Monthly Archives: August 2014



Ladbrokes reports plunge in First Half Profits

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

During the recession, bookmakers were one of the few businesses taking-up space on the high street. However, as the economic recovery continues to gather pace, local authorities have begun to wage war on gambling shops, meaning increasing numbers of... Read More

Amazon submits plans to expand Staffordshire Distribution Centre

Posted on by Kirsten Kennedy under Top Properties

Amazon continues to be one of the major powerhouses of internet retailing, with millions of consumers placing orders worldwide each year. Yet in order to remain ahead of the increasingly strong competition, the online giant has recognised the need to invest... Read More

New Office Scheme is a “Game Changer” for Bath

Posted on by Cliff Goodwin under Commercial Developments

A joint venture development could see Bath getting its first major office development in more than two decades. It’s hoped the scheme will end the run of expanding businesses looking beyond the city for extra space while others are forced to scatter staff... Read More

Lloyd’s of London linked with Scalpel Switch

Posted on 13 August, 2014 by Neil Bird under Top Properties

A report in today’s Evening Standard suggests that Ping An, the Chinese owner of the landmark Lloyd’s Building, is seeking to remove its eponymous tenant by 2019. City Spy cites unnamed sources who believe that Ping An, who paid £260m for the... Read More

Work starts on £10m Salford Quays Office Upgrade

Posted on by Cliff Goodwin under Commercial Developments

Approval by Salford planners has allowed an immediate start on the £10m modernisation of the city’s canal side Exchange Quay office complex. First unveiled by Hunter Real Estate Investment Managers in April, the Salford Quays site is made up of six... Read More

Land Securities sells Cabot Circus stake to Axa Real Estate

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Land Securities has sold its 50 per cent stake in Bristol’s Cabot Circus shopping centre to Axa Real Estate in a £267.8 million deal, which also includes Quakers Friars and a number of surrounding city centre shops. Land Securities developed Cabot... Read More

Birmingham Economy strengthened by rising Visitor Numbers

Posted on by Kirsten Kennedy under Business News

Birmingham has seen tourism to the city rise significantly, with visitor numbers reaching 34 million in the past year – boosting its economy by more than £5 billion. According to data released by the Regional Observatory, Global Tourism Solutions... Read More

Manor Royal development gains Planning Approval as Gatwick puts case for Expansion

Posted on by Kirsten Kennedy under Commercial Developments, Top Properties

As the debate over how to best increase airport capacity in the UK drags on, local authorities and businesses surrounding Gatwick are keen to promote the merits of their case. Pointing to the benefits of the “Gatwick Diamond” – home to over... Read More

Sainsbury’s expands its presence at Ansty Park

Posted on by Cliff Goodwin under Commercial Developments

Britain’s second largest supermarket chain has confirmed it is going ahead with plans to build an information technology centre at Ansty Park near Coventry. The retailer, which has more than 1,200 outlets nationwide, is negotiating the purchase of... Read More

CAMRA calls for Use Class Restriction to protect Pubs

Posted on 12 August, 2014 by Kirsten Kennedy under Commercial Developments, Commercial Sales and Lets

Since the end of the recession, the majority of sectors within the British economy have enjoyed a significant upturn in fortune as consumers once more begin to accumulate disposable income. However, within the pubs sector, the story remains somewhat grim with... Read More