Monthly Archives: March 2014



John Lewis prepares for Heathrow Take-Off

Posted on 17 March, 2014 by Cliff Goodwin under Business News

John Lewis is opening its first airport store as part of a “Best of British” plan for the new Terminal 2 at London’s Heathrow Airport. The new £2.5bn terminal will have 69 retail and catering units when it opens this June. The majority confirmed John... Read More

Google squares up to Apple with First Flagship Store

Posted on by Cliff Goodwin under Business News

After experimenting by selling direct to the public from kiosks at five major US airports, Google is reportedly about to open its first flagship store in Manhattan — just yards from its arch rival Apple. It’s claimed the tech giant is about to sign... Read More

US Commercial Insurance Prices Rising

Posted on 16 March, 2014 by Jodee Redmond under Worldwide Property News

Commercial insurance costs in the US rose by five per cent in aggregate during the fourth quarter of 2013, according to figures included in the Commercial Lines Insurance Pricing Survey (CLIPS). It was conducted by Towers Watson, a professional services... Read More

Polish Commercial Investment Highest Since 2006

Posted on by Cliff Goodwin under Worldwide Property News

Commercial property investment in Poland has reached a seven-year high, according to new survey. Last year €3.12bn was ploughed into the country’s real estate market — much of it from Germany. Of the 2013 investments — which increased steadily... Read More

Charity launches High Street Initiative geared towards Young Entrepreneurs

Posted on 15 March, 2014 by Kirsten Kennedy under Business News

The high street has been at the epicentre of the retail industry’s focus for some time now, with several industry figures presenting reports to the government outlining potential “rescue” plans which would see consumers return to town centres rather... Read More

MetLife Commercial Real Estate provides over $11 Billion in Loans in 2013

Posted on by Jodee Redmond under Business News, Worldwide Property News

MetLife, Inc. has announced that its commercial real estate division, MetLife Real Estate Investors, originated $11.5 billion in commercial real estate loans in 2013. MetLife continues to be a leader in the commercial mortgage market as well as the largest... Read More

Banks continue to hinder SME Growth report claims

Posted on 14 March, 2014 by Kirsten Kennedy under Business News

Small businesses have increasingly begun to turn to alternative lenders rather than traditional banks of late, largely due to the fact that banks remain wary of lending after the fallout of bad loans resulting in the financial crisis of 2008. While the... Read More

Women encouraged to pursue careers in the Commercial Sector

Posted on by Jodee Redmond under Industry News, Worldwide Property News

Gender diversity in the workplace has improved greatly over the past few decades with fewer ‘traditional’ male and female roles than there were 20 or 30 years ago. The property industry has followed this trend, but unlike the residential sector, it... Read More

“Act Now” Landlords told Ahead of Bailiff Reform

Posted on by Cliff Goodwin under Industry News

Landlords are being urged to start legal action immediately to recover outstanding rents ahead of new legislation curbing the powers of bailiffs. From 6 April the common law of distress, which allowed bailiffs to seize and sell goods to recover rent... Read More

Plans approved for Oxford Westgate Shopping Centre

Posted on by Kirsten Kennedy under Commercial Developments

For almost three decades now, the future of Oxford’s West End has been up in the air with controversy surrounding a number of different plans aiming to redevelop the retail district. However, this week plans to rebuild the Westgate Shopping Centre and... Read More