Monthly Archives: April 2015



Bilfinger GVA completes sale of Birmingham City University North Campus

Posted on 19 April, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Property adviser Bilfinger GVA has completed the sale of Birmingham City University's North Campus to Perry Beeches Academy Trust. The two buildings in Perry Barr, totalling 112,000 sq ft, are to be refurbished and remodelled in time for the 2016/17... Read More

Consumer Behaviour influenced by Store Design claims LSH

Posted on by Kirsten Kennedy under Business News

Many high street fashion retailers are currently seeking premises with double height fronts or flexible layouts as a means of creating a spacious, airy design sought after by consumers. However, a new study by Emily Fisher of property agent Lambert... Read More

Opus North Heads for Record Year as Armley Retail Park gets Green Light

Posted on 18 April, 2015 by Cliff Goodwin under Commercial Developments

Opus North — the Palmer Capital funded Yorkshire-based property developer — is on course to fulfill its own prediction that 2015 will be a record breaking year after receiving the green light on the latest of its multi-million pound schemes. So far this... Read More

New Owners pledge Significant Investment in Buttermarket Shopping Centre

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Shopping centre redevelopments continue to be hugely popular amongst UK commercial property investors and development groups, with many now choosing to look further afield for potential properties to acquire. This has been the case for Aberdeen based Drum... Read More

US Interest Rate Rise will hit Commercial Real Estate Values warns Entrepreneur

Posted on by Jodee Redmond under Worldwide Property News

For more than six years the US Federal Reserve has kept interest rates down to stimulate spending but this era has to come to a close, warns entrepreneur Jorge Newbery, and lifting the lid will hit commercial real estate values. Writing in the... Read More

JD Sports posts Strong Results on back of Expansion Programme

Posted on by Kirsten Kennedy under Business News

As the consumer climate continues to improve, sports retailers in particular are noting a considerable uptick in sales due to customers spending more on gym equipment and sportswear. This, along with an international expansion programme, has allowed high... Read More

Sainsbury’s to adapt Supermarket Space for Concessions and Non-Food Items

Posted on 17 April, 2015 by Kirsten Kennedy under Business News

As Sainsbury’s continues to fall further behind main rival Tesco in terms of sales, executives face the challenge of more effectively utilising selling space. Along with cutting back on new large format openings in order to focus on the expansion of its... Read More

British Land’s 10 Portman Square Fully Let

Posted on by Cliff Goodwin under Top Properties

Ten Portman Square — British Land’s iconic West End office block built as part of the investment company’s 2010 Development Programme — is now fully let. Weston Homes, a home counties residential developer, has taken a new lease on the... Read More

Revised Millbay Masterplan paves the way for transformation of Plymouth Waterfront

Posted on by Chris Grigorovsky under Commercial Developments

Plymouth planners have approved changes to the masterplan for the mixed-use redevelopment of Millbay, one of the South of England's largest regeneration projects. The masterplan covers the regeneration of the Victorian docks, built by celebrated... Read More

Over 11m sq ft of Office Space has been Lost to PDR says Report

Posted on by Chris Grigorovsky under Industry News

According to research by Lambert Smith Hampton (LSH), more than 11m sq ft of office space has been earmarked for alternative use since the relaxation of planning rules nearly two years ago. LSH’s Office Market Report for 2015 reveals that an area... Read More