Monthly Archives: March 2015



New BHS Owner considers sale of 52 Stores

Posted on 19 March, 2015 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Last week, retail mogul Sir Philip Green made the monumental decision to sell his underperforming BHS department store chain for only £1 to a consortium of little known financiers and lawyers operating under the name Retail Acquisitions. Now, it seems that... Read More

Finland’s oldest company makes Birmingham move

Posted on by Cliff Goodwin under Business News

Fiskars — Finland’s oldest company and one of Europe’s longest surviving businesses — has confirmed it is moving its UK headquarters in Birmingham. Established in 1649 as an ironworks in a small Finnish village, Fiskars is today better known as... Read More

IMMOFINANZ Group intensifies activity in Germany with high-profile Düsseldorf Scheme

Posted on by Jodee Redmond under Worldwide Property News

Austrian investor and developer IMMOFINANZ Group has demonstrated its commitment to increase its activity in the German market, with the announcement that it has broken ground on FLOAT, a new office complex in Düsseldorf. The symbolic spade cut for... Read More

British Land announces £50 million investment in Meadowhall Shopping Centre

Posted on 18 March, 2015 by Kirsten Kennedy under Top Properties

For over two deacdes, Sheffield’s Meadowhall Shopping Centre has been one of Yorkshire’s top retail destinations and, to celebrate the centre’s 25th birthday, owner British Land has announced a mammoth £50 million investment into an internal... Read More

It’s time for the Industrial Sector to speak up and be heard says BPF

Posted on by Chris Grigorovsky under Business News, Economy

At a parliamentary reception, the UK's largest industrial landlords have warned that the shortage of new industrial property will cause long term obstacles on the path to economic recovery. According to research from the British Property Federation... Read More

Tyneside Theatre Company bridges Funding Gap with Property Development role

Posted on by Cliff Goodwin under Commercial Developments

A North-East theatre company is investing more than £10m in a riverside commercial development to help it survive future grant and funding cuts. Newcastle’s 1973-founded Live Theatre has so far spent millions of pounds buying up buildings and land... Read More

Outlook bright for South Wales Commercial Property Market

Posted on by Kirsten Kennedy under Industry News

While many areas are enjoying a resurgence in commercial property activity, it seems that South Wales is benefiting more than most. Thanks to a huge media presence in Cardiff and the growing prowess of the region’s manufacturing industry, 2014 was very... Read More

Work begins on Tewkesbury Leisure Centre

Posted on by Kirsten Kennedy under Commercial Developments

As leisure complexes become increasingly popular with consumers, local authorities are increasingly granting planning permission for upgrades and redevelopments for existing facilities along with a significant uptick in new centres. This has seen Tewkesbury... Read More

Bulgaria posts biggest rise in EU Commercial Property sales in 2014

Posted on by Jodee Redmond under Worldwide Property News

Bulgaria has the distinction of leading the rise in commercial property sales in the EU last year, according to the results of a new study published by Cushman & Wakefield. In the latest edition of the International Investment Atlas, €254 million... Read More

Pension Fund backing for ‘Silver Bullet’ and ‘Black Velvet’ Warehouse Schemes

Posted on 17 March, 2015 by Cliff Goodwin under Commercial Developments

A corporate pension fund client of international property investment manager, Cordea Savills, has agreed to finance the speculative construction of two Warwickshire ‘big huts’ along with developers Canmoor. The two Hams Hall warehouses will be... Read More