The CBRE Retail team knows retail property. Our teams cover retail agency, out of town, shopping centres, lease consultancy and capital markets as well as corporate occupier services, research and consultancy. Based in the west end of London we have an extensive team covering central London retail as well as offices across the rest of the UK specialising in local retail knowledge.
Contact one of our experts today to find out how we can help you: +44 (0)20 7182 2000
Follow CBRE on LinkedIn for our insights on the UK commercial property market:
Total returns for All Property were 1.5% in October, driven by capital value growth of 1.1% over the month.
All Property recorded rental value growth of 0.3% over the month, equalling September’s strong result.
Industrial sector saw strong total returns of 2.3% in October: year to date returns for the sector are 21%, ahead of City and West End offices
Strong capital value growth driven by falling yields in the UK means that total returns at the ‘All Property’ level in the first three quarters of 2014 have already surpassed those for 2013 as a whole. This is also true of all the segments monitored in CBRE’s monthly index, with the exception of West End offices.
Global real estate consultants CBRE have brought together the UK’s leading grocery market commentators to investigate the turmoil unfolding in the supermarket industry.
Contributors include Kantar Worldpanel, IGD, IMRG, Conlumino, Retail Locations, DSR Marketing, Bubb Retail Consultancy, London School of Economics, members of the KPMG/Ipsos Retail Think Tank together with property market experts from CBRE’s supermarkets team.
From 1 April 2015 a new property transaction tax will launch in Scotland, replacing the existing UK wide Stamp Duty Land Tax (SDLT). Land and Buildings Transaction Tax (LBTT) becomes the first tax to be levied and collected in Scotland since the Act of Union in 1707.
As part of the draft Scottish Budget for 2015-16, the detailed bands and rates that will apply upon launch have now been announced. For the first time we can assess the impact of the tax’s introduction.
This ViewPoint outlines what those bands and rates are, how LBTT will be calculated for both residential and non-residential properties, and how the tax due will differ from SDLT.
The report also outlines the impact LBTT may have on commercial property values in Scotland.
Total returns for All Property were 1.6% in September, driven by capital value growth of 1.2% over the month.
Significant improvements were seen in the rate of rental value growth across all main sectors in September. All Property recorded rental value growth of 0.3% over the month, the strongest rate since December 2008.
While the other property sectors saw rental values start to pick up some time ago, the retail sector has lagged behind. As a whole the retail sector recorded rental value growth of 0.3% in the month.
Strong capital value growth in the UK means that total returns at the ‘All Property’ level in the first three quarters of 2014 have already exceeded those for 2013 as a whole. This is also true of all the segments monitored in CBRE’s monthly index, with the exception of West End offices.