DNA and medical laboratories are leading a surge in North-East industrial property take-up. The first half of 2014 saw more than a million-and-a-quarter sq ft of space contracted — double the figure for the same period last year. According to Simon... Read More
Thousands of commercial landlords could be facing a fine unless they upgrade their premises to meet the Government’s proposed Energy Performance Standards, a leading property agent has warned. Consultations are currently underway on regulations... Read More
Internet giant Google — better known for buying out internet rivals and software companies — has now turned its attention to commercial property. In the second quarter of this year alone it spent $2.6bn (£15.4bn) on capital expenditure. Although... Read More
A property company which owns and manages more than six-million square feet of business space across the UK has teamed up with a Midlands’ university to develop a new generation of eco-friendly office buildings. The collaboration — between... Read More
Commercial property transactions in the North West of England peaked at more than a billion-pounds in the second quarter of 2014 — an increase of almost 300 per cent on the same period last year. Property consultancy Lambert Smith Hampton’s (LSH)... Read More
Hibernia REIT’s chief executive Kevin Nowlan confirmed at the company’s general meeting that the firm has begun discussions with domestic and international lenders about obtaining funding for Irish commercial property. Since €372m in equity has... Read More
Hungary saw an impressive 35 per cent increase in commercial real estate investment in the first half of this year, according to research published by property consulting firm CBRE. Both Hungary and the Czech Republic were able to benefit from the... Read More
A 10-month-old Sheffield property company has negotiated a deal for Marks & Spencer which will see the retailer take more than half-a-million square feet of space at the city’s International Rail Freight Terminal. The agreement is the firm’s fifth... Read More
After 18 months of arguments and a three-week planning inquiry, the Secretary of State has finally given the green light to a £50m retail and leisure development in Northamptonshire. Allowing work to start on the Rushden complex, the Minister ruled... Read More
National Australia Bank (NAB) is refusing to confirm the price of a portfolio of non-performing UK loans — last valued at £625m — it is selling to an affiliate of private equity firm Cerberus Global Investors, but admits it will “make a small gain”... Read More
