Monthly Archives: March 2014



Council “Mismanagement” Blamed for Newcastle Shopping Centre Decline

Posted on 13 March, 2014 by Cliff Goodwin under Business News

The owners of a Newcastle shopping centre claim they have been “abandoned” by the city council in its bid to drive business toward the adjacent intu-owned Eldon Square complex — in which the authority has shares. The Intu owned Eldon Square shopping... Read More

Leading Architect calls for Greater Powers for Planning Officers

Posted on by Neil Bird under Commercial Developments

Respected British architect Sir David Chipperfield has called for planning officers to be given greater powers to shape the future of our cities. His call comes in the same week it was revealed that almost 250 tower blocks are either under construction or in... Read More

Dundee Shopping Centre sold for £125.3m

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Shopping centres are hot properties on the market at the moment, with an improvement in consumer confidence and a desire by multiple retail and leisure chains to expand fuelling profits for owners and investors. As a result, prices for high profile deals are... Read More

Retail Sales fall for First Time in Ten Months

Posted on by Kirsten Kennedy under Economy

The retail industry has become increasingly buoyant in recent months, with categories such as home ware and furniture leading many retailers to hope that the difficulties brought on by the financial crisis are firmly behind them. However, the fragility of the... Read More

EU-Exit Would “Worry” Commercial Property Investors

Posted on 12 March, 2014 by Cliff Goodwin under Industry News

More than half of companies and individuals that invest in the UK’s commercial property market would be against the country leaving the European Union, claims a new survey. Many would even reconsider doing business on this side of the Channel. In a... Read More

Westfield Stratford to add to Retail and Leisure Offer

Posted on by Kirsten Kennedy under Top Properties

Shopping centres have changed dramatically over the past decade or so. Rather than being primarily focused on retail, they have also had to place a large emphasis on their leisure offer to satisfy changing expectations of the shopping experience. However, at... Read More

Morrisons to sell £500m of its Properties as Profits Slide

Posted on by Cliff Goodwin under Commercial Sales and Lets

Embattled Morrisons will lay bare the impact of a tough year this week when its annual report is expected to reveal a plunge in profits. The supermarket group has already confirmed it plans to offload almost £500m of its property assets including shopping... Read More

Shop Vacancy Rate falls further in February

Posted on by Kirsten Kennedy under Business News

At the height of the recession, shop vacancy rates became a real issue for town centres attempting to keep their high streets alive. A combination of low consumer spending, increasingly high business rates and the rising cost of utility bills had a... Read More

Retail Innovation Hub launched in London

Posted on 11 March, 2014 by Kirsten Kennedy under Business News

A new retail innovation hub has launched in central London aiming to pair exciting start-up firms and entrepreneurs with larger companies looking to shake up their operations in the fields of data analytics, supply chain, advertising technology and retail... Read More

Regions set to make strongest MIPIM showing yet

Posted on by Cliff Goodwin under Industry News

With the construction freeze all but over, more companies and local authorities than ever are attending MIPIM, the world’s largest real estate exhibition and conference. The four-day event — which this year celebrates its 25th anniversary —... Read More