Monthly Archives: August 2014



£100m-plus offers invited for historic Old War Office

Posted on 12 August, 2014 by Cliff Goodwin under Commercial Sales and Lets, Top Properties

Defence Infrastructure Organisation (DIO)—which owns and manages the British military infrastructure —has confirmed it will consider offers for the Old War Office in London’s Whitehall later this month. Completed in 1906 and located on Horse... Read More

Government defends Business Rates System following Refund Calls

Posted on by Kirsten Kennedy under Business News

The issue of business rates remains one of the most contentious within the British economy, with retailers in particular calling for the Government to address problems within the current system as a matter of urgency. Although steps such as capping the... Read More

Hiring Intentions rise at Fastest Pace in 16 Years

Posted on by Kirsten Kennedy under Business News, Economy

According to a new study by accountancy firm BDO, the number of firms planning to take on new staff has grown at the fastest pace for 16 years, indicating that British businesses are now confident that the recovery is well under way. The BDO Employment... Read More

Soaring Aberdeen Market defies Referendum Uncertainty

Posted on by Cliff Goodwin under Commercial Sales and Lets

Independence jitters are being blamed for a dramatic fall in the value of Scottish commercial property deals. Despite an increase in the number of transactions the country’s second quarter figures fell by almost £250m. Aberdeen — where property... Read More

Leeds Bramley Shopping Centre Sold

Posted on by Kirsten Kennedy under Commercial Sales and Lets

With returns from retail assets hitting a five year high, a number of high-profile deals have recently been completed. One of the latest is the acquisition of Bramley Shopping Centre by Rockspring Property Investment Managers. The west Leeds shopping... Read More

High Street Sales rise in July

Posted on 11 August, 2014 by Kirsten Kennedy under Economy

The recession remains fresh in the minds of high street retailers, and the recent stagnation of sales has proved worrying for many. However, July saw a comfortable bounce back with the BDO’s monthly High Street Sales Tracker recording a 1.7 per cent like... Read More

Crown Estate adds to Mayfair Portfolio

Posted on by Cliff Goodwin under Commercial Sales and Lets

The Church of England has sold a majority stake in its 400-year-old Pollen Estate in the heart of London’s Mayfair to a partnership led by the Crown Estate. Financed by Norway’s state wealth fund, the Crown Estate’s £381m offer was enough to see... Read More

Urban Village Plans for World’s Favourite Street

Posted on by Cliff Goodwin under Commercial Developments, Top Properties

Allied London says it has started working with a team of “master planners and heritage consultants” to determine the future of the former ITV Granada studios site in Manchester. Speaking at a public meeting to outline its plans for the 13-acre lot... Read More

Twenty Local Authorities selected to join Property and Land Disposal Scheme

Posted on by Cliff Goodwin under Commercial Sales and Lets

Twenty English councils have been selected to take part the second phase of a programme to  stimulate growth by releasing surplus Government land and property. Managed jointly by The Cabinet Office and the Local Government Association (LGA), the One... Read More

Yorkshire Commercial Property Investment hits New High

Posted on by Kirsten Kennedy under Commercial Sales and Lets

As regional activity continues to pick up within the commercial property market, areas which struggled during the recession are beginning to see a stronger level of investment. This has been the case in Yorkshire, where total commercial property investment... Read More