Tag: commercial property

MediaCityUK Set for New £1bn Second Phase

Media City UK set for new £1bn second phase
Posted on 8 June, 2016 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

Plans for a £1bn expansion of MediaCityUK has been announced by Peel Land & Property and Legal & General, which are to be submitted to Salford Council. The new scheme is for ten buildings totalling 2.3 million sq ft and will comprise 540,000 sq ft of... Read More

Business Owners Not Swayed by Politician’s Views on Brexit

Business owners not swayed by politicians views on brexit
Posted on 25 May, 2016 by Chris Grigorovsky under Business News, Economy

With the EU referendum just one month away, a study has found that 56% of business owners care more about the facts than what political figures have to say. The survey by sage also found that 17% of respondents will be voting on gut instinct alone,... Read More

intu Watford Set for multi- million-pound Extension

intu watford set for multi million pound extension
Posted on 20 May, 2016 by Chris Grigorovsky under Commercial Developments, Industry News

intu has announced the appointment of Laing O’Rourke as main contractor for a new £178m extension of its Watford shopping centre. The extension, which will comprise a 1.4 million sq ft leisure and retail destination, will place Watford in CACI’s... Read More

Is Cambridge the Right Place for your Business?

Is cambridge the right place for your business?
Posted on 16 May, 2016 by Chris Grigorovsky under Business News, Economy

Summer is upon us. A wondrous time where, for five minutes a year, Britons everywhere are exposed to that yellow warm ball in the sky. The mood of the nation is lifted, which is the perfect time to be productive and make a change. For businesses looking to... Read More

North West Experiences Successful Office Take-Up in Q1 2016

North west experiences successful office take-up in Q1 2016
Posted on by Chris Grigorovsky under Commercial Sales and Lets, Industry News

The North West office market has seen a stellar start to the year, with Liverpool and Manchester experiencing strong levels of take-up in Q1, according to a report from Bilfinger GVA. It was found that Liverpool’s office take-up surpassed 90,000 sq... Read More

BHS a Victim of Delayed Business Rates Revaluation says Colliers

Judgement day awaits BHS today
Posted on 12 May, 2016 by Chris Grigorovsky under Business News, Economy

Struggling high street retailer BHS was on the cusp of receiving millions of pounds of business rates cuts, which would have resulted in a saving of over £15m if the revaluation went ahead in 2015, according to Colliers International. Currently,... Read More

Is the South East Office Market Looking Strong in 2016?

Is the South East office market looking strong in 2016
Posted on 11 May, 2016 by Chris Grigorovsky under Economy, Industry News

The first quarter of 2016 was a great one for the South East office market, which saw its total take-up increase by 30%, according to Knight Frank’s latest M25 offices report. It was found that 973,000 sq ft of space was let during this period, 10%... Read More

St Modwen Sells Birmingham Office Trio for £7.3m

Birmingham office market take up surpasses record
Posted on 9 May, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Industry News

A collection of three Birmingham offices has been sold by St Modwen to an unnamed UK fund manager for £7.3 million. Situated on the St Modwen owned 18-acre Quinton Business Park, the self-contained offices total more than 50,000 sq ft. Senior... Read More

Overseas Commercial Property Investors taking Advantage of Brexit

London office occupiers will head out to regions in next decade
Posted on 3 May, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

With the pending EU referendum causing concern in the London commercial property market, private investors from the Middle East and elsewhere have found an ideal opportunity to buy landmark buildings. One firm for example, 3 Associates, is a UK family... Read More

Are Signs of Improved Rental Growth Starting to Emerge?

Are signs of improved rental growth starting to emerge
Posted on 29 April, 2016 by Chris Grigorovsky under Industry News

A combination of improved letting activity and taking surplus stock out to market has started to show signs of rental growth in some locations and sectors, according to commercial property agent, Prop-Search. One of the main factors to these findings... Read More