UK retail investment volumes picked up in September to hit GBP755 million, as office and industrial activity remained steady notes Colliers in its latest Property Snapshot report.
Ecommerce sales are forecast to rise from 27 per cent to 30 per cent by 2025, resulting in an additional GBP37 billion worth of online retail sales. With every billion pounds of online retail sales requiring around 320,000 sq ft of urban logistics space, this could drive 12 million sq ft of additional last-mile fulfilment space requirements over the five years.
The latest Legal & General Rebuilding Britain Index (RBI) has underlined the scale of the housing challenges facing the UK, with the Housing index showing a second consecutive decline, leading Legal & General to call for a ‘public and private partnership approach’ to boost housing supply.
AEW has agreed to forward fund, on behalf of its open-ended pan-European core fund, EUROCORE, the development of a c49,000 sq m Grade A and fully automated logistics asset in Ridderkerk, near Rotterdam in the Netherlands.
AXA IM Alts, a specialist in alternative investments with cEUR163 billion of assets under management, has reached practical completion on the development of a c4,000 sq m office in Roppongi in Tokyo, Japan, marking the latest milestone for the business’ global development platform.
Vacant UK logistics space has fallen to 7.1m sq ft in Q3 2021, representing a record low vacancy rate of 1.53 per cent, according to the latest research from global real estate advisor, CBRE.
Cross-border real estate investment will reach record levels in 2022, according to new research from Knight Frank. The 2021 Active Capital Report, now in its sixth year, uses data and proprietary modelling to predict global real estate investment trends for the year ahead. For the first time, the capital gravity research model uses cutting-edge machine learning to identify country-by-country capital flows, type of investors behind the capital and the key sectors within different destination countries.
A move to a new form of turnover-based commercial property leases which better suit the operational needs of UK retailers and leisure operators is being held back by ‘trust issues’ around data sharing between landlords and occupiers.
AHTO Group Ltd (AHTO) ‘Affordable Homes to Own’ is to invest GBP1 billion over the next five years in Intermediate Rent-to-Buy homes.
Welput, a specialist central London office fund managed by BentallGreenOak (BGO), has committed to develop a 470,000 sq ft ultra-sustainable commercial building in Victoria, the largest speculative office scheme to come forward in London since the pandemic.
Orchard Street Investment Management (Orchard Street), a specialist commercial property investment manager, is accelerating its ESG efforts through the launch of a net zero carbon pathway.
Cross-border real estate investment will reach record levels in 2022, according to new research from Knight Frank.