Welcome to MOVEHUT News. Here you will find the latest news from the commercial property sector. We list our commercial property news in easy to find sections to help you find the articles you want to read. You can filter our articles by categories, recent post, archives and tags.
A combination of improved letting activity and taking surplus stock out to market has started to show signs of rental growth in some locations and sectors, according to commercial property agent, Prop-Search. One of the main factors to these findings is savvy landlords being on the back of increasing economic confidence, contemplating... Read More
Following several warnings from organisations about the UK leaving the EU, including IMF and OECD, a collection of eight influential economists who are in support of the Brexit, have claimed that the economy would be better off, with a boost of 4%. This is the first time that the group, known as Economists for Brexit, have publicly... Read More
With the ever increasing cost of commercial property in Central London, a trend of office occupiers within the capital moving out to other major cities will start happening over the next decade, according to new research by Lambert Smith Hampton. LSH’s 2016 edition of the annual Office Market Report highlights the substantial... Read More
Better occupier demand in UK retail warehouses has resulted in the lowest level of vacant space on UK retail parks since 2006, according to a report by Colliers International. The Heading out of Town report found that investment volumes in retail warehousing surpassed £4bn last year, due to level of transactions returning to... Read More
High Street Retailer British Home Stores has had "no alternative" and officially gone into administration following a struggle with £1.3bn worth of debts. For 88 years, the department store has been a mainstay in UK high streets but now it faces a wealth of uncertainty after it failed to find a buyer, putting 11,000 jobs at risk... Read More
Iconic high street retailer BHS is facing uncertainty today, as the store could be filing for administration due to £1.3bn of debt and a stand-off between its owner and the biggest lender. The store’s original majority stakeholder and owner of Topshop, Sir Philip Green, sold it to current owner Dominic Chappell. Mr Chappell acquired... Read More
The EU referendum has been a hot topic this week, with many industry experts presenting research that shows how the uncertainty is affecting the current commercial property market. We have been delving into a report produced by Savills which forecasts how it will see the commercial and rural change post referendum. If you haven’t already,... Read More
A possible Brexit continues to cause uncertainty as investment in UK commercial property saw a significant slowdown in the first quarter of 2016, according to new research from Lambert Smith Hampton. Its latest quarterly UK Investment Trends report has revealed a total of £11.7 billion of investment during Q1 2016, which is 27% down... Read More
This week, Chancellor George Osborne warned of a ‘permanently poorer’ UK if it were to leave the EU, with Treasury analysis saying that by 2030, UK national income could be 6% smaller. Debates are ongoing, trying to convince the nation why we should either stay or leave. Some say we'll be better off out of the EU, while others see a... Read More
Brexit uncertainty has once again caused concern in the commercial property market, as Newcastle saw its occupier market slowdown in Q1 2016 and leasing activity fall dramatically, Lambert Smith Hampton research reveals. The firms latest Newcastle Office Market Pulse has shown that occupier deals in the city’s central office market... Read More
As uncertainty of Brexit’s impact on demand in the market, CBRE has reported that during the “traditionally quiet” first quarter of 2016, demand for office space in London remained robust, with 3.1 million sq ft of offices being taken up by companies. The 3.1 million sq ft is below the 10-year average of £3.2 million, however... Read More
Relocating your business can be an arduous task. The uncertainty of what area is right for you can hold back the process significantly. If you're still undecided, have you ever considered relocating to the Greater Manchester area? Here are five key areas to think about. Major Areas 1. City of Manchester Population – 2.5... Read More
A £10 billion lending fund has been launched by HSBC which is set to help UK small and medium sized enterprises. The fund, which forms part of a broader plan to make banking cheaper and simple for customers, is the largest package of support to be announced by HSBC for UK SMEs. This is set to ensure ambitious companies in England,... Read More
Chancellor George Osborne has stated that the EU exit will cause severe damage to the UK economy and make it ‘permanently poorer’. Analysis by the Treasury shows that by 2030, UK national income could be 6% smaller, which equates to £4,300 a year per household. The report, which is due to be published today, is all about facts... Read More
Hammerson has announced the £85 million Southampton based leisure development, WestQuay Watermark, has reached a construction milestone by achieving full height of 30 metres, which was celebrated with a Topping-Out ceremony led by the scheme’s building contractor, Sir Robert McAlpine. The scheme, which comprises 10-screen cinema, up... Read More
It has been reported that there was an 85% increase of vacant short-term outlets since Q4 2015. The Local Data Company (LDC) found that units which have been vacant for less than a year had increased to 2,109 in Q1 2016, a substantial increase from Q4 2015’s amount of 1,141. Overall, March’s shop vacancy level was at 12.5%,... Read More
A new study by FreeAgent has found that around £250 million of expenses every year are not being claimed by UK micro-business owners, saying the amounts are too small or time consuming to put into their accounts. An aggregated sample of 2.5 million expenses with a total of £168 million was logged in by customers in FreeAgent... Read More
Virtual reality has exploded onto the mainstream market over the past few months with a number of headsets launched for big named brands, including Samsung and HTC. Immersive and exciting, the device is set to become a success, as games industry analyst, Superdata, predicted that the install base for the headsets will reach 70 million by the... Read More
A new study from the Organisation for Economic Co-operation and Development shows individuals that suffer from mild to moderate mental illnesses, like anxiety or depression, are twice as likely to be unemployed, with an estimated Cost to UK Economy of £37 Billion a Year. A reported 1 in 4 people in the UK will experience mental health... Read More
A major new development initiative has been announced between Bristol and Chinese city Guangzhou, strengthening the business partnership substantially. The Terms under a new Memorandum of Understanding, which was signed at the Mansion House in Bristol on Monday, means that Bristol Global Partnership will become the UK’s first... Read More
Celebrities. Those extraordinary individuals that we can’t seem to get enough of and want to know everything about. When they aren’t starring in blockbuster films, achieving sporting greatness or melting the nation’s hearts with their vocals, some like to dabble in the world of commercial property investment. Here are 5 celebrities you... Read More
Durham County Council has approved the transformation of a new 2 million sq ft prime industrial and logistics hub in County Durham. The developer, Citrus Durham Ltd, has received the outline planning permission for Integra 61, a mixed-use commercial scheme which will comprise large industrial and distribution units, a 70-bedroom hotel,... Read More
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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