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.


NAMA set for €1bn Wind-Down Target

Posted on 28 May, 2015 by Cliff Goodwin under Business News

In its fourth consecutive year of profitability, Ireland’s National Asset Management Agency (NAMA) has announced an after-tax profit of €458m (£326.7m) — more than double the €214m (£152.7m) surplus it made during 2013. Releasing the... Read More

London portfolio delivers for Helical Bar

Posted on by Kirsten Kennedy under Business News

The growth of the London commercial property market has provided a boost for Helical Bar, which today released results showing that, in the year to the 31st of March, the value of the firm’s portfolio rose to over £1 billion. Although pre-tax... Read More

Strong Retail performance set to boost Market Activity

Posted on by Kirsten Kennedy under Business News, Economy

A new survey forecasts that retailers could well be celebrating their best performance in 27 years next month - news that could have beneficial implications for the commercial property industry. According to the Confederation of British Industry (CBI),... Read More

London Office Demand will create ‘tension’ for Occupiers says Report

Posted on 27 May, 2015 by Kirsten Kennedy under Business News

A new report from CBRE, estimates that an additional 5.1 million sq ft of office space will be required for professional services firms in London by 2019. This, the report says, will create a tension between rising property costs, competition to attract... Read More

Property Market warned of EU “Neverendum” Dangers

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

Within days of the Bank of England governor, Mark Carney, calling for an EU referendum to be held as soon as possible, one of Britain’s biggest property consultancies has warned that any delay “could leave a permanent cloud of uncertainty over the... Read More

Buoyant Construction Sector prompts clutch of appointments at Helm

Posted on 22 May, 2015 by Kirsten Kennedy under Business News

With building activity in both the residential and commercial sectors rising, Bristol based Helm Construction has announced five new appointments to its growing team. The appointments span a wide spectrum of the firm’s departments and will prove... Read More

Vantec Investment illustrates Ambition of Sunderland’s Automotive Sector

Posted on 21 May, 2015 by Cliff Goodwin under Business News

As many as 120 Sunderland jobs could be created following a Japanese warehousing and logistics company’s decision to build its third distribution hub in the city. The 421,000 sq ft warehouse is being constructed by Hitachi-owned Vantec Europe at... Read More

Savills confirms acquisition of Property Management Firm

Posted on by Cliff Goodwin under Business News

Savills has confirmed the acquisition of Collier & Madge, a niche commercial property management business founded in London 17 years ago. Collier & Madge — which claims to have built its reputation “through quality staff, investment,... Read More

Booming London Economy drives growth for Great Portland Estates

Posted on by Kirsten Kennedy under Business News

Great Portland Estates’ annual results, which were released yesterday, show strong capital growth from its Central London portfolio. The results were driven by a combination of rental growth and development surpluses, which have seen the value of the... Read More

Strong Leisure Offer boosts Shopping Centre Footfall

Posted on 20 May, 2015 by Kirsten Kennedy under Business News

For some time, the UK’s major shopping centre owners have been investing in their leisure offer as a means of attracting more customers and increasing dwell time. And this strategy is producing results, with the latest British Council of Shopping Centres... 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.