Business News


In the Business News category you will find a wide selection of articles on businesses and their UK commercial properties. These include corporate news stories featuring companies ranging from established market leaders to SMEs and recent start-ups.


Pramerica Asia Property Fund raises €480 Million for First Close

Posted on 6 July, 2015 by Neil Bird under Business News

Pramerica Real Estate Investors has announced the first close of its Asia Property Fund (ASPF) III, after receiving €480 million in capital commitments, easily exceeding its initial fundraising target of €400 million. ASPF III is the third in a... Read More

Take-off in Heathrow Hotel Demand forecast following Third Runway recommendation

Posted on 3 July, 2015 by Chris Grigorovsky under Business News

Following the Airport Commission’s recommendation for a third runway at Heathrow, Savills has forecast that the hotel sector will see demand rise by 42 per cent - equivalent to an additional 3,500 rooms. Savills also reports that the ten year average... Read More

Cornerstone strengthens European Research Team with two new Appointments

Posted on 2 July, 2015 by Neil Bird under Business News

Cornerstone Real Estate Advisers has stepped up its European expansion drive with two new appointments to its research team. Michal Kapusta is joining Cornerstone as Associate Director, based at the global real estate investment manager's Munich... Read More

Clyde Real Estate raises €25m Investment War Chest

Posted on by Cliff Goodwin under Business News

Clyde Real Estate (CRE) — the commercial property company launched last year by entrepreneur, businessman and former Irish presidential candidate Sean Gallagher — has confirmed it has so far raised more than €25m (£17.7m). The firm, founded by... Read More

St Modwen reports Record-Breaking 306% rise in Half Year Profits

Posted on 30 June, 2015 by Neil Bird under Business News

Regeneration specialist St Modwen Properties has announced a huge 306 per cent rise in profits for the six months to May 31 2015. The increase takes profits before tax to £203.1 million, in comparison to £50 million for the corresponding period in... Read More

‘Unprecedented Demand’ reported at Southampton Science Park

Posted on 29 June, 2015 by Cliff Goodwin under Business News

The University of Southampton is responding to the “unprecedented demand” for space at its Test Valley science park by building more high-tech offices. There is already a waiting list for space at the Hampshire university’s Chilworth science and... Read More

Travelodge increases Investment in Scottish Hotels to £100m

Posted on 27 June, 2015 by Cliff Goodwin under Business News

Britain’s third biggest hotel chain has confirmed it is pumping £100m into the expansion of its Scottish business. The programme will see Travelodge adding around 30 hotels to its portfolio north of the border and creating more than 500 jobs. News... Read More

Bloc closes in on Second Birmingham Site prior to UK Expansion

Posted on 26 June, 2015 by Cliff Goodwin under Business News

After opening its first hotel in Birmingham’s Jewellery Quarter four years ago a pioneering hotel company has confirmed it is looking for a second site in the city. Bloc Hotels — which constructs its guest rooms off site before installing them in... Read More

Employment Growth set to fuel Demand in Liverpool Office Market

Posted on by Cliff Goodwin under Business News

Despite warnings that Liverpool’s office market is stuck in a “vicious circle” of a Grade A shortage and headline rents so low they are failing to attract development, a new report is claiming that by 2020 the city will be a “jobs hotspot” for the... Read More

Ikea poised to target High Street Stores

Posted on 25 June, 2015 by Kirsten Kennedy under Business News

Ikea could soon be embarking on a search for high street property throughout the UK if a small format store experiment proves successful. The Swedish furniture chain is scheduled to open its first “order and collection” point in Norwich this... Read More

Learn more about our Business news category

Business News covers more than company results. Of course you will find these stories in this category alongside news of the latest business deals, mergers and administrations. You can also read about director’s bonuses, supermarket price wars and current retail promotions.

We also carry features covering topical issues affecting businesses like the increasing use of smart phones and the impact of social media. And because business involves people we also report on both serious and light hearted issues facing the staff of offices and other commercial properties.

So if this is the kind of news that interests you, you’ll find it here together with regular updates, analysis and background features.