Monthly Archives: April 2015



Partnership plans Warehouse Development following acquisition of derelict Wolverhampton Site

Posted on 15 April, 2015 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

A partnership developing an 18-acre Wolverhampton brownfield site is already in discussion with potential occupiers. The Wednesfield plot has planning permission for 400,000 sq ft of warehouse and logistics space. The Bridges Property Alternatives Fund... Read More

Grafton Shopping Centre sale offers Investors a ‘Fascinating Piece of Real Estate’

Posted on by Kirsten Kennedy under Commercial Sales and Lets

The Grafton Shopping Centre has been placed on the market by current owners M&G Investments, with an asking price of £92.5 million. Agents Cushman & Wakefield confirm that planning consent is in place for a redesign of the Cambridge site,... Read More

Travelodge Results demonstrate Strength of Value Hotel Market

Posted on 14 April, 2015 by Kirsten Kennedy under Business News

The consumer appetite for budget hotel rooms continues to grow as more UK residents than ever seek to indulge in “staycations” during the holiday season. This has proven immensely profitable for Travelodge which, thanks to its ongoing expansion programme,... Read More

Bond Car Maker targets two Potential Production Sites

Posted on by Cliff Goodwin under Business News

Aston Martin has confirmed it has been talking to both Westminster and the Welsh Government over its plans to open a new plant to build its new eco-friendly sports car. Headquartered in Gaydon, Warwickshire, the company behind James Bond’s prefered... Read More

British Council of Shopping Centres appoints new Chief Executive

Posted on by Kirsten Kennedy under Industry News

Retail property body The British Council of Shopping Centres (BCSC) has today announced that John Coyne has been appointed as its new Chief Executive. Mr Coyne, who takes-up his position in June, currently acts as interim managing director of Improving... Read More

British Land invests £210m to extend ownership of Paddington Central

Posted on by Cliff Goodwin under Commercial Sales and Lets

Two years after it first bought into London’s Paddington Square development, British Land has extended its investment in the campus with the £210m acquisition of One Sheldon Square. The purchase, from Malaysia’s Employees Provident Fund, brings... Read More

North West Pubs face “Identity Crisis” says Insolvency Body

Posted on by Kirsten Kennedy under Business News

Manchester may be home to the best known fictional pub in Britain but, according to insolvency trade body R3, around one third of real-life Rovers Returns in the North West are struggling to overcome an ‘identity crisis’ that threatens their... Read More

John Lewis “weeks away” from NI Store application MP claims

Posted on by Cliff Goodwin under Business News

After three-way talks with a national retailer and shopping centre operator, an MP says he is “confident” Northern Ireland will soon get its first John Lewis store. If fulfilled, Jeffrey Donaldson’s claim will mean the end of an 11-year struggle... Read More

‘Proper Hamburger’ brand Byron announces Ambitious Expansion Plan

Posted on 13 April, 2015 by Kirsten Kennedy under Business News

As the economy continues to improve and inflation remains on a downward trend, consumers are increasingly finding more cash in their pockets to spend on luxuries such as eating out. This has proved immensely profitable for restaurant businesses such as... Read More

Anniversary upgrade planned for historic Grainger Market

Posted on by Cliff Goodwin under Top Properties

Newcastle's historic Grainger Market — which houses the world’s smallest branch of Marks & Spencer — is about to undergo an £800,000 revamp. Opened in 1835 the market celebrates its 180th anniversary this year. At the heart of the city’s... Read More