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 report recommending a package of proposals to expand opportunities for custom and self-build housing could play a role in tackling the UK’s housing crisis, according to the Land Promoters and Developers Federation (LPDF).
Phase two of a major redevelopment, which has transformed a Midlands landmark office building into 250 high quality apartments, has been revealed today by Urban Village Group.
Services, manufacturing and pharma sectors driving European office demand as yields move in, says Savills
According to Savills latest research, there has been a shift in demand for European office space away from the tech sector (21 per cent to 14 per cent of take up yoy), towards the advanced manufacturing and pharmaceutical sector (increasing from 5 per cent to 13 per cent), and real estate (2 per cent to 10 per cent).
Smaller office landlords can lead the industry on reducing embodied carbon by retrofitting using high quality design, says Lateral
Research by investment manager Lateral indicates that up to 70 per cent of refurbishment carbon emissions could be saved by more environmentally conscious forms of fit out and design.
The built environment is a major contributor to global carbon emissions, which means real estate investors can make a huge difference to climate change. Kristina Foster, Fund Manager, Real Estate Debt, at Schroders Capital, explains how…