Monthly Archives: October 2012

Foreign Investors Target Australia

Posted on 31 October, 2012 by Jodee Redmond under Worldwide Property News

Foreign investors were involved in 67 per cent of all commercial property transactions in Australia in the third quarter of 2012. In the same quarter of 2011, buyers in this group accounted for approximately 30 per cent of transactions. Over half of... Read More

Totnes Wins Battle to Keep Costa Out of Town

Posted on by Neil Bird under Business News

We have previously reported on the battle between Totnes and Costa Coffee. Residents and businesses of the Devon town have been fighting for six months to prevent the coffee chain opening an outlet on Fore Street. They argue that the arrival of Costa... Read More

Industry Wide Group to Tackle Failing High Streets

Posted on by Neil Bird under Industry News

Representatives from the property, retail and banking sectors have joined forces to tackle the problem of the UK’s failing high streets. The industry-wide group met for the first time last week and has subsequently announced which organizations have signed... Read More

Halloween at Alton Towers – Fright Fest or Scarcely Scary?

Posted on by Kirsten Kennedy under Misc

Halloween has become one of the most profitable dates in the retail and leisure calendars, along with Christmas, Easter and New Year. Having traditionally been a time for children to dress up in scary costumes and trick or treat the households in their local... Read More

Scottish Businesses Unite Against Rates Proposal

Posted on 30 October, 2012 by Neil Bird under Industry News

Business groups in Scotland have united to oppose plans to reform rates relief on empty properties. Under the proposals, due to be discussed by parliament, business rates relief on unoccupied premises will be cut from 50 per cent to 10 per cent. Supporters of... Read More

Long Beach Landlord Loses Business Licence Over Drug Dispensaries

Posted on by Jodee Redmond under Worldwide Property News

Long Beach city officials have upped the ante in their dispute with medical marijuana distributors and have taken on property owners who rent to these businesses. The City Council has voted to revoke the business licence of a landlord who has allowed medical... Read More

Calgary Office Demand to Normalise Over Time

Posted on by Jodee Redmond under Worldwide Property News

Calgary's downtown office market has been very dynamic over the last few years, with more than five million square feet of absorption over the past three years alone. It's not likely this level of activity will continue in the long term,... Read More

I Can See For Miles

Posted on by Neil Bird under Commercial Developments

Shard gallery offers highest viewpoint west of the Urals Visitors to the public gallery at the top of London’s Shard building will be rewarded with spectacular views stretching 40 miles. The platform, which will provide the highest open air viewing point... Read More

Online Retailer ASOS in Shock Share Slump

Posted on 29 October, 2012 by Kirsten Kennedy under Business News

Online retailing has been one of the most successful markets during the recession, with many companies managing to offset ailing high street profits using their website counterparts. Even for retailers that base their businesses solely on the internet,... Read More

Virgin Money Unlikely to Pick Up RBS Branches

Posted on by Kirsten Kennedy under Business News

Banking chain RBS has not had an easy run during the recession. Trust in the banking system, already damaged by the country’s descent into economic instability, plummeted after the Libor scandal, with the major high street chains suffering... Read More