Tag: commercial property



Speculative Development gathers pace in the West Country

Posted on 31 January, 2014 by Cliff Goodwin under Commercial Developments

The West Country is facing its biggest surge in speculative development projects for more than five years, according to some of the region’s leading agents. With office space in Bristol at its lowest since the downturn of 2008 and industrial availability... Read More

Barclays to close a Quarter of its UK Branches

Posted on 30 January, 2014 by Kirsten Kennedy under Business News

A large number of the UK’s high street banks have in the past year decided to cut branch numbers, believing that this will allow them to run more efficiently and avoid another financial crisis of the type which triggered the recession. However, many... Read More

Offers Invited for Singapore Arcade Building

Posted on by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Colliers International is inviting offers of £424m for one of its prestige Singapore seafront re-developments sites. The Collyer Quay site is currently occupied by The Arcade, a 20-storey retail and office complex. Completed in 1981, the building has three... Read More

Recovery is spreading to the Regions says British Land

Posted on 29 January, 2014 by Cliff Goodwin under Industry News

London’s feel-good effect is at last spreading to the regions with domestic and international retail chains scrambling to open new stores, according to Britain’s second biggest property company. London office space continues to be in high demand, British... Read More

Businesses pushed out of West End by Housing Demand says Agent

Posted on 28 January, 2014 by Kirsten Kennedy under Industry News

Since the end of the recession the commercial property market has come on in leaps and bounds with high demand across key economic regions yielding strong results for landlords and property agents. However, as this demand nears its peak smaller businesses are... Read More

Birmingham Enterprise Zone to receive £15m Cash Injection

Posted on by Jodee Redmond under Business News

The Birmingham City Centre Enterprise Zone will receive an additional £15m in funding to support new development projects. The Zone consists of 26 sites in various locations around the city. Over the next 25 years, they have the potential to deliver 1.3 m... Read More

Property Owners advised to check Parking Small Print

Posted on 27 January, 2014 by Cliff Goodwin under Industry News

Business owners are being urged to double check their property’s planning permission after a recent Supreme Court ruling backed a council’s right to block off long-standing parking bays and refuse a compensation demand. The “fine print” warning comes... Read More

Global Standards of Property Measurement to be Introduced

Posted on 26 January, 2014 by Jodee Redmond under Industry News, Worldwide Property News

Without a single standard of measurement in use worldwide, it is challenging for buyers and sellers to get a firm handle on overseas property markets. That situation will change shortly, as a new global standard will be implemented later this... Read More

Loss-Making Turkington Continues Sell-Off

Posted on 25 January, 2014 by Cliff Goodwin under Commercial Sales and Lets

Turkington Holdings — which made a loss of more than £25m in 2012 — has continued its sell-off strategy with the £2m disposal of a Northern Ireland leisure park. The sale of Eastpoint Leisure Park, near Dundonald, for around £2.2m is the latest... Read More

BlackBerry to sell most of its Canadian Property

Posted on 24 January, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

BlackBerry — the trouble-hit Canadian smartphone maker — is putting the majority of its property holdings on the market in a bid to raise badly needed cash. The Ontario-based company said it plans to use a combination of vacant sales and sale-leaseback... Read More