Commercial Sales and Lets



London Office Market Returns to Pre-Recession Levels

Posted on 31 January, 2013 by Jodee Redmond under Commercial Sales and Lets

International demand for central London offices helped to bring £14 billion in investment into the city in 2012, which brought the market back to its pre-2008 activity level. Two-thirds of this figure came from foreign investors and drove last year's... Read More

ITV Buys Prime London Headquarters

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Broadcasters and media companies seem to have become disenchanted with the capital city recently, preferring Media City in Salford Quays to London bases. Since the conception of Media City, broadcasting groups and journalism collectives such as the BBC and... Read More

Supermarkets Lead the Bidding for HMV Properties

Posted on 27 January, 2013 by Neil Bird under Commercial Sales and Lets

Rival supermarket chains Morrisons, Tesco and Sainsbury’s are reported to be among the retailers considering snapping up HMV properties to expand their profitable convenience store ventures. HMV has some prime high street properties Hilco took... Read More

Value of Kent Farmland Rises

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

The value of farmland in Kent rose by nearly three per cent during 2012 and currently stands at £6,214 per acre. Considered over a longer period, prices in the county have risen by an incredible 11,500 per cent since the 1950s and further increases are... Read More

Artists Lose Thousands in London Hotel Venture

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

A clutch of well-known British artists have reportedly lost ‘tens of thousands of pounds’ in an ill-fated London hotel venture. They include Tracey Emin, who received the CBE in the New Year Honours List, Sarah Lucas and Scottish painter Peter Doig.... Read More

Big Rise in Welsh Commercial Property Sales

Posted on 7 January, 2013 by Jodee Redmond under Commercial Sales and Lets

Figures released by Lambert Smith Hampton show that the value of commercial property deals in Wales increased by 143% during the third quarter of 2012. The property consultancy's firm's investment research has revealed that the overall value of... Read More

Selfridges to Expand Oxford Street Store

Posted on 22 December, 2012 by MOVEHUT under Commercial Sales and Lets

Selfridges have reportedly spent £130 million on an office block situated next to its famous Oxford Street store. The building, Nations House, has over 100,000 sq. ft. of office space which is currently rented out to a number of large and small... Read More

Welsh Government Plans Airport Buy Out

Posted on 20 December, 2012 by Kirsten Kennedy under Commercial Sales and Lets

This summer saw thousands of visitors flock to the UK to witness the Olympic and Paralympic Games, giving this country’s tourism industry a much needed boost. However, in the run up to the Opening Ceremony, there were severe doubts that Britain’s... Read More

Casinos and Horror Shows Feature on Leisure Property Market

Posted on 19 December, 2012 by Neil Bird under Commercial Sales and Lets

The Competition Commission has told Rank that it must dispose of as many as six casinos if it wants to complete the takeover of rival Gala. The leisure giant is keen to revive the £205 million deal that has been on hold since May and has already agreed to... Read More

Azerbaijan Joins London Property Scramble

Posted on by Neil Bird under Commercial Sales and Lets

Despite continuing economic uncertainty the London commercial property market continues to attract growing numbers of foreign investors. Overseas institutions, including pension and sovereign wealth funds, have been pouring billions into UK property over... Read More