Tag: commercial property



Lloyds Building Sold to Chinese Insurance Firm

Posted on 10 July, 2013 by Kirsten Kennedy under Commercial Sales and Lets

The increasing stability of the UK economy has attracted a raft of international investors to the country, with London fast becoming the most sought-after investment location in the world. Yet while players from many different countries now have a stake in... Read More

British Land Bets on Crossrail Boom

Posted on 9 July, 2013 by Neil Bird under Commercial Sales and Lets

British Land has bought the majority of the Paddington Central estate in London’s West End, a move which underlines widespread confidence in the potential of Crossrail to generate rental growth. The property group has invested £470 million to... Read More

Central London Office Take Up Rises in Q2

Posted on 8 July, 2013 by Jodee Redmond under Industry News

Global property consultancy CBRE has released figures showing that take-up of Central London office space increased by 32 per cent in the second quarter of 2013. The total take-up in Central London was 3.4 million sq ft, which brings the total for the... Read More

US Interest Rate Rise May Lead to Stalling Commercial Property Values Analysts Warn

Posted on 7 July, 2013 by Jodee Redmond under Worldwide Property News

The rise in US interest rates has raised speculation in the commercial real estate industry that close to four years of gains in property values may be about to come to a halt, The Wall Street Journal reports. Low rates have been fueling the rise in... Read More

Online Retailers May Face Tax to Help High Street

Posted on 6 July, 2013 by Jodee Redmond under Business News

Businesses which trade online, thus avoiding the costs associated with  a bricks and mortar commercial property, have been warned that they may be liable for a new tax. The government is currently considering a plan to target online retailers to level... Read More

David Cameron Hails Battersea Power Station Redevelopment

Posted on 5 July, 2013 by Neil Bird under Top Properties

David Cameron has hailed the redevelopment of Battersea Power Station as the jewel in the crown of London’s renewal. "It felt like you were more likely to see a flying pig than a viable development" says Cameron Writing in the Evening Standard the... Read More

Can Energy Efficiency be Beneficial to Landlords?

Posted on by Kirsten Kennedy under Industry News

Now that the worst of the economy’s problems appear to be behind us, the government can once more begin to address issues which were temporarily pushed to the bottom of the pile whist battling an altogether more immediate threat. One of the most prominent... Read More

Retail Rents Fall but Market is Expected to Recover

Posted on 4 July, 2013 by Neil Bird under Industry News

A sharp fall in retail rents has been recorded in all regions except London over the past five years according to Colliers International. However the commercial property advisers’ Midsummer Retail Report also contains the encouraging forecast that the... Read More

Time Warner Ponders Hudson Yards Move

Posted on 3 July, 2013 by Neil Bird under Worldwide Property News

Time Warner is believed to be in advanced talks about shifting its operations to New York’s Hudson Yards development. According to the FT the multinational media corporation is discussing selling its 80 storey Columbus Circle headquarters and taking over 1... Read More

Japanese Pension Fund Considering Commercial Property Investment

Posted on by Jodee Redmond under Industry News

Japan's public pension fund is the largest pool in the world and with huge amounts of capital to work with, it may start buying real estate in a bid to boost returns. This move could pour tens of billions of dollars into international centers like London and... Read More