The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores... Read More
The Brexit has caused mass panic across the UK economy, with many experts fearing the worst in major sectors. However, the leisure sector is being seen in a different light, with predictions of increased interest as time moves on. Colliers... Read More
Just days after the controversial UK exit from the EU, a number of experts have said that demand for UK commercial property will weaken. Experts, including JLL UK’s chief executive officer, Chris Ireland, have said that activity levels are expected... Read More
The UK high street has received a positive shot of adrenaline as health food retailer, Holland & Barrett, has managed to surpass its £100m profits, showing the brand’s continued growth. Across the 694 UK stores and 99 international franchises, sales... Read More
An office building in Birmingham city centre is set to receive a £2.5m overhaul, in order to meet growing demand for smaller floorplates. Occupying the corner plot of Temple Row and Bull Street on the route of the Midland Metro extension, No. 4 Temple... Read More
Retail property firm, Hammerson plc, has officially completed the disposal of Thurrock Shopping Park in Essex for £93 million to TH Real Estate. The park has a net internal area of 25,500 metre squared and comprises two retail schemes, which includes... Read More
New research from Lambert Smith Hampton has revealed the gap between London and regional office costs has reached record highs, which is set to push occupiers out of the capital. The firm’s ‘Total Office Cost Survey (TOCS) 2016’ found the main... Read More
Despite online shopping dominating the retail market, the majority of shoppers still favour town centres, new research has revealed. The survey of 2,000 UK shoppers, conducted by Bracknell Regeneration Partnership, 50:50 joint venture partnership... Read More
Steinhoff, the South African retailer has confirmed it is looking at making an offer for Poundland. In accordance with UK takeover rules, Steinhoff need to confirm its bid by 13 July. Harvey’s, the UK furniture chain is owned by Steinhoff and... Read More
New controversial plans proposed by the government include the requirements for firms to submit quarterly tax updates rather than the annual tax return. This could see an increase in effort, time and costs of operating businesses, especially for SMBs and... Read More
