Monthly Archives: February 2015



St David’s Shopping Centre welcomes Alba Rose to Wales

Posted on 6 February, 2015 by Kirsten Kennedy under Top Properties

As retailers continue to expand amidst a favourable consumer environment, shopping centres in particular are noting a strong uptick in demand for prime units. This has seen the St David’s Shopping Centre in Cardiff sign a lease agreement with high end... Read More

Fall in Shop Vacancy Rates fails to disguise North-South Divide

Posted on 5 February, 2015 by Cliff Goodwin under Business News, Economy

Towns and cities in the north of England have twice as many empty shops as those in the south — with the North-East boasting the highest rate of vacancies in the country. The latest figures from the Local Data Company (LDC) — which monitors 3,000 town... Read More

Overseas Investors tipped to seal Waxworks Building Acquisition

Posted on by Cliff Goodwin under Commercial Sales and Lets, Top Properties

The building housing one of London's longest standing attractions is being offered for sale. Property entrepreneur, Nick Leslau, is asking at least £300m for the Marylebone Road premises occupied by Madame Tussauds wax museum since 1884. The... Read More

Plymouth Ocean Studios scheme nears Completion

Posted on by Cliff Goodwin under Commercial Developments, Top Properties

Work is nearing completion on a scheme to transform one of Plymouth's historic naval buildings into a creative hub "of regional and national significance". The 11-month Ocean Studios project not only involves upgrading the Grade I listed buildings... Read More

Hugo Boss expands Liverpool Metquarter presence

Posted on by Neil Bird under Top Properties

Hugo Boss has embarked on a major expansion and remodelling of its flagship store at Liverpool’s Metquarter. The German luxury style and fashion house has taken an additional floor at the designer shopping centre, increasing the size of its store to... Read More

Bricks and Mortar driving Online Sales

Posted on by Kirsten Kennedy under Business News

Many retailers struggled to adapt to the growing trend for online retailing during the recession, with the lower prices of cheap imports and the ease of home delivery proving immensely attractive to consumers. However, thanks to initiatives such as click and... Read More

Cathedral Lanes Redevelopment to bring National Restaurant Brands to Coventry

Posted on by Kirsten Kennedy under Business News, Commercial Developments

Although the upturn in the economy has seen shopping centre vacancy rates plummet in the past two years, centre owners in areas with high levels of competition continue to struggle to attract top names. In Coventry, however, Shearer Property Group has... Read More

Winning Performance expected from Glasgow Property Market following Games boost

Posted on 4 February, 2015 by Cliff Goodwin under Industry News

The optimistic fallout from last year's Commonwealth Games looks set to continue driving Scotland's property recovery for the rest of 2015 — with host city Glasgow tipped to put in a winning performance. Researched and published jointly by... Read More

Plans for ‘Birmingham Canary Wharf’ unveiled

Posted on by Chris Grigorovsky under Commercial Developments

A twenty year vision to create a global professional services hub in Birmingham has been unveiled today. The Snowhill Masterplan outlines the redevelopment of the Snow Hill and Colmore districts of the city to deliver a Midland’s rival to Canary... Read More

Crown Estate completes Double Industrial Asset Sale

Posted on by Kirsten Kennedy under Commercial Sales and Lets

The Crown Estate has taken advantage of a strong market in the south of the UK by offloading two industrial assets in deals worth a combined total of £21.5 million. Crown Industrial Estate in Taunton was acquired by Legal & General Property, on the... Read More