Tag: commercial property



Aberdeen Asset Management spends £27m on Glasgow Office Block

Posted on 14 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

The Glasgow head office of online travel agent and flight search website Skyscanner has been sold to a new Scottish owner in a deal reportedly worth £27m. Hermes Real Estate spent almost £10m in 2011 remodelling the 1980s-built office block in St... Read More

RLAM brings £1.6bn Co-Op Property Management In-House

Posted on by Cliff Goodwin under Business News

A UK-based investment management company has confirmed its property assets have increased by almost a half following the £1.6bn transfer of the Co-operative Asset Management’s (TCAM) property portfolio. Completed at the end of November last year,... Read More

Supply Shortage puts Worcestershire Commercial Property Recovery at Risk

Posted on 12 January, 2015 by Cliff Goodwin under Industry News

After a near record year the shortage of industrial and commercial space in Worcestershire could "choke off" further recovery, an independent property consultancy is warning. Primarily at risk are the strengthening warehouse and industrial markets... Read More

Edinburgh Office Transactions hit Highest Level in a Decade

Posted on by Cliff Goodwin under Commercial Sales and Lets

Despite an investment wobble in the run up to the independence vote, Edinburgh office take up reached a decade-long high last year. Around 875,000 sq ft of office space was transacted through lettings and sales in the Scottish capital during 2014,... Read More

Regional Cities fail to match Tokyo in Japanese Commercial Property Market

Posted on 10 January, 2015 by Jodee Redmond under Worldwide Property News

Under Prime Minister Shinzo Abe, Japan has seen an economic rebound, but the benefits being referred to as “Abenomics” appear to be benefitting Tokyo and not the outlying areas. For a time, as the Bank of Japan busily printed money and Abe spent... Read More

Third Year of Double Digit Returns forecast for UK Commercial Property

Posted on 7 January, 2015 by Neil Bird under Industry News

A third consecutive year of double digit returns from UK commercial property assets is expected in 2015, according to investment strategists at Morningstar OBSR. Last year the IPD UK All Properties Index recorded returns of 17.5 per cent, following a... Read More

Birmingham Office Lettings hit Six Year High

Posted on by Kirsten Kennedy under Industry News

As Birmingham continues to flourish as a prime destination for both new and established businesses, office market transactions have climbed to a level not seen since the onset of the economic crisis in 2008, with property experts in the West Midlands... Read More

Newcastle Council asset sale expected to raise £10m

Posted on 2 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

A North-East council is expected to make at least £10m when a series of city land and property sell-offs is completed later this month. Cash strapped Newcastle Council bosses ordered the disposal of land, commercial units and houses in a... Read More

Strategies to make your Property more Cost-Efficient

Posted on 30 December, 2014 by Cliff Goodwin under Business News

Whether you're an owner-occupier or a tenant — and whatever the nature of your business — property issues will almost certainly demand your attention at some time during the life of your company. To ensure your enterprise continues to get the... Read More

Staffordshire University Business Village to close in the New Year

Posted on 29 December, 2014 by Chris Grigorovsky under Business News

Staffordshire University has announced that it is to shut down the business village on Leek Road in Stoke-on-Trent in order to make space for new students. The building currently has 23 tenants who will shortly be seeking alternative accommodation. Deputy... Read More