Monthly Archives: October 2014



Additional Retail Units and Cinema proposed for Carlisle Shopping Centre

Posted on 9 October, 2014 by Kirsten Kennedy under Commercial Developments, Top Properties

The owners of Cumbria’s largest shopping centre are considering proposals for a major extension which, they hope, will elevate spending and tourism income in England’s northernmost county. If the plans go-ahead, The Lanes in Carlisle will be... Read More

Strongest Monthly Rental Growth in Six Years recorded in September

Posted on 8 October, 2014 by Neil Bird under Industry News

Further increases in the rate of rental growth were recorded across all the main commercial property categories during September. The latest CBRE Monthly Index shows that All Property rental growth for the month stood at 0.3 per cent – the strongest... Read More

Why Second-Tier Cities can be a First-Rate Choice

Posted on by Neil Bird under Industry News

The recovery of the global commercial property market has seen huge sums of capital flood into so-called supercities like London, New York and Hong Kong. In these locations values have soared as businesses, developers and investors scramble to make the most... Read More

Former Airbase expansion cleared for Take-Off

Posted on by Cliff Goodwin under Commercial Developments

Warrington planners have given the green light to a 686,000 sq ft expansion of the mixed-use Omega development on the site of the former RAF-USAF Burtonwood airbase. Developed and managed by Omega Warrington Ltd (OWL) — a joint venture between Miller... Read More

Flexible Leasing Structure gives Designer Outlet Villages the Edge

Posted on by Kirsten Kennedy under Top Properties

One of the key legacies of the recession has been an apparent desire on behalf of consumers to continue to seek bargains wherever possible, whether they are shopping for weekly groceries or high end luxury items. This has seen out of town designer outlets... Read More

Surge in Apprenticeships illustrates how role is changing

Posted on by Kirsten Kennedy under Business News, Economy

The past five years have seen increasing amounts of investment pumped into Manchester improving infrastructure, boosting the commercial property stock and creating thousands of jobs.  As well as going a long way to elevate the number of regular... Read More

Accurate Valuations will take the Heat out of Fire Losses says Commercial Agent

Posted on 7 October, 2014 by Cliff Goodwin under Business News

Fire damage is a significant cost for insurers with companies paying out more than £3.6m every single day. It can be even more expensive for businesses with the Association of British Insurers predicting that as much as £10bn will be lost due to commercial... Read More

New Business District will make Swindon a ‘Real Competitor’ says Developer

Posted on by Cliff Goodwin under Commercial Developments

Muse Developments has revealed details of the second stage of Swindon’s Kimmerfields scheme — the town’s biggest makeover in more than half-a-century. The company, backed by landowner Homes and Communities Agency, has already completed the first... Read More

Walsall Retail acquisition pushes REI Portfolio beyond £100m mark

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Birmingham based Real Estate Investors (REI) has announced the acquisition of a Walsall retail scheme, pushing the value of its assets beyond the £100 million mark. REI acquired 59/75 Park Street from Scottish Widows for a £7.7 million sum earlier... Read More

Number of Days taken as Sick Leave falls to New Low

Posted on by Kirsten Kennedy under Business News

Although job security is much stronger since the end of the recession, many workers are still feeling the pressure to demonstrate their dedication. Along with remaining in the workplace for longer hours, this has seen sick leave fall to a new low, with... Read More