As the number of businesses courting expansion continues to rise the commercial property market, in some locations, is being pushed to its limits as the balance of supply and demand grows ever more disproportionate. Yet while this is creating problems in... Read More
Just days after it was put on the market Birmingham’s historic Assay Office has been snapped up by specialist developer TCN UK. Owned by Dutch parent company TCN, this is the first time its UK division has ventured into the Midland’s property market.... Read More
Praxis Holdings has added a seventh shopping mall to its retail portfolio by acquiring the St John’s Shopping Centre in Preston. It’s also snapped up a Cheshire office building, with both deals costing the London-based property investor just £7m. The... Read More
After scrapping designs for its new £650m UK headquarters, Google has confirmed work on its Kings Cross offices are unlikely to start until at least 2017. News of the delay was first revealed by the boss of the contractor chosen to build the... Read More
A Midland’s development company has rounded off a three-month, multi-million pound investment spree by acquiring a redundant Birmingham city centre office block. Seven Capital has bought Britannia House — a 60,000sq ft office and retail property on... Read More
One of Burnley’s most spacious commercial office blocks is set to be transformed into student housing, the Burnley Express reports. Demand for student accommodation in the town centre has risen sharply in the past few years due to an increasing number of... Read More
After increasing interest from international investors Bruntwood has sold Manchester’s 30-storey City Tower to asset manager Schroder for £132m — seven million above the regional landlord’s asking price. The sale of the 615,000 sq ft tower is... Read More
While the London commercial property market may be in robust health, until the beginning of this year the regional markets had struggled to recover. However, a new survey conducted by RICS indicates that the West Midlands is in the midst of a resurgence which... Read More
Demolition will make way for New Bailey regeneration A law firm which led a campaign to save its offices from destruction — claiming 30 businesses would be disrupted by the eviction — has been forced to move out of its Salford premises. Ralli... Read More
Planners are expected to rubber stamp Manchester’s latest Spinningfields development later this week — despite objections from some of the city’s top lawyers and its premier theatre venue. Barristers with chambers at the Grade II listed Cobden... Read More