Monthly Archives: March 2014



North-East heading for “Big Shed” Crisis

Posted on 5 March, 2014 by Cliff Goodwin under Industry News

As the North-East economy continues to strengthen, the region’s industrial and distribution companies are edging ever closer to a property crisis, one chartered surveyor has warned. The demand for so-called big sheds across the region is so high,... Read More

Dubai to keep Commercial Rents “Within Permissible Limits”

Posted on by Cliff Goodwin under Worldwide Property News

Dubai has hinted that its post-crisis real estate strategy will include more focused attempts to attract industrial and commercial investors while keeping a tighter rein on the rental market. According to a department of finance report — The Global... Read More

Battersea Studios sold in £35m Deal

Posted on by Cliff Goodwin under Commercial Sales and Lets

Fund managers Schroder has still not said what it intends to do with a south-west London film and television studio it acquired in a £35m off-market deal from property investment company Helical Bar. Originally built in the 1970s as British Telecom... Read More

Brompton Road Tube Station sold to Unknown Buyer

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Commercial property in London continues to be in high demand and residential property prices are hitting record levels. It should come as no surprise, therefore, to learn of the sale of a former underground station to an overseas buyer with plans to convert... Read More

Second London purchase for China’s Reignwood

Posted on 4 March, 2014 by Cliff Goodwin under Commercial Sales and Lets

Beijing-based Reignwood Properties has been named as the company behind the £92m acquisition of a City of London office block. Although contracts were exchanged last month the identity of the owner of the Corn Exchange at 55 Mark Lane has only just been made... Read More

MPs call for Business Rates Reform

Posted on by Kirsten Kennedy under Industry News

The issue of business rates has proven controversial in recent months, with bodies such as the British Retail Consortium (BRC) repeatedly pushing for the government to find a solution which works best for small businesses. However, while the government has... Read More

Industrial re-shoring bringing Business back to Britain

Posted on by Kirsten Kennedy under Business News

For many years, numerous British firms have chosen to locate an aspect or even their entire manufacturing operations overseas as a means of reducing costs. This, for the most part, is due to employment laws in countries such as China and India allowing... Read More

London Is European “Capital” For Commercial Investment

Posted on by Cliff Goodwin under Commercial Sales and Lets

London attracted more commercial real estate investment last year than any other European city, according to a new survey. Investment in the capital rose every quarter in 2013 — with the fourth quarter up a staggering 73 per cent on the previous three... Read More

Gherkin Architect offers Alternative Proposal for High Street Regeneration

Posted on by Kirsten Kennedy under Business News

The Gherkin is a landmark on the London skyline and one of the most significant commercial developments in the City. Now the architect behind the building, Ken Shuttleworth, has set his sights on rejuvenating Britain’s ailing high streets. Mr... Read More

Celebrities join Battle to Save Historic East End Pub

Posted on 3 March, 2014 by Neil Bird under Top Properties

Celebrities including Kate Moss, Peaches Geldof and Georgia May Jagger are giving their support to a campaign to save a historic London pub facing closure due to a residential property development. The George Tavern in Stepney has a history spanning... Read More