News


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.


Commercial Property News Posts


hotel lobby reception area

QHotels Takes on Management of De Vere Hotel Portfolio

Posted on November 23, 2014 2:00 pm by Cliff Goodwin under Business News, Commercial Developments

A rapidly expanding leisure group has added six former De Vere hotels to its existing national management portfolio of 21 four-star sites. QHotels — which runs the Art Deco Grade II listed The Queens in Leeds and Manchester's iconic The Midland — has amassed a stable of five golf resorts, 18 spa hotels and two city centre... Read More


UK Retail Sales bounce back in October

Posted on November 23, 2014 9:55 am by Kirsten Kennedy under Economy

As Christmas approaches, retailers are hoping that the subdued consumer spending of late will pick up, allowing them to increase profits and guard the bottom line. Fortunately, it appears that the Christmas trading season has gotten off to a good start, with October seeing the end of stagnant and falling sales. During the month, sales... Read More

shoppers in a big shopping center with elevators

West Yorkshire Sees Shopping Centre Development Surge

Posted on November 22, 2014 10:00 am by Kirsten Kennedy under Business News, Economy

Although a number of shopping centre developments have been approved or pitched lately, in the UK overall shopping centre development has remained at a level first seen at the beginning of the financial crisis. However, West Yorkshire has somewhat bucked this trend, with the region’s commitment to growth allowing it to climb steadily up the... Read More

hotel-occupancy-in-birmingham-reaches-new-high

Hotel Occupancy in Birmingham Reaches New High

Posted on November 21, 2014 4:00 pm by Kirsten Kennedy under Business News, Economy

As Birmingham becomes increasingly relevant in Britain’s business economy, more and more business leaders are descending on the city to seek investment opportunities and expansion options. This, combined with a boom in tourism figures, has seen hotel occupancy in the West Midlands’ major city reach a new high according to a new... Read More

CBRE-secures-100-million-construction-loan-for-netflix-hq-in-california

CBRE Secures $100 Million Construction Loan for Netflix HQ in California

Posted on November 21, 2014 2:15 pm by Jodee Redmond under Business News, Commercial Developments

CBRE’s Debt & Structured Finance team has secured a $100 million construction loan for The Grove, located in Los Gatos, California. The project’s initial phase is now under construction and is scheduled to be completed in May of next year. It consists of two office buildings totalling 242,000 square feet which have been pre leased to... Read More


Skyline of downtown Nashville, Tennessee, USA.

Highwoods Properties Will Develop $232M Nashville Headquarters for Bridgestone Americas

Posted on November 21, 2014 12:30 pm by Jodee Redmond under Business News, Commercial Developments

Bridgestone Americas Inc. is moving its corporate headquarters to a new 514,000 square-foot build-to-suit high-rise in downtown Nashville. The decision to make the move to the $232-million building was reached because Bridgestone had outgrown its current headquarters and the company decided to consolidate its operations in a central... Read More


Game-changing-master-plan-for-oldham-town-centre-revealed

“Game changing” Master Plan for Oldham Town Centre Revealed

Posted on November 21, 2014 10:00 am by Kirsten Kennedy under Business News, Commercial Developments

As the north comes more prominently into focus with property investors from both the UK and overseas, local authorities in regions such as Greater Manchester are keen to highlight the positive impact an acquisition in the area could have. Along with providing strong incentives to invest, therefore, they are channelling a lot of funding into... Read More

Fifth Avenue in New York becomes World’s most Expensive Shopping Street

Posted on November 21, 2014 8:30 am by Kirsten Kennedy under Business News, Economy

As the global economy continues to take tentative steps towards recovery, consumer driven industries worldwide are once more beginning to thrive. This has seen retail rents in prime locations climb steadily, with New York’s Fifth Avenue now regaining the title of the most expensive international shopping destination. New York, and in... Read More

Intu expects Bumper Black Friday

Posted on November 20, 2014 1:30 pm by Kirsten Kennedy under Business News, Economy

Black Friday was, for a long time, a purely American tradition shunned by UK retailers and consumers alike. However, with the advent of online shopping came the need for shopping centres and high streets nationwide to up their game in the run up to Christmas, with the four day period now one of the most hotly anticipated events on the retail... Read More

Plans revealed for Northampton Shopping Centre Redevelopment

Posted on November 20, 2014 12:10 pm by Kirsten Kennedy under Top Properties

As retailers continue to invest in their store networks, shopping centre owners are increasingly channelling funds into providing commercial retail space which is attractive, flexible and most of all provides tenants with a steady stream of consumers. Owners of the Weston Favell Shopping Centre in Northampton, Redefine International, believe... Read More


Facebook likely to be among the bidders as its Dublin Headquarters is placed on the Market

Posted on November 20, 2014 10:00 am by Cliff Goodwin under Commercial Sales

Less than a year after it moved into its new Dublin base, Facebook's headquarters is up for sale with an asking price of €163.8m (£131m)  — making it the republic's most expensive single office building since the Celtic Tiger years. The block, at No 4 Grand Canal Square, is being sold on by Chartered Land, which... Read More

New Store openings deliver ‘Healthy Earnings Growth’ for B&M Bargains

Posted on November 20, 2014 9:00 am by Kirsten Kennedy under Business News

Consumers continue to prioritise cost when shopping, meaning discount brands are now performing extremely strongly in the UK. This has particularly benefited Liverpool based discount chain B&M Bargains, which has just revealed an extremely strong first half report. In the 26 weeks to the 27th of September, turnover rose by 29.7 per... Read More

Project Jennifer Development to House Liverpool’s Biggest Food Store

Posted on November 20, 2014 8:30 am by Cliff Goodwin under Commercial Developments

Ten years after it was first proposed, work has finally started on a £150m scheme to transform a northern Liverpool suburb. Codenamed "Project Jennifer" by developer St Modwen the new district centre for the Great Homer Street area will include the city's biggest food store after a 110,000 sq ft unit was pre-let... Read More

Burlington-Arcade-welcomes-Parisian-Retailers

Burlington Arcade welcomes Parisian Retailers

Posted on November 19, 2014 1:26 pm by Kirsten Kennedy under Top Properties

Mayfair’s Burlington Arcade has been one of London’s most attractive shopping destinations since its initial opening in March 1819, with a strong mix of independent and chain retailers. However, landlords have recently announced that the classic arcade will soon take a step into the high fashion field, as global powerhouse Chanel has... Read More

Unibail-Rodamco-gives-update-on-European-Shopping-Centre-Schemes

Unibail-Rodamco gives update on European Shopping Centre Schemes

Posted on November 19, 2014 12:46 pm by Neil Bird under Worldwide Property News

Unibail-Rodamco, Europe’s leading listed commercial property company, has shared the latest news from three of its shopping centre schemes at MAPIC 2014, the international retail property event currently taking place in Cannes. The company has confirmed the progress of Stockholm’s Mall of Scandinavia – known as the Home of the... Read More

Major-New-Deals-confirmed-for-Westgate-Oxford

Major New Deals confirmed for Westgate Oxford

Posted on November 19, 2014 10:48 am by Neil Bird under Commercial Developments, Top Properties

Westgate Alliance –a joint venture between Land Securities and The Crown Estate - has confirmed that Curzon Cinemas and Michael Kors have agreed terms for space at its highly anticipated Westgate Oxford development. Curzon has signed for a 21,690 sq ft, 5-screen cinema, which will be situated in a dramatically designed building above... Read More


Retail-Report-reveals-first-ever-fall-in-Grocery-Sales

Retail Report reveals first ever fall in Grocery Sales

Posted on November 19, 2014 10:30 am by Kirsten Kennedy under Business News

As the pressure on supermarkets continues to mount, it seems that the Big Four are caught in a never-ending downward spiral which is leeching profits, cutting sales and forcing them to halt ambitious store opening programmes. Unfortunately, the latest report from Kantar Worldpanel indicates that the current climate in which they... Read More


Airport departure timetable detail. European destinations shuddle

Chinese Company in talks over flight to Airport City

Posted on November 19, 2014 10:00 am by Cliff Goodwin under Top Properties

A Far East roadshow highlighting the advantages of a flagship Manchester Airport business park and logistics hub is already paying dividends — with one Chinese company in "advanced negotiations" over moving to the development. Manchester Airports Group has formed a four-way joint venture with Beijing Construction Engineering... Read More

Manufacturers-push-Chancellor-for-Business-Rates-Reform

Manufacturers push Chancellor for Business Rates Reform

Posted on November 19, 2014 9:00 am by Kirsten Kennedy under Business News

For the past few years, retailers have headed the drive for the business rates system in the UK to be reformed, claiming the current method of judging how much tax businesses should pay based on their commercial property is unfair. However, manufacturers have now added their voices to the campaign, with some of the country’s largest... Read More

Caddick-beats-Rivals-to-Leeds-City-One-Site

Caddick beats Rivals to Leeds City One Site

Posted on November 18, 2014 2:16 pm by Cliff Goodwin under Commercial Sales

The City One development site in Leeds — subject to a lengthy legal wrangle over the building of Leeds Arena — has been acquired by Caddick Developments. London and Wetherby-based Caddick reportedly paid £10m to retrieve the 9.5-acre site from administration, beating several rival investors, and hopefully bringing an end... Read More

Property-Partnership-sponsors-Major-Victorian-Art-Exhibition

Property Partnership sponsors Major Victorian Art Exhibition

Posted on November 18, 2014 1:30 pm by Neil Bird under Industry News

A property partnership with a history stretching back to the nineteenth century is the principal sponsor behind a major exhibition of Victorian paintings. Strutt & Parker, founded in 1885, is sponsoring A Victorian Obsession: The Pérez Simón Collection comprising 50 rarely seen paintings from the largest private collection of... Read More

Architectural plans and blueprints in office

Wolverhampton Interchange deals just Weeks Away

Posted on November 18, 2014 12:50 pm by Cliff Goodwin under Commercial Developments, Top Properties

Wolverhampton Council has reported "significant interest" from businesses and retailers ahead of the 2015 completion of its flagship city centre office scheme. Work started last month on Interchange 10, a much-needed Grade A office block, part of a wider regeneration of the area around Wolverhampton railway station. The city... Read More


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