Monthly Archives: November 2014



London Assembly calls on Boris to rethink approach to Tall Buildings

Posted on 6 November, 2014 by Neil Bird under Commercial Developments

The London Assembly has unanimously agreed a motion calling on Mayor Boris Johnson to rethink his approach to tall buildings. The Assembly has expressed its concern about the impact on the London skyline of the 230 skyscrapers currently in the... Read More

Cardiff Central Square to become Gateway to Wales

Posted on by Cliff Goodwin under Commercial Developments

Cardiff City Council has unveiled a master plan to add more than a million square feet of commercial and retail space to a redesigned Central Square. The ambitious scheme — part of a regeneration partnership between City of Cardiff Council and local... Read More

City Workers express Safety Fears as Cheesegrater is Cordoned Off

Posted on by Neil Bird under Top Properties

Workers in the City of London have spoken of their fears after two steel bolts fell from the Cheesegrater, prompting emergency safety checks on the 47 storey office tower. The area around the base of the Leadenhall Building is cordoned off this morning... Read More

Mailbox co-owner in joint venture Business Park acquisition

Posted on by Cliff Goodwin under Commercial Sales and Lets

Saltley Business Park in Birmingham has been sold to new joint venture owners as part of the £146m sell off of Hansteen UK Industrial Property Unit Trust’s (HPUT) 42-asset portfolio. The West Midland’s commercial estate — situated north of the... Read More

High Street Competition pushes down Prices for 18th Consecutive Month

Posted on by Kirsten Kennedy under Economy

As consumers remain wary about excessive spending, shops are increasingly lowering their prices as a means of shifting stock and encouraging customers back through their doors. This has seen prices fall for the 18th consecutive month, according to new data... Read More

Barbirolli revamp a ‘Vote of Confidence’ in Manchester Office Market

Posted on 5 November, 2014 by Cliff Goodwin under Top Properties

The owner of what was once one of Manchester’s most prestigious business addresses has unveiled a multi-million pound upgrade to compete with nearby office schemes such as One St Peter's Square. Scottish Widows Investment Partnership (SWIP) acquired... Read More

M&S Boss ‘pleased’ with 13th consecutive Quarterly Sales Drop

Posted on by Kirsten Kennedy under Business News

Marks & Spencer (M&S) has continued its poor trading form, confirming its 13th consecutive quarterly sales drop for the second quarter of 2014. The problem still appears to be with the M&S clothing line, which was the primary contributor to... Read More

New Report reveals extent of London’s contribution to Public Finances

Posted on by Neil Bird under Economy

London made a £34 billion net contribution to UK public finances in 2013/14, supporting jobs and growth throughout the UK, a new report reveals. London’s Finances and Revenues report - produced by the Centre for Economics and Business Research... Read More

Supermarkets and London Shops face Business Rates Revaluation Blow

Posted on by Kirsten Kennedy under Business News

The UK’s leading supermarkets, already losing market share to discounters, face another blow due to the delayed business rates revaluation due to take place next year, a rating expert warns. According to analysts, members of the Big Four could face... Read More

Birmingham Office Deals break Five Year Record

Posted on by Cliff Goodwin under Industry News

Birmingham is now Britain’s top regional location for city centre office transactions — breaking its quarterly average take-up for the first time in five years. In its latest Big Nine report, property consultants GVA claim the West Midlands’ city... Read More