Citing a desire to better serve its customer base and strengthen the company’s position for long-term growth, Mercedes-Benz USA has announced that it will move its US headquarters from its current location in New Jersey to Atlanta. The company plans... Read More
Just weeks after it was named as one of the top ten world cities to visit in 2015, Birmingham has displaced Berlin to be included in a list of Europe's leading business travel destinations. Last month Rough Guides claimed the Midlands' city was among... Read More
New York City has emerged as the top spot among global commercial real estate investors pushing London into second place. The vast majority (more than 90 per cent) of respondents to a survey conducted by the Association of Foreign Investors in Real... Read More
According to the 2014 International Construction Costs Report, the cost of construction within Central London is the highest in the world. Construction consultant Arcadis has compared building costs in a total of 43 countries and discovered that the... Read More
American private equity firm, KSL Capital Partners, has reportedly set a 30-day deadline for offers on its Malmaison and Hotel du Vin portfolio — less than two years after it paid £200m for the chain of 29 hotels. Acquiring the business in 2013 from the... Read More
With commercial property investors increasingly turning to the regional markets, Birmingham is attracting considerable interest. According to a new report by PwC, this will see the city overtake London as the most attractive location for property investment... Read More
Planners have rubber-stamped the master plan for a new £107m bioscience hub at AstraZeneca’s former Alderley Park site in Cheshire. It's claimed the scheme could create as many as 7,000 jobs. Last year the pharmaceutical giant confirmed it was... Read More
A high-tech refurbishment that included the installation of fibre optic broadband has prompted a rush of lettings at a West Midlands industrial park. Of 11 vacant units on Solihull’s Monkspath Business Park, ten — totalling more than 116,520 sq ft of... Read More
According to research conducted by property consultancy GVA, the M42 corridor out-of-town office market saw a significant upswing in activity last year, with a total of 420,00 sq ft of deals being made. This is nearly double 2013's total of 224,395 sq... Read More
With global commercial property transactions reported to be at record levels, many industry experts are now concerned that the current frenzy of investment will lead to a “bubble” if prices continue to rise. According to the annual survey of... Read More
