Monthly Archives: January 2014



Fitness First Gym Chain to Invest in Growth and Strategy

Posted on 19 January, 2014 by Kirsten Kennedy under Business News

Every January, gyms are inundated with new members keen to make good on their resolution to get into shape. However, by February, the novelty of going to the gym wears off for a large percentage of members, leaving gyms relatively quiet for the remainder of... Read More

Google makes first US acquisition of 2014

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

Google has started 2014 by adding to its Palo Alto holdings. The new property, located at 1076 East Meadow Circle, is situated on about an acre of land. The company paid approximately $6.5 million for the 19,700 square-foot building. The search engine... Read More

Landmark Newcastle Pub for sale for £6.6m

Posted on 18 January, 2014 by Cliff Goodwin under Commercial Sales and Lets

One of Newcastle’s most iconic properties — built to symbolise the regeneration of the city’s Quayside — is on the market with a £6.6m price tag. The glass-fronted Pitcher and Piano pub and restaurant, originally commissioned in 1995 by the... Read More

Government to Invest in Coventry 3D Printing Facility

Posted on by Kirsten Kennedy under Business News

The manufacturing sector is one of the most strongly performing industries in the UK at present, with firms experiencing a high level of demand both domestically and overseas. This has contributed hugely towards the UK’s economic recovery, creating jobs and... Read More

Chinese Property Developer targets London for First Euro-Investment

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

China’s state-owned property investment company firm has continued its worldwide buying spree by acquiring two London properties for £1.2bn. The Shanghai-based Greenland Holding Group — which owns projects in 65 Chinese cities and has now turned... Read More

Mountain Warehouse to Expand Store Portfolio in 2014

Posted on 17 January, 2014 by Kirsten Kennedy under Business News

Tourism in the UK has taken off in recent years, with the favourable economic conditions and strengthening infrastructure attracting backpackers and holidaymakers seeking luxury alike. Many are seeking the shopping scene and historical attractions in... Read More

Harrods to Close World Famous Pet Store

Posted on by Kirsten Kennedy under Business News

Harrods is one of the best known names in the retail industry, with an illustrious history of selling luxurious goods to the rich and famous. However, one of the most adventurous aspects to the London store is soon to come to an end, as by February the famous... Read More

Sports Direct swaps Debenhams Shares for Options

Posted on by Cliff Goodwin under Business News

In a complex piece of financial engineering, Sports Direct has sold its 4.6 per cent stake in the department store chain Debenhams — just four days after spending £46m to acquire the shares. The sports retailer — whose controversial boss Mike... Read More

Protests fail to save Modernist Edinburgh Landmark

Posted on by Cliff Goodwin under Commercial Developments

One of Edinburgh’s most controversial buildings — which has stood empty for almost 10 years — is to be gutted in a multi-million pound makeover. St Andrew Square is a prime location that will attract quality occupiers, the developers... Read More

Epic Buys into Washington Office Market

Posted on by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Epic LLC — a division of the London-based property management company — has paid almost $53m for a Washington office block. The acquisition of the 10-storey building near Farragut Square makes Epic the most recent foreign investor in downtown DC... Read More