Monthly Archives: December 2013



Chancellor encourages Growth in Employee Ownership

Posted on 9 December, 2013 by Kirsten Kennedy under Business News, Economy

Several points from the Autumn Statement have proven fairly controversial, with the issue of business rates being the key sticking point for many experts within the retail industry. Although Chancellor George Osborne capped rates increases at 2 per... Read More

Speculative Development Resumes in Bristol

Posted on by Cliff Goodwin under Commercial Developments

Two speculative projects are underway in Bristol after five years of zero-growth in the commercial market. Work has now started at 2 Glass Wharf on a joint development for Salmon Harvester and NFU Mutual. The Swedish-based Skanska group also has an... Read More

JCB plans Major Expansion in Staffordshire

Posted on 8 December, 2013 by Kirsten Kennedy under Business News, Commercial Developments

Manufacturing has once more become one of Britain’s largest sources of income, with the industry behind only the services sector in terms of growth and employment. This has led some of the country’s largest manufacturers to seek rapid expansion in order... Read More

Work Starts on Edinburgh Haymarket Development

Posted on by Cliff Goodwin under Commercial Developments

Twelve months of preparatory work has started on Edinburgh’s biggest commercial development for more than a decade. The first stage of the Scottish capital’s £200m Haymarket regeneration involves the reinforcement of the Victorian railway tunnels... Read More

Charity Shops Changing Direction on the High Street

Posted on by Kirsten Kennedy under Economy

As previously reported, charity shops have recently become the target of widespread criticism as the debate about the future of the high street continues. Due to business rates relief and other financial advantages afforded to charitable organisations,... Read More

Property Company looks down from the Cloud

Posted on 7 December, 2013 by Cliff Goodwin under Industry News

A leading property company has linked its network of 15,000 staff to the cloud as part of a “global technology upgrade”. Cushman & Wakefield — which has offices in London, Shanghai and New York — decided on the cutting edge update to help... Read More

New Irish REIT prepares for IPO

Posted on by Cliff Goodwin under Business News

A new company is taking advantage of Ireland’s recovering property market by announcing plans for a €350m initial public offering. Hibernia will become only the country’s third Real Estate Investment Trust (REIT) but has already attracted... Read More

New Parental Leave Legislation could add to Burden on SMEs

Posted on by Kirsten Kennedy under Business News

In a bid to meet pledges regarding parental rights, Prime Minister David Cameron has been examining options allowing fathers more time to bond with their new born children. Although paternity leave was increased last year in order to help meet these... Read More

Newcastle Office Take-Up Hits New High

Posted on 6 December, 2013 by Cliff Goodwin under Industry News

After years of empty and mothballed floorspace, Newcastle has recorded its highest office take-up since the start of the recession. Although overall re-lets for Tyneside are down at just 178,071sq ft — lower than the average quarterly take-up rate... Read More

Elephant and Castle Shopping Centre sold for Development

Posted on by Kirsten Kennedy under Commercial Sales and Lets

London’s Elephant & Castle shopping centre has been purchased by developer Delancey for a sum of £80 million. The firm intends to transform the 1960s concrete mall as part of its South Village scheme, with the property, once described as an... Read More