Monthly Archives: April 2014



Dallas White Elephant Tower gets a Revamp

Posted on 5 April, 2014 by Cliff Goodwin under Worldwide Property News

After four years of neglect, and just as many rejections by would-be developers, the biggest empty building in downtown Dallas is to get a $175m (£105) revamp. Elm Place, centre left, was built in 1965 for the First National Bank and was the tallest... Read More

LondonMetric clinches two Northampton Distribution Deals

Posted on by Cliff Goodwin under Commercial Sales and Lets

LondonMetric Property has snapped up a million sq ft pre-let distribution complex in Northamptonshire following its recent £60m acquisition of a nearby site which already houses budget retailer Primark's central distribution hub. In the first deal —... Read More

New Stores contribute to Strong Results for Dunelm Mill

Posted on by Kirsten Kennedy under Business News

A number of retailers have implemented expansion plans of late as consumer confidence recovers. This tactic has certainly worked for home wares retailer Dunelm Mill, which has seen an impressive 9.9 per cent growth in revenue to £195.4 million in the last... Read More

Vodaphone and RBS reflect the ups and downs of the High Street

Posted on 4 April, 2014 by Kirsten Kennedy under Business News

An interesting new trend has emerged on the high street – while retail and leisure firms continue to invest in growth and open stores, banking chains are increasingly choosing to close branches or alternatively open concessionary outlets in existing retail... Read More

Business is Booming in Corby as New Developments Take Shape

Posted on by Kirsten Kennedy under Business News, Commercial Developments

As the recovery began to take hold in the UK, many analysts were concerned that growth would be focused in key locations, leaving smaller towns of the country trailing in their wake. Public and private sectors have teamed up to deliver significant... Read More

Co-op chooses Hermes for NOMA Project

Posted on by Cliff Goodwin under Commercial Developments

The Co-operative group has signed an £800m joint venture deal with Hermes Real Estate for the redevelopment of 20 acres in the heart of Manchester. Last June the Co-op abandoned talks with Delancey and Landid after failing to “agree priorities” on the... Read More

Further Investment planned for Landmark Manchester Science Tower

Posted on by Cliff Goodwin under Top Properties

A 1970’s Manchester commercial block — which featured as a backdrop in several episodes of the  television science fiction crime drama Life on Mars — is to get a £1.5m upgrade investment. LaSalle Investment Management has already spent around... Read More

MediaCityUK Outlet Store reports Strong Rise in Footfall

Posted on by Kirsten Kennedy under Business News, Economy

The retail industry may be recovering slowly but surely, yet picking up bargains where possible is still a priority for most consumers concerned about the cost of living. As a result, outlet stores remain popular shopping destinations. This has been... Read More

London Coffee Shop Chain Apostrophe snapped up by CH&Co

Posted on 3 April, 2014 by Kirsten Kennedy under Business News

Coffee chains have become ubiquitous in our town centres, helping to alleviate property vacancy rates and boost high street growth. Their popularity ensures that the acquisition of smaller chains has become a prime target for many retail and hospitality... Read More

Marks and Spencer reveals plans for International Expansion

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

While the majority of retailers on UK high streets are seeing a distinct improvement in their fortunes, iconic brand Marks and Spencer is still struggling to hit the right note with consumers. Although its food sales remain strong, the non-food offering has... Read More