Kier Property has been awarded a £50m contract to build prestige offices within Northampton’s Waterside Enterprise Zone. The 215,000sq ft business development is on a five-acre brown field site at St Peter’s Waterside between the River Nene and St... Read More
In the years before the recession hit, the peak trading period before Christmas was a chance for fashion retailers to increase profit margins and shift huge amounts of stock in preparation for the arrival of new lines during the key Spring/Summer... Read More
Unsurprisingly, London is leading the way as the UK emerges from the recession. This has provided a boost to the commercial property market where demand and values are rising rapidly. However, according to Deloitte certain factors will prevent London... Read More
A US congressman is pressuring Washington to repeal a law which forces foreign real estate investors to pay up to 35 per cent of a building’s sale price to the Inland Revenue Service (IRS). Republican Kevin Brady claims scrapping the 33-year-old tax... Read More
Ireland’s Green Property has unveiled what it claims is the biggest single office floor space in the city of Liverpool. The Dublin-based company hopes its 35,000sq ft refurbishment of the iconic India Buildings in Water Street will help attract... Read More
Commercial property investors in the United Kingdom are prepared to take on more debt for new transactions as the market recovery heats up. The average loan-to-value ratio sought by investors increased to 58.3 per cent in Q3 of the year from 43.6 per... Read More
Consumer spending across the UK has remained subdued in the past few months, with low confidence leading to small growth throughout the retail industry. However, there have been signs of increased spending in Scotland in the lead up to Christmas, with fashion... Read More
Britain’s internet shoppers parted with an average of £1,175 last year, according to the latest Ofcom figures. The £158 increase is up 16 per cent on the 2011 spend of £1,017 and underscores the growing trend away from the High Street toward... Read More
But hoteliers await World Cup bonanza Rental prices for commercial property in next summer’s football World Cup host Brazil will fall in 2014 due to excess supply and declining occupancy rates, according to analysts. Sao Paulo Prices in Sao Paulo,... Read More
International investors are betting on London commercial projects as opposed to putting their money in property funds, according to a recent Bloomberg article. The report notes that the current shift is a bold one, taking into account that foreign... Read More
