Monthly Archives: July 2015



Hammerson upbeat despite Profit dip

Posted on 24 July, 2015 by Neil Bird under Business News

Hammerson has reported a 9.2 per cent dip in pre-tax profit in its Half Year Results which were published this morning. Pre-tax profits at 30 June stood at £329.4 million compared with £362.9 million on June 30 2014 – a fall of £33.5... Read More

Orchard Street completes Manchester Retail Park acquisition

Posted on by Neil Bird under Commercial Sales and Lets

Orchard Street Investment Management has completed the acquisition of Snipe Retail Park in Manchester, in a £61.8 million off-market transaction reflecting a net initial yield of 6.7 per cent. The specialist commercial property investment manager,... Read More

Princesshay Partnership submits Planning Application for £70m Exeter scheme

Posted on by Kirsten Kennedy under Commercial Developments

The Crown Estate and TH Real Estate’s Princesshay Partnership has submitted a planning application to Exeter City Council for the £70 million redevelopment of the city’s bus and coach station. The plans will deliver over 180,000 sq ft of retail... Read More

Uniqlo to open first French Riviera store at Polygone Riviera

Posted on by Neil Bird under Commercial Developments, Worldwide Property News

Renowned Japanese fashion brand Uniqlo has selected Polygone Riviera - the 750,000 sq ft shopping and lifestyle destination currently being developed in a joint venture between Unibail-Rodamco and Socri - as the location of its first store on the French... Read More

Bristol Office Market bounces back after Slow Start to 2015

Posted on by Kirsten Kennedy under Industry News

Activity in the Bristol office market picked up during Q2, compensating for a slower than expected start to the year, with smaller deals making up the numbers. According to the latest Bristol Offices Snapshot from Colliers International, although... Read More

BPF appoints Director of Communications

Posted on 23 July, 2015 by Kirsten Kennedy under Industry News

The British Property Federation (BPF) has appointed Ghislaine Halpenny (pictured) as its Director of Communications. The newly created role replaces that of Head of Communications and Public Affairs, previously held by Patrick Clift who is now Director of UK... Read More

Orchard Street completes first letting at J4 Camberley

Posted on by Neil Bird under Business News

Specialist commercial property investment manager Orchard Street Investment Management has completed the first letting at the J4 Park in Camberley. Multinational blue-chip company Siemens has signed a five-year lease on a 7,662 sq ft industrial unit,... Read More

Victoria’s Secret arrives at WestQuay

Posted on by Chris Grigorovsky under Business News

Hammerson has today announced that Victoria's Secret is to launch a new store at Southampton's WestQuay shopping centre in November. The opening will be the international lingerie brand’s debut on the South Coast. The new 13,000 sq ft store will be... Read More

The Crown Estate welcomes Freeths to One Vine Street

Posted on by Cliff Goodwin under Business News

One of England’s oldest law firms has taken the entire third floor at The Crown Estate’s One Vine Street office block. The 6,000 sq ft deal secures the last available space at the West End building. Founded 210 years ago in the East Midlands,... Read More

Hotel Deals up 172 per cent as the UK leaves the Competition standing

Posted on by Cliff Goodwin under Commercial Sales and Lets

The UK is pulling away from the rest of Europe, the Middle East and Africa (EMEA) by accounting for nearly half of all hotel deals across all three regions, according to new figures from Jones Lang LaSalle’s (JLL) Hotel & Hospitality team. And... Read More