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The Latest Breaking News from JLL

Battersea Power Station launch: London’s new £9 billion neighbourhood with a restored Art Deco icon at its heart

After decades of false starts and fallouts, Battersea Power Station is reborn — but is the controversy over?

Evening Standard

Prime-grade office vacancy rate set to surge next year

The vacancy rate of prime-grade offices in central Bangkok is expected to almost double to 30% next year, the highest since 1997, largely because of the influx of future supply, creating pressure on existing grade C office space.

Bangkok Post

4 Stocks to Help You Beat the Market

The recent hotter-than-expected jobs data suggests that the Federal Reserve is on track to implement another massive rate hike in its November meeting. While recession remains a strong possibility, the stock market has already begun testing its depths. Hence, it would be wise to invest in fundamentally strong stocks Bristol-Myers…

StockNews.com

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Glasgow office tower secures hat trick of deals

Ryden, Emperic and Montague Evans have taken space for around 85 desks in total

Insider UK

RSM UK to relocate 300 Manchester staff from Spinningfields

The building is also occupied by the likes of HSBC UK, Grant Thornton and JLL

Birmingham Post

Care home village site could be turned into hundreds of flats

The site was being marketed to developers up to a year before residents and their relatives knew it would close

Bristol Post

Work starts on major industrial scheme in Filton

It is the largest new-build logistics unit available in north Bristol and is expected to be ready for occupation in April next year

Birmingham Post

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Bristol office market sees six-year high take-up activity

Property agency JLL said the city was becoming an ‘increasingly attractive’ base for professional services, tech and telecoms firms

Birmingham Post

Companies are using carrots, not sticks, to get workers back as hopes fade for post-Labor Day return to the office

CHICAGO — Michelle Feuillerat works remotely most days but makes a special effort to come into the office on Mondays or Fridays, which her firm, Zurich North America, dubs bring-your-dog-to-work days.

Chicago Tribune

Facebook contractor accused of sacking office cleaner over protests

Meta urged to act after sacking of Guillermo Camacho, union leader who protested against working conditions at London offices

The Guardian - UK

Ageing office buildings under pressure

Amid growing competition in the Bangkok office market, fuelled by a large amount of new supply in the pipeline, ageing office buildings are losing their ability to retain and attract occupiers.

Bangkok Post

Liverpool house prices 'rise higher than national average'

Rents also soared, with younger tenants prolific in the city

Liverpool Echo

The big new towers that will transform Manchester's skyline - where they will be and what it means for the city centre

The MEN spoke to property insiders to see what's being built now, what the city will look like tomorrow, and who will be able to afford it

Manchester Evening News

Inflation hits back-to-school shopping

It's not your imagination. School supplies cost more this year.

Axios

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WEKU

Binders, backpacks... and inflation are on this year's back-to-school shopping list

This year's back-to-school shopping season lands in the middle of the highest inflation in four decades — how will this affect spending?

Birmingham Post

Three firms agree deals to move into new Bristol office scheme

Law firm Clyde & Co, IOP Publishing and a ‘substantial tech firm’ have signed up for space at The Distillery in the city centre

Insider UK

Scottish office market 'remains robust' despite economic headwinds

Transactions for space of 5,000 sq ft and over rise in Glasgow, while occupier enquiries in Edinburgh hit a five-year high during May

Birmingham Post

Bristol rental growth tops UK regions as property market booms

More than a quarter of Bristol's residents are estimated to be privately renting

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Bangkok Post

Real estate transparency improves

Thailand held its ranking as the 10th most transparent real estate market in Asia-Pacific and third in Southeast Asia, according to the Global Real Estate Transparency Index from JLL and LaSalle Investment Management.

Chicago Tribune

Office workers now dash about city on their own e-scooters as use spreads to private developments

CHICAGO — Getting around downtown used to mean jumping in a car, fighting traffic, trying to squeeze into scarce parking spaces or waiting for a slow-moving bus. But some landlords are making it easy for office workers to dash about, get lunch and run errands, all without the waits or…

Birmingham Post

Big rise in rents for industrial space in Wales

Strong demand and lack of space is in the 5,000 sq ft to 100,000 sq unit sector is driving up rents

The Canberra Times

Investment group set to acquire Geoscience building

The sale price will set a new commercial property record for Canberra.

StockNews.com

3 Beaten-Down Real Estate Stocks That Look Cheap

The real estate market is expected to see significant growth in the near term with technological advancements and organizations revamping their operations from offices. Given this scenario, we think beaten-down real estate stocks Jones Lang LaSalle (JLL), Comstock Holding Companies (CHCI), and Forestar Group (FOR), which currently look cheap, could…

Evening Standard

Levelling Up and Regeneration Bill: new homes behind target across London but some boroughs worse than others

Barnet, Southwark, Wandsworth and Ealing were responsible for 30 per cent of all new homes starts in the year to March 2022

The Canberra Times

Public sector drives Canberra office vacancy rate lower

Defence and cyber security tenants are among those making significant commitments to new office space in the ACT.

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