Monthly Archives: October 2012



American Property Companies on European Spending Spree

Posted on 16 October, 2012 by Jodee Redmond under Worldwide Property News

Large US-based property companies have their corporate eyes firmly on European properties and are cashing in at an impressive rate. In the first nine months of this year, corporations have spent 3.5 billion euros on foreign real estate... Read More

Call for London Pubs to Get World Heritage Status

Posted on 15 October, 2012 by Neil Bird under Top Properties

Last week Movehut News reported that celebrities, including actor Hugh Grant, had added their names to a petition calling on Chelsea and Kensington Council to reject plans that would lead to the loss of a Chelsea pub. Now a group of Kingston University... Read More

Demand for Retail Space Continues to Fall

Posted on by Neil Bird under Industry News

Demand for retail space fell again in the last quarter as economic uncertainty continues to depress the market. The Royal Institution of Chartered Surveyors (RICS) UK Commercial Market Survey, which was released on Friday, shows that take-up of high street... Read More

Boris Johnson Approves Controversial Spitalfields Development

Posted on by Neil Bird under Commercial Developments

London Mayor Boris Johnson has approved a controversial development that will involve the partial demolition of a historic Spitalfields building. The mayor made the decision despite the fact that Tower Hamlets council has twice rejected the application which... Read More

Barclays to Reward Branch Staff for Customer Service

Posted on by Kirsten Kennedy under Business News

Barclays banking chain has faced its fair share of problems in the past year. Only a few months ago, customer trust in the group was shaken to the core by the interest fixing Libor scandal, which led to the replacement of chief executive Bob Diamond by retail... Read More

Supreme Court Judgment Ends London Property Confusion

Posted on 14 October, 2012 by Neil Bird under Industry News

A ruling by the Supreme Court has brought to an end a five year legal battle that threatened the estates of some of the UK’s wealthiest landlords. An unintended loophole in the 2002 Leasehold Reform Act had led to confusion about the distinction between... Read More

M&S to Create 20,000 New Jobs This Festive Season

Posted on by MOVEHUT under Business News

High street retailer Marks and Spencer (M&S) has launched a seasonal recruitment drive to take on an additional 20,000 employees across the UK & Republic of Ireland as it continues its festive recruitment drive. Successful applicants will be... Read More

Central London Properties Continue to Outperform Other Areas

Posted on by Jodee Redmond under Industry News

Commercial properties in central London have been a bright spot on the investment map this year, with capital values up by 0.2 per cent in August. According to the CBRE UK Monthly index, although the returns are down from the 0.4 per cent figure in July, they... Read More

Czech and Romanian Commercial Real Estate Markets Slow

Posted on 13 October, 2012 by Jodee Redmond under Worldwide Property News

The commercial real estate markets in the Czech Republic and Romania are not performing well in 2012. The number of transactions is down by over 75 per cent to €542 million in the first three quarters of the year, according to Cushman & Wakefield. The... Read More

Sainsburys Chief Denounces Shares for Rights Proposal

Posted on by Neil Bird under Business News

The Chancellor, George Osborne, may have thought he was on to a winner when he proposed that workers could be asked to exchange employment rights for company shares. However, the plan has been met with a lukewarm response from the business community in... Read More