Monthly Archives: November 2013



Survey calls British Consumers Guiltiest Spenders in Europe

Posted on 16 November, 2013 by Kirsten Kennedy under Economy

With Christmas fast approaching, British consumers will soon enter into a frenzy of shopping to pick up gifts for their family and friends. However, it seems that while we Brits enjoy spending hard earned cash on our loved ones, we are a little more reluctant... Read More

Northern Entrepreneur-Led Firms key to Recovery

Posted on by Cliff Goodwin under Economy

Regional entrepreneurs running small and medium sized businesses are vital to national recovery, two separate reports have shown. In the wake of claims that northern companies are financing southern recovery, a survey by professional services provider... Read More

Russian Retailer signs Largest Warehouse Deal in St Petersburg

Posted on by Jodee Redmond under Worldwide Property News

PNK Group will build a second multi-temperature warehouse for Verniy one of Russia's fastest-growing grocery store chains. The facility will measure 43,000 square meters and is being constructed at class A+ industrial park in St Petersburg. Cushman... Read More

Cut Price Birmingham Landmark on the Market

Posted on 15 November, 2013 by Neil Bird under Commercial Sales and Lets

Birmingham landmark Alpha Tower is for sale at just a quarter of the price it was purchased for in 2008. Catalyst’s European Property Fund has placed Alpha Tower on the market for £10.25 million. Five years ago they paid Arena Central Developments... Read More

Aviva plans Distressed Property Sale

Posted on by Neil Bird under Commercial Sales and Lets

Aviva is planning to sell its book of distressed property holdings in a move that could raise as much as £400 million for the insurance giant.  The sale is further evidence of increasing investor demand that is helping financial institutions recover... Read More

US Investors look to Secondary Markets

Posted on by Jodee Redmond under Worldwide Property News

According to forecasters, the US recovery will continue into next year and investors will look beyond the traditional markets into secondary ones to get higher yields. The report was co-published by PwC US and the Urban Land Institute (ULI). San... Read More

British Businesses Top Most Trusted List

Posted on by Kirsten Kennedy under Business News

With economic recovery in full swing and Christmas looming, British consumers have begun spending in earnest once more. This is good news for the retail industry, especially for brands that have a strong consumer following and are known for reliability and... Read More

Developer counts the Cost of Walkie-Talkie Solar Glare

Posted on 14 November, 2013 by Neil Bird under Commercial Developments, Top Properties

Land Securities is counting the cost of fixing the Walkie-Talkie’s solar glare which melted cars and damaged neighbouring buildings in the City over the summer. Chief executive Rob Noel says they have found a solution that will cost in the “low single... Read More

Train Building Returns to North-East

Posted on by Cliff Goodwin under Business News

Work has started on a £82m project to return train making to the birthplace of the railways. The workshop of the Stockton and Darlington Railway which opened in 1825 Hitachi Rail Europe eventually plans to deliver more than 860 carriages from its new... Read More

Marks and Spencer reveals Ambitious Indian Expansion Plan

Posted on by Kirsten Kennedy under Business News, Worldwide Property News

In recent years, it is fair to say that Marks and Spencer has somewhat fallen out of favour with British consumers. While the brand’s food division remains relatively popular, the chain’s clothing line has experienced falling sales and criticism from... Read More