Privately owned commercial property company Ravensworth Developments has secured the first letting at its recently completed Portobello Trade Park in Gateshead. From left to right: Nick Atkinson of HTA Real Estate with Steven Stipetic & Mark Brown of the Bathroom Cladding Shop and Geoff Clark of Ravensworth Developments at the... Read More
A North East furniture manufacturer has thrown open the doors of its new high-tech conference and training suite to local businesses and entrepreneurs. The facilities, at Godfrey Syrett’s Tyneside head office, are being offered free to the local community. Neil Tweddle, managing director of Godfrey Syrett, with staff and (far right)... Read More
Specialist Newcastle chartered surveyor, Silverstone Building Consultancy, has completed the half-a-million pound refurbishment of Dronfield Leisure Centre in Derbyshire— within a strict 14-week deadline set by the facility’s local authority owners. Richard Farrey (left), of Silverstone Building Consultancy, with Paul Hackett of... Read More
Hortons’ Estate is continuing its investment in Birmingham’s business district, with the £1 million upgrade Fifteen Colmore Row. The building is adjacent to The Grand (pictured) where the wraps are coming off following Hortons’ £4.1 million restoration of the stone and marble façade. The renovation of Fifteen Colmore Row... Read More
Orchard Street Investment Management has completed the £400,000 refurbishment of 10 Templeback in Bristol, which the commercial property investment manager acquired for £58.6 million in June. Following the acquisition Orchard Street immediately launched into the refurb designed to modernise and maximise space at the centrally located... Read More
Rockspring Property Investment Managers has acquired four UK industrial assets for £30 million, in a joint venture with Caisson Investment Management. The assets, purchased in separate transactions, are located in Greater London, Greater Manchester and Durham, and will join the portfolio of UK industrial properties currently being... Read More
Luxury accessories and lifestyle design house Coach, has reached an agreement with The Crown Estate and Jaeger for the assignment of the latter’s Regent Street store to Coach. Coach is relocating from its current location at 76-78 Regent Street to a 27,000 sq ft store at 200-206 Regent Street to coincide with the brand's 75th... Read More
Manchester city centre office take-up this summer was almost 50 per cent above the five-year-quarterly average, according to research from Bilfinger GVA. In its ‘Big Nine’ review of the regional office occupier markets the commercial property agent claims Manchester recorded the highest level of office take-up outside of London... Read More
Within hours of the week-long Chinese state visit coming to an end Scarborough International named Beijing Construction and Engineering Group (BCEGI) as the preferred contractor for its £700m Middlewood Locks development. The Chinese construction and engineering firm has already been working with Scarborough on the design for the... Read More
The announcement that Chinese investors will be funding a new nuclear power station at Hinkley Point in Somerset will provide a boost to the West Country property sector, according to an industry professional. “This is the announcement everyone has been waiting for. To a certain extent there has been evidence of businesses treading... Read More
Surrey’s Hersham Green Shopping Centre has now been placed on the market, offering a number of opportunities to enhance profits including the potential to develop the site further in future. Chartered surveyors from Coady Supple have been retained to sell the site on behalf of Markland Holdings, which is seeking a price of £15.29... Read More
Slough Trading Estate owner, SEGRO, says it is optimistic about its full-year operating figures as occupational conditions “continue to be favourable”. The real estate investment trust (REIT) still has four months before publishing its annual results. In a Trading Update, SEGRO — which specialises in developing and asset managing... Read More
While Wales has enjoyed a year of strong demand as a business destination, particularly in the wider Cardiff area, the tourism sector remains an incredibly popular growth hotspot in the country’s greater economy. This has helped Colliers International prosper in the hotel market, with a number of multi-million pound deals now under the belt... Read More
Urban regeneration specialist, Muse Developments, has named two commercial agents to handle its Cheadle Royal Business Park. Canning O’Neill and Cushman & Wakefield will now act as letting agents for the south Manchester estate. The complex — close to Junction 2 of the M60 motorway and just minutes from Manchester Airport —... Read More
The Wild West End initiative, a partnership between London property owners to promote ecology, is beginning to bear fruit with the launch of The Crown Estate’s latest Regent Street office scheme, 7 Air Street. Broadcaster Jon Snow was on hand to put the finishing touches to the 46,000 sq ft building’s green roof, the first pocket... Read More
The property industry has long been renowned for its generosity when it comes to charity as many developers, agents and investors are involved in either giving to good causes or hosting events designed to raise money. However, on this year’s LandAid Day, the industry truly surpassed itself, with the initiative on track to collectively raise... Read More
According to a report by the Property Industry Alliance (PIA), business rates are an ever increasing burden on businesses compared to rents being charged by landlords in the UK. The Property Data Report 2015 reveals that over the last ten years, the rise in rental values has been slower than that of business rates and the rate of... Read More
Niche property investor and asset manager, Trinity Manchester, has hired ADT Workplace, to undertake the refurbishment of the Northern offices at the city’s iconic Royal Exchange. ADT will upgrade both the office space and reception areas fronting onto Cross Street and St. Ann’s Square. The locally-based contractor has been... Read More
Legal & General Property (LGP) has let the final space at 740 Aztec West. The letting, to Northgate Arinso UK, comes after a multi-million pound energy saving upgrade of the Bristol business complex. Brokered by Jones Lang LaSalle (JLL), the signing by the global human resources strategy company follows the 38,000 sq ft pre-letting... Read More
UK private equity and property fund manager Maven Capital Partners has completed the purchase of a 20,000 sq ft office building in Maidenhead which will soon be the subject of an extensive renovation project. Located in Vanwall Business Park, the property offers excellent transportation links to the centre of London, which is only... Read More
Work will start later this year on a £5m development that will bring three major high street leisure brands to Dudley town centre. The Stoford-led project promises to create at least 80 jobs. An artist's impression of the new Castlegate, Dudley, development Dudley Metropolitan Borough Council has now granted detailed planning consent... Read More
Following the recession, consumer confidence in the UK remained extremely subdued and as a result retailers continued to report falling sales, dropping profits and store closures. However, the situation has gradually improved in many sectors of the retail industry, with consumer confidence now at a four year high according to new data... Read More
