Savills said that the market for commercial property across Europe, Asia and the United States remained weak as a lack of capital forced buyers to remain on the sidelines, but added that it continued to cut costs.
Prologis has bought out its joint venture partner on a Cambridge life sciences scheme with a GDV of £450m.
Chancerygate has secured planning permission to build phase two of its £33m, 207,000 sq ft Novus business park in Knutsford, with 50,000 sq ft forward-sold to furniture company VIDA Living.
Weston Homes has acquired the former DYLON textiles factory in Sydenham, London.
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