Monthly Archives: January 2013



Airport City Gets the Go Ahead

Posted on 18 January, 2013 by Neil Bird under Commercial Developments

Manchester city planners have given the go ahead to the UK’s first airport city. The £650 million project will deliver a high quality commercial community that is expected to create over 11,000 jobs over the next ten years. The 65 acre development... Read More

Bank Rules Threaten Commercial Property Market

Posted on by Neil Bird under Industry News

Strict capital rules imposed on UK banks will increase costs for commercial developers and  have a detrimental effect on the wider market, industry insiders have warned. The regulations, called slotting, have been introduced by the Financial Services... Read More

Reading Office Redevelopment Creates a Buzz

Posted on by Neil Bird under Commercial Developments

The redevelopment of a Reading office building is due to begin later this month. The King’s Road property, formally occupied by Royal Sun Alliance, will undergo a multi-million pound conversion into a 10,000 sq. ft. health and fitness centre, which will... Read More

Irish Commercial Property Market Polarised

Posted on 17 January, 2013 by Jodee Redmond under Worldwide Property News

The Irish commercial property market will be polarised in 2013. According to the latest predictions from CBRE, the Dublin market will be vibrant and active but secondary markets will struggle in comparison. Demand is currently quite high from... Read More

Tall Building Completions Fall for First Time in Six Years

Posted on by Neil Bird under Commercial Developments

The number of tall buildings completed during 2012 fell for the first time in six years according to the Council on Tall Buildings and Urban Habitat. In total sixty six buildings taller than 200 metres were completed globally last year compared with 82 in... Read More

Third High Street Administration So Far in 2013

Posted on by MOVEHUT under Economy

The high street has suffered another set-back following the announcement of HMV and Jessops both entering administration. Blockbuster GB Limited, the DVD and games rental firm, announced yesterday that it too has entered administration due to a change in... Read More

Sheffield Council Cuts Affect Commercial Properties

Posted on by MOVEHUT under Economy

Sheffield City Council have announced that they will be making £50 million worth of cuts, with £30 million of those affecting many public buildings throughout the city. Libraries are the worst affected properties, which 14 out of 27 libraries facing... Read More

HMV Administration is More Bad News for the High Street

Posted on 16 January, 2013 by Kirsten Kennedy under Business News

Last year was, to put it mildly, rather difficult for retailers on the high street, with popular chains such as GAME, Clinton Cards and JJB Sports all entering administration as a result of reduced consumer spending. Unfortunately, it seems that 2013 may not... Read More

UK Pubs Adjudicator Plans Announced

Posted on by MOVEHUT under Business News

The government has revealed plans for an independent adjudicator in the pub industry to help struggling landlords. The Department for Business said the aim was to reduce unfair practices, such as high rents and the prices publicans have to pay for... Read More

Rise in Worldwide Commercial Real Estate Volumes Reported

Posted on by Jodee Redmond under Industry News

The results of a new market research report from Jones Lang LaSalle indicate that global real estate volumes increased in the final quarter of 2012. A total of $141 billion in transactions closed during the three-month period to bring the total preliminary... Read More