Tag: commercial property



Scottish Commercial Property Market in “win-win” Situation Whatever the Outcome of Referendum

Posted on 17 June, 2014 by Kirsten Kennedy under Industry News

The upcoming Scottish independence referendum has created waves throughout the business world, with the majority of polls showing that most businesses would be against Scotland voting Yes in September. In turn, this has created a great deal of uncertainty... Read More

Property Loan defaults on the rise as Banks get tough with Delinquent Borrowers

Posted on 16 June, 2014 by Jodee Redmond under Economy

Defaults among commercial property lenders in the UK hit record-high levels in 2013. And rising values, coupled with improving economic conditions, encouraged banks to get tough on delinquent borrowers. The number of loans in default increased by 13... Read More

US Tech Start-Up streamlines Property Viewing with Video Tours

Posted on 15 June, 2014 by Jodee Redmond under Worldwide Property News

Former real estate broker-turned-entrepreneur Nick Romito saw a need in the market and came up with way to meet it. He founded a company, View the Space (VTS), in 2012, which started offering motion picture-quality video tours of commercial properties. His... Read More

Two-Paced Recovery leaves 28,000 Irish Commercial Properties unoccupied

Posted on 14 June, 2014 by Cliff Goodwin under Economy, Worldwide Property News

Ireland’s stockpile of vacant commercial buildings has reached almost 28,000, despite the shortage in Dublin being classed as “severe” and a number of other cities warning they will have no prestige offices by the end of the year. A new report... Read More

Avida Land recognised at Asia Pacific Property Awards

Posted on by Jodee Redmond under Worldwide Property News

Avida Land, a leading development company known for its thoughtful approach to its projects, was recognised at the recently-held Asia Pacific Property Awards 2014-2015. This is the second year in a row that the company has won awards. Avida was recognised... Read More

New Coventry Base for German Car Parts Supplier

Posted on 13 June, 2014 by Kirsten Kennedy under Business News

German car parts supplier Brose is expanding its UK operations by leasing a 75,000sq ft Coventry industrial unit from property investment company Palace Capital. Among the automotive company’s existing customers are nearby Jaguar Land Rover and Nissan on... Read More

Chinese Billionaire buys Landmark Madrid Building

Posted on 12 June, 2014 by Cliff Goodwin under Commercial Sales and Lets

China's richest man Wang Jianlin has paid €265m (£213m) for an historic Madrid skyscraper, prompting speculation that a key district of the Spanish capital will now attract badly needed investment. In a stock-exchange announcement the financial... Read More

Wigley celebrates Golden Anniversary with new Headquarters

Posted on 10 June, 2014 by Cliff Goodwin under Industry News

Fifty years to the day that it started trading a Warwickshire property firm has signed the lease on its new under-one-roof headquarters. The Wigley Group — which first opened its doors as a plant hire and earth moving company before moving into... Read More

Final Planning Approval granted for new Hinckley Leisure Centre

Posted on 9 June, 2014 by Kirsten Kennedy under Commercial Developments

With the economic recovery gathering momentum, commercial building projects around the country have been given something of a kick-start as local authorities attempt to strengthen local economies. One such project is the new leisure centre due to be built in... Read More

Savills adds US Real Estate Firm to its Acquisitions Tally

Posted on 8 June, 2014 by Cliff Goodwin under Business News

London-based International real estate advisor Savills has completed the 100 per cent buy out of one of American’s leading independent commercial real estate service firms. Acquiring New York-headquartered Studley Inc — formerly known as Julien J.... Read More