Monthly Archives: October 2015



Strong Economy will drive Regional Construction until 2018

Posted on 7 October, 2015 by Cliff Goodwin under Commercial Developments, Economy

For the first time in almost five years the West Midlands construction industry is experiencing a “bounce back” on the scale of that previously only concentrated in the South West. According to a new construction activity index, jointly compiled by... Read More

IKEA Centres Russia Shows New Moscow Shopping Centre at Expo

Posted on by Chris Grigorovsky under Worldwide Property News

The largest shopping centre operator in Russia and part of the IKEA Group, IKEA Centres Russia, will be taking part in the EXPO REAL event for the first time, to present a major 230,000 sqm flagship MEGA Mytischi shopping centre in Moscow and show the great... Read More

Twitter Signs Pre-Let Deal For New Dublin Headquarters

Posted on 6 October, 2015 by Cliff Goodwin under Commercial Sales and Lets

Twitter — the online social networking service with more than 300m active users — is taking 85,000 sq ft of Dublin office space from Hibernia REIT. The pre-let deal, ahead of a €27m (£20m) refurbishment, will see the internet giant take more than... Read More

Stockport Exchange Signs Holiday Inn Deal

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

Muse Developments and Stockport Council have signed a pre-let agreement with InterContinental Hotels Group (IHG) to take over a 115-bed hotel in the Greater Manchester town. To be operated as Holiday Inn Express Stockport, the hotel is a key... Read More

Birmingham: The New Place for Investors

Posted on by Chris Grigorovsky under Economy

Usually when we think of London there's a certain image we create. For as long as we can remember it has been seen as the hub of the business world in the UK. With its vast business districts and awe inspiring office skyscrapers, it is a romanticism for... Read More

Plans for new Digbeth Hotel doubled in Size

Posted on by Kirsten Kennedy under Business News, Commercial Developments

Thanks to a wide variety of regeneration projects currently ongoing in Birmingham, the city has become something of a prime target for commercial investors and retail and leisure operators during the past several years. One of the major advantages of... Read More

Demand for Northern Property boosts Profits at Knight Frank

Posted on 5 October, 2015 by Kirsten Kennedy under Business News, Commercial Sales and Lets

As investors increasingly turn their attention to the north of the UK, property agents operating in the region are enjoying a return to prosperity not seen since before the financial crisis struck in 2008. This has seen global property consultancy... Read More

Hunter Launches UK Retail Trust Fund

Posted on by Chris Grigorovsky under Business News

Hunter Real Estate Investment Managers has confirmed today the launch of UK Retail Trust, a closed-end fund which will invest in underutilised assets located in desirable high street-led locations across the UK. With Hunter's proven track record of... Read More

Invesco Real Estate Acquires Mairo In Frankfurt

Posted on by Jodee Redmond under Business News, Commercial Sales and Lets

Peakside Capital Advisors AG (“Peakside”) and Groß & Partner announce the sale of mairo, a mixed-use asset in Frankfurt to global real estate firm Invesco. The building will situated in a prime location in the city’s opera district when it is completed... Read More

New Report Reveals 7.5% Vacancy Rate in UK Warehouse Market

New Report Reveals 7.5% Vacancy Rate in UK Warehouse Market
Posted on 4 October, 2015 by Chris Grigorovsky under Economy, Industry News

In association with the UK Warehousing Association (UKWA), a report by Savills has showed that the current total volume of existing warehouse space in the UK is 424 million sq ft, with a nationwide vacancy rate of 7.5%. It also looks into warehousing... Read More