Monthly Archives: February 2015



NewRiver Retail in Basingstoke Leisure Park Deal

Posted on 20 February, 2015 by Kirsten Kennedy under Top Properties

Leisure parks are becoming increasingly strong sources of revenue as inflation remains low and consumers are left with more money in their pockets. As a means of capitalising on this, Basingstoke and Deane Borough Council has entered into a six month... Read More

Hammerson Boss joins calls for Business Rates reform

Posted on 19 February, 2015 by Cliff Goodwin under Business News

The chief executive of Britain’s third largest listed property company has written an open letter to the Chancellor claiming the current business rates system is no longer fit for purpose. David Atkins, chief executive of development and investment... Read More

Bruntwood seeks to bring Colmore Business District asset back into Commercial Use

Posted on by Chris Grigorovsky under Commercial Developments

After recently acquiring the building, family owned property company Bruntwood has submitted a planning application to Birmingham City Council for the £14 million redevelopment of Two Cornwall Street in the Colmore Business District. The plans, designed... Read More

Acquisition Hungry In-Site predicts Best Year Ever

Posted on by Cliff Goodwin under Commercial Sales and Lets

A family-owned property company has added to its portfolio with the acquisition of a former Wincanton distribution site in West Yorkshire, and is anticipating that 2015 will be the best year in its history. In-site Property Solutions — which... Read More

Game Changing Decision ends Uncertainty for Commercial Landlords

Posted on by Cliff Goodwin under Industry News

The Supreme Court has effectively brought to an end a legal campaign by retailers claiming that companies entering administration should be allowed to continue trading while defaulting on rent payments. One of Britain's biggest computer entertainment... Read More

January Footfall drops as Shop Vacancy Rates rise

Posted on by Kirsten Kennedy under Business News, Economy

Before the recession, footfall on Britain’s high streets could generally be counted upon to remain high in January as retailers launched sales to make room for incoming spring and summer stock. However, thanks to changing retail habits this is no longer the... Read More

Occupier Interest in Victoria Gate is Further Good News for Hammerson

Posted on 18 February, 2015 by Chris Grigorovsky under Top Properties

Having announced in November that its Victoria Gate retail development was one-third pre-let, Hammerson now says the figure has risen to 40 per cent, eighteen months ahead of its scheduled opening. The Leeds shopping centre is being built in two phases,... Read More

Almacantar’s Marble Arch Tower gets Green Light

Posted on by Cliff Goodwin under Commercial Developments

Westminster City Council has approved the revamped plans for the £500m-plus redevelopment of Marble Arch Tower. The original design - by Walkie Talkie architect Rafael Viñoly - was rejected because it did not contain enough office space. Permission... Read More

Planning Experts Launch Niche Property Law Firm

Posted on by Cliff Goodwin under Business News

Identifying a specialist need in the recovering commercial property market has prompted two Yorkshire lawyers to launch their own practice. LB & Co — named after its founding partners, Carolyn Lord and Kate Butterfield — will offer specialist advise... Read More

Praxis unveils plans for Whitebirk Employment Park

Posted on by Kirsten Kennedy under Commercial Developments

Investment into commercial schemes in regional areas continues to climb as the economy improves further, with many areas in which development stalled now noting an uptick in demand for space. Commercial investor and developer Praxis is currently hoping that... Read More