The temperatures may still feel more like January than April but in the City lettings market there are signs that things are warming up. This week an international company took two floors of the 17 storey 200 Aldersgate building close to St Paul’s. This agreement follows take-up by a number of new tenants earlier in the year. This... Read More
England, Wales and Northern Ireland are at risk of being left behind as two Scottish cities outperform them in the commercial property market according to a report by Deloitte Real Estate. Edinburgh skyline Glasgow and Edinburgh have seen both a substantial growth in their rental market in 2012 as well as office space take up on the... Read More
As technology has progressed and the service sector has slowly but surely usurped manufacturing as the top dog in industry terms, more and more of us have found ourselves tethered to a desk in an open plan office. This has allowed businesses to cut back on space required in their commercial property whilst simultaneously encouraging debate... Read More
Southampton IT Firm Installs Office Playground Many of us will be worrying about money, relationships and our jobs in the current economic climate, so much so that returning to the stress-free days of our childhood may seem like an attractive prospect. Well, for those who work for IT company Peer 1 Hosting in Southampton, this dream has... Read More
A small Pembrokeshire museum that reopened in 2012 after being shut for nine years is among 10 venues battling it out to be named the UK's museum of the year. Narberth Museum closed in 2003 when its building was sold. Since relocating to a converted industrial warehouse, it has been run largely by volunteers. The William Morris Gallery is... Read More
A £17.5 million market building is currently under construction in the centre of Sheffield, which will be the home to a new indoor market in November 2013. Sheffield City Council opened the door to applications earlier this year, but it seemed that supply was outweighing demand for a while. The first lot of applications were only open to... Read More
Economic research firm Markit Economics has revealed that the UK manufacturing industry has failed to recover from a shockingly low Purchasing Managers Index in February. The four-month low result released last month read only 47.9, with March’s results only marginally better at 48.3. Job losses in UK manufacturing have risen for the... Read More
Campaigners who have fought to save a popular Chelsea pub from closure are toasting success this week after its future was finally secured. Last October we reported that owner Robert Bourne had submitted a planning application to convert the Phene Arms into a luxury private home. The proposal led to locals launching a campaign to save the... Read More
The liquidators of Caerlee Mills in Innerleithen, KPMG, have announced that Scotland’s oldest continually-operating textile mill has officially closed after efforts to find a buyer proved futile. Dating back to 1788, the mill employed over 400 workers from the local community at its peak production time during the Industrial Revolution.... Read More
The Grand National is unquestionably, one of the most exciting days in the British sporting calendar. Bookies around the country will be fielding bets from a huge number of people on the most popular day of the year for gambling, with even those who do not usually indulge tempted to have a flutter on their favourite horse. Yet the... Read More
In the current economic climate, the age at which workers can afford to retire has become something of a contentious issue. Government polls have found that ever-higher numbers of employees are choosing to remain an active part of the workforce thanks to worries regarding private or state pensions, while many more choose to search for part... Read More
Almost half (45 per cent) of all real estate investment in the Asia Pacific rim is going into the Australian commercial property market. This is twice the amount being invested in Japan, which is the next biggest market at 19 per cent. Investors are flocking to Australia because of its relatively high yields and its solid economic... Read More
Landowners and managers have been warned they could face prosecution following a spate of hill fires across the Scottish Highlands over the Bank Holiday weekend. The fires are believed to have been caused by the legal practice of muirburning, which is carried out to renew pasture by burning off long grass and heather. However, the fire... Read More
After a poor Christmas the high street suffered several high profile collapses in early January. One of the chains which entered administration was camera retailer Jessops, which was forced to throw in the towel after several years of struggling against e-commerce. However, the chain has been placed on the fast-track for a turnaround... Read More
According to the Art Newspaper, The Louvre in Paris topped the list of the most visited art museums of 2012. The newspaper's annual survey found 9.7 million people visited the French institute – around one million more than 2011. The Metropolitan Museum of Art in New York came second on the list, with three London museums taking... Read More
The UK’s third-largest supermarket chain has announced its intentions to embark on a major expansion of its smaller convenience stores in London and the South East. Yet Sainsbury’s is only one of many chains currently examining the possibility of mass openings in a short time frame as the South East and capital city remain by far the most... Read More
Bristol has weathered the economic challenges it has faced over the past five years and is now becoming a leading UK hub of prosperity and development. The claim was made when Mayor, George Ferguson, the Chairman of the West of England LEP, Colin Skellett, and the Chief Executive of the Bristol and Bath Science Park, Bonnie Dean, joined... Read More
The high street may be experiencing a much-needed boost in popularity, but the situation is not yet so secure that competition from out of town will be welcomed. As such, small retailers in the coastal town of Felixstowe are facing a potential loss of business should Tesco construct one of their trademark superstores at Walton... Read More
Despite the recession easing job creation in the United States is not keeping pace with available office space. The office market is growing at what is being described as a "glacial" pace. New York-based researcher Reis has released figures indicating that the national office vacancy rate is 17.1 per cent. In 2011 and 2012,... Read More
Birmingham’s £450 million redevelopment of the city centre’s Paradise Circus has been given the green light. Once completed, Paradise Circus will become a key area within Birmingham’s much anticipated Enterprise Zone – billed to become one of the most important commercial property ventures in the UK thanks to the proposed HS2 rail... Read More
Thanks to a dip in consumer confidence, the retail industry is keen to develop techniques which will entice customers to spend freely when entering a store. This has led to pre-Christmas sales, loss-making initiatives and mass promotions becoming common sights on high streets across the country; however, there have not been any indications... Read More
Stirling Properties has announced the grand opening of a new full-service Walgreens drug store in New Orleans. The 13,000 sq ft facility, which is located at 5518 Magazine Street, is situated in a building with plenty of patriotic history. Magazine Street Parts of the site used to be the Ed Brauner American Legion Post #397. To pay... Read More
