Commercial Sales and Lets



Starbucks Buys Costa Rica Farm

Posted on 27 March, 2013 by Kirsten Kennedy under Commercial Sales and Lets

Following the tax scandal which plagued the business dealings of many big retail names earlier this year, it is hardly surprising that Starbucks is attempting to draw back consumers with a promise of greater quality and variety than ever before. The... Read More

British Land Sells Development to Fund New Office Purchases

Posted on 26 March, 2013 by Jodee Redmond under Commercial Sales and Lets

British Land has sold its Ropemaker Place development in London for £472 million to raise capital to buy several new office properties. The sale is part of the company's efforts to accumulate nearly £1 billion it needs to take advantage of the growing... Read More

Bristol Council Buys Aviva Headquarters

Posted on 18 March, 2013 by Kirsten Kennedy under Commercial Sales and Lets

Bristol City Council has purchased the Aviva Investors office block for a sum of £18 million as part of its on-going £70 million office estate revamp. The 128,000 sq ft commercial property will be used as one of the two buildings used to house council staff... Read More

Major Sale Marks Turning Point for Birmingham Investment Market

Posted on 12 March, 2013 by Jodee Redmond under Commercial Sales and Lets

A major Birmingham commercial property transaction marks the turning point for the city investment market, it has been claimed. Baskerville House, a former civic building at the heart of the city centre, was sold to Hermes Real Estate Investment... Read More

Sports Direct Saves Fashion Retailer Republic

Posted on 5 March, 2013 by MOVEHUT under Commercial Sales and Lets

Leading high street sports retailer, Sports Direct purchased the struggling fashion retailer, Republic for an undisclosed amount on the 28th February. The deal will save 114 of the 121 commercial properties and secure over 2,000 jobs. Sports Direct... Read More

Supermarket chain Morrisons to buy Blockbuster stores

Posted on 19 February, 2013 by MOVEHUT under Commercial Sales and Lets

Administrators Deloitte have announced DVD rental company Blockbuster is to close a further 164 stores. Around 800 staff in the affected stores will be made redundant. The closing stores will stay open for business as normal and customers will be given... Read More

Canadian Officials Launch Plans to Sell London Embassy

Posted on 18 February, 2013 by Kirsten Kennedy under Commercial Sales and Lets

For some time now, the London commercial property market has bucked the trend by increasing in value at a time when prices have been falling elsewhere. Thanks to international businesses and investors scrabbling for a foothold in the UK’s capital city,... Read More

British Land Expands Retail Portfolio

Posted on 15 February, 2013 by Neil Bird under Commercial Sales and Lets

British Land has added to its retail portfolio in a deal that sees the property company assume ownership of Ealing Broadway Shopping Centre. The 300,000 sq ft mall is the centrepiece of a £184m deal with Dutch fund Wereldhave which has now withdrawn from the... Read More

Birmingham City Council Considers Property Sale

Posted on 8 February, 2013 by Neil Bird under Commercial Sales and Lets

Birmingham City Council is considering a major property disposal to settle a series of equal pay compensation claims the Birmingham Post reports. Birmingham Town Hall The council faces a bill of £757 million after losing its appeal against a court... Read More

Manchester Building Goes on the Market for only Second Time in History

Posted on 4 February, 2013 by Kirsten Kennedy under Commercial Sales and Lets

Thanks to movies and TV shows such as The Other Boleyn Girl and Downton Abbey, Britain’s rich history is once again attracting international attention. Visits to historic sites and stately homes are steadily on the rise with listed buildings topping the... Read More