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.
British Land and Oxford Properties have announced that specialist pensions insurer Rothesay Life has signed an agreement to take level 25 of The Leadenhall Building. Level 25 of the City of London tower, also known as The Cheesegrater, provides over 13,500 sq ft of space which has been taken on a 10 year lease with a break option after... Read More
A town’s pledge to create at least 70,000 new jobs by 2031 looks set to be delivered ahead of time — with half that number expected to be filled within the next seven years. At the crossroads of Britain’s road and rail network, Northampton was recently recognised as one of the UK’s top business locations by Santander Corporate... Read More
The Frenchgate Limited Partnership – owners of Doncaster’s Frenchgate Shopping Centre– have implemented a three stage “performance plan” designed to strengthen the tenant mix at the 800,000 sq ft South Yorkshire centre. The first stage of the £10m plan, which is now underway, has seen specialist jewellery brand Pandora take... Read More
One of the country’s leading property marketing specialists looks set for expansion following a management buyout. Jules Shale is now the sole owner of Manchester-based 90degrees, a design and marketing company which specialises in the commercial property market. Government-backed finance for the takeover was arranged by... Read More
Commercial premises in the world’s first garden city have been promised a £2m makeover by the charity which owns them. The two-year improvement programme was announced by Letchworth Garden City Heritage Foundation as part of the organisation’s annual investment update. It comes just weeks after the charity — which owns property... Read More
The National Asset Management Agency (NAMA) is planning to sell off at least 80 per cent of its “senior debt” by the end of 2016, two year’s ahead of a deadline set by the Irish government. After its busiest sales quarter for three months, the agency — which is now one of the world's largest property groups — is accelerating... Read More
As consumer habits continue to change amidst the economic recovery, many high street brands are identifying a growing need to adapt in order to survive. This has led to a wave of so-called retail “chameleons” springing up in town centres throughout the UK, with these innovative new businesses finding flexible uses for commercial... Read More
Warwickshire developer IM Properties recorded a drop in profits of £6m for the financial year ended December 2013. The firm, which is known for developing large-scale distribution and logistics facilities, made pre-tax profits of £16.6m. The company noted that its dip in profits was due to the completion of its strategy to reallocate... Read More
Tower Hamlets decision to give the go-ahead for the expansion of Canary Wharf is welcome news for London's residential and commercial property sectors. The mixed-use Wood Wharf scheme will add an additional 4.9 million sq ft to London’s development pipeline and will see the construction of 30 new buildings, in which a total of 1.9... Read More
Barnet Council has launched a search for a partner to develop one of London’s largest remaining brownfield sites. It claims the plot, close to the North Circular Road, is big enough to take almost five-million sq ft of shops and 7,500 new homes. This month the authority signed a multi-million pound regeneration deal with Hammerson... Read More
The latest research from accountancy and advisory firm Deloitte indicates that consumer confidence is steadily improving and is now four points higher than a year ago. The improvement has been particularly good in the West Midlands, an area where the level of unoccupied retail properties rose sharply during the recession. The firm’s... Read More
Northern Ireland businesses have invested over £5m in new industrial and warehouse space in the first half of this year, according to a new survey. The commercial property and real estate adviser, CBRE, claims that growing demand and the need to explore new national and international markets has forced companies into buying or leasing... Read More
Multi-million pound regeneration plans for the centre of Birmingham have been boosted by the announcement that HS2 Ltd — the company behind Britain’s new high speed rail network — is moving its operational headquarters to the city from London. News of the Midland city’s biggest office let in years came just hours before the... Read More
Canary Wharf Group and Qatari Diar’s £1.3 billion redevelopment of London’s Shell Centre is to be challenged in the High Court, Building Design reports today. The action has been launched by activist and writer George Turner who has previously questioned whether Secretary of State Eric Pickles’ approval of the plans was... Read More
After a three-month search the team behind Britain’s first all-digital bank has announced its bricks-and-mortar headquarters will be in Durham City. An initial 50 members of staff will move into 10,000sq ft of the county council-owned Northumbria House this summer with the Atom Bank offices gradually spreading to take over the entire... Read More
Work has started on the £7m refurbishment of a landmark Bristol office building. When the “high-end upgrade” is completed Narrow Quay House will become the new home for expanding law firm Veale Wasbrough Vizards (VWV). The contract to refurbish the prominent 1970s waterfront block was awarded to the Midas Group, one of the largest... Read More
Top international brands DKNY and KIKO MILANO have signed leases at Land Securities’ multi-award winning shopping centre, Trinity Leeds. DKNY has taken 2,265 sq ft for a stand-alone store on the ground and basement floors of the 1m sq ft development. Meanwhile, KIKO MILANO, will provide a great range of quality cosmetics to... Read More
Commercial development across Britain “lagged behind a booming economy” last year, claims an industry survey. Almost £23bn worth of new projects were started in the year to the end of June — a rise of just 6.6 per cent. The figures — revealed in the Jones Lang LaSalle (JLL) and Glenigan annual construction index — also show... Read More
After remaining largely untouched by months of civil conflict in the Ukraine, British businesses could now find themselves at the sharp end of any sanctions imposed after last week’s shooting down of a commercial airliner the Wall Street Journal reports. The deaths of 298 civilians — ten of them Britons — and the ever hardening... Read More
Boosted by the increased activity in the property market one Yorkshire developer has revived its acquisitions campaign with the purchase of a three-acre brownfield site near Wakefield. Leeds-based Gregory Property Group (GPG) confirmed the deal for the Ossett site close to the M1 motorway is one of a number the company is negotiating... Read More
A one-of-a-kind Cambridge innovation centre has been awarded £2m of Government funding less than two weeks after receiving full planning permission. The four-storey Epicentre research and development hub will be the first unit to be built at Haverhill Research Park which will ultimately provide up to 450,000sq ft of office,... Read More
Wanda Commercial Properties,the Chinese real estate developer, has agreed to buy a 90% share in a Chicago waterfront project. The site will include high-end residential units, as well as commercial space and a hotel. The company chairman has said that the Chicago purchase is the first of several that Wanda has planned in the United... 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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