Tag: commercial property



European Commercial Property Markets report Rental Growth

Posted on 7 May, 2014 by Jodee Redmond under Industry News

Several European commercial property markets are reporting rental growth and growing investor appetite across all property sectors in the first quarter of 2014. There has been a strong increase in investment activity across Europe in the past six months,... Read More

Birmingham braced for Wave of Revamps and Developments

Posted on 6 May, 2014 by Kirsten Kennedy under Commercial Developments

Birmingham, which is already set to benefit from the redevelopment of the Paradise Circus area of the city centre, will see two more major revamps get underway shortly. The first of these involves department store Selfridges, which has revealed plans to... Read More

Developer Guilty of Destroying Protected Bat Roost

Posted on by Cliff Goodwin under Commercial Developments

A Derbyshire developer has been committed to a crown court for sentencing after magistrates found him guilty of illegally destroying a bat roost while converting a loft of a property. The Chesterfield court heard how 55-year-old Hargurdial Singh Rai,... Read More

Sales boost Development Securities Profits

Posted on 5 May, 2014 by Cliff Goodwin under Commercial Sales and Lets

After a year of off-loading a number of its assets, Development Securities has reported an impressive jump in its earnings. Pre-tax profits for the London-based group have risen from £792,000 to £19.5m. Development Securities £30m Hale Barns scheme... Read More

Agents appointed for Birmingham’s Paradise Circus Development

Posted on by Cliff Goodwin under Commercial Developments

CBRE and GVA — two of Birmingham’s highest profile property consultancies — have been appointed as joint agents for the first phase of the city’s ambitious Paradise Circus development. Work is due to start on the massive project later this year... Read More

Insurer first to include Cyber-Attack Property Damage Cover

Posted on 4 May, 2014 by Cliff Goodwin under Business News, Industry News

American International Group (AIG) is thought to be the first company in the world to offer cyber insurance cover that includes damage to commercial property. In a unique move, the global insurer has also expanded its protection to compensate for security... Read More

Record Year for Warrington Commercial Market as Golden Square sale moves closer

Posted on 2 May, 2014 by Cliff Goodwin under Commercial Sales and Lets

LaSalle International Management has been named as the preferred new owner for Warrington’s  Golden Square shopping centre. Confirmation of the £115m deal comes just days after the release of new figures showing industrial property take-up in the Cheshire... Read More

Business Rates hindering Speculative Development says Milton Keynes Property Firm

Posted on 1 May, 2014 by Kirsten Kennedy under Commercial Developments, Economy

The issue of business rates has been one of the most controversial topics within the commercial property market for the past several years with retailers, in particular, arguing that the rising cost of non-domestic rates has been one of the key reasons for... Read More

Value of Commercial Property Deals in Melbourne doubles in Past Year

Posted on 30 April, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

The value of commercial property deals in Melbourne has increased by 55 per cent in Q1 of 2014 and doubled in the past 12 months. Research conducted by Knight Frank indicates that property with a value of over $1.8 billion changed hands during this... Read More

Manchester Developer sees London Office as Capital Investment

Posted on 28 April, 2014 by Cliff Goodwin under Industry News

A Manchester-based developer has opened a London office in a bid to generate interest and attract more investors to the region. Real Estate Developments (RED) will also use its new branch to target deals in the capital. “A lot of the bigger funding... Read More