Monthly Archives: April 2015



Aldi leapfrogs Waitrose to become UK’s Sixth Largest Supermarket

Posted on 10 April, 2015 by Kirsten Kennedy under Business News

While the Big Four may be starting to regain some ground in the battle of the supermarkets, it appears that the discounters remain very much in the picture. This has been evidenced this week by Aldi, which has become the sixth largest supermarket in the UK... Read More

Trust confirms first additions to £100m “premium” Portfolio

Posted on 9 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

Just weeks after it announced it had amassed a £100m war chest to spend on prestige UK property The Pervaiz Naviede Family Trust has made its first two purchases. The acquisitions — in Chester and Lytham St Annes — come after the trust’s... Read More

Shop Vacancy Rates fall to Five Year Low

Posted on by Kirsten Kennedy under Business News

Shop vacancy rates fell to their lowest level in five years last month as increased consumer confidence translated into greater stability in the retail and leisure sectors. According to figures compiled by the Local Data Company (LDC), the number of... Read More

Summer Start confirmed for New Covent Garden regeneration

Posted on by Neil Bird under Commercial Developments

The regeneration of New Covent Garden cleared another hurdle today as the agreement between the Covent Garden Market Authority (CGMA) and VINCI St. Modwen (VSM) became unconditional. The milestone paves the way for work to begin on the 57 acre South... Read More

Europe’s ‘Sexiest Hotel’ opens its Doors

Posted on by Kirsten Kennedy under Top Properties

Amidst the craze for vintage fashion and interior design inspired, in large part, by television shows such as Mad Men, the hotel sector is choosing to play catch-up by introducing boutique trends into major international cities. In Manchester, this has come... Read More

Cording pays £51m for Six Site Industrial Portfolio

Posted on by Cliff Goodwin under Commercial Sales and Lets

Brockton Capital and Dunedin Property have completed the joint sale of six regional industrial estates to Cording Real Estate. The asset manager paid £51m for the portfolio. Spread mainly across the Midlands and the north and south of England, the... Read More

Former Steel Town forges New Identity

Posted on by Cliff Goodwin under Business News

Three-quarters of a century after becoming Britain’s steel production capital, Corby is forging a new future for itself — as the country’s fastest growing town. Supporting a flood of new homes — according to the Land Registry the... Read More

IM Properties completes and fully lets Solihull Business Park in just 18 months

Posted on 8 April, 2015 by Kirsten Kennedy under Top Properties

IM Properties has completed and fully let its Solihull Business Park scheme only 18 months after initially acquiring the site, the award winning developer has confirmed. Marketing group Innerworkings is the latest company to take up space at the park,... Read More

China accounts for 85 per cent of US ‘investment visa’ recipients says Savills

Posted on by Jodee Redmond under Worldwide Property News

A rising number of Chinese are applying for EB-5 visas, which give US citizenship in return for a minimum $500,000 investment into a business in the country, according to real estate services firm Savills Studley (Savills). Chinese nationals are... Read More

Delivering Marischal Square vision is key to Aberdeen regeneration

Posted on by Chris Grigorovsky under Commercial Developments

Construction company Morgan Sindall has begun work on Muse Developments' mixed use Marischal Square development in Aberdeen city centre. The new £107 million development will deliver 173,500 sq ft of Grade A office space, a 126 bedroom four star Marriott... Read More