Welcome to MOVEHUT News. Here you will find the latest commercial property news. We cover anything from recent administrations to new developments in your area. We list our commercial property news in easy to find sections to help you find the articles that you want to read. You can filter our articles by categories, recent post, archives, tags, and authors.
One of Britain's biggest business communities — housed in what was once the world biggest carpet factory — is to get another 75,000 sq ft of office space. Work will start next month to convert that last two derelict mills on the 22-acre Dean Clough site at Halifax, West Yorkshire, into the new headquarters... Read More
It took 18 months of work by a group of measurement experts, including two global public consultants and 85 drafts, but the first international property measurement standard has been published. International Property Measurement Standards: Office Buildings will end the inconsistency in the way that offices are measured in different... Read More
Just days after a promised transport upgrade between Leeds city centre and its regenerated docks, a local commercial agent has been appointed to manage one of its pioneering developments. Investment firm Allied London was last month granted permission for its new super-building workspace concept, The Engine. It has... Read More
Shoppers will be treating themselves to Black Friday bargains today rather than bagging Christmas gifts for family and friends. Research from Hammerson, which has a nationwide portfolio of shopping centres and retail parks, reveals that 73 per cent of shoppers are planning to make a personal purchase, with almost half of those (45 per... Read More
Turnaround specialist Hilco Capital made the news in the UK shortly after the recession, when its rescue of entertainment brand HMV from administration led to one of the most pivotal high street recoveries ever witnessed in this country. Now it is hoping that a similar feat will be possible with fashion chain Bank, as one of its subsidiary... Read More
One of Australia's biggest logistics property groups claims it will create hundreds of British jobs if its plan to build a Derbyshire "big hut" is approved. Goodman — which owns, develops and manages warehouses and large scale logistics facilities around the world — wants permission to extend its Derby Commercial Park with... Read More
Investment returns on UK commercial property were the highest among nine key asset classes in the year to October, according to research from Lloyds Bank. The figures show that returns rose by 20.1 per cent, easily outperforming global equities, which climbed by 12.8 per cent, and UK residential property which made gains of 11.3 per... Read More
With Christmas fast approaching retailers are gearing up for their busiest time of the year, with many hoping that the festive season will allow them to put behind the woes of a particularly poor first half. However, at discount chain Poundland it is truly the season to be jolly, as its latest trading report has shown a huge growth in both... Read More
London is one of the world’s most desired destinations for business, with overseas investors from across the globe channelling millions of pounds into commercial property in the capital. However, in order to maintain and expand this current pace of growth, London Mayor Boris Johnson is leading a delegation to the Far East to encourage... Read More
The Humberside site on which British Aerospace developed its Hawk jet trainer — used by the RAF's Red Arrows display team since 1979 — has been sold in a £10m deal. East Yorkshire’s Humber Enterprise Park, on which BAE Systems still has a presence, has been sold to LC Industrial, a joint venture between Lumina Real Estate... Read More
Fears that reforms to the business rates appeal procedure would only generate more bureaucratic red tape have been eased by an apparent Government U-turn. In an open letter, the Department for Communities and Local Government (DCLG) has now confirmed that the Government "has decided to fold the consideration of reform of the... Read More
Investment firm KSL Capital Partners has agreed a deal with hotel group De Vere for its Village Urban Resorts hotel brand. The deal includes a total of 28 branded Village hotels, with locations including Coventry, Dudley, Walsall and Solihull. However, only 25 of the hotels are completed at present, with the final three under... Read More
The Grand Central retail and dining scheme in Birmingham is forecast to become one of the UK’s most exciting development launches of next year, with thousands of consumers expected to flock to its opening next September. Fortunately, it seems that none of those wishing to pick up a bite to eat will go hungry on opening day, as... Read More
Supermarkets have increasingly begun to focus on convenience retailing as they adapt to changing consumer habits, with most now cutting back on larger store openings to focus on smaller local stores. Now it appears that non-food retailers are beginning to follow their example, with Argos this week announcing the launch of its first London... Read More
After the surprise closure of a Tyneside hotel the landowner — property giant The Crown Estate — has now unveiled plans for a shopping park on the site. In July, staff and guests at the Travelodge on North Tyneside's Silverlink retail park, were given just hours notice of the budget hotel's closure and transferred to other... Read More
The UK’s largest listed commercial property company, Land Securities, has confirmed 127,000 sq ft of lettings across its shopping centre portfolio. At Glasgow’s Buchanan Galleries, three new restaurant brands and two top fashion brands will take space in the major extension to the retail and leisure destination in the heart of the... Read More
Secretary of State for Wales, Stephen Crabb MP, was impressed with the progress of Queensberry Real Estate’s Friars Walk development following a recent visit to the site. Mr Crabb visited the 390,000 sq ft Newport shopping centre with Chief Executive of UK Trade, Dominic Jeremy, to hear the latest news about the scheme, which is... Read More
The UK’s largest commercial property company, Land Securities, has confirmed the arrival of a number of major brands at its popular Portsmouth retail outlet, Gunwharf Quays. Mint Velvet, Asics, Coast, Watch Station, The North Face, Musto, Pret a Manger and Pearl Izumi have agreed terms on a combined total of 17,000 sq ft, marking a... Read More
After weeks of speculation it now looks certain the royal family of Qatar is lining itself up to make a multi-million pound investment in the redevelopment of Birmingham's Curzon Street Station — a key project in the HS2 network. Hints of an involvement by the oil rich state first surfaced last month when the Emir of Qatar visited... Read More
As supermarket groups continue to rein in spending by abandoning proposed developments, local communities are beginning to openly resent affected sites being left in almost derelict states in their wake. This has seen Walsall residents call upon the council to force owners of the Ravenscroft Shopping Centre in the town centre, with Walsall... Read More
As the economy continues to grow, overseas firms are expressing greater levels of interest into expanding existing sites within the UK. This has seen engineering group Siemens enter into discussions with Manchester City Council in an attempt to realise its ambition to transform its Didsbury headquarters into a “world class” facility... Read More
Property owners are legally responsible for business rates owed by a tenant who has ceased trading, the High Court has ruled. The precedent came with the court's rejection of an appeal by Schroders Exempt Property Unit Trust (SEPUT) that it could not be held liable for rates owed to Birmingham City Council once a tenant goes into... Read More
MOVEHUT commercial property news is designed to give you the reader, the latest breaking news in the commercial property market. We welcome comments and opinions on our news articles which can be added at the bottom of any article.
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Our categories are split into eight sections. These include: Business News, Commercial Developments, Commercial Sales, Economy News, Industry News, Top Properties, Wacky News and Worldwide News.
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