Record level of returns achieved by funds

The IPD UK Pooled Property Fund Index showed that UK pooled property funds achieved a total return of 10.4% in the fourth quarter of 2009. This is the largest figure in the index’s 20 year history. This lifted the total returns for the year for UK unlisted property funds to -5.4% up from -32% in […]

Capital Values Rise At Record Rate

Capital Values Rise At Record Rate  According to CBRE’s monthly index, capital values rose by a record 3.3% in December. Retail warehouse values increased by 6.1%. Head of research at CBRE, Peter Damesick attributes the upward turn to “strong demand from overseas investors and renewed flows of money into UK property funds.” TOTAL RETURN    […]

Record £1,000 sq ft Rent on New Bond Street

Whilst retail rents are falling throughout most of the country, prime London continues to defy the trend. Swiss watchmaker and jeweller Piaget have agreed £965 per sq ft zone A at 169 New Bond Street. The previous record was set by Dolce & Gabbana on the same street in 2008. They paid a zone A […]