Monthly Archives: November 2014



Deutsche Bank to sell $2 Billion in Property Loans to US Private Equity Firm

Posted on 17 November, 2014 by Jodee Redmond under Worldwide Property News

Deutsche Bank has agreed to sell a $2 billion portfolio of commercial property loans to TPG, a US private equity firm, it is reported. The deal is being driven by the upswing in the commercial real estate market, and Deutsche Bank is expected to post a... Read More

North East Construction Firm ends Record Breaking Year with London Fruit & Veg Job

Posted on by Neil Bird under Commercial Developments

Independent construction firm, Howard Russell, has been appointed as the main contractor on the £2.5 million refurbishment of a northwest London fruit & vegetable warehouse. The Northumberland based firm will undertake the fit-out of Mash... Read More

Affluent Tunbridge Wells Demographic attracts Expanding Retailers

Posted on by Neil Bird under Top Properties

Hermes Investment Management has confirmed that two new tenants are to open outlets at its popular Royal Victoria Place shopping centre in Tunbridge Wells. In line with its ambitious expansion into the UK market, Australian stationary company Smiggle... Read More

Frankfurt Christmas Market returns to Birmingham

Posted on by Kirsten Kennedy under Business News

Each year, cities around the UK strive to put on the best Christmas celebrations possible as a means of attracting consumers from out of town retail parks, encouraging a higher level of spending and supporting local businesses of all sizes. This year, the... Read More

Rotherham Urged To Seize Development Opportunities

Posted on 16 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

A specialist developer — which earlier this year snapped up Birmingham's historic Assay Office — has now completed South Yorkshire's largest property investment deal in decades. TCN UK, dedicated to creating unique and innovative workspaces for small... Read More

Offers Invited For 24 Unit Project Steel Portfolio

Posted on 15 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Industry News

Property auction specialist Allsop Space has set a guide price of €13.5m (£10.7m) for a package of 24 Irish industrial units spread across the country. The assets will be sold as a single lot in a straight sale. The Project Steel portfolio —... Read More

Tesco moves into Shopping Centre Market with Lincoln Acquisition

Posted on 14 November, 2014 by Kirsten Kennedy under Business News, Commercial Developments, Commercial Sales and Lets

With Tesco’s financial issues growing more prominent by each passing quarter, executives have made the decision to cut back on non-essential spending as a means of patching the large black hole discovered in the group’s finances last month. However, it... Read More

Solihull Shopping Centre to undergo Major Expansion

Posted on by Kirsten Kennedy under Business News, Commercial Developments, Commercial Sales and Lets

As shopping centre owners nationwide attempt to capitalise upon the gradually improving consumer mood, a wave of expansions for developments around the country are being announced. One of the most significant expansion deals agreed of late is the Touchwood... Read More

Logistics Plan For Britain’s Biggest Ammunition Store

Posted on by Cliff Goodwin under Business News, Industry News

One of Europe's largest military ammunition dumps is being offered for sale by the Ministry of Defence as a potential logistics hub. MoD Longtown, on the Scottish border close to Gretna, is Britain's sole survivor from a trio of central ammunition depots... Read More

A-List Kildare Village Gets 36 New Fashion Stores

Posted on by Cliff Goodwin under Business News, Commercial Developments

Work has started on a €50m (£39m) plan to enlarge one of Ireland's most successful fashion hotspots — which already lists actress Elizabeth Hurley, model Suki Waterhouse and American socialite Olivia Palermo among its regular celebrity... Read More