Tag: commercial property



Commercial Supply Shortage threatens to put the brakes on Booming Brighton

Posted on 29 May, 2015 by Kirsten Kennedy under Industry News

Despite recently being described as the most active city for property development outside London, Brighton & Hove faces a severe commercial shortage that threatens to put the brakes on the local economy. The warning comes from national property... Read More

London portfolio delivers for Helical Bar

Posted on 28 May, 2015 by Kirsten Kennedy under Business News

The growth of the London commercial property market has provided a boost for Helical Bar, which today released results showing that, in the year to the 31st of March, the value of the firm’s portfolio rose to over £1 billion. Although pre-tax... Read More

New Chairman appointed at Hortons’ Estate

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

Peter Horton has taken over as chairman of property company Hortons’ Estate.  He is the fifth generation Horton and the sixth member of the family to become chairman of the Birmingham-based business. A qualified chartered surveyor, he joined the... Read More

London Developments contribute to Bumper Year for Land Securities

Posted on by Neil Bird under Business News

Following last week’s strong results from British Land, the UK’s largest commercial property company Land Securities has reported a doubling of its pre-tax profits in 2014/15 to £2,416.5m. The company also said its total business return to 31... Read More

Auckland Commercial Property Market provides Better Yields than Resi investment

Posted on 16 May, 2015 by Jodee Redmond under Worldwide Property News

Residential property prices have increased to such a degree in Auckland that the commercial property market has become an attractive alternative for small investors in New Zealand. Recent sales results reported from commercial real estate agency... Read More

Student Accommodation changing South West Commercial Property Landscape

Posted on 8 May, 2015 by Chris Grigorovsky under Industry News

Student accommodation is changing the face of the South West commercial property landscape, according to the head of Bruton Knowles' Bristol office Paul Williams (pictured). Mr Williams says that the conversion of secondary or surplus space into student... Read More

US Commercial Real Estate Loan Defaults at Six Year Low

Posted on 26 April, 2015 by Jodee Redmond under Worldwide Property News

Default rates on US commercial real estate loans that back complex bonds slipped to a six-year low in 2014, as a combination of lower borrowing costs and the economic recovery helped to keep the market afloat, the FT reports. Defaults on commercial... Read More

Lambert Smith Hampton acquires Retail Property Specialist Tushingham Moore

Posted on 22 April, 2015 by Chris Grigorovsky under Industry News

Lambert Smith Hampton has announced the acquisition of leading retail property consultant Tushingham Moore. Tushingham Moore is an established practice which represents a range of retailers, developers, institutions and private investors throughout the... Read More

Former Steel Town forges New Identity

Posted on 9 April, 2015 by Cliff Goodwin under Business News

Three-quarters of a century after becoming Britain’s steel production capital, Corby is forging a new future for itself — as the country’s fastest growing town. Supporting a flood of new homes — according to the Land Registry the... Read More

“Concerns Remain” over new Scottish Property Tax

Posted on 7 April, 2015 by Cliff Goodwin under Industry News

Scottish property and investment experts admit they still have fears that new higher tax rates on £2m-plus commercial deals could stifle home-grown business expansion and deter foreign investment. The introduction of the new Land and Buildings... Read More