Monthly Archives: January 2013

London Office Market Returns to Pre-Recession Levels

Posted on 31 January, 2013 by Jodee Redmond under Commercial Sales and Lets

International demand for central London offices helped to bring £14 billion in investment into the city in 2012, which brought the market back to its pre-2008 activity level. Two-thirds of this figure came from foreign investors and drove last year's... Read More

Commercial Property Deals in Manhattan Reached Record Levels Last Year

Posted on by MOVEHUT under Worldwide Property News

Commercial property deals in the Manhattan area of New York broke a five year record after over 1,000 transactions were made in 2012. The last record dated back to 2007 which saw 999 properties exchanging hands. But 2012 smashed that out of the water... Read More

Silicon Valley Commercial Development Boom Set to Continue

Posted on by Jodee Redmond under Worldwide Property News

Silicon Valley's commercial real estate boom is expected to continue throughout 2013, according to a forecast released by a Bay Area commercial real estate firm. Cornish & Carey Newmark Knight Frank recently presented its annual forecast in Santa... Read More

ITV Buys Prime London Headquarters

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Broadcasters and media companies seem to have become disenchanted with the capital city recently, preferring Media City in Salford Quays to London bases. Since the conception of Media City, broadcasting groups and journalism collectives such as the BBC and... Read More

Manufacturing Upturn Drives Demand for Industrial Property

Posted on 30 January, 2013 by Neil Bird under Industry News

But will rise in output last? The unexpected rise in UK manufacturing reported recently has had a beneficial effect on the commercial property market according to Coventry based consultants D&P Holt. UK factory production rose to a 15 month high... Read More

H&M to Recycle Clothing in High Street Stores

Posted on by Kirsten Kennedy under Business News

Last year, cosmetics chain Lush came under fire from various sources for a display they chose to put on in the window of a busy London store. The “shock piece” involved a volunteer being put through several ordeals common in animal testing labs and... Read More

Asia Pacific Market Tipped to be Long-Term Winner

Posted on by Jodee Redmond under Worldwide Property News

A new report released by Jones Lang LaSalle has revealed that investors are eager to put more capital into the commercial real estate market. The Asia Pacific market is an especially active one and the company estimates that by the year 2030 direct... Read More

Leeds Office Building could be transformed into a Hotel

Posted on by MOVEHUT under Commercial Developments

An office building right in the heart of Leeds, which has stood empty for a number of years, may be transformed into a hotel, the owners have revealed. The building in question, named City House, is located next to the train station in Leeds and is an... Read More

Vince Cable Calls for Business Rates Review

Posted on 29 January, 2013 by Kirsten Kennedy under Industry News

Business Secretary Vince Cable has at last responded to calls from industry representatives to examine the benefits of freezing or lowering business rates on commercial property after learning that bill payers don’t believe they will benefit from the... Read More

Small Retailers in No Win Situation over Accident Claims

Posted on by Neil Bird under Business News

Small retailers face finding themselves thousands of pounds out of pocket defending themselves against accident claims, even when they are found not to be at fault. The warning comes from commercial property consultants Cushman and Wakefield as new laws come... Read More