The Waikiki Trade Center, a Honolulu mixed-use high-rise has been selected to become a 230-key boutique hotel. The building’s owner, Coastwood Capital Group, a San Francisco-based firm, has entered into a partnership with The Chartres Lodging Group LLC, a San Francisco-based advisory company, to convert the 22 story, 248,000 square foot... Read More
Thirty national restaurant chains have opened sites in Manchester in the past four years. There are now 140 eateries within the northern city, according the real estate advisors Savills. Keeping track of the catering influx since the firm hosted the British Council of Shopping Centres (BCSC) conference in 2011 - one of Britain’s... Read More
Property developers, Bruntwood, has now begun its work on the speculative redevelopment of nearly 120,000 sq ft at City House, situated above Leeds train station. Enabling works have been completed by the contractors, Bay Construct, which will allow the full redevelopment programme to begin in early October. With a build time of 18... Read More
Last night saw the kick off to the 2015 Rugby world cup, where 48 games will span across 13 stadiums throughout England and Wales in a jam packed event. Now for the selected hosting towns, they will be graced with a number of obvious benefits, such as increased footfall, retail and F&B sales as well as profile increase for the town. But of... Read More
Britain’s distribution and retail sectors are continuing to outperform many of the more traditional property markets, according to the latest figures from consultants Knight Frank. In its latest logistics and industrial Occupier and Investment Market Commentary the firm claims that despite occupier demand driving take-up,... Read More
Exciting new images have emerged of the recently completed Canary Wharf Crossrail station, with an official hand over of the ticket hall and platform levels to Crossrail Limited also taking place. Now the development stage has been completed, the work will be focused towards fitting the station out with the various railway systems,... Read More
Colliers International has sold a stylish bed-and-breakfast property in the Cotswolds hotspot of Winchcombe for £850,000. New owners of the Malvern View B & B are Marco and Cathy Giorgi who sold a larger hotel in Eastbourne to make the switch — along with their dog Buster — to Gloucestershire. “After 16 years in the business... Read More
Work on the new multi-million pound Gateway Retail Park in Cannock has been completed — with every tenant expected to be open by the end of this month. Partners Hortons’ Estate and Trebor Developments have completed the prestigious development — located off the Churchbridge Island adjacent to the M6 Toll Road — to deliver one... Read More
As consumers continue to flock to destinations offering high quality leisure facilities, councillors in Stoke-on-Trent have finally granted planning permission for a £10 million regeneration project of this type in the Staffordshire city. Along with boosting leisure options for customers visiting the city, the scheme will bring back... Read More
Hammerson has announced that two new international retailers, Khaadi and Thomas Sabo are making their brand debut at Highcross shopping centre in Leicester this month. The Pakistani multinational fashion retailer, Khaadi, opened its 2,310 sq ft store on Wednesday and specialises in creating a collection of Eastern and Western fashion... Read More
Birmingham’s increasingly strong regional commercial property market is a cause of great celebration for investors in the area, with local property group Real Estate Investors one of the major beneficiaries of this trend. This week, the real estate investment trust revealed a record breaking half year result along with the news... Read More
Delivering on its asset management plans, Orchard Street Investment Management has agreed a new 10 year lease with the existing tenant, global media owner, Clear Channel at 33 Golden Square, Soho London. The 17,086 sq ft six storey property, which Clear Channel will use as its International HQ outside of the US, was acquired by Orchard... Read More
While last year saw record numbers of investors express an interest in the UK’s shopping centre market, this enthusiasm has dampened somewhat during 2015. However, according to a new report released today by Cushman & Wakefield, the final quarter of the year will see investment volumes rebound impressively, ushering 2016 in in fine... Read More
Four years after it acquired Aldwych House in a joint venture purchase, Rowan Asset Management has unveiled the first stage redevelopment of the iconic London office building. So far Rowan — which teamed up with GI Partners and Taurus to buy the 168,000 sq ft property within the Westminster Conservation Area — has spent more than... Read More
A North-East supplier of mail room equipment has become the latest company to move into Newcastle’s Ouseburn Valley business campus. Negotiated by Bilfinger GVA and its letting agency partner, Gavin Black and Partners, on behalf of an un-named client Tyneside-based 1st Class Mailing has agreed to take almost 3,000 sq ft at the Media... Read More
Kingfisher has revealed that it too will soon be seeking retail space for a wide-ranging expansion of its Screwfix brand, the UK’s largest direct and online supplier of trade tools and products. The plan to open 200 additional Screwfix stores follows the news that sales at the chain during the first half rose by 16.5 per cent to... Read More
The North Bristol fringe market is showing signs of improvement reflected in the decision by one of the largest independent pharmacy chains in the country to relocate to an office suite in the area. Bestway Pharmacy (Well), which has over 800 outlets throughout the UK, is moving to Cedar House in Almondsbury, in a deal brokered by the... Read More
Milton Keynes is an attractive location for businesses with excellent transport links to London and a booming local economy being key factors in its rising profile. However, according to property consultants Bidwells, the city is being held back by a severe lack of high quality office space which could potentially hinder growth. The... Read More
The value of European commercial property held by investors hit a new record of €3.4-trillion (£2.4-trillion) last year — a rise of three per cent on 2013. According to the 41st annual Money into Property report published by the global real estate services company DTZ, the latest increase in values means levels have now recovered... Read More
British Land and Oxford Properties have today announced two new lettings at The Leadenhall Building, leaving just five floors unoccupied at the City of London skyscraper. The latest firms to agree terms at the ‘Cheesegrater’ are petroleum company Petredec and global insurance risk carrier Fidelis who have leased a combined total of... Read More
The leading developer, owner and manager of prime regional shopping centres in the UK, intu, is launching a new app which promises to “bring the digital and physical shopping experience together” after its launch at the end of the month. intu will preview the app, which it claims will help retailers at its shopping centres to boost... Read More
Mayfair Capital Investment Management has announced that a trio of acquisitions totalling over £27 million has elevated the value of its Mayfair Capital Commercial Property Trust (MCCPT) portfolio to £184 million. Tower Retail Park in Poole has been acquired from a joint venture company between BP Pension Fund and Cubemaker known as... Read More
