Tag: UK



Pubco & Enterprise Inns suffer massive losses

Posted on 17 November, 2015 by Editor in Chief under Business News, Economy, Industry News

Solihull-based pubco, Enterprise Inns, has suffered an annual loss of £65 million due to a revaluation of its pub portfolio. The largest pub owner in the UK Enterprise, confirmed that the loss compared with a £30m surplus last year, was after net... Read More

Britain’s Farmland Values Show Signs of Slowing

Britain’s Farmland Values Show Signs Of Slowing
Posted on 2 October, 2015 by Cliff Goodwin under Economy, Industry News

Despite an increase in the amount of farmland being sold so far this year, there are warnings that recent price rises are now starting to level off. In its latest rural land report, estate and letting agents Savills claims that yearly returns to the end of... Read More

Greggs Seas “Fascinating Opportunity” In Floating Shops

Posted on 25 November, 2014 by Cliff Goodwin under Business News

After 63 years and 1,671 outlets, Britain's biggest bakery chain is about to add another chapter to its history — by selling its fast food afloat. In a pioneering venture with Wightlink, which operates ferries between Hampshire and the Isle of Wight,... Read More

“Game changing” Master Plan for Oldham Town Centre Revealed

Posted on 21 November, 2014 by Kirsten Kennedy under Business News, Commercial Developments

As the north comes more prominently into focus with property investors from both the UK and overseas, local authorities in regions such as Greater Manchester are keen to highlight the positive impact an acquisition in the area could have. Along with providing... Read More

Fifth Avenue in New York becomes World’s most Expensive Shopping Street

Posted on by Kirsten Kennedy under Business News, Economy

As the global economy continues to take tentative steps towards recovery, consumer driven industries worldwide are once more beginning to thrive. This has seen retail rents in prime locations climb steadily, with New York’s Fifth Avenue now regaining the... Read More

Japan Leader in Expectations for Commercial Property Growth: New Survey

Posted on 13 November, 2014 by Jodee Redmond under Business News, Commercial Developments, Commercial Sales and Lets

The results of Quarter 3, 2014 Royal Institution of Chartered Surveyors’ (RICS) Global Commercial Property Monitor have been released, and Japan is on top when it comes to expectations of growth in commercial property values and rents. The survey also found... Read More

Sports Direct confirms Launch of Budget Gym Chains

Posted on 12 November, 2014 by Kirsten Kennedy under Business News

Sports Direct has become something of a dominant force on the High Street, with the rapid expansion of stores, the collapse of key rival JJB Sports and the purchase of shares in major firms such as Debenhams by founder Mike Ashley creating a solid financial... Read More

US-German Partnership Snaps Up Three More UK Parks

US-German Partnership Snaps Up Three More UK Parks
Posted on 16 October, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets

The German owner-managed investment company PATRIZIA AG has become joint owner of three more UK business parks as part of a £430m sell-off deal. PATRIZIA’s fifty-fifty venture with the Los Angeles-headquartered Oaktree Capital Management now makes... Read More

UK Commercial Property Returns Up in Third Quarter

Posted on 18 October, 2012 by Jodee Redmond under Industry News

Third quarter returns in the UK are offering encouraging numbers for investors, according to the latest report released by Jones Lang LaSalle. Returns were in the black by a rate of 1.3 per cent, compared to 0.4 per cent in the second quarter. Analysts noted... Read More

UK Commercial Property Rents Down for a Full Quarter

Posted on 26 September, 2012 by Jodee Redmond under Industry News

Rental values for UK commercial properties have fallen for three months due to falling occupier demand.... Read More