News Page 4

Commercial Property News Posts

Affordable Start-Up Hub in Shoreditch

Posted on September 28, 2016 1:35 pm by admin under Commercial Developments

London, a central hub for UK businesses means the price for workspace is significantly higher than the rest of the country. As a result, a start-up business may end up relocating outside of London. ContainerVille, located in Shoreditch is an “affordable start-up hub", which was made available to the public in the summer of 2014. What... Read More

A tower in the desert

A Tower in the Desert

Posted on September 19, 2016 10:00 am by admin under Misc

Standing at 830 metres tall, the Burj Khalifa skyscraper, located in Dubai, is the tallest structure in the world. The construction work started in 2004 and was completed in 2009. The premises opened in 2010 and is now home for apartments and leisure establishments including a hotel and bars. Due to the height of the building, a buttressed... Read More

Viewing the city of Berlin from the Fernsehturm

Viewing the City of Berlin from the Fernsehturm

Posted on September 12, 2016 1:35 pm by admin under Misc

The Fernsehturm is a television tower in central Berlin, Germany. The Fernsehturm was built between 1965 and 1969, with the intension to become a symbol of Berlin. Today it is visible throughout central Berlin and some of the city’s suburban districts. It is officially the tallest structure in the country, measuring at 368 metres, and... Read More

H&M groups COS and Monki to open stores at Cabot Circus

The H&M Group’s COS and Monki to Open Stores at Cabot Circus in Bristol

Posted on September 6, 2016 2:47 pm by admin under Commercial Sales and Lets, Industry News

The UK’s property development and investment company, Hammerson, has announced the arrivals of two new major international retailers at Cabot Circus Shopping Centre in Bristol, COS and Monki. Both retailers are independent fashion brands under the H & M Group. COS, a brand established in 2007 that offers modern wardrobe essentials... Read More

A guide to listed buildings in the UK

A Guide to Listed Buildings in the UK

Posted on August 30, 2016 9:00 am by admin under Misc

In the UK, if a property is listed, it will be on the Statutory List of Buildings of Special Architectural or Historic Interest. A listed building cannot be demolished, extended or altered without special permission from the local planning authority. It should be noted that anything can be listed, meaning it does not necessary have to... Read More

Decline of shop vacancy rates in Hemel Hempstead

Decline of shop vacancy rates in Hemel Hempstead

Posted on August 24, 2016 9:18 am by admin under Commercial Developments, Economy

According to Dacorum Borough Council, there has been a significant decline in the number of empty shops in Hemel Hempstead town centre including Riverside, Marlowes pedestrianised area and Shopping Centre. With the town’s ongoing £30 million regeneration plan of the main shopping area, and Capital & Regional Real Estate Investment... Read More

Thaikhun and Franco Manca to Join Southamptons WestQuay Watermark

Thaikhun and Franco Manca to Join Southampton’s WestQuay Watermark

Posted on August 16, 2016 10:34 am by admin under Commercial Developments

It has been announced by Hammerson that a Thai cuisine chain, Thaikhun and Italian pizza restaurant, Franco Manca are the latest restaurants to join WestQuay Watermark in Southampton. It will be the first move into the City of Southampton for both restaurant chains. Previously announced restaurants include Five Guys, Byron Burgers,... Read More

Starting a Business on a Limited Budget

Posted on August 11, 2016 2:39 pm by admin under Economy

In 2015, there were 5.4 million small to medium size businesses in the UK, according to Business Statistics report. If you are looking to embrace having your own business, then you are not alone. One of the major factors that makes would-be business owners dubious, is the funding aspect. However, it has been proven possible to start up... Read More

The Revival of UK Independent Record Shops

Posted on August 3, 2016 4:24 pm by admin under Industry News

There has been a boost in vinyl sales despite the digital technology dominating the market. Records shops have seen a surge in vinyl sales, enhancing their popularity and giving them a new audience. In the hay day, there were over 2,000 independent record stores, but this figure has largely been reduced due to online music sales and... Read More

GSK plans a £275m expansion in its UK sites

Posted on July 27, 2016 11:30 am by Steph Cowie under Business News, Economy, Industry News

The British pharmaceutical company, GlaxoSmithKline plc, still sees the UK as “an attractive location” regardless of Brexit. Chief executive Andrew Witty backed the Remain campaign, said the decision for investment was due to the UK’s skilled workforce, and modest tax system. Most of the products produced at the expanded sites... Read More

Retail industry sees decline in new shop planning applications

Posted on July 25, 2016 1:00 pm by Steph Cowie under Business News

Potential new retail developments have seen a drop in planning applications, according to a recent report by EMW. In 2015, there were 6,700 applications for new shop builds, compared to 7,360 in the previous year. The lack of applications has seen a 9 per cent drop in the past year, resulting in a seventh decline in a row. Before... Read More

London’s high house prices sees workers leaving the city

Posted on July 20, 2016 10:06 am by Steph Cowie under Business News, Economy

A recent survey released by The Federation of Small Businesses, has revealed that the housing crisis is pushing employees out of the city. This has seen a quarter of small businesses considering relocating their companies. The report also saw that 57% of owners are worrying about the well-being of their employees, due to the staggering... Read More

Would you open a Micropub?

Posted on July 15, 2016 4:00 pm by Steph Cowie under Industry News, Misc

Micropubs have recently become trendy and in recent years they seem to be popping up in towns all across the UK. The philosophy is simple, keep it small, keep it simple. They are normally small no-frills pubs that specialize in a specific drink, such as ales, cider and beers. In 2005, the first British micropub opened in a former... Read More


Leeds shopping centre extension creates 350 jobs

Posted on July 15, 2016 12:00 pm by Steph Cowie under Business News, Commercial Developments

The White Rose Shopping Centre’s new leisure extension is estimated to create 350 jobs for the city. Morgan Sindall has been awarded the £13.7m design and build contract by Land Securities which includes a 15-month maintenance period. The latest plans for the development consist of an 11 screen cinema, operated by Cineworld IMAX,... Read More

Exporting is favoured among small businesses

Exporting is favoured among small businesses

Posted on July 14, 2016 2:00 pm by Steph Cowie under Economy

The annual report by UK Export Finance has seen that 77 per cent of the exporters that had benefited from UKEF finance and insurance, were medium size firms and small businesses. It is estimated that there are 7,000 firms in exporter supply chains that also indirectly benefited. Overall, UKEF and their support saw more than £800... Read More

Siemens Keeps UK Investment despite Brexit Caution

Siemens Keeps UK Investment despite Brexit Caution

Posted on July 13, 2016 1:00 pm by Steph Cowie under Business News, Economy

Industrial giant, Siemens, has stated that the UK is still a “good place to do business” despite its previous Brexit warning. Chief Executive at Siemens, Joe Kaeser, told a selection of media groups that the German company will remain fully dedicated to manufacturing across the UK. Siemens currently has 13 plants in the UK and... Read More

Convenience chain enters into administration

Convenience Chain Enters into Administration

Posted on June 30, 2016 2:57 pm by Chris Grigorovsky under Business News, Economy

The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores left. Administrators, KPMG, will now find buyers for the remaining stores and 458... Read More

5 celebrity owned hotels

Leisure Sector to be Unscathed by Brexit Predicts Colliers

Posted on June 28, 2016 2:45 pm by Chris Grigorovsky under Business News, Economy

The Brexit has caused mass panic across the UK economy, with many experts fearing the worst in major sectors. However, the leisure sector is being seen in a different light, with predictions of increased interest as time moves on. Colliers International’s Hotels Director, Peter Brunt, said that the prospect of favourable exchange... Read More

How would the commercial property sector be affected by Brexit

UK Commercial Property Market to Slow in Wake of Brexit

Posted on June 27, 2016 11:56 am by Chris Grigorovsky under Business News, Economy, Industry News

Just days after the controversial UK exit from the EU, a number of experts have said that demand for UK commercial property will weaken. Experts, including JLL UK’s chief executive officer, Chris Ireland, have said that activity levels are expected to dampen while the exit terms are negotiated. He comments: “The impact on... Read More

Holland & Barrett beats £100m profit milestone

Holland & Barrett Beats £100m Profit Milestone

Posted on June 24, 2016 9:00 am by Chris Grigorovsky under Business News, Economy

The UK high street has received a positive shot of adrenaline as health food retailer, Holland & Barrett, has managed to surpass its £100m profits, showing the brand’s continued growth. Across the 694 UK stores and 99 international franchises, sales increased by 155 to £424.7m in the year to September 2015. While pre-tax profits... Read More

Birmingham office market take up surpasses record

Multi-Million Pound Refurbishment set for Birmingham Office Building

Posted on June 22, 2016 12:17 pm by Chris Grigorovsky under Commercial Developments, Industry News

An office building in Birmingham city centre is set to receive a £2.5m overhaul, in order to meet growing demand for smaller floorplates. Occupying the corner plot of Temple Row and Bull Street on the route of the Midland Metro extension, No. 4 Temple Row is receiving major investment for refurbishment from Nurton Developments through... Read More

Over third of SMEs unsure of interest rates their business recieves

Hammerson Sells Essex Shopping Park for £93 Million

Posted on June 21, 2016 11:07 am by Chris Grigorovsky under Commercial Sales and Lets, Industry News

Retail property firm, Hammerson plc, has officially completed the disposal of Thurrock Shopping Park in Essex for £93 million to TH Real Estate. The park has a net internal area of 25,500 metre squared and comprises two retail schemes, which includes tenants such as M&S, Pets at Home, Boots and Dunelm. Hammerson acquired the... Read More