The fourth-richest man in China, plans to raise up to $6 billion with the initial public offering (IPO) of shares in Dalian Wanda Commercial Properties Co. Ltd. Wang Jianlin has a net worth of $13.2 billion and has increased his holdings from 21 Wanda... Read More
With Christmas fast approaching businesses around the country are seeking office party venues, giving the pub and restaurant sectors a welcome boost to their end of the year takings. At Greene King, executives are hoping that the festive season will allow... Read More
Less than two years after it acquired a Buckinghamshire retail park as part of the "Saturn Portfolio" sell-off, out-of-town shopping and distribution investor LondonMetric Properties (LMP) has flipped the site in a £21.8m sale. Within hours it had... Read More
With a raft of new tenants coming on board, the opening of the Shangri-La Hotel, and The View from The Shard welcoming its millionth visitor, 2014 has been an exciting year for Western Europe’s tallest building. February was the month when activity... Read More
Although conditions on the high street remain tough, a number of retailers are managing to post strong results as consumers begin to warily spend once more. One such brand is the Edinburgh Woollen Mill, which has announced it will open at least 100 new stores... Read More
As widely anticipated the Chancellor used his Autumn Statement to confirm a review of business rates administration, following repeated calls from business and property groups to take action. The British Property Federation (BPF) recently published a... Read More
Property group Urban & Civic has this week confirmed its purchase of two key sites in Manchester from investment bank Morgan Stanley, upon which it intends to construct hundreds of apartments and hotel rooms. The deal, worth £22.45 million, has... Read More
Tesco continues to struggle against the tide of waning consumer interest, with offers from discounters such as Aldi and Lidl and upmarket brand Waitrose at present proving far more popular than their pledges to cut prices. Unfortunately, it seems that the... Read More
Scottish landlords should no longer automatically expect to recover the cost of repairing damage to their buildings, one of the country's leading property law experts has warned. For years it has been commonly accepted that lease agreements inevitably... Read More
It appears that this year’s statement will see the prayers of small businesses answered as the Chancellor intends to deliver a package of funding plans designed to aid SMEs. George Osborne is expected to announce the extension of a number of policies... Read More
