The rise in terrorist attacks and insurgency in parts of Nigeria has plunged the country’s property market into a new recession with a fall in demand dragging down values by as much as 40 per cent. With attacks like the kidnap of 200 schoolgirls from... Read More
Retail and leisure developments throughout the UK are thriving at present, with the effects of economic recovery particularly benefiting consumers living in the affluent south. Unfortunately, it now appears that the positive impact these developments bring to... Read More
Istanbul's office market hit a milestone in 2013, hitting record levels for completed transactions. Close to 250,000 square meters of space were registered last year. New development projects offered both pre-lease and pre-sale incentives to occupiers and... Read More
Civic leaders are facing mounting pressure to explain how nine illegal immigrants came to be working on a £200m flagship Tyneside development designed to create hundreds of local jobs. Demands by Newcastle council leader Nick Forbes for “urgent... Read More
Development includes plans for High Line style ‘pedestrian spine’ Arena Central Developments (ACD) has confirmed that demolition and ground work will begin within weeks to allow the first phase of its 2.3m square feet Birmingham Arena Central development... Read More
Harvester owner Mitchells & Butlers has expressed an interest in purchasing a large percentage of ailing pub company Orchid’s outlets. The cost rumoured is to be around £266 million. Should Orchid agree to the deal, Mitchells & Butlers will take... Read More
Legal and General is selling the London headquarters of one of the world’s oldest and most exclusive banks — just two months after acquiring its Strand offices in a £550m property portfolio deal. The sale of the Coutts & Co building at 440... Read More
Despite a rise in consumer confidence only four mixed-use retail and leisure schemes are currently under construction or recently opened in the country at present. One of these is the Parkgate scheme in Shirley, Solihull, which opened its doors this week... Read More
Data from CBRE shows that overseas commercial property investors are increasingly interested in the UK’s regional cities due to a lack of supply of prime stock in Central London. Close to three quarters (74 per cent) of overseas investment in the... Read More
Shopping centres have seen a resurgence in consumer footfall this year, after consistently losing business to online retailers during the recession. This has allowed developments such as Whiteley Shopping Centre in Hampshire to flourish in the past twelve... Read More
