Monthly Archives: December 2014



British Land’s 10 Portman Square almost fully let

Posted on 18 December, 2014 by Chris Grigorovsky under Top Properties

The Ontario Teacher's Pension Plan (OTPP), Canada’s largest single profession pension plan, has moved their business into 10 Portman Square in the West End of London, signing a fifteen year lease for 18,535 sq ft of second floor office space, according to... Read More

Dixons Carphone reports strong UK and Ireland performance

Posted on by Kirsten Kennedy under Business News

The merger between electrical goods retailer Dixons and mobile phone retailer Carphone Warehouse earlier this year saw two of the strongest brands on the high street unite. As expected, this has had a positive impact upon sales performance, with the newly... Read More

Hammerson confirms January start for WestQuay Watermark development

Posted on by Kirsten Kennedy under Commercial Developments

Hammerson has announced that work on its upcoming WestQuay Watermark development in Southampton will officially begin early in the New Year, with the £70 million scheme set to be constructed in two phases. Phase one, for which enabling works have... Read More

Offices to Homes Scheme proves Popular in Northamptonshire

Posted on by Cliff Goodwin under Industry News

More and more landlords are applying to convert empty offices into residential accommodation before a temporary change to the planning system runs out in 17 months’ time, a leading commercial property agent has claimed. Under the Government's... Read More

Falling Vacancy Rates and Rising Rents forecast for US Market

Posted on by Jodee Redmond under Worldwide Property News

The upturn in the US economy should keep interest in commercial real estate steady, according to the quarterly forecast released by the National Association of Realtors®. (NAR) Lawrence Yun, NAR’s chief economist, commented recently that commercial... Read More

Government Inspectors strip Tower Hamlets of power to sell Property

Posted on 17 December, 2014 by Neil Bird under Uncategorised

A team of government inspectors today moved to curb the power of Tower Hamlets Council to sell property, following the publication of a PricewaterhouseCoopers (PwC) report which found evidence of “serious irregularities and a lack of transparency” in the... Read More

Birmingham included in Rough Guides Top Ten Global Destinations List

Posted on by Kirsten Kennedy under Business News

Birmingham is swiftly becoming one of the top European destinations for visitors from the Far East and America. This has been reinforced by its inclusion on travel guidebook series Rough Guides’ top ten most exciting global destinations to visit in 2015 and... Read More

Mary Portas criticises Government for “Slow” Shop Action

Posted on by Kirsten Kennedy under Business News

The Autumn Statement has been largely welcomed by retail bodies, with the much awaited review of business rates the icing on the cake of a programme of funding initiatives for small businesses. However, this week “high street guru” Mary Portas has hit out... Read More

Village Hotels sale completes De Vere break-up

Posted on by Cliff Goodwin under Commercial Sales and Lets

The De Vere empire has now been fully broken up, with United States private equity company KSL Capital Partners acquiring the final piece of the hotel group — the 28 property De Vere Village chain — for £480m. A former FTSE 100 listed company, De... Read More

Government invests £5m in Sensor City Hub

Posted on by Cliff Goodwin under Business News

The Government is contributing a third of the money needed to launch a high-tech Merseyside university business hub that could house 300 new businesses and create 1,000 new jobs. Sensor City — described as a "sensor-systems business incubator" — is... Read More