Monthly Archives: July 2013



Largest Building in the World Opens in China

Posted on 9 July, 2013 by Jodee Redmond under Worldwide Property News

At 500 metres in length, 400 metres wide and 100 metres high, the New Century Global Center almost defies imagination. The total floor space of this colossal structure is 1.76 million square metres, and it has recently been opened to the public in... Read More

Boris Johnson steps up London Airport Campaign

Posted on by Kirsten Kennedy under Business News

With the global economic problems steadily receding, London is now attracting international investors and firms looking to gain a stable foothold in Europe. As a result, it has become apparent that London’s airport capacity is lacking when compared... Read More

Central London Office Take Up Rises in Q2

Posted on 8 July, 2013 by Jodee Redmond under Industry News

Global property consultancy CBRE has released figures showing that take-up of Central London office space increased by 32 per cent in the second quarter of 2013. The total take-up in Central London was 3.4 million sq ft, which brings the total for the... Read More

Private Equity Firms Join Battle for Card Factory

Posted on by Kirsten Kennedy under Business News

Recovery in the retail industry is beginning to gather momentum; although five high street chains entered into administration last week, results are showing that on the whole consumers are once more beginning to spend in earnest. However, retail is still... Read More

Whiteley Shopping Centre Enjoys Bumper First Month

Posted on by Neil Bird under Top Properties

Whiteley, Hampshire’s newest retail and leisure destination, has enjoyed a bumper first month’s trading. Since its official opening, on 23rd May, more than 750,000 visitors have shopped at the 320,000 sq ft scheme including a huge 48,000 on the launch day... Read More

Service Sector Growth is Positive Sign for Economy

Posted on by Kirsten Kennedy under Economy

Since the start of the year, when all signs indicated a significant improvement in the economic situation in this country, businesses across the board began hiring again in order to be prepared for a post-recession boom period. While retailers remain... Read More

US Interest Rate Rise May Lead to Stalling Commercial Property Values Analysts Warn

Posted on 7 July, 2013 by Jodee Redmond under Worldwide Property News

The rise in US interest rates has raised speculation in the commercial real estate industry that close to four years of gains in property values may be about to come to a halt, The Wall Street Journal reports. Low rates have been fueling the rise in... Read More

Ocado Dismisses Takeover Talk

Posted on by MOVEHUT under Business News

Online grocer Ocado has announced it is in talks over tie-ups with other retailers following its £170 million deal with WM Morrisons, but denied receiving a takeover approach for its own business. The retailer, which has never made an annual profit,... Read More

Glimmer of Hope for Dwell Employees and Customers

Posted on by Kirsten Kennedy under Business News

It was only a few weeks ago that high-end furniture retailer Dwell entered administration after a period of sustained financial difficulties. Along with leaving the future of its employees highly uncertain, the company also enraged consumers by... Read More

Online Retailers May Face Tax to Help High Street

Posted on 6 July, 2013 by Jodee Redmond under Business News

Businesses which trade online, thus avoiding the costs associated with  a bricks and mortar commercial property, have been warned that they may be liable for a new tax. The government is currently considering a plan to target online retailers to level... Read More