and Tenders
More informationAustralian Property Directions Survey Commercial, Industrial, Retail and Trusts
Australian Property Directions Survey Commercial, Industrial, Retail and Trusts NOVEMBER 2016 This is the 36th API Australian Property Directions Survey conducted by the Australian Property Institute.
More informationUK Hotel Market Report 2012
UK Hotel Market Report 2012 2011: A year in review The UK was the most active hotel investment market in Europe, underpinned by a number of significant deals such as Blackstone Group s acquisition of the
More informationManufacturing/distribution opportunities 20, ,000 sq ft
/J4 GREATER MANCHESTER BOLTON BL5 1BT Manufacturing/distribution opportunities 20,000-375,000 sq ft Speculative build Plots available Adjacent to junction 4 on 1.8 million sq ft completed or under construction
More informationManufacturing/distribution opportunities 20, ,000 sq ft
1/J4 GREATER MANCHESTER BOLTON BL5 1BT Manufacturing/distribution opportunities 20,000 375,000 sq ft Design and build Speculative build Plots available Immediately adjacent to junction 4 on 1 0 and within
More information87-91 Albion Street & 23 Butts Court, Leeds LS1 6AG. Prime Mixed use Investment with Asset Management Opportunities
87-91 Albion Street & 23 Butts Court, Leeds LS1 6AG Prime Mixed use Investment with Asset Management Opportunities To w n H a l l The Light Park Row City Square St. Johns Centre The Property Victoria Quarter
More informationLEEDS CITY REGION SPRING 2019
LEEDS CITY REGION SPRING 219 OUTLOOK SUMMARY The arrival of Channel 4 is raising the profile of Leeds and should act as a catalyst for further inward investment in the creative and media sectors. Significant
More informationAberdeen and North East Property Market
SPOTLIGHT Savills Research Spotlight - Winter 218 Aberdeen and North East Property Market market outlook Developer survey findings Commercial and Rural update Overview Aberdeen and North East Aberdeen
More informationStapleton s Tyre Services Telford Way, Wakefield 41 Industrial Estate, Wakefield, WF2 0XW
Stapleton s Tyre Services Telford Way, Wakefield 41 Industrial Estate, Wakefield, WF2 0XW Industrial Sale and Leaseback Opportunity Let to Stapleton s Tyre Services with Guarantee from European Tyre Enterprise
More informationIntroducing. Our brands, our proposition, our property
Introducing Our brands, our proposition, our property Two powerful hotel brands 2 Focused on our customers Passionate about quality, service, consistency and value Multi-award winning Brands that put the
More informationCris Tarrant CEO (BVA State of the Nation. Joe Stather Associate Director #2018HIF
Cris Tarrant CEO (BVA BDRC) @cristarrant State of the Nation Joe Stather Associate Director (CBRE) @joestather #2018HIF Cris Tarrant CEO (BVA BDRC) @cristarrant Trends & Spends Joe Stather Associate Director
More information2.1% 3.0% 12.9% Inflation December 2017 y-o-y. Retail Sales, November 2017 y-o-y
City Report Q4 2017 2.1% 3.0% 12.9% GDP Growth Q3 2017 y-o-y Inflation December 2017 y-o-y Unemployment rate Q3 2017, Belgrade 495 6.6% 5.5% Net Salary November 2017, Belgrade Retail Sales, November 2017
More information92% OF VISITORS SPEND ON RETAIL 124 AVERAGE RETAIL SPEND 13M ESTIMATED ANNUAL FOOTFALL
THE LEADING SHOPPING & LEISURE DESTINATION SERVING THE EAST, NORTH & SOUTH EAST OF GLASGOW, WITH A CATCHMENT OF 2M PEOPLE Glasgow Fort s striking architectural horseshoe shape design mirrors a traditional
More informationAnnual General Meeting
Annual General Meeting 17 July 2018 www.britishland.com @BritishLandPLC A year of progress John Gildersleeve, Chairman Robust financial performance Net asset value (NAV) up 5.7% to 967p Valuation uplift
More informationFrom the biggest project. To the smallest detail.
From the biggest project To the smallest detail. FROM THE BIGGEST PROJECT TO THE SMALLEST DETAIL WE VE GOT IT COVERED Tuffin Ferraby Taylor (TFT) Manchester advises commercial property investors, owners
More informationZAMBIA: PROPERTY MARKET OVERVIEW
Zamreal 2017 TIM WARE & DANIEL M KATONGO ZAMBIA: PROPERTY MARKET OVERVIEW Zamreal September 2017 COUNTRY OVERVIEW MARKET HIGHLIGHTS Zambia is a politically stable country with a fast-growing economy, which
More informationESSENTIAL TRENDS. BID Market Intelligence ISSUE 101 FIGURES FOR FEB 2019
ESSENTIAL TRENDS BID Market Intelligence ISSUE 101 FIGURES FOR FEB 2019 Introduction Welcome to our latest edition of Essential Trends reporting on Edinburgh s footfall during February and March and the
More information3.5% 2.3% 2.2% Inflation March Purchasing power per capita 2016 Prague
City Report Q1 2018 3.5% 2.3% 2.2% GDP Growth F2018 Inflation March 2018 Unemployment rate March 2018 Prague 1,539 10,526 3.8% Average Monthly Salary Q4 2017 Prague Purchasing power per capita 2016 Prague
More informationURBIS STORAGE INDEX 31 DECEMBER 2017 RELEASED MARCH
URBIS STORAGE INDEX 31 EMBER 2017 RELEASED MARCH 2018 PERTH JOINS THE URBIS STORAGE INDEX In recognition of the increasing importance of the Perth self storage market for investment, we have now undertaken
More informationSpotlight Regional Office Market Review & Outlook February 2016
Savills World Research UK Commercial Spotlight Regional Office Market Review & Outlook February 2016 The BBC are relocating their Welsh HQ to Central Square, in Cardiff City Centre, where they will take
More informationQUARTERLY UPDATE 31 MARCH 2017
AUSTRALIAN PROPERTY OPPORTUNITIES FUND QUARTERLY UPDATE 31 MARCH 2017 The Australian Property Opportunities Fund (APOF I or the Fund) is pleased to provide this update for the March quarter 2017 (Q1 2017)
More informationAnnual Review
2016 @henrybootdev 2 3 Managing s review 2016 was a great year David Anderson Managing Henry Boot Developments Welcome to the first Henry Boot Developments. I hope it will give you a better insight into
More informationHIGH YIELDING CITY CENTRE OFFICE INVESTMENT WEST GLAMORGAN HOUSE ORCHARD STREET SWANSEA SA1 5AD
HIGH YIELDING CITY CENTRE OFFICE INVESTMENT WEST GLAMORGAN HOUSE ORCHARD STREET SWANSEA SA1 5AD 1 WEST GLAMORGAN HOUSE ORCHARD STREET SWANSEA SA1 5AD Valuation Office Agency Virgin Atlantic Coastal Housing
More informationAviation Trends. Quarter Contents
Aviation Trends Quarter 3 215 Contents Introduction... 2 1. Historical overview of traffic... 3 a. Terminal passengers... 4 b. Commercial flights... 5 c. Cargo tonnage... 6 2. Terminal passengers at UK
More informationDOMINANT LEISURE INVESTMENT THE BARRACKS, FORTHSIDE, STIRLING FK8 1QZ
DOMINANT LEISURE INVESTMENT THE BARRACKS, FORTHSIDE, STIRLING FK8 1QZ INVESTMENT SUMMARY Stirling is a regionally dominant retail and leisure destination which attracts a host of high profile national
More information229 HIGH STREET & GANDY STREET EXETER EX4 3NE PRIME FREEHOLD RETAIL & RESTAURANT INVESTMENT FOR SALE
229 HIGH STREET & 32-33 GANDY STREET EXETER EX4 3NE PRIME FREEHOLD RETAIL & RESTAURANT INVESTMENT FOR SALE INVESTMENT SUMMARY Prime retail and restaurant investment situated in the historic Cathedral and
More informationNatWest UK Regional PMI
NatWest UK Regional PMI Embargoed until 0101 UK (0101 UTC) 12 March 2019 Wales, East Midlands and North West the main bright spots in an otherwise subdued picture Key Findings Wales and East Midlands lead
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 3 2 479,637 SQ FT 225,000 SQ FT Pre-let to Booking.com INVESTMENT VOLUME 147m Leasing activity in the Manchester office market for the first three quarters of
More informationRetail The UK retail hierarchy: Beyond the shopping centre pipeline
Retail The UK retail hierarchy: Beyond the shopping centre pipeline Received (in revised form): 2 October 2006 Andrew Go odwin is a partner at Donaldsons; independent property consultants in the UK and
More informationINDUSTRIAL UNITS FROM 3, ,000 SQFT
WELL-ESTABLISHED INDUSTRIAL ESTATE, LONG BENNINGTON, nottingham, NG23 5FF INDUSTRIAL UNITS FROM 3,000-220,000 SQFT (North) Junction (To and From the North) Long Bennington Junction (To and From the South)
More informationWOLVERHAMPTON - WV11 3DR 3O,OOO - 134,OOO SQ FT BRAND NEW PRODUCTION / WAREHOUSE UNITS TO LET - AVAILABLE Q PANTHEONPARK.UK
WOLVERHAMPTON - WV11 3DR 3O,OOO - 134,OOO SQ FT BRAND NEW PRODUCTION / WAREHOUSE UNITS TO LET - AVAILABLE Q4 2019 PANTHEONPARK.UK PANTHEON PARK ABOUT THE DEVELOPMENT 03 AN EXCEPTIONAL OPPORTUNITY i54 SOUTH
More informationJan-18. Dec-17. Travel is expected to grow over the coming 6 months; at a slower rate
Analysis provided by TRAVEL TRENDS INDEX DECEMBER 2018 CTI reading of 51.8 in December 2018 indicates that travel to or within the U.S. grew 3.6% in December 2018 compared to December 2017. LTI predicts
More informationERA Monthly Market Analysis
ERA Monthly Market Analysis May 2016 Introduction For the production of these statistics in the following report, ERA has teamed up with partners Seabury and Innovata to provide a comprehensive analysis
More informationRetail. OSCAR 2015 Service charge analysis for shopping centres
Retail OSCAR 2015 Service charge analysis for shopping centres Foreword Our industry has been through some particularly difficult times of late and whilst significant challenges remain in certain areas,
More informationZagreb City Report H City Reports
Zagreb City Report City Reports GDP Growth Q1 y-o-y Inflation May y-o-y Net Salary April Economy & Investment Economics 0.2% 870 Unemployment Rate Q1 2.7% Retail Sales Index May y-o-y 3.9% Tourist Arrivals
More informationHIGH YIELDING PRIME RETAIL INVESTMENT MURRAYGATE AND ALBERT SQUARE, DUNDEE, DD1 2BB
HIGH YIELDING PRIME RETAIL INVESTMENT 48 60 MURRAYGATE AND 37 41 ALBERT SQUARE, DUNDEE, DD1 2BB 0131 226 0333 www.lsh.co.uk Investment Summary Prime high street retail investment Let to Tesco Stores Ltd
More informationMANORVIEW HOUSE Kings Manor, Newcastle upon Tyne, NE1 6PA SINGLE LET OFFICE INVESTMENT WITH VALUABLE STUDENT REDEVELOPMENT POTENTIAL
Newcastle upon Tyne, NE1 6PA SINGLE LET OFFICE INVESTMENT WITH VALUABLE STUDENT REDEVELOPMENT POTENTIAL Investment Summary Single let office investment with significant redevelopment potential, occupying
More information70 ACRE PRIME INDUSTRIAL AND LOGISTICS SITE WITH OUTLINE PLANNING CONSENT FOR GENERAL INDUSTRIAL (B2) AND WAREHOUSE (B8) USES. NEW UNITS AVAILABLE FROM 50,000 SQ FT UP TO 300,000 SQ FT. www.markhamvale.co.uk
More informationLMW Link. Brisbane CBD Office ~ August For more information. Brisbane CBD Office Indicators
~ August 216 Indicators Indicator Jul 214 Jan 215 Jul 215 Jan 216 Jul 216 Total Stock 2,199,1 2,193,83 2,158,29 2,157,34 2,261,878 Vacancy Rate 14.7% 15.5% 14.9% 14.9% 16.9% Annual Net Absorption (sq m)
More information* plus a top up at rent review
CENTRAL LONDON OFFICE MARKET - Q2 2015 WEST END CENTRAL LONDON OFFICE MARKET - Q2 2015 CITY Office rents and vacancy rates Quarterly take-up levels increased by 13% in Q2 2015 to reach 757,150 sq ft. This
More information1 & 2 CHAPMAN S YARD, SCARBOROUGH. well secured, large space, freehold, retail investment
1 & 2 CHAPMAN S YARD, SCARBOROUGH well secured, large space, freehold, retail investment Investment Considerations A prominent location on Chapman s Yard connecting St Thomas Street to North Street Close
More information9 Colliergate, York. Investment Considerations. Rare Freehold Retail Investment
Investment Considerations - Rare Freehold in historic City of York - Let to growing business at an affordable rent - Grade II Listed property - Ideal SIPP purchase - Offers in excess of 630,000, subject
More information