Commercial Sales and Lets



Carillion Signs £800m Sunderland Regeneration Joint Venture

Posted on 13 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

A brewery site, which has stood empty for 14 years, is to become a high-tech business centre as part of a 20-year rolling redevelopment of Sunderland city centre. Construction and services giant Carillion has signed a pioneering deal with the city council... Read More

Retail Sales remain Stagnant in October

Posted on 12 November, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets, Economy

Following September’s spell of warm weather putting a dampener on the launch of autumn and winter collections, retailers had hoped that the cooler October weather would cause consumers to head to the High Street and begin to purchase winter items such as... Read More

Victoria Gate Interest Reflects UK Retail Rebound

Posted on 11 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets, Economy

With completion not expected until 2016, the developer behind Leeds' Victoria Gate project says the £150m retail complex is already one-third let. Work started in April on the Hammerson-backed scheme, to include one of the largest John Lewis stores... Read More

Sainsbury’s to slash New Store Opening Programme

Posted on by Kirsten Kennedy under Business News, Commercial Sales and Lets, Economy, Industry News

Supermarkets are having a very difficult time of late, with the Big Four facing increasing levels of competition from discount rivals such as Aldi and Lidl. As a result of falling sales and plummeting market share, therefore, Sainsbury’s has this week... Read More

TK Maxx Signs Edinburgh Flagship Store Deal

Posted on by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

TK Maxx — the European brand of US department store chain TJ Maxx — is opening a 30,000sq ft flagship store within Edinburgh's St Andrew Square development. Already the largest new retail letting in the city centre since the 2011 opening of Primark,... Read More

Tesco faces further Knock with Entertainment Sales Dip

Posted on 10 November, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Tesco, once the most dominant retailer in the grocery market, has suffered a number of losses in the past few years, with profit warnings, falling sales and a plunge in market share all contributing to bringing the group back down to earth with a bang.... Read More

Masterchef Winner Joins Corn Exchange Menu

Posted on by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

The developers behind the £30m transformation of Manchester's Corn Exchange have confirmed that at least a dozen caterers have already sign up for space at the prestige-dining destination. Building work on the Grade II listed building is set to be... Read More

Scotland’s “No” Vote Prompts Surge In Commercial Deals

Posted on by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

The majority of Scotland's third quarter commercial deals were squeezed into the two weeks following the independence "No" vote, one of the country's biggest property organisations has claimed. More than £962m worth of Scottish commercial, retail and... Read More

Mailbox co-owner in joint venture Business Park acquisition

Posted on 6 November, 2014 by Cliff Goodwin under Commercial Sales and Lets

Saltley Business Park in Birmingham has been sold to new joint venture owners as part of the £146m sell off of Hansteen UK Industrial Property Unit Trust’s (HPUT) 42-asset portfolio. The West Midland’s commercial estate — situated north of the... Read More

Demand spurs release of latest Pacific Quay Development Land

Posted on 31 October, 2014 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

Scottish Enterprise has rolled out its latest 10-acre commercial development plan for Glasgow’s landmark Pacific Quay. Triggered by an increase in enquiries from developers and investors, the latest land release — within the 128-acre Pacific Quay... Read More