UK Retail : Ocado deal with Morrisons finalised to unveil online retail platform, potentially incensing Waitrose

21/05/2013

Jonathan BayfieldPosted by: Jonathan Bayfield
Retail Research
Jones Lang LaSalle EMEA Research

After a substantial amount of speculation, supermarket Morrisons will finally have an online grocery retail presence, after launching its new agreement with Ocado this week. The deal has, however, not gone unnoticed by competing supermarket Waitrose, who also have an arrangement with the delivery firm. Read the rest of this entry »

UK Retail – Ocado deal with Morrisons finalised to unveil online retail platform, potentially incensing Waitrose

21/05/2013

Jonathan Bayfield, EMEA Retail ResearchPosted by: Jonathan Bayfield
Retail Research
Jones Lang LaSalle EMEA Research

 

After a substantial amount of speculation, supermarket Morrisons will finally have an online grocery retail presence, after launching its new agreement with Ocado this week. The deal has, however, not gone unnoticed by competing supermarket Waitrose, who also have an arrangement with the delivery firm. Read the rest of this entry »

Jones Lang LaSalle on Africa: 20 Cities to watch

14/05/2013

Jeremy KellyPosted by: Jeremy Kelly
Global Research
Jones Lang LaSalle EMEA Research

What do London and Paris have in common with Cape Town and Johannesburg?

Surely not the weather… Read the rest of this entry »

European logistics and industrial markets start positive into the year – Q1 results released by Jones Lang LaSalle Research

13/05/2013

Alexandra TornowPosted by: Alexandra Tornow
Industrial Research
Jones Lang LaSalle EMEA Research

This week, we have released our Q1 results on European logistics and industrial markets.

  • Logistics and industrial investment showed a strong start to the year – volumes reached €3 billion, more than double that recorded in Q1 2012 and 5% above Q4 2012
  • The logistics occupier market showed a more mixed picture – take-up amounted to 2.9 million sq m, the same volume than in Q1 2012 but 21% down on Q4 2012 due to increased occupier caution amid the economic outlook
  • Prime rents and yields remained broadly stable over the quarter

You can find additional information on our Industrial Interface micro-site. Read the rest of this entry »

UK Retail : British Land signs deal with BT to provide Wi-Fi at its Shopping Centres

13/05/2013

Jonathan BayfieldPosted by: Jonathan Bayfield
Retail Research
Jones Lang LaSalle EMEA Research

One of the big stories in the UK retail sector this week is that customers at British Land’s shopping centres will be able to enjoy free Wi-Fi later this year. As many of you know, for me, this is really great news!

British Land’s full shopping centre portfolio will benefit from the deal with BT Wi-Fi. Additionally to providing free Wi-Fi to its shopping centre customers, British Land has come to an arrangement to work with BT to try and deliver a strong Wi-Fi offering at a number of its open air shopping parks. Read the rest of this entry »

5 reasons the European logistics real estate investment market will benefit from growing e-commerce

08/05/2013

Alexandra TornowPosted by: Alexandra Tornow
Industrial Research
Jones Lang LaSalle EMEA Research

Over the last two weeks my working days have been filled with conversations related to our latest white paper A new logistics real estate landscape – The impact of multi-channel retail on logistics. In particular developers and investors are keen to explore the opportunities – and understand the challenges – that arise with the evolution of e-commerce in the logistics real estate sector. Read the rest of this entry »

UK Retail : Selfridges launches drive-thru click-and-collect, as Littlewoods is first to commercialise Facebook

08/05/2013

Jonathan BayfieldPosted by: Jonathan Bayfield
Retail Research
Jones Lang LaSalle EMEA Research

 

A number of announcements this week have further illustrated how truly multi-channel the retail sector is becoming. Read the rest of this entry »

UK Retail : UK avoids triple dip recession, as high street sales volumes fall in March

30/04/2013

Jonathan BayfieldPosted by: Jonathan Bayfield
Retail Research
Jones Lang LaSalle EMEA Research

Some positive news this week, as the UK economy managed to exceed analysts’ expectations and achieve growth of 0.3% in Q1, thus avoiding an unprecedented triple dip recession, and providing a timely boost to sentiment after an uncertain beginning to 2013. Unfortunately, notwithstanding this progression, the UK’s GDP is still 2.6% below its pre-recession peak in the first quarter of 2008. For me those times seem like an eternity away, before I even started in this industry. The service sector was the main basis of growth in the first quarter, growing by 0.6% and contributing almost 0.5 percentage points to GDP. Sales in the retail sector fell in January and March, but a strong February helped it notch up growth of 0.3% overall in the quarter. Read the rest of this entry »

From Obsolescence to Resilience

17/04/2013

Karen WilliamsonPosted by: Karen Williamson
UK Offices Research
Jones Lang LaSalle EMEA Research

Unlike the fresh faced Research team at Jones Lang LaSalle, much of the UK’s office stock is old and worn out.  As much as 22% of the commercial building stock in the UK dates from before 1960. As highlighted in our latest report From Obsolescence to Resilience , the current rate of building replacement across Europe has been estimated at just 1-2% per year.  We would argue this is nowhere near enough to keep obsolescence at bay. Read the rest of this entry »

Is flexible / remote working good for business?

12/04/2013

Emma JacksonPosted by: Emma Jackson
Corporate Research
Jones Lang LaSalle EMEA Research

This debate has recently become a hot topic after Yahoo’s chief executive officer (CEO) Marissa Mayer announced a ban of employees working from home.

Since the global downturn began many companies opted to increase the use of flexible or remote working.  There were a range of drivers.  First, given the inability to offer increases in compensation and benefit, flexible working has been used as an ‘employer of choice’ strategy.  Second, it became a means to realise cost savings by lowering the amount of office space occupied.  Thirdly, such space reduction has also endorsed corporate social responsibility and environmental credentials. Read the rest of this entry »