The worsening outlook for London commercial office lettings has encouraged property developer Hammerson to hang the “for sale” sign over £500 million of its commercial office portfolio.... Read More
Manchester Airports Group (MAG), which owns Manchester, Bournemouth, East Midlands and Humberside Airports is looking to expand its portfolio of commercial properties and takeover another UK airport.... Read More
It was recently announced that 1000 jobs were in jeopardy in Sheffield, after the Department for Work and Pensions (DWP) planned to close two Government buildings in order to save money.... Read More
The Scottish Government have decided to restore an old legislation, which could mean that land and commercial properties could be bought for pennies rather than millions.... Read More
The owner of the family run 99p Stores chain, Nadir Lalani is seeking a buyer for his enterprise, estimated to be worth £60 million.... Read More
Although 2011 looked set to be a tough year for investment opportunities in commercial properties around the UK, a total of £32.5 billion was spent by investors in the market.... Read More
Motorway restaurant chain Little Chef has announced it is to close 67 of its 161 commercial property outlets in a move estimated to lead to the loss of between 500 and 600 jobs.... Read More
The future of Durham Tees Valley Airport (DTVA) looks bleak, as its major shareholder; Peel Airports decides to sell up. Peel Airports owns 75 per cent of the commercial property, whilst six local authorities own the remaining 25 per cent of the airport.... Read More
Kesa, who own the Comet retail chain have announced that they will sell the 249 commercial properties for only two pounds, due to the falls in the group’s revenues.... Read More
Death, debt, downsizing and divorce have been identified by Savills, as the main reasons for selling land in the UK. However debt is the main reason why people sell land and has continued to dominate.... Read More
