As the development drought eases one town has found itself facing a different kind of shortage — a serious lack of industrial property and warehouse space. “Driven by strong levels of investment, take-up of space has risen and there is now a... Read More
Britain’s regional recovery is underway with 88 per cent of property professionals expecting their assets to rise in the next six months — compared to just 10 per cent this time last year. And confidence is highest north of the border, claims the... Read More
Demand for shops, offices and industrial space in the North-East has seen its first real rise since 2011. According to the Royal Institution of Chartered Surveyors around nine per cent more of its regional members reported rises rather than falls in... Read More
British businesses and commercial property owners must improve the energy efficiency of their buildings or risk missing significant economic and environmental opportunities. The warning comes in a report, published jointly by the Westminster... Read More
The Irish division of the international property giant CBRE plunged into the red last year with pre-tax losses of €4.57m (£3.82m). In its annual return CBRE Ireland claimed revenues for 2012 had tumbled by 34 per cent to €7.5m (£6.27m),... Read More
Two speculative projects are underway in Bristol after five years of zero-growth in the commercial market. Work has now started at 2 Glass Wharf on a joint development for Salmon Harvester and NFU Mutual. The Swedish-based Skanska group also has an... Read More
Twelve months of preparatory work has started on Edinburgh’s biggest commercial development for more than a decade. The first stage of the Scottish capital’s £200m Haymarket regeneration involves the reinforcement of the Victorian railway tunnels... Read More
In its first venture outside Indian property company Lodha has purchased the Canadian High Commission building in London for £306m. The Mumbai-based group beat off six rivals — including bidders from the Middle East, Asia and Russia— to snap up... Read More
Reviving Britain’s ailing town centres will need radical action and planning, according to a new report. The Distressed Town Centre Property Taskforce — set up after retail guru Mary Portas's review of the High Street — claims the scale of the... Read More
The debate over business rates is already a contentious issue with numerous bodies campaigning for a change to the system which would benefit small retailers in particular. According to many critics, the revaluation postponement has only has only added... Read More
