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.
The Abraj Kudai, set to be completed in 2017, will become the largest hotel in the world with 10,000 rooms to made available to the public. The building will be located two kilometers away from the site of Mecca, which attracts 2 million Muslims for the annual Islamic pilgrimage. The $3.5 billion development project will span... Read More
It has been announced that Poundland will start selling Pep & Co Clothing Range across 10 Poundland stores across the UK. The Poindland shops that will implement the concession are: Wembley, Woolwich, Hanley, Southampton, Kings Heath, Rhyl, Dudley, Slough, Gillingham and Ilkeston. Pep & Co is a UK fashion retailer based in Watford,... Read More
Announced by Hammerson Plc, Gourmet Burger Kitchen has become the latest addition to open at Leicester’s Highcross Shopping Centre, located in Highcross St Peter’s Square. The restaurant plans to open in the summer 2017. Gourmet Burger Kitchen, also known as GBK, is a burger restaurant chain established in 2001 in London. The chain... Read More
It has been reported that Nationwide will close its commercial property lending business as the UK’s biggest building society sees a fall in profit. Compared to its profits of £802 million in the six-month period to the end of September last year, the same period this year saw a drop of 13 percent to £696 million. The building... Read More
Victoria Gate in Leeds, one of the major regeneration projects by the UK’s property development and investment firm, Hammerson, opened to the public last week. The new retail and leisure complex has already filled 90% of all its units, and some of the major tenants include John Lewis, Nespresso, Le Pain Quotidien, Neom Organics, T2,... Read More
It has been announced that Australia’s luxury lingerie retailer, Honey Birdette, are set to open a shop at Victoria Gate, a £165 million shopping centre development in Leeds, which will be completed at the end of October 2016. Honey Birdette has signed up to take a 53 m2 retail unit at the new leisure complex. This is the second store... Read More
London, a central hub for UK businesses means the price for workspace is significantly higher than the rest of the country. As a result, a start-up business may end up relocating outside of London. ContainerVille, located in Shoreditch is an “affordable start-up hub", which was made available to the public in the summer of 2014. What... Read More
Standing at 830 metres tall, the Burj Khalifa skyscraper, located in Dubai, is the tallest structure in the world. The construction work started in 2004 and was completed in 2009. The premises opened in 2010 and is now home for apartments and leisure establishments including a hotel and bars. Due to the height of the building, a buttressed... Read More
The Fernsehturm is a television tower in central Berlin, Germany. The Fernsehturm was built between 1965 and 1969, with the intension to become a symbol of Berlin. Today it is visible throughout central Berlin and some of the city’s suburban districts. It is officially the tallest structure in the country, measuring at 368 metres, and... Read More
The UK’s property development and investment company, Hammerson, has announced the arrivals of two new major international retailers at Cabot Circus Shopping Centre in Bristol, COS and Monki. Both retailers are independent fashion brands under the H & M Group. COS, a brand established in 2007 that offers modern wardrobe essentials... Read More
In the UK, if a property is listed, it will be on the Statutory List of Buildings of Special Architectural or Historic Interest. A listed building cannot be demolished, extended or altered without special permission from the local planning authority. It should be noted that anything can be listed, meaning it does not necessary have to... Read More
According to Dacorum Borough Council, there has been a significant decline in the number of empty shops in Hemel Hempstead town centre including Riverside, Marlowes pedestrianised area and Shopping Centre. With the town’s ongoing £30 million regeneration plan of the main shopping area, and Capital & Regional Real Estate Investment... Read More
It has been announced by Hammerson that a Thai cuisine chain, Thaikhun and Italian pizza restaurant, Franco Manca are the latest restaurants to join WestQuay Watermark in Southampton. It will be the first move into the City of Southampton for both restaurant chains. Previously announced restaurants include Five Guys, Byron Burgers,... Read More
In 2015, there were 5.4 million small to medium size businesses in the UK, according to Business Statistics report. If you are looking to embrace having your own business, then you are not alone. One of the major factors that makes would-be business owners dubious, is the funding aspect. However, it has been proven possible to start up... Read More
There has been a boost in vinyl sales despite the digital technology dominating the market. Records shops have seen a surge in vinyl sales, enhancing their popularity and giving them a new audience. In the hay day, there were over 2,000 independent record stores, but this figure has largely been reduced due to online music sales and... Read More
The British pharmaceutical company, GlaxoSmithKline plc, still sees the UK as “an attractive location” regardless of Brexit. Chief executive Andrew Witty backed the Remain campaign, said the decision for investment was due to the UK’s skilled workforce, and modest tax system. Most of the products produced at the expanded sites... Read More
Potential new retail developments have seen a drop in planning applications, according to a recent report by EMW. In 2015, there were 6,700 applications for new shop builds, compared to 7,360 in the previous year. The lack of applications has seen a 9 per cent drop in the past year, resulting in a seventh decline in a row. Before... Read More
A recent survey released by The Federation of Small Businesses, has revealed that the housing crisis is pushing employees out of the city. This has seen a quarter of small businesses considering relocating their companies. The report also saw that 57% of owners are worrying about the well-being of their employees, due to the staggering... Read More
Micropubs have recently become trendy and in recent years they seem to be popping up in towns all across the UK. The philosophy is simple, keep it small, keep it simple. They are normally small no-frills pubs that specialize in a specific drink, such as ales, cider and beers. In 2005, the first British micropub opened in a former... Read More
The White Rose Shopping Centre’s new leisure extension is estimated to create 350 jobs for the city. Morgan Sindall has been awarded the £13.7m design and build contract by Land Securities which includes a 15-month maintenance period. The latest plans for the development consist of an 11 screen cinema, operated by Cineworld IMAX,... Read More
The annual report by UK Export Finance has seen that 77 per cent of the exporters that had benefited from UKEF finance and insurance, were medium size firms and small businesses. It is estimated that there are 7,000 firms in exporter supply chains that also indirectly benefited. Overall, UKEF and their support saw more than £800... Read More
Industrial giant, Siemens, has stated that the UK is still a “good place to do business” despite its previous Brexit warning. Chief Executive at Siemens, Joe Kaeser, told a selection of media groups that the German company will remain fully dedicated to manufacturing across the UK. Siemens currently has 13 plants in the UK and... 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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