Monthly Archives: October 2014



Commercial Property Investment in Bulgaria jumps 60%

Posted on 4 October, 2014 by Jodee Redmond under Worldwide Property News

Real estate advisors Forton has released figures showing that commercial property investment in Bulgaria has soared by 60 per cent in the first nine months of 2014 to €98.7 million. According to Michaela Lashova, the firm’s managing partner,... Read More

NY Real Estate Execs Believe Low Interest Rates Have Created Asset Bubble: Survey

ny real estate execs believe low interest rates have-created-asset-bubble-survey
Posted on by Jodee Redmond under Worldwide Property News

Top New York real estate executives are of the opinion that commercial property in the Big Apple is overvalued when compared with real estate in other major urban centres around the world, according to the results of a survey conducted by accounting firm... Read More

Allied London gets Green Light for Leeds Dock ‘Super-Building’

Posted on 3 October, 2014 by Cliff Goodwin under Commercial Developments

Planners have agreed a state-of-the-art office scheme that will revive the stalled regeneration of Leeds’ industrial waterfront. Acquired in 2013 by Allied London after the pre-crash failure of a previous council attempt to rebrand and regenerate the... Read More

Rising Rents confirm Midtown is on the Map

Posted on by Neil Bird under Industry News

Not many years ago you would be hard pressed to find a Londoner who could point you in the direction of Midtown. Those who could would almost certainly be property professionals seeking to promote the area between the West End and the City comprising... Read More

Domino’s Pizza aims for 1,000 Outlets amid Online Sales Boom

Posted on by Kirsten Kennedy under Business News

Thanks to an increase in the number of consumers in possession of smartphones or tablet computers, the retail industry is seeing a huge rise in online orders. This has proved to be good news for takeaway chain Domino’s Pizza which, thanks to strong... Read More

Council acquires lease to Northwich Shopping Centre

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Although shopping centres have become highly sought after assets it appears there are still some that fail to capture the imagination of private investors. This has seen the Weaver Square shopping centre in Northwich come under the ownership of the... Read More

Hotel Developer threatened with CPO on Landmark Manchester Fire Station

Posted on by MOVEHUT under Top Properties

A city council has given a hotel group six weeks to start renovation work on a neglected former fire station before it takes legal action to acquire the listed landmark building. Manchester City Council served a compulsory purchase order (CPO) against... Read More

Fledgling Property Investment Company acquires Lancaster Shopping Centre

Posted on 2 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

A seven-week-old property investment company has clinched its first deal with the £22m freehold purchase of Lancaster's Market Gate Shopping Centre. Launched in August by businessman Chris Beckerman, the Roubaix Group secured the purchase in an... Read More

Sainsbury’s Reports Third Consecutive Quarterly Sales Drop

Sainsburys reports third consecutive quarterly sales drop
Posted on by Kirsten Kennedy under Business News

Supermarkets have experienced a poor run in 2014 so far, with all of the Big Four reporting consistently falling sales as consumers turn to discount brands for their weekly shop. Unfortunately, it appears that this negative fortune is set to continue as... Read More

British Land’s West End Office Portfolio almost 100% let following Portman Square Deal

Posted on by Neil Bird under Industry News

Today’s announcement that Ardagh Glass has agreed terms on over 10,000 sq ft at 10 Portman Square increases the occupancy level across British Land’s West End office estate to almost 100 per cent. The global glass and metal packaging company has... Read More