Monthly Archives: October 2012



Retail Figures Pick Up as Cold Weather Sets In

Posted on 13 October, 2012 by Kirsten Kennedy under Business News

After a washout summer in terms of sales, retailers are hoping that winter will bring them better fortunes. Due to the wet weather which dominated most of the season, items such as summer clothing, barbecues and outdoor furniture failed to meet expectations... Read More

Amazon in Biggest US Commercial Real Estate Deal of the Year

Posted on 12 October, 2012 by Neil Bird under Worldwide Property News

Amazon, the world’s largest internet retailer, is to pay over $1 billion to secure the purchase of its Seattle headquarters. The price paid to Microsoft co-founder Paul Allen, for the 1.8 million square feet of office space, is the highest ever paid in... Read More

Drinking Event Brings Carnage to Student Towns

Posted on by Kirsten Kennedy under Business News

Many students around the country will be gearing up for one of the biggest social events in the university calendar. Carnage is a pub crawl event which allows new students to get to know their new location, enjoy drinks promotions in participating commercial... Read More

Weather and Olympics Blamed for Fall in London Visitor Numbers

Posted on by Neil Bird under Business News

A combination of the wettest summer for 100 years and the effect of the Olympics led to the worst trading period “in living memory” for many London attractions, new figures reveal. Some attractions suffered a 60 per cent drop in visitor numbers while... Read More

Robust Demand for Office Towers in Second-Tier US Cities

Posted on by Jodee Redmond under Worldwide Property News

There are many office towers up for sale in second-tier cities across the United States, and investors seeking higher levels of return on their investments are responding with great interest. New listings that have recently come onto the market include IDS... Read More

Administrators Confirm Store Closures for JJB Sports

Posted on 11 October, 2012 by Kirsten Kennedy under Business News

The poor economic conditions in the UK currently are taking their toll on the high street, with multiple chains and independent stores posting poor sales, profit warnings and even administration announcements on an almost weekly basis. Most recently, sporting... Read More

Wealth of Opportunities for Commercial Property Investors in Saudi Arabia

Posted on by Jodee Redmond under Worldwide Property News

Commercial property investors looking to invest in Saudi Arabia have a sense of optimism that makes perfect sense, given the encouraging developments that have been happening in the country. In February 2011, King Abdullah made a major announcement that the... Read More

Debenhams Launches New Luxury Own Brand Range

Posted on by Kirsten Kennedy under Business News

With the recession easing slightly and inflation finally coming under control, consumers are loosening the purse strings and beginning to spend again. However, value for money is still at the forefront of the mind of the average shopper, meaning that stores... Read More

Stars Join Fight to Save Chelsea Pub

Posted on by Neil Bird under Top Properties

The difficulties faced by the licensed trade have been widely documented. Currently pubs in the UK are closing at a rate variously reported as being between 12 and 50 a week. The online Lost Pubs Project lists over 21,000 public houses that have closed their... Read More

Huge Theme Park Planned for Kent Brownfield Site

Posted on 10 October, 2012 by Neil Bird under Commercial Developments

A £2 billion theme park on the scale of Disneyland Paris is expected to create more than 27,000 jobs in Kent. The huge development is on an 872 acre plot of brownfield land between Dartford and Gravesend and is provisionally scheduled to open in... Read More