Monthly Archives: October 2014



Kingsway Shopping Centre bought by Queensberry Real Estate

kingsway shopping centre bought by queensberry real estate
Posted on 19 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Investment into retail commercial properties is beginning to reach pre-recession levels once more, indicating that businesses and individuals are becoming more confident about a long-term recovery within the retail industry. Shopping centres, in particular,... Read More

New Headquarters Will Double LinkedIn’s Irish Workforce

new headquarters will double linkedins irish workforce
Posted on by Cliff Goodwin under Business News, Commercial Developments

LinkedIn, the online professional networking service, has continued its Irish acquisition spree with plans for a new corporate headquarters in Dublin. So far this year LinkedIn — often described as Facebook for suits — has cranked up its Irish... Read More

Tata Steel to sell Long Products Division

tata steel to sell long products division
Posted on 18 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

During the initial stages of the economic recovery, Britain’s manufacturing industry flourished due to a combination of strong overseas demand and an increasingly stable domestic market. However, Eurozone issues and importing issues within key markets have... Read More

Latest Markham Vale Development Ready by Spring

latest markham vale development ready by spring
Posted on by Cliff Goodwin under Business News, Commercial Developments

Work is expected to start before Christmas on the latest expansion of a 200-acre Derbyshire distribution and business park. The latest speculative build will add a 100,000sq ft warehouse and office building to the Markham Vale enterprise zone site with... Read More

WH Smith attributes Profit Rise to Transportation Hub Expansion

wh smith attributes profit rise to transportation hub expansion
Posted on 17 October, 2014 by Kirsten Kennedy under Business News, Economy

WH Smith has been one of the UK’s most popular High Street chains for many years now, with consumers frequently turning to the retailer for their stationery and reading needs. However, like many during the recession the retailer struggled to lift sales –... Read More

Israeli Billionaire Tightens His Grip on Camden Market

israeli billionaire tightens his grip on camden market
Posted on by Cliff Goodwin under Business News, Commercial Sales and Lets

An Israeli billionaire and gambling tycoon has paid up to £90m for a second chunk of one of London’s most famous market sites. In March, Teddy Sagi bought Camden Stables Market, on Chalk Farm Road, for £400m. He has now acquired Camden Lock Market... Read More

Regulator casts doubt on Grand Central Sale to Network Rail

regulator casts doubt on grand central sale to network rail
Posted on by Kirsten Kennedy under Business News, Commercial Developments

The upcoming New Street development is one of the most exciting retail developments to take place in Birmingham in recent years, with the 40 retail units and 20 new restaurants expected to create employment for up to 1,000 local residents. However, the future... Read More

Tokyo tops Asian Market

Posted on by Jodee Redmond under Worldwide Property News

Cushman & Wakefield has released its Winning in Growth Cities report for 2014-15, and Tokyo has been named as the largest commercial property investment market in Asia. The Japanese capital city reported 30.4 per cent increase in real estate... Read More

US-German Partnership Snaps Up Three More UK Parks

US-German Partnership Snaps Up Three More UK Parks
Posted on 16 October, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets

The German owner-managed investment company PATRIZIA AG has become joint owner of three more UK business parks as part of a £430m sell-off deal. PATRIZIA’s fifty-fifty venture with the Los Angeles-headquartered Oaktree Capital Management now makes... Read More

Vacancy Rates Climb in Irish City Centres

Vacant retail shop to let
Posted on by Kirsten Kennedy under Economy

Although the UK has seen widespread sustained recovery for the large part in the retail industry since the end of the recession, the ongoing issues surrounding the Euro have meant Ireland has lagged somewhat behind. This has seen vacancy rates in all but... Read More