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April 28, 2025
Better outlook forecast for London hotels after a weak start to 2025
London’s hotel market is expected to recover from a poor first quarter, when fewer events and cooler demand from business visitors negatively impacted occupancy and average room rates.
April 25, 2025
Dominant sectors to power Leeds office job growth above the national average
The two dominant office employment sectors in Leeds are expected to see the strongest growth over the next five years. According to Oxford Economics, the "administrative and support" and "professional, scientific and technical" sectors account for 58% of Leeds’ 213,000 office-related jobs. They are expected to grow by 10.2% and 9.8%, respectively, by 2029.
April 24, 2025
UK retail take-up surges as the consumer environment improves
National retail take-up climbed to a post-pandemic high in the first quarter of 2025 as retailers looked beyond April tax rises and committed to new store openings amid an improving consumer environment.
April 22, 2025
Still offside? Vacancies fall and rents recover in the home of VAR
Stockley Park is now synonymous with football fans’ frustration at the time-wasting imperfections of the Video Assistant Referee, its most famous office tenant, but might it now be time for investors to take another look at the traditionally high-vacancy borough of Hillingdon to see whether it still merits a red card?
April 22, 2025
European hotel room supply growth will be greatest in underdeveloped destinations
While hotel development has slowed across most Northern and Western European countries, underdeveloped Eastern European and Central Asian countries are expected to witness the biggest growth in room supply, according to CoStar data.
April 17, 2025
UK domestic leisure destinations should see a boost in performance this Easter
Domestic leisure destinations are likely to receive a welcome demand boost during the Easter holidays, according to Forward STAR data as of 7 April.
April 16, 2025
US inbound international travel takes 12% hit as economists postpone pre-pandemic recovery to 2029
Whatever hopes the travel industry had in a full recovery to 2019 levels of travel bookings this year have officially been dashed, according to one economist.
April 16, 2025
Tenants throw the book at Bloomsbury as office vacancy climbs to a near-record high
The literary heartland of Bloomsbury, which sits in London’s Midtown to the north of Covent Garden and west of Clerkenwell and houses the Charles Dickens Museum, has struggled with office demand losses in recent years. However, the latest take-up trends bode well for a near-term recovery.
April 15, 2025
Leeds industrial vacancy is lowest across Yorkshire markets
Contrary to most UK industrial markets over the past two years, the vacancy rate across the Leeds market has remained low. Steady leasing activity and balanced net absorption have kept vacancy rates in check, which has been supported by a slowdown in construction activity.
April 15, 2025
UK hotel performance trends downwards during the first quarter of 2025
Preliminary first-quarter revenue per available room results point to softer trading performance for UK hotels, according to CoStar data.
April 14, 2025
London office market recalibrates as large-lease activity slows
Over the last six months, rising corporate borrowing costs and an uncertain economic outlook have impacted business confidence. During that time, the 12-month rolling take-up figure for large leasing deals has fallen correspondingly.
April 11, 2025
UK economy posts surprise gains in February
UK gross domestic product rose by 0.5% in February, well above analysts’ expectations of 0.1% growth, as all main sectors posted increases. The acceleration in growth comes after estimates for January were revised upwards from minus 0.1% to 0.0%.
April 10, 2025
City outperforms rival London office submarkets in post-pandemic demand recovery
Demand for office space in London’s City office market has been stronger than in any other area of the capital since the beginning of the pandemic. Office take-up in the City over the last five years has only been around 20% lower than the preceding five-year average. Across London, demand was more than 30% lower, falling to more than 40% lower in markets such as Midtown and Docklands.
April 10, 2025
Turning point? UK office vacancy rate falls for the first time in five years
Rising global uncertainty failed to dent the recovery in the office occupier market in the first quarter of 2025 as take-up remained resurgent and net demand turned positive for the first time in five years. This allowed vacancies to compress slightly after several years of increases.
April 9, 2025
How has the arrival of the Silvertown Tunnel affected local real estate markets?
Infrastructure projects in London have traditionally profoundly affected local commercial real estate. In 1999, the opening of the Jubilee Line extension connecting Green Park to Stratford via Canary Wharf helped open up stations along the line to substantial new commercial and residential development. Likewise, the opening of the Elizabeth line in 2022 helped drive up office rents around stations in the central section and residential values in surrounding areas.
April 8, 2025
European hotels see bifurcated performance within bumpy travel outlook
BERLIN — During periods of uncertainty, data can provide hoteliers with some sense of footing as they try to make their way forward.
April 8, 2025
I came, I saw, iPort: Doncaster industrial springs back to life
The Doncaster industrial leasing market has sprung back to life this year after a two-year lull that followed the boom during the pandemic.
April 7, 2025
London hotel rooms under construction slump to a five-year low, but that could soon change
Hotel rooms under construction in London reached their lowest point in February in more than five years, decreasing by 37% from their peak in May 2021, according to CoStar data.
April 4, 2025
Office vacancies in Docklands Core rise to the highest on record
Vacancies in London’s Docklands Core submarket, which includes Canary Wharf, rose to record heights in the first quarter of 2025 as demand continued to weaken. Docklands Core has one of the highest vacancy rates of any London submarket at almost 19%, its highest recorded level and up from below 4% eight years ago.
April 2, 2025
Paddington is far from bearish as office vacancy falls and rents rise
Paddington’s success story has continued in 2025, with positive demand pulling office vacancies down to the lowest level in central London. Investors may soon follow, although a bumper transaction has recently been shelved.