Monthly Archives: June 2013



Recession and Austerity Measures Hit European Retail Markets

Posted on 17 June, 2013 by Neil Bird under Economy

The recession in the Eurozone together with wide ranging austerity measures are having an impact on Western European retail markets, according to research conducted by BNP Paribas. The overall findings suggest that the prime retail sector remains healthy... Read More

Grade A Offices in Short Supply in Sheffield

Posted on by MOVEHUT under Industry News

According to a recent study, the UK’s fourth largest city could be missing out on attracting new businesses to the area due to a lack of Grade A office space in the centre. Creative Sheffield and property consultants, Knight Frank joined forces to... Read More

Miami Dade Industrial Market Heating Up in Face of Dwindling Supply

Posted on 16 June, 2013 by Jodee Redmond under Worldwide Property News

The Miami-Dade market is shifting into high gear as the supply of well-located industrial property continues to decline. The recent sale of a 73,500 sq ft warehouse in the Sunshine State Industrial Park is an example of area activity. The vendor sold... Read More

Creative Start Ups to Receive Ingenious Funding

Posted on by MOVEHUT under Business News

The venture capital group behind The Life of Pi film is launching a programme to make at least £2.25m available to the best creative and media start-ups in the UK. Ingenious Ventures has started its Ingenious Seed Investment Programme to make 15... Read More

New Charlotte Hotel Targets Business Travelers

Posted on by Jodee Redmond under Worldwide Property News

InterContinental Hotels Group has announced that the Crowne Plaza Charlotte Executive Park, the brand's new North Carolina location, is now open. The property was formally the Marriott and has undergone a renovation totaling several million dollars.... Read More

Vancouver Commercial Property Prices Slow Market

Posted on 15 June, 2013 by Jodee Redmond under Worldwide Property News

According to a new report released by RealNet Canada Inc., property valuations have become so high in Vancouver's commercial market that it is starting to take a toll on the number of deals that are closing. The company says that capitalisation rates,... Read More

Airbus Creates 300 UK Jobs

Posted on by MOVEHUT under Business News

Around 300 new jobs are being created by Airbus as part of a Europe-wide expansion that is expected to create a total of 3,000 jobs this year. The UK vacancies will be at the plane-maker’s plants in Bristol and Flintshire. An Airbus engineer inspects a... Read More

Foreclosed Property may Expose US Banks to Environmental Liabilities

Posted on by Jodee Redmond under Worldwide Property News

US financial institutions that foreclose on commercial properties may find themselves in a position where they are liable if the site requires an environmental cleanup. This problem has been made worse by the global financial crisis. According to... Read More

Mystery over Stoke Land Sale Delays Retail Expansion

Posted on 14 June, 2013 by Neil Bird under Commercial Developments

Stoke-on-Trent City Council is facing growing pressure to release land required by Intu Properties for the expansion of its city centre shopping destination. The sale has been mysteriously delayed after the council first claimed that they were prevented from... Read More

New Marks and Spencer Distribution Centre to Create Hundreds of Jobs

Posted on by MOVEHUT under Commercial Developments

Marks & Spencer (M&S) are planning to build a new distribution centre in just 25 miles from London which will create up to 700 jobs in the South, the company has announced. The Essex warehouse which is due to open in 2016 will be built near... Read More