Monthly Archives: May 2014



Edinburgh Shawfair Plans Unveiled

Posted on 22 May, 2014 by Cliff Goodwin under Commercial Developments

A £200m, 15-year plan to build a new community development on the outskirts of Edinburgh has been unveiled by the Scottish government. To be called Shawfair, the project was first mooted almost two decades ago. Since then it’s been shelved, revived... Read More

Good News for the High Street as April Sales Growth hits Ten Year High

Posted on 21 May, 2014 by Kirsten Kennedy under Economy

The warm spring weather appears to have encouraged many consumers to hit the high street as personal finances improve. Yet April did not just see retailers benefit on an individual level, as the retail industry as a whole enjoyed the strongest monthly leap in... Read More

Coral becomes latest Bookmaker to warn of Store Closures

Posted on by Kirsten Kennedy under Business News

During the recession betting shops became the saviours of many high streets, taking up empty units and lowering vacancy rates. However, with the end of the recession came calls to slow the rapid expansion of bookmakers, with many local authorities voicing... Read More

Fall in London Office construction will be followed by New Wave of Development says Deloitte

Posted on by Neil Bird under Commercial Developments

Office construction in the capital has fallen by 5 per cent over the last six months according to Deloitte’s latest London Crane Survey. The survey records only 15 new starts – the lowest number since 2010 – and there is very little development in the... Read More

Crown House Demand reflects upturn in Sheffield Office Market

Posted on by Kirsten Kennedy under Industry News

As the number of businesses courting expansion continues to rise the commercial property market, in some locations, is being pushed to its limits as the balance of supply and demand grows ever more disproportionate. Yet while this is creating problems in... Read More

Marks & Spencer announces Third Consecutive Annual Profits Fall

Posted on 20 May, 2014 by Kirsten Kennedy under Business News

Competition on the high street has become increasingly intense leading to many brands offering numerous promotions in order to win back customers from rivals. Unfortunately, while this has seen brands such as Next and River Island thrive, others such as Marks... Read More

Birmingham Assay Office sold to Dutch Developer

Posted on by Cliff Goodwin under Commercial Sales and Lets

Just days after it was put on the market Birmingham’s historic Assay Office has been snapped up by specialist developer TCN UK. Owned by Dutch parent company TCN, this is the first time its UK division has ventured into the Midland’s property market.... Read More

Profits leap for Big Two Commercial Property Firms

Posted on by Cliff Goodwin under Industry News

British Land has posted record full-year profits of £297m. The year-on-year rise of more than eight per cent is being credited on a “burgeoning economy and continued commercial demand”. The latest accounts show the value of its UK property... Read More

Fall in Distressed Australian Commercial Properties sign of Recovering Market

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

The number of distressed properties advertised for sale in Australian national newspapers has fallen to the lowest level in several years, which is being taken as further evidence that the commercial property sector is on an upwards trajectory. According to... Read More

Home Furnishings Retailer Paul Simon to close all Remaining Stores

Posted on by Kirsten Kennedy under Business News

Although the recession may be over, and the retail industry gradually recovering from one of the worst downturns in living memory, there is no guarantee of financial security for retailers in the increasingly competitive 21st century. Home furnishings... Read More