Tag: shops



Key Funding in Place for Abbey Wood Development

Posted on 10 February, 2014 by Cliff Goodwin under Commercial Developments

Canada Life has agreed to invest more than £38m in the first phase of London’s Abbey Wood regeneration project. Secured after a joint approach by Berkshire Investment Capital and Development Securities the money will be dedicated to the Cross Quarter area... Read More

Ministers call for simplification of Plastic Bag Tax in England

Posted on 9 February, 2014 by Kirsten Kennedy under Business News

The plastic bag tax which has already been implemented in Wales and Ireland is due to come into effect in England following the general election in 2015. With the majority of ministers behind the plan in principle, it is hoped that it will further contribute... Read More

French Connection Turnaround Plan begins to Take Effect

Posted on 8 February, 2014 by Kirsten Kennedy under Business News

As consumer confidence continues to improve and real wages slowly begin to creep up, the retail industry has benefited from a surprisingly strong rise in profitability. However, while chains such as John Lewis and Home Retail Group’s subsidiaries Argos and... Read More

Sports Direct enters Talks to Buy Irish Elverys Chain

Posted on 6 February, 2014 by Kirsten Kennedy under Business News

Sports Direct has become a powerhouse of the British retailing scene, in part, due to the acquisitions it has made. Now the chain appears to be looking further afield with founder Mike Ashley having spent the past weekend in Dublin. It is thought that he... Read More

Commercial Lease Lengths at Historic Low

Posted on 4 February, 2014 by Cliff Goodwin under Industry News

With commercial landlords forced to offer greater incentives to attract tenants during the financial crisis, lease lengths have fallen to an historic low Prop-Search reports. Prop-Search surveyor Samantha Jones More than 80 per cent of leases signed in... Read More

Overseas Investment continues to fuel Dublin Revival

Posted on by Cliff Goodwin under Worldwide Property News

Dublin is facing an invasion of international businesses and retail chains pushing rents to record highs and forcing a fresh wave of office developments. According to the commercial property consultancy, CBRE Ireland, prime office rents in Dublin 2 and 4... Read More

Scottish Retail Sales outperform UK Average in Mixed Bag of Results

Posted on 3 February, 2014 by Kirsten Kennedy under Economy

Although the economy has largely picked up and allowed industries such as manufacturing and retail to flourish, certain regions of the UK have continued to underperform due to weaknesses in the local economy. Yet it appears that the final quarter of 2013... Read More

Uncertainty over Belfast Area Plan as Deadline Passes

Posted on by Cliff Goodwin under Commercial Developments

A month after the expiry of a Government deadline Northern Ireland ministers have still not been able to agree on a development blueprint for greater Belfast. The Belfast Metropolitan Area Plan (BMAP) — which aims to boost economic growth, development and... Read More

Landmark Washington Hotel Sold

Posted on 2 February, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

One of Washington’s landmark hotels has been sold and moth balled prior to a multi-million dollar redevelopment. Details surrounding the sale by Stanford Hotels Corporation of its L'Enfant Plaza Hotel in downtown Washington D.C. are still sketchy with new... Read More

EU Directive to have Big Impact on Retail Industry

Posted on 1 February, 2014 by Kirsten Kennedy under Business News

UK retailers have faced a number of challenges in recent years, with competition from online brands and the rising cost of business rates compounding financial issues caused by the longest recession in recent history. Yet while these issues are now gradually... Read More