Monthly Archives: February 2014



Pure Gym and Gym Group Merger expected to lead to Expansion

Posted on 13 February, 2014 by Kirsten Kennedy under Business News

This week, it was announced that budget chains Pure Gym and The Gym Group intend to merge their firms in order to widen their respective reaches and attempt to become dominant in the competitive low-cost market. Upon merging, the new body will control just... Read More

Morrisons finds Midlanders reluctant to Shop Online

Posted on by Kirsten Kennedy under Business News

In the highly competitive supermarket race, Morrisons has for some time now lagged behind its main competitors and lost market share to even discount brands such as Aldi and Lidl. Industry experts believe that this is largely due to the chain falling behind... Read More

Fears that New Greek Property Tax could Stall Recovery

Posted on by Cliff Goodwin under Economy, Worldwide Property News

With property prices falling by 32 per cent since 2010, Greece has now reduced its tax on the sale of properties to just three per cent. Previously anyone buying a commercial or domestic property in Greece had to pay eight per cent on the first €20,000 of... Read More

Sale of Distressed Dublin Pubs Shows No Sign of Easing

Posted on 12 February, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The Towers — claimed to be one of the busiest public houses in Ireland — has become the latest in a string of Dublin licensed premises to be placed on the market by receivers. CBRE has confirmed it is looking for offers in excess of €1.2m (£999,000)... Read More

Retail Sales pick up in January but BRC urges Caution

Posted on by Kirsten Kennedy under Economy

Following reports that shop vacancy rates are at a four year low, the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor makes further good reading for the high street. The report shows that like for like sales in January grew by 3.9... Read More

Business Confidence at Highest Level in 22 Years

Posted on by Kirsten Kennedy under Business News, Economy

Confidence among CEOs and managing directors of British companies has hit a 22 year high, topping even the levels of confidence seen in the early 2000s before the financial crisis hit. According to business consultants BDO’s monthly optimism index, which... Read More

Topshop Expansion to Include Flagship Fifth Avenue Store

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

Fashion retailer Topshop has announced that it will be opening a flagship store in a prestigious fashion location in the United States as part of its growth plan to capitalise on new markets. A 40,000 sq ft store will open on Manhattan’s Fifth Avenue in the... Read More

Additional £47m sought for Stoke-on-Trent Regeneration

Posted on 11 February, 2014 by Neil Bird under Commercial Developments

Council leaders in Stoke-on-Trent are seeking an additional £47m to fund the ongoing regeneration of the city. The proposed borrowing will contribute to improvements to highways, the Etruria Valley development and a new central business district (CBD)... Read More

South Wales Office Market Contracts

Posted on by Jodee Redmond under Industry News

In contrast to reports coming from many areas of the UK, total office take-up in Cardiff was disappointing last year. The final figures were down by 20 per cent compared with 2012 according to DTZ Associate Director Chris Terry. Reporting for... Read More

Property Developer in West Ham Football Stadium Deal

Posted on by Kirsten Kennedy under Commercial Sales and Lets

The London Olympics have left a lasting legacy in the UK, with a plethora of business and commercial opportunities created as a result of the flurry of activity surrounding the Olympic Park since the Games ended. However, while local businesses have certainly... Read More