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Commercial Property News Posts

UK retail assets sold by St Mowden as retail market slows

Posted on May 18, 2018 3:27 pm by Bailey Clarke under Business News, Commercial Developments, Commercial Sales and Lets

A UK based residential and commercial developer, St Mowden have sold around 27% of their retail property portfolio featuring shopping centres in Birmingham and Webley. St Mowden are no strangers to the property world, with over 30 years experience in their primary areas of focus, residential land and development and commercial land and... Read More

Demand for retail space lowest in 9 years

Posted on May 11, 2018 3:18 pm by Bailey Clarke under Commercial Developments, Economy, Industry News

According to recent findings from the Q1 2018 RICS UK Commercial Market survey, there is an increasing divide between the demands for the retail and industrial sectors. The general trend was the demand for retail space was declining while the demand for industrial grew. Interestingly however, the overall demand in the market was noted as... Read More

UK Local Authorities spend 3.8bn on Commercial Property in the last 5 years.

Posted on April 17, 2018 2:02 pm by Bailey Clarke under Business News, Commercial Developments, Industry News

A recent study has found that UK local authorities have spent £3.8bn in just 5 years on Commercial Property. The study was undertaken by property consultants Carter Jonas and Revo an organisation that supports people and businesses in the retail sector. From the results, Spelthorne Borough Council came in 1st place as the... Read More

Retail sector feeling positive in Northern Ireland

Posted on March 23, 2018 1:11 pm by Bailey Clarke under Business News, Commercial Developments

Over recent months, there has been a lot of negative headlines for the retail sector, with stores such as Toys R Us going into administration, New Look announcing UK stores will be closing and Carpet Right are believed to be also closing stores. All these recent headlines are adding to the sense of dread for those currently in involved in the... Read More

Brexit silver lining for warehouse builder Tritax

Posted on March 16, 2018 11:35 am by Bailey Clarke under Business News, Commercial Developments

Tritax, a company which provides warehouse space in the UK for internet giant Amazon and for delivery companies, Royal Mail and DPD, express they’re expecting a "silver lining" from the decision for the UK to leave the EU as domestic companies look to keep their activity in the UK. Richard Jewson, who is the company Chairman for... Read More

Tycoon plans £1bn landgrab with Network Rail bid

Posted on March 7, 2018 9:50 am by Bailey Clarke under Business News, Commercial Sales and Lets

Last year Network Rail revealed that it would be searching for a buyer for its commercial estate properties which amounts roughly 5,500 properties across Great Britain. Network Rail has been looking to reduce its huge debt which reportedly could rise to about £53billion by 2019. It has been 3 years since they began a review... Read More

UK Commercial Property investments off to a strong start in 2018

Posted on February 23, 2018 3:29 pm by Bailey Clarke under Business News, Economy

Although Brexit is still looming over the UK, figures recently released by Savills' February Market in Minutes' report, show it is far from slowing things down in the commercial property market. Savills' report highlighted that investment in the UK commercial property market was 66% higher than last year, with a total of £4.2billion for... Read More

Billions of Midlands investment to be showcased at MIPIM 2018

Posted on February 12, 2018 3:40 pm by Bailey Clarke under Commercial Developments

The MIPIM property real estate conference event is being held in Cannes from 13th to the 16th March 2018 this year. Along with over 360 speakers, the event will showcase around £10 billion worth of investment opportunities from across the Midlands region in England. After a successful presence at the MIPIM 2017, there will be over 70... Read More

Northern Ireland Commercial Property boosts due to shopping centre sale

Posted on January 26, 2018 9:43 am by Bailey Clarke under Business News, Commercial Sales and Lets, Economy

Northern Irelands' commercial property market is benefitting from a recent sale when Belfast’s Castle Court Shopping Centre was sold in July 2017 for a staggering £123 million. The property was sold to County Down investment firm Wirefox who have recently been investing in various regions of the United Kingdom. The Castle Court shopping... Read More

Edinburgh needs developments to act as incentive for investment

Posted on January 18, 2018 3:20 pm by Bailey Clarke under Commercial Developments, Commercial Sales and Lets, Economy

The Scottish city of Edinburgh has recently been ranked as one of the top three places in the world to live, but for anyone searching for a new office, there are slim pickings. The city centre's commercial growth is being hindered by the lack of office space the city has to offer and even with a high demand in the area, there has still been a... Read More

Spotify in £1.18bn copyright lawsuit

Posted on January 9, 2018 1:27 pm by Bailey Clarke under Business News

Spotify, the Swedish based music streaming service has been accused of breaching the rights of songwriters and publishers. The online music giant has 18 commercial premises around the world, thanks in part to its huge turnover. With offices in New York, London, Singapore and of course Sweden, Spotify is spread far and wide but now... Read More

Toys R Us UK Stores Facing Administration

Posted on December 20, 2017 11:00 am by Bailey Clarke under Business News, Economy, Industry News

Toys R Us a leading toy retailer for many years could fall into administration before Christmas due to a demand to put £9 million into Toys R Us UK pension fund. The toy store giant is said to not have the resources to pay up such a demand, which has the potential to put it in a critical business situation.  This is not... Read More

Amazon and other online giants changing the game in UK commercial real estate

Posted on December 6, 2017 9:36 am by Bailey Clarke under Business News, Economy, Industry News

With the rise of online retail giants such as Amazon and eBay people have changed how they shop with many now utilising online vendors on a regular basis. Online retail is making shopping more convenient for customers and in turn causing a huge demand for storage premises in the UK. Because of this growing demand, investors are moving into... Read More


British Pubs face closing due to soaring business rates

Posted on November 27, 2017 3:31 pm by Bailey Clarke under Business News, Economy

Great Britain is well known for having its local boozers but due to business rates soaring, this is putting many at risk of having call their last orders and close for good.  Since the 1970s Britain has seen almost 30,000 pubs close all because of rising business rates. With no signs of these rates increases slowing down... Read More


Google new London HQ gets the go-ahead!

Posted on November 21, 2017 2:31 pm by Bailey Clarke under Commercial Developments

While the news broke over summer of Google's plans to build a stunning new London headquarters, it now has the go-ahead to start its construction in King’s Cross in 2018. The building dubbed as the “landscraper” is said will be 11 storeys high and will cover over 1 million square feet with Google taking around 65% of the overall space... Read More


Significant Increase in Female Self-Employment

Posted on July 10, 2017 9:00 am by admin under Business News, Economy

It has been reported by Oxford Economics, the number of self-employment in the UK has been increased by 27 per cent between 2007 and 2017, which brings the total number of self-employed to 4.8 million. In particular, the number of female self-employed workers has risen by 50 per cent in the same period. According to the survey... Read More


London Ranked the World’s Second Most Popular City for Retail Expansion

Posted on June 29, 2017 9:00 am by admin under Industry News

New study conducted by CBRE revealed London as the World’s second most sought after city for retailers looking to expand their businesses in 2017, up from 6th place in its 2016 rank, while Hong Kong remained its position as the most important global retail city. Some of the major retail businesses that opened stores over the past 12... Read More


Havaianas to Open a Pop Up Store at Leicester’s Highcross Shopping Centre

Posted on June 19, 2017 3:06 pm by admin under Commercial Sales and Lets

It has been announced by Hammerson that Havajanas, a footwear brand, which is well known for its iconic flip flops range, will be opening a pop up store at Highcorss Shopping Centre in Leicester this summer. Havaianas, the Portuguese word for ‘Hawaiians’, is an international footwear brand established in 1962, which became very... Read More


Amazon’s Newest Bookstore Opening in New York

Posted on June 9, 2017 10:07 am by admin under Business News

The world’s largest online based retailer, Amazon, has opened its newest bookstore in New York at the end of May this year, which makes it the company’s first brick and mortar shop in the city and seventh nationally. Amazon originally opened as an online book marketplace in 1994, which then expanded to selling other products... Read More


Small Business Rates Relief Delays Affect Thousands of Businesses in the UK

Posted on May 31, 2017 9:20 am by admin under Economy

It has been reported thousands of small businesses are still waiting for their promised relief package following the business rates revaluation in April this year. The government previously promised for business rates relief package to help businesses hit by the rises in rateable value and business rates. £25 million was arranged... Read More


Fashion Retailer, Joy, Rescued by Louche London in a Pre-packed Deal

Posted on May 23, 2017 3:26 pm by admin under Business News

Joy, a fashion retailer, has been rescued by its owner Louche London in a pre-pack deal, despite falling into administration for the seconds time in the last ten years. The pre-packaged sales result in the company to reduce the number of their stores throughout the UK from 32 to 20. The majority of the remaining stores are located in... Read More


New Scheme to Help Part Time Workers Progress in Their Careers

Posted on May 16, 2017 11:45 am by admin under Economy

Timewise, a flexible working consultancy and training company, has launched a new scheme that aims to promote career progression for part time workers, called the Retail Pioneer Programme. The scheme will run for 12 months and it hopes to identify what is currently preventing part time staff from entering into management roles, and... Read More

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MOVEHUT news is designed to provide the latest news from the commercial property sector. Our content is divided into categories including, Commercial Sales and Lets, Commercial Developments, Worldwide Property News, Industry News and Business News.

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