New research from Trevor Wood Associates found that at the end of 2015, Northern Ireland’s retail warehouse vacancy rate was at 11.9%, the highest in the UK. “The Definitive Guide to Retail & Leisure Parks 2016”, which was released on Wednesday,... Read More
After three-way talks with a national retailer and shopping centre operator, an MP says he is “confident” Northern Ireland will soon get its first John Lewis store. If fulfilled, Jeffrey Donaldson’s claim will mean the end of an 11-year struggle... Read More
A stream of high-profile autumn deals is expected to drive the Northern Ireland commercial property market at a “lively pace”, according to a CBRE survey. A combination of prestige properties coming to the market and banks clearing their property... Read More
Retailers and business leaders in a Northern Ireland city are demanding a judicial review of a decision to allow a superstore less than two miles from a thriving high street. Newry Chamber of Commerce and Trade had pressed for a public inquiry into... Read More
Northern Ireland businesses have invested over £5m in new industrial and warehouse space in the first half of this year, according to a new survey. The commercial property and real estate adviser, CBRE, claims that growing demand and the need to... Read More
CBRE has received instructions to offer the Tower Hotel in Derry for sale. This sale will provide buyers with what has been described as an "excellent" opportunity to acquire the 93-bedroom hotel, which is located within the Derry City walls. Offers of more... Read More
Will the rest of the UK follow 5p carrier bag tax? Northern Ireland has introduced a new levy, which comes into force today, which will charge shoppers at least five pence if they wish to have their shopping in a carrier bag. The new law will allow retailers... Read More
Images of the violence currently rocking Northern Ireland are deterring investment in the commercial property market, Belfast agents warn. One deal, worth £1.5 million, has reportedly fallen through due to the unrest which has led to politicians calling... Read More