29 May
Posted by: Simon Page in: Market Reports, Property News
A survey in January and February 2008 of 54 property investors and bankers (controlling funds worth €130billion and €265billion respectively) reveals diverging options about European commercial real estate markets.
Bankers are far more pessimistic (and confused) about UK property than investors, but are most optimistic about the new central and eastern EU states and Germany.
The UK [...]
Here are some of the brief outline in CBRE’s latest residential investment report (download full version below):
Residential investment demand is undergoing a slowdown, exacerbated by the credit crunch. Demand is likely to remain weak until both the housing and credit markets stabilise. In the interim, we expect equity-driven buyers to fill some of this void.
Our [...]
Independent property finance advisory firm Red Chilli has outsourced its disaster recovery and backup systems to Thinking Safe.
The company, which specialises in arranging funding for property projects, will use a service which automatically backs up data as it is stored in the company’s server portfolio. Previously, Red Chilli IT staff had to back data up [...]
26 May
Posted by: Simon Page in: Commercial Mortgage, Property News, Red Chilli News
Red Chilli Structured Finance has strong relationships with over 500 key commercial property finance lenders offering senior debt, mezzanine finance, joint venture partnerships and equity assuring our clients receive quick and effective route to any finance needed with a special emphasis on maximising return on capital.
“Our property advisory team will be happy to discuss your requirements and explore how we can [...]
23 May
Posted by: Simon Page in: Market Reports, Property News
See below for the full PDF version of the Construction Review Q1 2008
It is clear from walking the streets of Britain’s cities that the days of high rise living are returning and research using Barbour ABI data has put numbers to this changing residential topography, underlining just how dramatic the change has been.
The new research for [...]
EQ, a quarterly bulletin analysing pan-European investment activity in real estate, real estate market trends and emerging issues related to office, retail and industrial markets provided by DTZ Research.
This edition of EQ features articles on REITs and Spanish real estate.
EQ: European Quarterly - May 08 PDF
16 May
Posted by: Simon Page in: Market Reports, Property News
Speculative construction has risen even further in London but the pace of increase has slowed dramatically. However, this will not stop rents falling.
Once again the highly cyclical London market has left developers wondering where they are going to find tenants for their new buildings. The change in market conditions from this time last year has [...]
GVA Grimleys quarterly economic and property market review.
Overview of recent performance
All Property rental growth has continued to slow, to 3.35% year-on-year in January, compared with 3.9% pa three months previously (IPD Monthly Index). However, rents only increased by 0.5% over the three months to January, equivalent to 2.2% annualised (down from an annualised 4.1% pa [...]
Detailed report from Jones Lang LaSalle:
“Leasing volumes in the six months to March fell 28% compared with the six months to September, despite a reasonable first quarter. We expect take-up to be subdued over 2008. Tenants control almost 2.8 million sq ft of supply across London. While weexpect this quantum to increase we do not expect it to [...]
The latest May edition of CBRE Monthly Index has come out. The big headline being that property rental growth has effectively stalled in April and that the Bank of England face an issue as the economy slows and CPI inflation rises how can they further cut interest rates. You can read the full edition below:
CBRE UK Month [...]
08 May
Posted by: Simon Page in: Commercial Mortgage, Market Reports, Property News
Bank of England’s lending figures for Q1 2008 were quite sound and surprising. (Albeit the addition of Building society data for the first time gave it more of an upside).
Kelvin Davidson from Capital Economics remarked: ”Looking ahead, it seems likely to us that over the medium term a positive financing gap will exist between commercial property income returns [...]
Below is the latest Central London Q1 2008 Review from Knight Frank. Some key points:
Take-up recovered in the first quarter after the significant fall witnessed at the end of 2007. 3.1 m sq ft was transacted across Central London, which was 18% higher than the previous quarter but still 11% below average.
Active demand rose by 7% to 9.0 [...]