Monthly Archives: March 2014



Super-Rich turn to Commercial Property in search of Higher Returns

Posted on 11 March, 2014 by Cliff Goodwin under Commercial Sales and Lets

As wealth levels rebound after the financial crisis the world's mega-rich are turning their back on luxury mansions and investing in hotels and office blocks, new research claims. The shift into commercial property — and investments that offer higher... Read More

One Third of Businesses would consider Relocating from an Independent Scotland

Posted on by Kirsten Kennedy under Business News

As the Scottish independence referendum draws ever closer, arguments between the Yes and No camps have heated up and caused businesses to become involved in the debate over the future of the UK. Although opinions differ regarding the impact a Yes vote... Read More

Longer Leases still worth considering says Commercial Property Agent

Posted on 10 March, 2014 by Cliff Goodwin under Industry News

One symptom of the recession was the drive by both sides of a commercial property deal to push down the length of a lease. Today tenancy agreements are the shortest they have ever been. But longer leases have hidden benefits for both sides, according to the... Read More

Scottish Farmland Prices hold steady says Report

Posted on by Jodee Redmond under Commercial Sales and Lets

According to figures released by RICS, the price of Scottish farmland remained steady throughout the second half of 2013. The average price of land averaged £3,750 per acre. Furthermore, more than 80 per cent of surveyors anticipated a rise in prices during... Read More

SA Approval for £335m Growthpoint Acquisition

Posted on 9 March, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The South African Competition Commission has approved the £335m sale of the Tiber Group’s management business and real estate portfolio to Growthpoint Properties. The 27-property portfolio spans more than 320,000sq metres of prime office space,... Read More

The Jockey Club names Cheltenham Racecourse Developer

Posted on by Kirsten Kennedy under Commercial Developments

Last year, The Jockey Club made history by launching the first retail bond in British sport and raised almost £25 million to financially aid Cheltenham Racecourse’s grandstand development. Along with £20 million secured through a combination of... Read More

Private Sector Hiring hits Record Levels

Posted on 8 March, 2014 by Kirsten Kennedy under Business News, Economy

Growing business confidence has had a beneficial effect upon the country’s unemployment statistics, which have fallen steeply from the peak figures recorded in the aftermath of the recession. The latest research from Markit showed that this drive for... Read More

Commercial Property Owners face losing Millions due to Tax Law Changes

Posted on by Jodee Redmond under Industry News

Commercial Property owners stand to lose hundreds of millions of pounds because of an imminent change in the tax law. The rules on capital allowances will change in April, and tax specialists say this will lead to a fall in property... Read More

Fund proposed to rescue NI Firms from Property Debt

Posted on by Cliff Goodwin under Business News

Northern Ireland businesses being held back by pre-recession property loans could be helped by a new rescue fund, a senior banker has suggested. Hundreds of small and medium-sized companies across the province took out property loans during the boom... Read More

Co-op plans Large Scale Shop Acquisitions

Posted on 7 March, 2014 by Jodee Redmond under Business News

The Co-operative Group food arm has announced that it is planning to increase its property estate from 2,800 to 4,000 shops by adding around 150 convenience stores a year. Steve Murrells, the group's retail chief executive, told Retail Week that the... Read More