Just 3.7 million sq ft of industrial/logistics space (over 100,000 sq ft footprint) was leased during H1 2009, 16% less than in the second half of last year and 75% below the first half of 2008 according to Jones Lang LaSalle’s UK Logistics Market Report 2009.

Almost all office occupiers in central London will see a large rise in their business rates bills as a result of the 2010 Rating Revaluation. 

Delivery of many office development schemes which commenced during the real estate boom period will complete in 2009 across markets in Europe, Middle East and Africa (EMEA), leading to greater choice of good quality office space for occupiers in the short-term, according to the latest research by CB Richard Ellis (CBRE).

Richard St John Williams, housing and regeneration partner at Cobbetts LLP, comments: “The £500m housing plan announced by Alistair Darling in the Budget contains a number of initiatives to help deliver the Government’s housing programme by, potentially, removing a number of the barriers within the construction industry.

Recorded property investment turnover in Central and Eastern Europe (CEE) slowed further in the first quarter (Q1) of 2009 to a level of approximately €220 million, according to CB Richard Ellis.

CB Richard Ellis Group, Inc. today announced that, as expected, the European commercial real estate investment market continued its fall with turnover for the first quarter (Q1) of 2009 totaling €11.5 billion.

Pressure over the tax on empty property will grow again as the British Property Federation (BPF) launches emptyrates.com to track the chaos of demolitions and scrapped regeneration schemes, while more importantly giving the public a voice directly to local MPs.

RICS is to set in motion a global consultation to develop an enhanced regulatory framework for valuation that will raise professional standards, improve confidence for clients and help secure the accurate valuations that underpin most economic activity.

The majority of property managers in the UK are increasingly concerned about how the recession will impact on their business in the year ahead, despite some evidence of sustained demand for residential rental property, according to an industry report by Pi-Property Insurance.

Quarterly rent payments will be due today for commercial property tenants across the country, with some fearing that retailers risk being pushed over the brink as deflation begins to take hold and cash flow dries up.

UK Plc is to be hit with over a £1 billion of extra costs because the Government refuses to heed calls to de-link Uniform Business Rates from the Retail Price Index.

Western Europe’s tallest building, the Shard London Bridge, has been in the pipeline for longer than anyone can remember, but construction is finally beginning in London today, against a backdrop of economic gloom.

Dotcom Millionaire Darren Richards and Lee Bramzell have called on Lord Peter Mandelson to do more for small businesses in the UK as the primary way of kick starting the housing market - which suffered it’s worst slump in 31 years this week.

Plans for delivering the new homes, jobs and infrastructure the East Midlands needs up to 2026 were announced by Communities Minister Sadiq Khan today.

Government's decision smacks of political hypocrisy in light of refusal to freeze business rate increase.

Birmingham City Council leader Mike Whitby will today call on investors and banks at MIPIM 2009 to help turn on a £20 billion tap.

Housing Minister Margaret Beckett has today announced new support to help councils cut their planned rent increases for tenants in the current economic climate.

Councils are being given more support to help them bring empty homes back in to use in the current economic climate, announced Housing Minister Margaret Beckett today.

The Mayor of London, Boris Johnson, today announced plans for a major scheme to revamp and revitalise some of the capital's unique public spaces and make London an even more attractive place to live, work and visit.

While HBF welcomes the fact that the Government is clearly taking the recommendations made in the Killian Pretty Review seriously, the measures proposed in the Government response released today must be implemented promptly and in full if they are to make any significant improvement to the planning application process, and so speed up housing delivery.

The UK is facing a very challenging economic climate but international property consultant King Sturge sees unprecedented opportunity in the office property market. 

A property auction in Swindon has turned into what many people might consider a tale of the unexpected.

The future of the CITB-ConstructionSkills Grants Scheme has been secured, after the industry-led Board opted to make changes that will ensure the Industry Training Board can continue to provide financial help and support to employers in these times of economic uncertainty.

The entire ground floor of a £5.5 million office development on the site of a former Rotherham school has been taken up by companies specialising in education and training.

Sheffield architects Race Cottam have returned from the UK’s largest educational exhibition, confirming their status as one of the country’s leading deliverers of high quality school projects.