Rockspring Property Investment Managers have placed the Eastgate Shopping Centre in Gloucester on the market. Rockspring is currently in the process of offloading seven of its shopping malls around the country, in a process that could raise £275 million for... Read More
Marks & Spencer, once one of the key players on the high street, has had a difficult time of late, with a lack of consumer enthusiasm for new clothing lines and increased competition causing the 130 year old retailer to fall behind key rival Next for the... Read More
Europe had been slow to get on board with real estate investment trusts (REITs), but that has changed with a record surge in fundraising which has provided a lift to the commercial property market. In the first eight months of 2014, 10 REITs in Spain,... Read More
Industrial property in the Australian market delivered returns of 12.1 per cent over the year ended June 30 2014. This exceeds the returns from retail and office property, which generated returns of 9.8 and 9.0 per cent, respectively. The strong... Read More
Peel Leisure — the Manchester-based subsidiary of the Peel Group — has completed a re-branding of its hotel division aimed at creating a “one-stop shop” for investment in the sector. Based at its parent company’s Trafford Centre offices,... Read More
Two Yorkshire retail schemes are benefiting from the upturn in occupier demand which has accompanied the economic recovery. Specialist retail park fund Hercules Unit Trust (HUT), which is advised by British Land, has today announced that its Parkgate... Read More
Yesterday’s rejection of independence by Scottish voters is likely to trigger a surge in commercial development and investment, some experts are claiming. Last week, it emerged that property investors were inserting “exit clauses”into deals in... Read More
Shopping centres throughout the UK are now beginning to recognise the beneficial effect a strong and diverse offering and have begun to invest in their leisure offering. This has seen the Capitol Shopping Centre in Cardiff launch preparatory works for the... Read More
London Mayor Boris Johnson has vowed to fight proposals to extend the scheme which makes it easier for commercial landlords to convert office space to residential accommodation. The planning reform was introduced last year to tackle the housing crisis,... Read More
The surge in subsidised and free start-up desk space has forced one of Manchester’s pioneering tech community companies to pull out of the city after just two years. In what it describes as a “mutual decision” TechHub — which offers workspace... Read More
