Monthly Archives: April 2015



Triple Contract win shows Construction Sector is gathering momentum says Howard Russell

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

Within weeks of announcing a threefold increase in its 2014 turnover a North-East construction company has landed three new contracts in less than a month. The senior management team at Howard Russell — Joe Prouse, Barry Wilkinson, David Varty, Craig... Read More

Kames and Boultbee in quick-fire Manchester Office deals

Posted on 16 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

After announcing that Manchester was high on its acquisitions hit list, investment manager Kames Capital has paid £17m for one of the city’s iconic office buildings. The sale comes less than 24 hours after property investor, Boultbee Brooks, snapped up a... Read More

WestQuay Shopping Centre confident of attracting new Occupiers as Arcadia Exit looms

Posted on by Kirsten Kennedy under Business News

While many retail chains are choosing to focus on widespread expansion, others are choosing to examine their property portfolios in order to determine whether or not stores are remaining profitable – especially as numerous high street and shopping centre... Read More

Commercial Development continues 31 Month Rise

Posted on by Cliff Goodwin under Commercial Developments

After rising continuously for 31 months the rate at which commercial schemes are being built in the UK has reached a 2015 high, claims a new survey. Almost 15 per cent of developers reported an increase in commercial activity during March, a half-point... Read More

Property Industry Charity backs Jobs for the Jobless Generation Campaign

Posted on by Neil Bird under Industry News

LandAid is supporting a stereotype-busting campaign which encourages companies to offer employment opportunities to young people. The property industry charity, which recently announced a record breaking year of grant awards, is backing the initiative... Read More

Northfield Sale underlines ‘Excellent Year of Progress’ for REI

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Birmingham based property group Real Estate Investors (REI) has announced the sale of 770-772 Bristol Road South in Northfield to an undisclosed private investor. The property comprises of 6,751 sq ft of retail space, with residential accommodation... Read More

Investor Interest extends beyond Core North East Sectors says Property Consultant

Posted on by Chris Grigorovsky under Industry News

According to property consultancy Knight Frank, investor interest in the North East commercial market extends beyond the core sectors. Investment partner Dickon Wood said that all sectors have seen an increase in investment activity over the last year... Read More

Mayfair Capital Charity Trust adds to Investment Portfolio

Posted on 15 April, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Mayfair Capital’s Property Income Trust for Charities (PITCH) has increased its investment portfolio to £350 million on the back of £17.3 million of acquisitions. The first acquisition is the forward purchase of an office building on Cambridge... Read More

Bruntwood announces first pre-let at 3 Sovereign Square

Posted on by Chris Grigorovsky under Top Properties

Law firm Addleshaw Goddard (AG) has pre-let 51,000 sq ft at Leeds’ 3 Sovereign Square, a joint venture development between Bruntwood and Kier Property. AG has agreed terms on a seventeen-and-a-half year lease for three of the five office space... Read More

Cheapside becomes first City of London Business Improvement District

Posted on by Neil Bird under Business News

Cheapside businesses have voted overwhelmingly to establish the City of London’s first Business Improvement District (BID) with 84 per cent of voters endorsing the proposal. As the private sector is asked to play a greater role in the public sphere,... Read More