Despite the fact that consumers are now spending more than at any point since the financial crisis, the local pub remains under threat, with many of those forced to close in the past year being turned into convenience stores or discount units. However, a new... Read More
British Land has today (27th January) published its Q3 2014/15 trading statement, showing another good performance from the company. In the period to 31st December 2014, British Land completed 269,000 sq ft of retail lettings and renewals and 168,000... Read More
Property investor and developer Bruntwood, has purchased the former head office of KPMG, for an amount rumoured to be around £10 million. The acquisition of Two Cornwall Street was mentioned in Bruntwood's 2014 annual results, which boasts an impressive... Read More
A consortium of Northumberland businessmen has hired Newcastle-based Silverstone Building Consultancy to project manage the construction of a new convenience store within the county. Work on the 4,000 sq ft retail unit at Pegswood, near Morpeth, has... Read More
One of Yorkshire's most active property companies has revealed that it has more than £80m worth of office, retail and industrial projects across the north of England and Wales in its development pipeline. After an "excellent" 2014, Ilkley-based Opus... Read More
As councils nationwide continue to cut costs as a means of patching lowered budgets, developers are increasingly able to capitalise upon a growing supply of commercial assets appearing on the market. In Coventry, the city council has now confirmed that it... Read More
Space within the upcoming Grand Central Birmingham shopping centre is quickly filling up, with the development expected to bring a significant boost to the city centre when it opens later this year. The latest retailer to bag a unit is Foyles, with the... Read More
The office element of British Land’s Broadgate estate is fully let following a lease agreement with global collaborative workspace providers WeWork. WeWork is taking a 15 year lease on the bottom four floors and the ninth floor at 199 Bishopsgate,... Read More
As international investment in the UK continues to grow, many retail groups are seizing upon the opportunity to offload loss making brands as a means of improving the overall performance of their assets. This is the case for the Arcadia group, which has this... Read More
Australian construction company Lend Lease has outbid a trio of competitors to secure a £75m west London office contract for Legal & General Property (L&G). The 350,000 sq ft mixed-use development on Hammersmith Road is the third multi-million... Read More
