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June 2008

Inflation reaches 3.3% | 17 Jun 2008 Inflation reaches 3.3%

Inflation has reached 3.3 per cent, based on the consumer prices index (CPI).The governor of the Bank of England, Mervyn King, is now required to write to the government and ......

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Residential 'could follow commercial property model' | 16 Jun 2008 Residential 'could follow commercial property model'

The residential property market could move to a commercial property model.A spokesperson for the British Property Federation told the BBC investment for new homes would be stimulated by the move.Andrew ......

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CBI: 2009 showing slowest growth in 17 years | 16 Jun 2008 CBI: 2009 showing slowest growth in 17 years

The Confederation of British Industry (CBI) has warned the UK economy will grow at its slowest rate in 17 years in 2009.Its report out today says rising energy costs will ......

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Hermes sale shows commercial property demand | 13 Jun 2008 Hermes sale shows commercial property demand

The sale of Mayfair offices by Hermes Real Estate has confirmed strong demand remains for commercial property in London.The building at 3/5 Burlington Gardens was sold for more than £75 ......

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Weather spoils commercial property claims | 13 Jun 2008 Weather spoils commercial property claims

Commercial property insurance claims from weather related damage have risen 730 per cent, a new study has found.Datamonitor's Market Developments in Commercial Property Insurance 2008 report, has revealed the cost ......

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London has seven builds for PM's award | 12 Jun 2008 London has seven builds for PM's award

London has seven separate builds shortlisted for the Prime Minister's Better Public Building Award 2008.The finalists include community centres, theatres, schools and Langdon Park DLR station."Good design in building matters. ......

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Legal & General: Banks are on the retreat | 12 Jun 2008 Legal & General: Banks are on the retreat

Banks are retreating form UK commercial property lending, a leading fundmanager has claimed.Michael Barrie, head of balanced property funds at Legal & General(L&G), has told CityWire the outlook for commercial ......

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Commercial property development slows | 11 Jun 2008 Commercial property development slows

Development activity in May has remained low, new research has found.Savills and NTC Research's Commercial Development Activity Index has revealed three times as many developers have seen development slow compared ......

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Govt sets new eco build targets | 11 Jun 2008 Govt sets new eco build targets

The government and industry have released new eco build targets for the construction industry.The targets are designed to improve productivity, efficiency and sustainability and include compulsory bio diversity surveys for ......

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Banks could call in commercial property loans | 10 Jun 2008 Banks could call in commercial property loans

Banks could call in commercial property loans if prices continue to fall, one industry advisor has claimed.Potentially, the banks could call in billions of pounds, Michael Slade, chief executive officer ......

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