Monthly Archives: June 2014



Commerzbank sells more than €5bn in Property Loans

Posted on 26 June, 2014 by Jodee Redmond under Worldwide Property News

Commerzbank has disposed of more than €5bn in property loans in Portugal, Spain, and Japan, as the global banking and financial services company continues to run down the assets in its "bad bank." The Frankfurt-based lender has announced that it... Read More

Minister gives Green Light to “Project Pinewood”

Posted on by Cliff Goodwin under Commercial Developments, Top Properties

Britain’s film industry received a major boost when the Government stepped into a green belt row between Pinewood Studios and local planners. After two rejections the world famous studios can now go ahead with a £200m expansion plan, codenamed “Project... Read More

Designer Village Plans promise Biggest West Midland’s Retail Development in Decades

Posted on 25 June, 2014 by Cliff Goodwin under Commercial Developments

Plans have been unveiled for a multi-million pound designer outlet village at Cannock. If approved the Staffordshire scheme would house up to 130 shops and create hundreds of jobs. The project — earmarked for a site next to Mill Green Nature Reserve... Read More

Window Cleaners with a head for heights sought for The Shard

Posted on by Neil Bird under Top Properties

Window cleaners with a head for heights are wanted to clean the exterior of Western Europe’s tallest building – but only if they are currently unemployed and live in the London Borough of Southwark. The two positions are advertised on the website... Read More

Indian Property Company wins Three-Way Fight for JLL’s Mayfair Headquarters

Posted on by Cliff Goodwin under Commercial Sales and Lets

The former Mayfair offices of Jones Lang LaSalle (JLL) have been sold to one of India’s biggest real estate companies for a reported £155m. Indiabulls Real Estate acquired the 87,444sq ft building at 22 Hanover Square from Scottish Widows Investment... Read More

Planning Reform upsets the odds for Bookies

Posted on by Cliff Goodwin under Business News

Government plans to reshape and revitalise Britain’s high streets could prove a costly gamble for betting shop owners, according one commercial property agent. Under a planning regulation shake-up — expected to take affect this October —... Read More

Pioneering Deal to bring Office Space to Shopping Centres

Posted on 24 June, 2014 by Cliff Goodwin under Business News

In what is being heralded as the first deal of its kind, the global workplace provider Regus has signed a deal to open “third place” business hubs at three of British Land’s retail properties. The first Regus Express centres will be piloted at... Read More

Netto and Sainsbury’s to take-on High Street Discounters

Posted on by Cliff Goodwin under Business News

Danish retailer Netto — which pulled out of the UK in 2010 — is plotting its return in a joint supermarket venture with Sainsbury’s and a head-to-head discount clash with rivals Lidl and Aldi. The first new stores, branded as Netto, will begin... Read More

Prince’s Regeneration Trust steps in to save Historic Potteries Building

Posted on by Neil Bird under Commercial Developments, Top Properties

The Prince’s Regeneration Trust has come to the rescue of the Wedgwood Institute, once listed among the top ten most endangered Victorian and Edwardian buildings in the country. The Grade II listed building in Burslem, Stoke-on-Trent has been allowed... Read More

Minister rejects Heritage Concerns over Belfast City Quays

Posted on by Cliff Goodwin under Commercial Developments

Fears that a £250m development in the heart of Belfast’s historic docks would damage nearby landmark buildings have been dismissed by Northern Ireland’s environment minister. Granting outline planning permission for the City Quays 1 development... Read More