Monthly Archives: September 2015



New Letting Activity completed at Princesshay Shopping Centre in Exeter

New Letting Activity completed at Princesshay Shopping Centre in Exeter
Posted on 3 September, 2015 by Kirsten Kennedy under Commercial Sales and Lets

In recent months The Crown Estate and TH Real Estate, working together under the moniker The Princesshay Partnership, have invested significant amounts into the regeneration and improvement of Exeter’s Princesshay Shopping Centre. As well as enhancing the... Read More

Retail and Automotive Deals Driving West Midlands Recovery

Retail and Automotive Deals Driving West Midlands Recovery
Posted on by Cliff Goodwin under Business News, Economy

Eight years after the first symptoms of the global recession the West Midlands economy has at last returned to "rude health", according to Lambert Smith Hampton's (LSH). In the agency’s latest Industrial and Logistics Market Review it highlights at... Read More

Union Investment “Slims Down” Hotel Portfolio with Sale of Hamburg Marriott

Union Investment Slims Down Hotel Portfolio with Sale of Hamburg Marriott
Posted on by Cliff Goodwin under Commercial Sales and Lets

The global investment and property developer, UK & European Investments, has returned to the Hamburg leisure market with the acquisition of a Marriott hotel in the German city. The London-headquartered company paid Union Investment (UI) €65m... Read More

Plans unveiled for Multimillion Revamp of Bath Racecourse

Posted on 2 September, 2015 by Kirsten Kennedy under Business News, Commercial Developments

As consumers continue to increase their disposable income spending upon leisure pursuits, numerous destinations throughout the UK are investing in upgrading their facilities as a means of offering a more rounded experience. This has been the case in... Read More

Cushman & Wakefield Completes DTZ Merger

Posted on by Chris Grigorovsky under Business News

Global leader in commercial real estate services, Cushman & Wakefield, has announced the triumphant completion of its merger with DTZ in “game-changing event in commercial real estate.” This new Cushman & Wakefield, will bring the best from both... Read More

Rockspring Acquires Aberdeen’s Annan House For Hanover Trust Fund

Posted on by Cliff Goodwin under Business News, Commercial Sales and Lets

EnQuest — the UK’s largest independent petroleum exploration and production company — has sold Annan House in Aberdeen to Rockspring Property Investment Managers for £45.1m. Acquired on behalf of Rockspring’s Hanover Property Unit Trust the... Read More

Birmingham Markets Green Light Will Unlock Smithfield Regeneration Site

Posted on by Cliff Goodwin under Business News, Commercial Developments

One of Europe’s biggest commercial developers looks set to receive the go-ahead for its plan to relocate Birmingham’s city centre wholesale markets. Coleshill-based IM Properties, which lodged plans for the regeneration of 17-acres close to Witton... Read More

Birmingham named “Perfect Climate for Property Investors” by CBRE

Posted on 1 September, 2015 by Kirsten Kennedy under Commercial Developments, Commercial Sales and Lets

It is no secret that numerous firms are currently seeking to move into Birmingham thanks to the large number of ongoing regeneration currently taking place in the West Midlands city. According to CBRE, the resulting occupational markets, coupled with... Read More

Marina Quay Shopping Centre boosts Rhyl Desirability

Posted on by Kirsten Kennedy under Commercial Sales and Lets

The upcoming Marina Quay Shopping Centre has caused a whirl of excitement in Rhyl, North Wales, with many hoping that the new retail destination will be the trigger for a large scale regeneration of the wider seaside town. Indeed, there are signs... Read More

Is Corbo About To Buy Back Fairhill Shopping Centre?

Posted on by Cliff Goodwin under Business News, Commercial Sales and Lets

Speculation is rising that property company, Corbo, is about to buy back Fairhill Shopping Centre — the Ballymena retail park its developer, Sam Morrison, lost control of during the financial crisis. Following the disposal of two other retail assets... Read More