Monthly Archives: December 2012



More Retailers Will Go Bust After Christmas, Harvey Exec Warns

Posted on 21 December, 2012 by Jodee Redmond under Worldwide Property News

Harvey Norman executive chairman Gerry Harvey has issued a dire warning to retailers, saying that conditions in the industry are dire and that many more stores will go under in 2013 after the Christmas rush is over. He told reporters recently that more... Read More

Put Affordable Office Space in London on Your Christmas List

Posted on by Jodee Redmond under Economy

Finding the right office space in London can seem like a very daunting task. The city is one of the busiest places on the planet and the ever-turning wheels of commerce mean that it can be challenging to find a suitable place to set up shop. Savvy companies... Read More

Ritz Hotel Accused of Dodging Corporation Tax

Posted on 20 December, 2012 by MOVEHUT under Business News

A Panorama investigation into the billionaire Barclay brothers claims that London’s Ritz hotel has not paid any corporation tax since it was acquired by the brothers 17 years ago. The BBC documentary, whose broadcast was postponed by the previous... Read More

Cash Back Credit Cards are a Top Tip for Savers this Christmas

Posted on by Kirsten Kennedy under Economy

Christmas is a lovely time of year where families get together, relax and enjoy each other’s company – for many, the only time of year they get to do so.... Read More

Should You Buy Online or In Store this Christmas?

Posted on by Kirsten Kennedy under Economy

With only five shopping days to go until Christmas, panicked parents and frantic friends will be wracking their brains for that ideal last-minute gift for their loved ones in time for the big day.... Read More

Welsh Government Plans Airport Buy Out

Posted on by Kirsten Kennedy under Commercial Sales and Lets

This summer saw thousands of visitors flock to the UK to witness the Olympic and Paralympic Games, giving this country’s tourism industry a much needed boost. However, in the run up to the Opening Ceremony, there were severe doubts that Britain’s... Read More

Casinos and Horror Shows Feature on Leisure Property Market

Posted on 19 December, 2012 by Neil Bird under Commercial Sales and Lets

The Competition Commission has told Rank that it must dispose of as many as six casinos if it wants to complete the takeover of rival Gala. The leisure giant is keen to revive the £205 million deal that has been on hold since May and has already agreed to... Read More

Germany Sells State Owned Property Firm to Lone Star

Posted on by Jodee Redmond under Worldwide Property News

The German government has signed an agreement to sell sate owned property firm TLG Immobilien to Lone Star Funds for $1.4 billion (€1.1 billion). This deal represents the company's largest commercial property transaction of 2012. TLG Immobilien owns... Read More

Azerbaijan Joins London Property Scramble

Posted on by Neil Bird under Commercial Sales and Lets

Despite continuing economic uncertainty the London commercial property market continues to attract growing numbers of foreign investors. Overseas institutions, including pension and sovereign wealth funds, have been pouring billions into UK property over... Read More

John Lewis Enjoys a Christmas Cracker

Posted on by Kirsten Kennedy under Economy

With Christmas drawing ever closer, stores across the UK are in a festive frenzy to achieve the highest possible sales following four years of recession. Yet there are still concerns in the retail industry that economic pressure will see this year’s sales... Read More