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.
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
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
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
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 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
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, 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 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
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
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
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
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
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
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
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
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
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
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
The co-founder of Wikipedia, Jimmy Wales, will step down from the Guardian Media Group (GMG) board after joining over 12 months ago. This decision comes after Mr Wales decided to establish his own news company, Wikitribune. The main objective of Wikitribune will be to provide "factual and neutral" news coverage, with 20 journalist... Read More
Tesco, the UK’s largest supermarket, has announced its plans to sell its optician business to Vision Express, as it prepares for a £3.7 billion Booker takeover. First established in Peterborough in 1999, the supermarket currently has a total of 206 optician practices throughout the UK. It is expected that the sale will happen later... Read More
A German global banking and financial services company, Deutsche Bank, has become the largest commercial real estate lender in New York city for the first time in 2016. Deutsche Bank is a global banking and financial services company from Germany. The company’s current Headquarters is at Deutsche Bank Twin Towers in Frankfurt. The... Read More
The recent revaluation at the beginning of April this year meant over half a million firms had to start paying higher business rates. However, what is not known is the Government’s new £300 million business relief scheme, which many firms could benefit from. It’s the first time since 2010 that business rates have changed due to... 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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