Monthly Archives: March 2015



UK Land Estates completes Tyne Tunnel Estate upgrade

Posted on 20 March, 2015 by Cliff Goodwin under Top Properties

After standing empty for two years, UK Land Estates has completed the refurbishment of a 46,000 sq ft Tyneside factory for a local engineering company. The regeneration is part of a wider multi-million pound refurbishment of the development... Read More

British Land announces Joint Venture exchange with Tesco

Posted on by Chris Grigorovsky under Business News, Commercial Sales and Lets

British Land has announced that it is has completed a £733 million exchange of its joint venture properties with Tesco. Under the terms of the deal British Land has sold its 50 per cent interest in the joint venture portfolio, which comprises 21... Read More

St Modwen pressing ahead with Leegate revival

Posted on by Cliff Goodwin under Commercial Developments

More than three years after it first floated plans for the upgrade of a south-east London retail scheme, once dubbed the UK’s ‘worst shopping district’, regeneration specialist St Modwen has finally submitted a detailed planning... Read More

AFIAA advances Strategic Objectives with ‘exceptional’ Washington acquisition

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Zurich-based investment foundation AFIAA has added to its Washington DC portfolio with the acquisition of an ‘exceptional’ building in the heart of Chinatown. Arch Square, which provides approximately 55,000 sq ft of office and retail space, is... Read More

Architects appointed for Manchester New Bailey scheme

Posted on by Chris Grigorovsky under Commercial Developments

The English Cities Fund's (ECf) New Bailey scheme was officially launched at last week’s MIPIM international property conference where it announced that architects Make and AHMM will be working on the next two phases of the development. Ecf – a joint... Read More

Spanish Commercial Property Market Grows

Posted on by Jodee Redmond under Worldwide Property News

Savills, the industrial real estate advisor, is predicting the Spanish commercial property market is set to grow further in 2015. Last year, strong investment volumes were seen in the country’s office market where a total of €2.8 billion in... Read More

Birmingham City Council defers application for demolition of 103 Colmore Row

Posted on 19 March, 2015 by Neil Bird under Commercial Developments

Birmingham City Council’s planning committee has today made the surprise decision to defer the application from Sterling Property Ventures and Rockspring to demolish 103 Colmore Row in the city’s business district. This will now delay the... Read More

Council completes Jobs Circle with Northampton Warehouse approval

Posted on by Cliff Goodwin under Commercial Developments

South Northamptonshire Council (SNC) has given the green light to a speculative warehouse project which could create as many as 450 jobs. The twin storage and distribution development — offering 304,000 and 162,000 sq ft units — will be built by... Read More

Central London expected to See Double Digit Rental Growth in 2015

Posted on by Chris Grigorovsky under Industry News

According to DTZ, it is expected that rental growth in central London will hit double figures this year due to high demand and an under supplied market. Total availability in the office market has fallen by 27 per cent over the past year to 9.7 million... Read More

Hotel Operators compete for Toon Stadium site

Posted on by Cliff Goodwin under Commercial Developments, Top Properties

Several international operators are already queuing up to take on a controversial hotel next to Newcastle United’s St James’ Park stadium — weeks before a planning application is expected to be filed. If city planners eventually give the £47m... Read More