Monthly Archives: February 2015



Helm Construction tackles Skills Shortage with Home Grown Talent

Posted on 26 February, 2015 by Kirsten Kennedy under Business News, Commercial Developments

The construction industry continues to benefit from growth in both the residential and commercial property sectors, with the boom expected to continue until the end of the current decade. However, the issue of skills shortages is becoming more prominent day... Read More

IHG announces Manchester Hotels Deal

Posted on by Chris Grigorovsky under Commercial Developments

InterContinental Hotels Group (IHG) has announced that two new hotels are to be built in Manchester. Both situated on Oxford Road, The Crowne Plaza Manchester and Staybridge Suites Manchester, are part of The University of Manchester's £1 billion campus... Read More

Whitbread plans Costa Coffee and Premier Inn expansion as Profits surge

Posted on by Kirsten Kennedy under Business News

The Whitbread Group has become a dominant force in the UK’s retail and leisure markets, with its Costa Coffee and Premier Inn chains managing to grow their customer bases at a strong pace. This has allowed the group to express a confidence that full year... Read More

Deloitte fears impact of Lease Renewal Period on Shop Vacancy Rates

Posted on by Kirsten Kennedy under Business News

The high street has been one of the main focal points of the retail industry since the beginning of the recession, with its various ups and downs becoming something of a barometer to measure the overall health of the industry as a whole. However, this year... Read More

Retail Portfolio sale designed to Test Investor Appetite

Posted on 25 February, 2015 by Cliff Goodwin under Commercial Sales and Lets

Codenamed Project Orange — and containing one-million square feet of retail space — two of Britain’s biggest property companies have put a £300m portfolio on the market. Part of the Hercules Unit Trust (HUT), British Land and Schroder Real... Read More

“Emmerdale” Mill Fully Let after Multi-Million Pound Conversion

Posted on by Cliff Goodwin under Top Properties

A converted Yorkshire mill complex — which featured in the television soaps Emmerdale and Heartbeat — is now fully let following a near £3m upgrade. During the past two years Sunny Bank Mills, between Leeds and Bradford, has undergone a £2m... Read More

Preston St George’s Shopping Centre sold to InfraRed Capital Partners in £75 million Deal

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Shopping centre acquisitions remain a key strategy for commercial property firms and funds, with the generous returns and growing rental value proving to be a powerful incentive for investors both at home and overseas. This has seen InfraRed Capital Partners... Read More

Resorts World Birmingham 80 per cent let following Trio of Signings

Posted on by Kirsten Kennedy under Top Properties

Resorts World Birmingham, which is scheduled to open later this year, has announced that it is now almost 80 per cent let following a trio of new signings. Restaurant chains TGI Fridays and Pizza Express and fashion brand Next have all pre-let... Read More

Glasgow Office Deals a ‘Major Coup’ for CityPark

Posted on by Cliff Goodwin under Top Properties

A Glasgow office building — that was once Scotland’s biggest tobacco factory — has landed two of the city’s biggest letting deals of the year. The largest of the twin signings involves American computer and technology company, Dell. It already... Read More

British Land launches consultation over Speke Retail Park expansion

Posted on by Kirsten Kennedy under Commercial Developments

The number of retail and leisure redevelopments continues to gather pace with developers constantly seeking profitable opportunities following several years of recession. This week, British Land has confirmed it will seek planning permission for a large scale... Read More