With the advent of online shopping, traditional high street retailers came under attack from a new generation of rivals. Consumers can now order games, DVDs and CDs from the comfort of their own homes rather than trek around the shops, with their purchases... Read More
Commercial Mortgage-Backed Securities (CMBS) are offering better yields to investors than corporate bonds issued by lenders, which means investors seem to be betting on a commercial property recovery. According to JPMorgan Chase & Co., relative spreads... Read More
Anyone who faces the daily commute to work by public transport knows that, along with frequent delays due to traffic congestion or weather issues, it can prove to be incredibly expensive even with discount options such as a young person’s travel card. And... Read More
Many fashion retailers have struggled to garner consumer interest in recent times due to falling disposable incomes for most workers. This has led to profit warnings being posted by traditionally successful brands such as Burberry and Mulberry, and the... Read More
In hard times, it is understandable that businesses wish to save money where possible in a bid to post higher profits and boost their share prices. However, in recent weeks the press has been flooded with tales of multinational companies failing to pay tax... Read More
This year has seen a minor contraction in Russian commercial property value. Cushman and Wakefield has released figures indicating that the expected volume of investment is expected to reach approximately $7.2 billion (€5.5 billion) by the end of the year,... Read More
Low prices and falling rents have created a situation where banks are feeling the pressure to get large loans off their books and have resorted to putting a significant number of commercial properties up for auction hoping for a quick sale. This is... Read More
Shoe Zone, which acquired Stead and Simpson in January 2008 has announced that it will be closing 90 of their 227 high street stores. The locations of the closures have not yet been announced, but it is understood that around 500 staff will lose their... Read More
British households have had a tough four years during the recession, with high inflation, the rising cost of essentials and pay freezes all adding to the strain on domestic budgets. On top of this, rising public transport costs have severely hit the pockets... Read More
Many UK retailers are facing an uncertain Christmas trading period, as rumours of a triple dip recession and continuing struggles in the Eurozone continue to dampen many consumers’ festive spirits. Although this is the first Christmas in almost four years... Read More
