Monthly Archives: April 2014



New Type of Lender enters the Commercial Property Market

Posted on 15 April, 2014 by Jodee Redmond under Commercial Sales and Lets, Industry News

A new type of lender is stepping forward in the commercial property market. As the market begins to expand from traditional areas of strength, such as London and Frankfurt, to other markets, non-traditional lenders are offering funding to investors. An... Read More

“Death Threats” force Lagan to pull out of Aventas Deal

Posted on by Cliff Goodwin under Business News

Police on both sides of the Irish border have confirmed they are investigating “death threats” against a businessman just days before his company was set to acquire a company once owned by the failed property billionaire Seán Quinn. The... Read More

Consumers buying Discount to save for Luxury Items

Posted on by Kirsten Kennedy under Business News, Economy

Sales and profits in the discount sector of the retail industry have skyrocketed in the past few years, largely due to consumers striving to save during the recession. However, at the other end of the scale, luxury goods retailers have enjoyed an impressive... Read More

Sanpower purchases Controlling Share in House of Fraser

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

The acquisition of UK companies by overseas firms has become a common occurrence of late, with the improving economic situation allowing many to expand as a result of profits growth. However, one of the most controversial deals has been Chinese conglomerate... Read More

Administrators put Spinningfields Office Blocks on the Market

Posted on by Cliff Goodwin under Commercial Sales and Lets

Two office blocks within Manchester’s prestige Spinngfields development have been put up for sale after all four of their joint-ownership companies went into administration. Both buildings are fully let to the Royal Bank of Scotland. The sale of the... Read More

Global Commercial Property Transactions forecast to rise by 15 per cent

Posted on by Jodee Redmond under Commercial Sales and Lets, Industry News

Taiwanese investors will be major players Commercial property investment worldwide will increase by at least 15 per cent this year. The annual total is forecast to be well over the US $600 billion mark, according to a report released from Knight... Read More

UK’s first Branchless Bank seeks North East HQ

Posted on by Cliff Goodwin under Business News

Britain’s first all-digital branchless bank has confirmed it will establish its bricks-and-mortar headquarters in the North-East. The pioneering company will initially recruit around 120 staff, but expects that to treble as the business grows. Atom... Read More

Forecasters see continued US Market Growth

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

The recovery in the US commercial property market appears set to continue over the next two years. According to the results of a new survey, from the Urban Land Institute and Ernst & Young, transactions during 2016 are expected to reach $430bn (£256bn)... Read More

Spanish Commercial Property Market Recovers Slightly

Posted on 13 April, 2014 by Jodee Redmond under Worldwide Property News

The IPD Spain Annual Property Index is reporting that the Spanish commercial property market showed a slight recovery of 0.3 per cent in 2013. In 2012, it had a negative return of -2.2 per cent. The recovery was driven by a slowdown in the rate of... Read More

Midland LEPs ask for £148m in Government Cash

Posted on by Cliff Goodwin under Business News, Commercial Developments

The Government is being asked to pump almost £150m into a range of Midlands’ development and improvement schemes. Local Enterprise Partnerships (LEPs) from Greater Birmingham and Solihull and the Black Country say the money is needed to kick-start or fuel... Read More