Monthly Archives: December 2012



UK Car Sales Hit Four Year High

Posted on 10 December, 2012 by Kirsten Kennedy under Business News

The automotive industry has been a rare bright spot in the UK for the past few years, with more and more companies choosing to invest in British factories than ever before. Recently, Vauxhall, Jaguar Land Rover and Honda have all chosen to make large... Read More

Jakarta is Prime Location for International Investors

Posted on by Jodee Redmond under Worldwide Property News

Indonesia's capital city is home to almost 10 million people and according to a new real estate forecast, it's the place commercial property investors should be focusing on in 2013. PriceWaterhouseCooper (PwC) and the Urban Land Institute have released... Read More

Fashion Chain Mulberry Suffers Profit Squeeze

Posted on by Kirsten Kennedy under Business News

Back in October, luxury handbag manufacturer Mulberry revealed that its annual profits may not meet those forecast by industry experts due to falling wholesale revenues and a slowing of growth in its international market. Now, it has emerged that the cost of... Read More

European Commercial Property Loans Remain Unpaid

Posted on by Jodee Redmond under Industry News

Fitch Ratings has released data indicating that the majority of European commercial property loans that have reached maturity this year remain unpaid. However the data relates exclusively to those loans that were part of secularization deals structured... Read More

Cineworld snaps up Picturehouse

Posted on 9 December, 2012 by Neil Bird under Business News

Multiplex giant Cineworld has bought art house cinema chain Picturehouse in a deal reported to be worth over £47 million.  Picturehouse, whose 21 independent cinemas include the Ritzy in Brixton and the Phoenix in Oxford, will continue to operate as... Read More

California Pilots New Way to Finance Efficiency Upgrades

Posted on by Jodee Redmond under Worldwide Property News

Commercial property owners in California who are looking for a way to make savings financing energy efficiency upgrades will have a new option available to them under a pilot programme that is set to launch early next year. The state's Public Utilities... Read More

Vacant Offices Could House New School

Posted on by MOVEHUT under Top Properties

A free school could be opened in unused office buildings in Portishead in an attempt to solve the shortage of class places in the growing town. The Village Quarter Parents Action Group has selected educational visionary Marcus Orlovsky to push forward... Read More

Investors Confident About Rebounding Irish Market

Posted on 8 December, 2012 by Jodee Redmond under Worldwide Property News

The top commercial property agents in Ireland are predicting the market is set to rebound in 2012 with transactions worth up to €650 million expected to change hands. This amount represents a huge change from the €200 million in sales for... Read More

Tech Firms Lead Banks in European Office Take Up

Posted on by Jodee Redmond under Industry News

Technology and telecommunications firms rented more new office space in Europe in the first six months of 2012 than banks and financial firms, according to a report issued by property consultancy CBRE. The worldwide popularity of mobile devices like... Read More

New Zealand Convention Centre Takes Shape

Posted on by Jodee Redmond under Worldwide Property News

The New Zealand government has confirmed that it has completed a deal for the first three properties it plans to complete by early 2013. Warwick Isaacs, the Director of Christchurch Central Development Unit (CCDU) has confirmed the Crown has signed... Read More