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.


High 5 Games to Move into One World Trade Center

Posted on 24 November, 2014 by Jodee Redmond under Business News

High 5 Games is the latest corporate tenant to sign a lease at One World Trade Center. The company has agreed to lease 87,663 square feet of space in the downtown Manhattan office tower. PTT, LLC, which does business as High 5 Games, is a content... Read More

Overseas Investor Snaps Up Shipley’s Waterfront

Posted on by Cliff Goodwin under Business News

An anonymous foreign buyer has paid almost £6m for an iconic office development on the banks of the Leeds to Liverpool canal. GMI Developments acquired The Waterfront five years ago following its construction by sister company, GMI Construction. The... Read More

QHotels Takes on Management of De Vere Hotel Portfolio

hotel lobby reception area
Posted on 23 November, 2014 by Cliff Goodwin under Business News, Commercial Developments

A rapidly expanding leisure group has added six former De Vere hotels to its existing national management portfolio of 21 four-star sites. QHotels — which runs the Art Deco Grade II listed The Queens in Leeds and Manchester's iconic The Midland —... Read More

West Yorkshire Sees Shopping Centre Development Surge

shoppers in a big shopping center with elevators
Posted on 22 November, 2014 by Kirsten Kennedy under Business News, Economy

Although a number of shopping centre developments have been approved or pitched lately, in the UK overall shopping centre development has remained at a level first seen at the beginning of the financial crisis. However, West Yorkshire has somewhat bucked this... Read More

Hotel Occupancy in Birmingham Reaches New High

Posted on 21 November, 2014 by Kirsten Kennedy under Business News, Economy

As Birmingham becomes increasingly relevant in Britain’s business economy, more and more business leaders are descending on the city to seek investment opportunities and expansion options. This, combined with a boom in tourism figures, has seen hotel... Read More

CBRE Secures $100 Million Construction Loan for Netflix HQ in California

Posted on by Jodee Redmond under Business News, Commercial Developments

CBRE’s Debt & Structured Finance team has secured a $100 million construction loan for The Grove, located in Los Gatos, California. The project’s initial phase is now under construction and is scheduled to be completed in May of next year. It consists of... Read More

Highwoods Properties Will Develop $232M Nashville Headquarters for Bridgestone Americas

Posted on by Jodee Redmond under Business News, Commercial Developments

Bridgestone Americas Inc. is moving its corporate headquarters to a new 514,000 square-foot build-to-suit high-rise in downtown Nashville. The decision to make the move to the $232-million building was reached because Bridgestone had outgrown its current... Read More

“Game changing” Master Plan for Oldham Town Centre Revealed

Posted on by Kirsten Kennedy under Business News, Commercial Developments

As the north comes more prominently into focus with property investors from both the UK and overseas, local authorities in regions such as Greater Manchester are keen to highlight the positive impact an acquisition in the area could have. Along with providing... Read More

Fifth Avenue in New York becomes World’s most Expensive Shopping Street

Posted on by Kirsten Kennedy under Business News, Economy

As the global economy continues to take tentative steps towards recovery, consumer driven industries worldwide are once more beginning to thrive. This has seen retail rents in prime locations climb steadily, with New York’s Fifth Avenue now regaining the... Read More

Intu expects Bumper Black Friday

Posted on 20 November, 2014 by Kirsten Kennedy under Business News, Economy

Black Friday was, for a long time, a purely American tradition shunned by UK retailers and consumers alike. However, with the advent of online shopping came the need for shopping centres and high streets nationwide to up their game in the run up to Christmas,... 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.