Monthly Archives: February 2015



Tesco Pension Fund seeks permission to Expand Leisure Offering at Jarman Park

Posted on 18 February, 2015 by Kirsten Kennedy under Commercial Developments

As consumer-facing commercial industries face increasing pressure from customers to diversify their leisure offering and tenant mix, site owners continue to engage in redevelopment projects meet demand. This is the tactic Tesco Pension Fund intends to utilise... Read More

Serviced Office Operator sought for Warrington Business Incubator

Posted on 17 February, 2015 by Cliff Goodwin under Top Properties

With construction of its £8.5m town centre business incubator well underway, Warrington Borough Council has launched a hunt for a company to manage the hub. The authority has hired real estate service provider CBRE to manage the search through The... Read More

Automotive Firm to set up shop in Cheshire

Posted on by Chris Grigorovsky under Business News, Commercial Developments

Coventry based automotive industry manufacturer, HPL Prototypes, is set to open up a new site near Crewe. The scheme will see a design and engineering centre being developed, which is expected to create around 70 skilled jobs. Terms have been agreed... Read More

Revolution toasts roll-out plans as Flotation nears

Posted on by Kirsten Kennedy under Business News

The owner of cocktail bar chain Revolution has confirmed it will return to the stock market next month and will shortly begin the search for suitable properties to fulfil a roll-out programme. Formerly known as Inventive Leisure, the Ashton-under-Lyme... Read More

Travelodge expansion reflects growth in Hotel and Leisure Sector

Posted on by Cliff Goodwin under Business News

Travelodge — Britain's second biggest budget hotel operator — is capitalising on its strong 2014 performance by confirming plans to open 25 new sites every 12 months for the next six years. The chain already has a £100m construction programme... Read More

REI adds to Birmingham Portfolio with Great Charles Street acquisition

Posted on by Neil Bird under Commercial Sales and Lets

Birmingham based property group, Real Estate Investors Plc (REI) has unconditionally exchanged contracts to complete the acquisition of 35-37 Great Charles Street in a £1.85 million deal. The 24,500 sq ft office building is close to the new Paradise... Read More

Guildhall Redevelopment attracts Restaurant Brands to Exeter

Posted on by Kirsten Kennedy under Commercial Developments

As the number of leisure based redevelopments and regenerations continues to grow in the UK, one would be forgiven for thinking that new space has become less in demand and competition amongst restaurant brands has fallen. However, this is certainly not the... Read More

Chinese Firm pledges £1 billion Investment in Docklands Scheme

Posted on 16 February, 2015 by Kirsten Kennedy under Commercial Developments

The upcoming regeneration of London’s Royal Albert Dock by Chinese developer Advanced Business Park (ABP) is one of the most eagerly anticipated projects in the capital at present, with the aim of creating the city’s third financial district. This week,... Read More

Industrial Property and Skills Shortages threaten Manufacturing Reshoring

Posted on by Kirsten Kennedy under Business News, Economy

As the UK becomes an ever more attractive destination for businesses, manufacturers are increasingly choosing to “reshore” their operations from overseas. But while a new report indicates that this could boost GDP by around £15 billion, a shortage of... Read More

Tata announces plans for Warwick HQ

Posted on by Chris Grigorovsky under Business News, Commercial Developments

TATA Technologies, the global engineering services firm, is to develop a European headquarters in Warwick.  The 3.8 acre site, to be developed by property company A.C Lloyd, represents a £16 million investment into UK and European operations. Planning... Read More