Monthly Archives: January 2014



Plans for O2 Designer Outlet Revealed

Posted on 8 January, 2014 by Kirsten Kennedy under Commercial Developments

O2 Arena owners AEG Europe have this week revealed plans to establish a 100 unit designer outlet centre to neighbour the iconic entertainment venue, on the scale of market-leading Bicester Village in Oxfordshire. Talks have now begun with property firm Land... Read More

Marks and Spencer expected to post Poor Christmas Trading Results

Posted on by Kirsten Kennedy under Business News

Last year saw an upturn in consumer confidence as the effects of the economic recovery began to take hold. As a result, many high street chains hoped for a more profitable Christmas trading period than has been seen in the UK for several years, with brands... Read More

Limerick sets Ireland’s Cheapest Commercial Rate

Posted on by Cliff Goodwin under Business News, Worldwide Property News

An Irish city has declared itself “open for business” by setting the lowest commercial rate in the country's history. The landmark 15.8 per cent reduction in commercial rates now makes Limerick the cheapest place in Ireland to own and manage retail... Read More

UK Business Confidence hits 20 Year High

Posted on by Kirsten Kennedy under Business News, Economy

According to three major business surveys, UK companies have now reached highs in business confidence not seen for 20 years, with the majority of firms surveyed believing they will be able to grow sales, profits and exports in the next 12... Read More

Fast Growing Dominvs Moves On Scottish Sites

Posted on 7 January, 2014 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

The hospitality arm of London-based property company Dominvs Group has unveiled plans to build three hotels north of the border. Founded in 2011 by Sukhpal Singh Ahluwalia, the millionaire entrepreneur behind Euro Car Parts, Dominvs intends to build... Read More

Miliband vows to Tackle Cheap Foreign Labour

Posted on by Kirsten Kennedy under Business News, Economy

While employment figures have steadily recovered since the end of the recession, factors such as underemployment and low pay remain problematic for the workers of the UK. This, Labour leader Ed Miliband believes, is in part due to the large influx of... Read More

Peterborough Shopping Centre sold in £202 Million Deal

Posted on by Kirsten Kennedy under Commercial Sales and Lets

With the uplift in consumer confidence first seen early last year continuing to build in momentum, investors are increasingly choosing to channel funds into developments which encourage large scale spending. At the forefront of this commercial property boom... Read More

Demand for Retail and Leisure Property Expected to Soar in ‘Pockets of Gold’

Posted on by Neil Bird under Industry News

Demand for retail and leisure property is expected to soar in selective locations as the economic recovery gathers pace over the next 12 months. The forecast, from Jones Lang Lasalle (JSL), follows a year of more high profile high street casualties and... Read More

London Commercial Property Investment Reaches Six-Year High

Posted on by Jodee Redmond under Commercial Sales and Lets

Commercial property investment in London hit £19.9bn in 2013, representing a six-year high, according to figures released on January 2 by Cushman & Wakefield. Investment was up by 47 per cent on 2012 levels, although it remains below the... Read More

Australian Confidence Returns as Commercial Sales Rise

Posted on 6 January, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Australian commercial property sales hit the $17 billion mark in 2013. This figure includes retail, offices, industrial and hotel assets and compares to the record levels set in 2012 of $20.6 billion. Furthermore, early indications point to 2014 being another... Read More