Monthly Archives: September 2014



Wanda Commercial Properties prepares to go Public in Hong Kong

Posted on 14 September, 2014 by Jodee Redmond under Worldwide Property News

There are increasing indications that Wanda Commercial Properties, the privately-owned subsidiary of Wanda Group, is preparing to go public in Hong Kong after the company changed the name of its Hong Kong shell company to Wanda Hotel Development Company and... Read More

Consumers prefer visiting Shops to Online Retail South African Survey reveals

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

Despite an increase in use of digital devices in South Africa, most consumers appear to be using them to make choices before visiting bricks and mortar shops, according to the results of Broll Property Group's Retail Consumer Survey 2014. The results... Read More

Ferguson Shipyard Sale confirmed by Administrators

Posted on by Kirsten Kennedy under Commercial Sales and Lets

With news from Scotland revolving around the upcoming referendum, it is often forgotten that many businesses must continue as normal in the days leading up to the 18th. However, this has been brought into sharp relief by the sale of the Ferguson shipyard in... Read More

Commercial Property Investment in Japan Soars

Posted on by Jodee Redmond under Worldwide Property News

Investment in the Tokyo commercial market is picking up pace based on the prospect of rent increase and rising returns. According to Jon Tanaka, the managing director of Angelo Gordon & Co., an alternative asset manager with $27 billion in assets, there... Read More

Wetherspoon Boss slams VAT Disparity despite Profits Surge

Posted on 12 September, 2014 by Neil Bird under Business News

Outspoken JD Wetherspoon boss Tim Martin is not letting-up on his calls for a fair tax deal for pubs, despite his company posting strong profits. The pub chain’s annual results reveal a pre-tax profit 0f £78.4 million – an increase of 37.1 per cent on... Read More

Coffee Shops outstrip Pubs as Women’s Spending Power Increases

Posted on by Kirsten Kennedy under Business News

The pub industry was one of the hardest hit areas of the economy during the recession, as consumers chose the supermarket over their local. And, it seems, this trend is one that is firmly embedded even following the recovery, with coffee shops now said... Read More

Sale of Manchester’s Historic St George’s House Confirmed

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

Grade A Alternative has confirmed it is the new owner of one of Manchester’s most iconic buildings. The serviced office provider completed the acquisition of St George’s House in June but has refused to say how much it paid for the Grade II listed... Read More

Store Expansion and Housing Market boost Next Profits

Posted on by Kirsten Kennedy under Business News

Next has become one of the dominant retailers of the high street, with its fashion forward lines attracting consumers and allowing it to finally overtake key rival Marks & Spencer. And it appears that this winning streak is set to continue, as it has now... Read More

Chinese Investors back Sheffield Business Incubator Scheme

Posted on by Cliff Goodwin under Commercial Developments

A South Yorkshire city has been promised at least 400 news jobs and stronger links with Asia if planners give the go-ahead for a £65m Chinese-backed business incubator scheme. The New Era Square project has already attracted backing from a consortium... Read More

Fall in Shopping Centre Vacancy Rates helped by Independent Retailers

Posted on by Kirsten Kennedy under Business News

Shopping centres throughout the country are seeing huge levels of investment as owners seek to improve their appeal to retailers looking to expand. This has seen vacancy rates plummet, with recent data from the Local Data Company (LDC) and the British Council... Read More