Tag: business news



Cotswolds B & B Deal Underlines Strength Of Cotswold Hospitality Sector

Posted on 18 September, 2015 by Cliff Goodwin under Business News, Economy

Colliers International has sold a stylish bed-and-breakfast property in the Cotswolds hotspot of Winchcombe for £850,000. New owners of the Malvern View B & B are Marco and Cathy Giorgi who sold a larger hotel in Eastbourne to make the switch — along... Read More

Highcross Welcomes Two International Retailers to Leicester

Posted on 17 September, 2015 by Chris Grigorovsky under Business News

Hammerson has announced that two new international retailers, Khaadi and Thomas Sabo are making their brand debut at Highcross shopping centre in Leicester this month. The Pakistani multinational fashion retailer, Khaadi, opened its 2,310 sq ft store... Read More

Real Estate Investors reports Record Half Year Results

Posted on 16 September, 2015 by Kirsten Kennedy under Business News, Economy

Birmingham’s increasingly strong regional commercial property market is a cause of great celebration for investors in the area, with local property group Real Estate Investors one of the major beneficiaries of this trend. This week, the real estate... Read More

Aseana Losses Widen As Revenue Falls By Almost Half

Posted on 1 September, 2015 by Cliff Goodwin under Business News

Aseana Properties — the Channel Islands based developer focused on Vietnam and Malaysia — has blamed its deepening half-year losses on “poor Far East trading conditions”. The London Stock Exchange-listed company reported a pretax loss in the... Read More

Shopping Centre Boom sparked by Investor Confidence claims DTZ

Posted on 6 August, 2015 by Kirsten Kennedy under Business News, Economy

Thanks to a strong uplift in consumer confidence, the number of shopping centre developments in the UK has skyrocketed in recent years, with many developers choosing to capitalise on the expansion plans of numerous High Street retailers. According to... Read More

Latest Acquisitions Take Legal & General Property Spend to £372m

Posted on by Cliff Goodwin under Business News, Commercial Sales and Lets

Legal & General Property (LGP) has spent almost £160m in less than 24 hours to acquire a regional shopping centre and a west London office block. Adding the Grafton Centre in Cambridge and the capital’s First Central 200 (FC200) office complex to... Read More

80,000 Shops Will Close By 2017 Due to High Business Rates

Posted on 16 June, 2015 by Chris Grigorovsky under Business News, Economy

A report from the British Retail Consortium (BRC) has predicted that if business rates continue in their current state, over 80,000 shops will be closed within the next two years. Ministers have warned that a change in shopping habits and a growing... Read More

Sales continue to Slide at Morrisons

Posted on 8 May, 2015 by Kirsten Kennedy under Business News

Like the majority of Britain’s supermarket chains, Morrisons has suffered repeatedly in recent years at the hands of discounters such as Aldi and Lidl which have offered consumers an alternative to the traditional “Big Four” template which dominated the... Read More

Greggs Seas “Fascinating Opportunity” In Floating Shops

Posted on 25 November, 2014 by Cliff Goodwin under Business News

After 63 years and 1,671 outlets, Britain's biggest bakery chain is about to add another chapter to its history — by selling its fast food afloat. In a pioneering venture with Wightlink, which operates ferries between Hampshire and the Isle of Wight,... Read More

Early Full House For Modwen’s Rugby Retail Park

Posted on 24 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Uncategorised

A multi-million pound Warwickshire retail complex — still ten months away from completion — is now 100 per cent let. Being built by St Modwen as the fourth stage of its rolling 70-acre regeneration scheme on Rugby's Leicester Road, its latest... Read More