A Scottish council has agreed a unique £45m deal with Barclays against income from its commercial properties. North Lanarkshire Council will now transfer 975 of its commercial sites to North Lanarkshire Properties LLP, a new limited liability... Read More
Commercial property owners are pressing the Government to bring the law on squatting in line with homes and private premises. Prop-Manage head of management David Robbins It is illegal — under the Legal Aid Sentencing and Punishment of Offenders Act... Read More
A North-East based company has completed the sell-off of two of its subsidiaries in one of the region’s biggest property transactions. The Adderstone Group has sold UK Ground Rent Estates Ltd and UK Ground Rent Estates (2) Ltd for £17m in a deal... Read More
Despite several multi-million pound development deals a county’s commercial property stock has reached “critical” levels. Dachser’s new facility at Brackmills Point in Northampton With a number of new design-and-build projects on the stocks,... Read More
According to a report released by independent property consultancy Knight Frank, 2014 will be another year in which there will be stronger investment demand for prime office space worldwide. The Global Investment report indicated that improved economic... Read More
Rising residential property prices in London are fuelling a growing trend of office to home conversions. In desirable areas including Mayfair, Soho and Fitzrovia, developers are actively seeking commercial space which could be turned into residential units to... Read More
Despite the number of empty shops in Scotland reaching a two-year high, the country’s commercial property market is well on the road to recovery. According to the Scottish Retail Consortium just over 11 per cent of retail premises north of the border... Read More
Pressure is mounting on the Chancellor after the Telegraph yesterday added its voice to the growing chorus calling for a freeze in Business Rates. In making the call, the newspaper joins the British Retail Consortium (BRC), the British Chambers of... Read More
Although UK store administrations have slowed dramatically since the start of the year, several brands are finding a lack of consumer demand and shrinking profit margins challenges which prove to be insurmountable in the long run. As a result, administrations... Read More
Birmingham landmark Alpha Tower is for sale at just a quarter of the price it was purchased for in 2008. Catalyst’s European Property Fund has placed Alpha Tower on the market for £10.25 million. Five years ago they paid Arena Central Developments... Read More
