Monthly Archives: June 2015



Council’s Trading Estate Purchase unlocks Hereford Development Land

Posted on 22 June, 2015 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

A county council has paid just under £2m for a West Midlands trading estate. The purchase of the 21-unit site also unlocks access to an adjoining plot already earmarked for industrial development. The Herefordshire county authority has already... Read More

Aitchison Raffety expands Birmingham Operation

Posted on by Neil Bird under Industry News

Aitchison Raffety is relocating its offices to central Birmingham. At the same time the multi-disciplinary property company has announced the appointment of Paul Arnell (pictured) as Director and Head of the Birmingham Office. Commenting on the... Read More

Consolidated Property submits ‘Tweaked’ Exeter Retail Development Application

Posted on 21 June, 2015 by Kirsten Kennedy under Commercial Developments

Consolidated Property Group (CPG) has submitted a second planning application to Exeter City Council, after the initial plans for a retail development were rejected last December. The £45 million Moor Exchange proposal has been “tweaked” to reduce... Read More

Abandoned Pontiac Silverdome on market for $30m

Posted on 20 June, 2015 by Jodee Redmond under Worldwide Property News

The Pontiac Silverdome, former home of the Detroit Lions football team, is being offered for sale for $30 million, by Toronto-based Triple Properties who paid an auction price of just $583,000 for the abandoned property six years ago. Triple Properties... Read More

“Buoyant” West Country Hotel and Country Pub Market Returning to Pre-Crash Levels

Posted on by Cliff Goodwin under Industry News

A renewed interest in leisure investment and the tourist attractions of the Cotswolds are combining to fuel the take up of hotels and pubs in the area, a leading commercial agent has reported. This time last year Colliers International had eleven... Read More

Retail still Lagging Behind in Three Speed Commercial Market

Posted on 19 June, 2015 by Cliff Goodwin under Industry News

After an impressive year, the recovery in the commercial property market has settled into a three-speed jog, with offices and retail travelling at two very different rates, separated by industrial property in the middle lane. Following the heady... Read More

High Rise Buildings should be for Commercial Use says former City Planning Chief

Posted on by Neil Bird under Commercial Developments

The City of London’s former planning officer has taken a sideswipe against the rash of residential towers going up in the capital, by stressing that tall buildings should be primarily for commercial use. In the week that AXA unveiled its vision for... Read More

Real Estate Investors on track to grow Portfolio to over £200m

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Birmingham based property group Real Estate Investors Plc (REI) has pursued a strategy of acquiring assets of strong future value since making its successful £45 million placing in April of this year, and is furthering its target to grow the value of its... Read More

TPG makes Mayfair Move

Posted on by Cliff Goodwin under Top Properties

Asset management company REM has confirmed that TPG, a leading global private investment firm with over $67 billion of assets, is to take 27,117 sq ft of office space at Park House in North Mayfair. TPG will take the entire fifth floor of Park House... Read More

intu Broadmarsh Redevelopment given Green Light

Posted on 18 June, 2015 by Neil Bird under Commercial Developments

Nottingham City Council has given the go-ahead for the proposed redevelopment of the intu Broadmarsh shopping centre, reflecting the 90 per cent approval rating the plans received during the public consultation period. A planning application was... Read More