News Page 198



Commercial Property News Posts


Sheffield Arena Has First Revamp in 21 Years to Keep Leeds at Bay

Posted on February 13, 2013 8:45 am by MOVEHUT under Top Properties

Sheffield Arena, also known as the Motorpoint Arena is to have its first revamp after 21 years of hosting events. Sheffield Arena has hosted local band Arctic Monkeys The arena which opening in 1991 and is owned by Sheffield International Venues (SIV) has hosted some of the biggest acts in the world including, Iron Maiden, Rihanna,... Read More


Small Shop Closures are Progress Says Ex Tesco Boss

Posted on February 12, 2013 2:00 pm by Jodee Redmond under Business News

Former Tesco boss Sir Terry Leahy believes the rise of supermarkets and the closure of small shops is simply "part of progress." He made the comments while speaking on BBC Radio 4's Desert Island Discs. Sir Terry also described some high streets as "medieval" and said that the way people live their lives has changed. He conceded... Read More

Retail Sales Rise in January Despite Snow

Posted on 12 February, 2013 by MOVEHUT under Business News

The latest retail figures reveal that sales grew at their fastest rate in 13 months in January despite widespread snow across the country.  According to the British Retail Consortium (BRC) last month's like-for-like retail sales were up 1.9 per cent on the previous year. Footwear performed well during January January online sales were... Read More

Commercial Property Professionals Going Mobile

Posted on by Jodee Redmond under Industry News

The results of a new report conducted by inMotion Real Estate indicate that commercial property professionals are becoming more comfortable with mobile technology. The residential market has embraced handheld devices for some time, but the commercial market been slow to take advantage in comparison. The amount of mobile traffic to... Read More

Property Firm Brings a Buzz to Birmingham

Posted on by Neil Bird under Industry News

A property firm is doing its bit for the environment by installing beehives in Birmingham city centre. Cushman & Wakefield has already introduced hives to buildings it manages in other cities and has now announced plans to roll out the scheme in the Midlands the Birmingham Post reports. The idea developed as a response to the... Read More


Forum at the Helm of High Street Action

Posted on February 11, 2013 1:45 pm by Kirsten Kennedy under Industry News

For some time now it has been clear that town centres and high streets have been failing to attract the custom they once did. Even when inclement weather is not playing a role in keeping the nation’s consumers indoors, the discounted prices of internet shopping and the free parking offered by out of town retail villages mean that our once... Read More


Toronto to Overtake New York in Commercial Property Boom

Posted on February 11, 2013 12:01 pm by Jodee Redmond under Worldwide Property News

Toronto has plans to add more prime office space in 2014. Developers will be taking advantage of low borrowing costs to meet the demand from major companies like Google. The plans call for more than 1.59 million square feet of "AAA" space to be added to the city next year, according to real estate brokerage Cushman & Wakefield... Read More

Revamp Your Office on a Budget

Posted on February 11, 2013 10:00 am by MOVEHUT under Business News

Are you tired of looking at the same four walls in your office? Is your office plain, boring and lacking enthusiasm? Here are three budget busting tips to spruce up your office without risking the debt collectors coming Have an office paint job Take a look around your office, more than likely your office is painted in plain colours. Am I... Read More

Optimism in Basingstoke Commercial Property Market

Posted on February 11, 2013 8:45 am by Jodee Redmond under Industry News

Commercial property market conditions in Basingstoke are expected to gradually improve in 2013. This is the prediction of London Clancy director Mark Clancy, who is predicting an increase in business confidence as well as companies taking action on investment decisions that had been delayed. Clancy recently stated, "“The brakes are... Read More

Aussie Diners First to Get Big Mac Silver Service

Posted on February 10, 2013 2:00 pm by Kirsten Kennedy under Business News

In general, commercial properties which serve fast food are not the first places which spring to mind when the term “fine dining” is used. Meals arrive in cardboard boxes and cartons, knives and forks are something of an alien concept and drinks must either be consumed through a straw or, in the case of hot beverages, in a cup with a tiny... Read More


Rise in Sheffield Retail Property Vacancy Rates

Posted on February 10, 2013 12:30 pm by Kirsten Kennedy under Industry News

But demand increases for office and industrial space The difficulties facing the high street are familiar to everyone. However, while this is largely an issue for all towns and cities, some are struggling more than others with areas in the north feeling the effects more acutely than those in the south. Sheffield is one northern city... Read More

Maryland Property Owner Offers 10K Bounty to Find Buyer

Posted on February 10, 2013 9:30 am by Jodee Redmond under Worldwide Property News

Adam Hewison has been trying to sell his three-building parcel of commercial and residential property for almost three years without success. To get the property to move, he is offering a $10,000 bounty to the person who can bring him a buyer. The Galesville listing includes HomePort Wine and Spirits and an adjoining restaurant. A... Read More

Marks and Spencer Plans European Expansion

Posted on February 9, 2013 2:00 pm by Kirsten Kennedy under Business News

With the current economic situation both in Britain and on mainland Europe, many chains are being incredibly cautious about expanding their portfolio of retail commercial properties on the continent. In fact, the majority of British retailers operating throughout Europe are choosing to halt further store openings altogether, with many more... Read More

Liverpool City Council Forced to Close Public Services

Posted on 9 February, 2013 by MOVEHUT under Economy

Plans to cut nearly 150 jobs have been announced by Liverpool City Council in a bid to save £32m from next year's budget. Grants to organisations providing social care will be removed and a number of voluntary groups will lose part or all of their funding under the new plans. The city council is yet to come to a decision on whether to freeze... Read More

Decline of Pubs Paves Way for Coffee Shops

Posted on by Kirsten Kennedy under Business News

The recession took a great toll on the UK, with everything from leisure properties to the retail industry struggling to bring in enough revenues to keep afloat. However, even though the economy has stabilised consumers remain wary of spending on non-essentials and remain determined to keep costs down even when indulging in... Read More

Birmingham City Council Considers Property Sale

Posted on 8 February, 2013 by Neil Bird under Commercial Sales and Lets

Birmingham City Council is considering a major property disposal to settle a series of equal pay compensation claims the Birmingham Post reports. Birmingham Town Hall The council faces a bill of £757 million after losing its appeal against a court ruling that it must reimburse council workers for lower pay and loss of bonuses over a... Read More


Highlights of the 2012 London Office Market

Posted on February 8, 2013 12:01 pm by MOVEHUT under Industry News

The London office market has seen many ups and downs over the last few years. But what were the highlights for 2012? Knight Frank gave their analysis during an event at the Dorchester Hotel earlier this week. A summary of the highlights is shown below. The investment market has always been relatively strong for London offices, but last... Read More


Horsemeat Sales Rocket in Wake of Controversy

Posted on by Kirsten Kennedy under Misc

Food standards are in the news once again following the revelation that some Findus lasagnes have been found to contain 100 per cent horsemeat. Findus has now withdrawn the products and people have been advised to return them to the shops as there is a risk that harmful veterinary medication could enter the food chain. Findus is the latest... Read More

HMV Announces First Wave of Store Closures

Posted on by Kirsten Kennedy under Business News

Administrators for stricken retailer HMV have ended weeks of speculation with the announcement that store closures will be taking place throughout the next few weeks. Following restructuring firm Hilco’s buyout of HMV’s mountain of debt it did seem as if the company and its employees would escape any further trauma. However this is... Read More

Historic Shrewsbury Mill set for Redevelopment

Posted on 7 February, 2013 by Neil Bird under Commercial Developments

A historic Shrewsbury mill, regarded as the forerunner of the modern skyscraper, is to be returned to commercial use thanks to English Heritage and a group of dedicated supporters. Ditherington Flax Mill, completed in 1797, is the oldest iron framed building in the world. It would take further advances in construction and the invention of... Read More

Spooky Send-off as London Dungeons Moves Home

Posted on February 7, 2013 12:01 pm by Kirsten Kennedy under Misc

Last year, Movehut reported that the London Dungeons will be moving from its current site on Tooley Street, where it has been based for 38 years. The new location will be on the South Bank of the River Thames, and will benefit from a much closer proximity to popular tourist hotspot the London Eye. It will also be significantly larger... Read More

Flooded West Country Farmland Could Take Months to Recover

Posted on February 7, 2013 10:00 am by Neil Bird under Business News

Acres of West Country farmland remain underwater over a month after extensive flooding hit the region the Express & Echo reports. Despite one of the biggest pumping operations in British history vast swathes of land are still unworkable and industry representatives warn that it could take months to recover. Up to five million cubic... Read More