Monthly Archives: May 2014



Plans to transform disused Tube Stations Revealed

Posted on 7 May, 2014 by Kirsten Kennedy under Commercial Developments, Top Properties

Commercial space in London is in high demand, with investors from both the UK and overseas keen to snap up properties in one of Europe’s key business capitals. However, while burgeoning skyscrapers make the headlines, there remains a relatively untapped... Read More

New York’s Hudson Yards “Spire” Site sells for £141m

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

New York property company Tishman Speyer has continued its acquisition of land parcels on Manhattan’s Hudson Yards development site by buying an adjacent plot that could that could see it constructing of one of the tallest buildings in the... Read More

European Commercial Property Markets report Rental Growth

Posted on by Jodee Redmond under Industry News

Several European commercial property markets are reporting rental growth and growing investor appetite across all property sectors in the first quarter of 2014. There has been a strong increase in investment activity across Europe in the past six months,... Read More

New Bill opens Door to Foreign Investment in Cuba

Posted on by Cliff Goodwin under Worldwide Property News

For the first time since the 1950s Cuban revolution foreign individuals and companies will soon be allowed to own and take full control of the country’s commercial property. Under a new law passed by the National Assembly, and due to come into effect... Read More

Thirty Firms lose Ralli Courts Eviction Fight

Posted on by Cliff Goodwin under Commercial Developments

Demolition will make way for New Bailey regeneration A law firm which led a campaign to save its offices from destruction — claiming 30 businesses would be disrupted by the eviction — has been forced to move out of its Salford premises. Ralli... Read More

Earl seeks “Daft Russian” as he puts Lake District Mountain up for Sale

Posted on 6 May, 2014 by Neil Bird under Commercial Sales and Lets

Investors searching for rural land may be interested in taking advantage of a unique opportunity – a Lake District mountain is on the market for £1.75m. And if, if that is not enough to tempt potential buyers, the successful bidder will be entitled to use... Read More

Planners set to overrule Spinningfields Objections

Posted on by Cliff Goodwin under Commercial Developments

Planners are expected to rubber stamp Manchester’s latest Spinningfields development later this week — despite objections from some of the city’s top lawyers and its premier theatre venue. Barristers with chambers at the Grade II listed Cobden... Read More

Birmingham braced for Wave of Revamps and Developments

Posted on by Kirsten Kennedy under Commercial Developments

Birmingham, which is already set to benefit from the redevelopment of the Paradise Circus area of the city centre, will see two more major revamps get underway shortly. The first of these involves department store Selfridges, which has revealed plans to... Read More

Developer Guilty of Destroying Protected Bat Roost

Posted on by Cliff Goodwin under Commercial Developments

A Derbyshire developer has been committed to a crown court for sentencing after magistrates found him guilty of illegally destroying a bat roost while converting a loft of a property. The Chesterfield court heard how 55-year-old Hargurdial Singh Rai,... Read More

Sales boost Development Securities Profits

Posted on 5 May, 2014 by Cliff Goodwin under Commercial Sales and Lets

After a year of off-loading a number of its assets, Development Securities has reported an impressive jump in its earnings. Pre-tax profits for the London-based group have risen from £792,000 to £19.5m. Development Securities £30m Hale Barns scheme... Read More