Monthly Archives: May 2015



Student Accommodation changing South West Commercial Property Landscape

Posted on 8 May, 2015 by Chris Grigorovsky under Industry News

Student accommodation is changing the face of the South West commercial property landscape, according to the head of Bruton Knowles' Bristol office Paul Williams (pictured). Mr Williams says that the conversion of secondary or surplus space into student... Read More

Derwent London reports strong First Quarter letting performance

Posted on 7 May, 2015 by Kirsten Kennedy under Business News

Derwent London has today reported a strong first quarter letting performance, reflecting the current appetite of the capital’s occupier market. According to the group’s latest business update, the first quarter saw 225,400 sq ft of lettings... Read More

Former Government Minister calls for Regional Devolution for the Midlands

Posted on by Kirsten Kennedy under Business News

A former government minister has called for regional devolution for the Midlands. Steve Norris, the former Conservative MP, Minister for Transport and London Mayoral candidate, delivered his message during a speech at the annual Investment Property Forum... Read More

Former Oxfordshire home of Caterham F1 for sale

Posted on by Cliff Goodwin under Commercial Sales and Lets

The 28-acre Oxfordshire headquarters of the bankrupt Caterham Formula One racing team has been put up for sale by the receivers with a guide price of £5.5m. Formed in 2012 as a British Grand Prix team — as a spin off from the sportcar manufacturer... Read More

Busy Summer forecast for Irish Office Market

Posted on by Cliff Goodwin under Industry News

Although Irish office take up fell early this year, two separate reports are predicting an “exceptional busy summer” as the country's commercial sector continues to strengthen. According to a new Jones Lang LaSalle (JLL) survey, just 340,000 sq ft... Read More

Construction activity falls sharply in April

Posted on by Kirsten Kennedy under Business News, Economy

UK construction companies reported a sharp fall in growth momentum in April, with output and new orders expending at the slowest rates since June 2013, according to the latest industry survey by Markit. As a result of this fall in activity, the... Read More

Property Writedowns add to Sainsbury’s Woes

Posted on 6 May, 2015 by Kirsten Kennedy under Business News

The supermarket price war has taken a toll upon the annual profits of the UK’s major grocery retailers, with Tesco, Asda and Morrisons all having posted a negative set of results recently. Unfortunately for Sainsbury’s it appears that this seems to... Read More

Intu Properties reports a stable start to 2015

Posted on by Kirsten Kennedy under Business News

Intu Properties has today released a trading update that reports an improvement in the letting market and in overall performance at centre level. The latest results, following the firm’s annual general meeting (AGM,) show that its current strategy is... Read More

TfL on the move to Stratford’s £2.1bn Business District

Posted on by Cliff Goodwin under Commercial Developments

Lend Lease (LL) says it will start work later this month on the first office building for its planned new East London International Quarter. The confirmation came less than 24 hours after the company and its joint venture partner Continental Railways (LCR)... Read More

Property Fund invests £4.5m in Birmingham Office refurbishment

Posted on by Chris Grigorovsky under Top Properties

It has been revealed that Standard Life Investments Pooled Pension Property Fund is investing £4.5 million in the refurbishment of 19 Cornwall Street, Birmingham. Work is already underway and will provide an additional 42,000 sq ft of Grade A office space... Read More