Monthly Archives: August 2015



Silverstone secures Second Warehouse re-fit Contract

Posted on 25 August, 2015 by Cliff Goodwin under Commercial Developments

Less than week after landing a contract to oversee the £250,000 refurbishment of a north Tyneside industrial unit, Silverstone Building Consultancy has been hired to carry out the six-figure upgrade of a County Durham warehouse. From left to right: Neil... Read More

Few Signs of Investor or Occupier Demand faltering in London Office Market

Posted on by Neil Bird under Industry News

The central London office market remains buoyant with few signs of either investor or occupier demand faltering in the near future. According to the latest market research from Cushman & Wakefield, investment volumes during Q2 stood at £4.4... Read More

TH Real Estate sells London Shopping Centre to CBRE

Posted on 24 August, 2015 by Kirsten Kennedy under Commercial Sales and Lets

TH Real Estate has sold the Angel Central Shopping Centre in Islington to CBRE Global Investors on behalf of its joint institutional fund owners. Although a price is yet to be revealed by either party, the centre’s location and high footfall levels... Read More

BAM appointed to Clydebank Leisure Centre scheme

Posted on by Neil Bird under Commercial Developments

Leading construction company BAM has been appointed by West Dunbartonshire Council to deliver a £22 million leisure centre on the banks of the Clyde. Work has already begun on the state-of-the-art four-storey building, designed by architects Kennedy... Read More

NewRiver Retail raises a Glass to Pub Portfolio acquisition

Posted on by Kirsten Kennedy under Business News

NewRiver Retail has announced that it has exchanged contracts with Punch Taverns to acquire a portfolio of 158 pubs in England and Wales in a £53.5 million deal. The UK REIT, which specialises in value-creating retail property investment, active asset... Read More

Regional Office Investment reaches Eight-Year High

Posted on by Cliff Goodwin under Industry News

Britain's regional office markets witnessed a surge in occupier demand during the second quarter of 2015 with signings on more than two-million square feet of floorspace - a rise of 51 per cent on the previous three months and 49 per cent above the five-year... Read More

Google starts Work on new €150m Dublin Data Centre

Posted on 23 August, 2015 by Cliff Goodwin under Commercial Developments

Google — which has spent more than €400m (£290m) in Ireland since 2010 — has started work on a new €150m (£108.8m) data centre in Dublin. The internet giant's new two-storey facility is being built adjacent to its existing data centre at... Read More

US Commercial Real Estate Market becoming Overpriced claims Report

Posted on 22 August, 2015 by Jodee Redmond under Worldwide Property News

Real estate research firm Situs RERC has issued a report regarding the state of the US commercial real estate market, and the findings point towards the market becoming overpriced, particularly in the case of the leading markets. The report states that... Read More

CEG plans Leeds City Centre scheme following Holbeck Portfolio acquisition

Posted on 21 August, 2015 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

The Commercial Estates Group (CEG) has paid almost £10m for a collection of seven plots within Holbeck Urban Village. It was the company’s second attempt to acquire the 5.8-acre Leeds city centre portfolio. In 2005 CEG attempted to buy the entire... Read More

Fall in Demand for Farmland leads to reduced Price Growth Expectations

Posted on by Chris Grigorovsky under Business News

The supply of commercial farmland increased during the first half of the year, leading to significant price growth expectations. According to the latest RICS/RAU Rural Land Market Survey H1 2015, demand growth moderated throughout many parts of the country... Read More