Monthly Archives: June 2013



Hong Kong Still Priciest Office Market in the World

Posted on 27 June, 2013 by Jodee Redmond under Worldwide Property News

Asian cities continue to dominate as the costliest places in which to set up office and Hong Kong holds onto its position is the most expensive one of all. Four other Asian cities were listed in the top five, according to the semi-annual Prime Office... Read More

O2 Arena is Top Live Venue in the World

Posted on by MOVEHUT under Top Properties

London's O2 Arena has defied the recession and announced a 35 per cent increase in net profits on revenues which rose 5 per cent to £62.8m in the year ending December 31 2012. It is the highest recorded revenue by the O2 since it opened as an arena in... Read More

Pharmaceutical Giant Announces Cambridge Relocation

Posted on by Neil Bird under Business News

Astra Zeneca, put its current difficulties aside this week when it unveiled Cambridge Biomedical Campus as the location of its new £330 million global headquarters. The pharmaceutical giant has suffered from falling sales of late as patents on some of... Read More

Hotel Investment Provides Highest Returns in 2012

Posted on by Kirsten Kennedy under Industry News

According to the IPD Pan-European Hotel Performance Report released this week, investment in hotels provided the highest return in the commercial property sector last year. The report shows that the European hotel sector provided a total return of 5.8... Read More

Are Big Brands Responsible for the Decline of the High Street?

Posted on 26 June, 2013 by Kirsten Kennedy under Business News

It is no secret that high street shopping has become something of a hark-back to days gone by. The idyllic market scene, with butchers, greengrocers and DIY stores on every corner, is no more and instead consumers rely on supermarkets and chain stores to... Read More

Canary Wharf of the Railways Planned for HS2 Hub

Posted on by Neil Bird under Commercial Developments

Plans for a mixed use development, dubbed the ‘Canary Wharf of the railways,’ will be unveiled to the public this week. The £10 billion proposal will regenerate over 100 acres of semi-derelict sidings at Old Oak Common and is expected to create in the... Read More

Menendez Bill Will Encourage Overseas Investment in US Real Estate

Posted on by Jodee Redmond under Worldwide Property News

Senator Robert Menendez (D-N.J.) has introduced a bill to make it easier for owners of commercial real estate to access private capital from overseas. Senator Menendez The measure, which was re-introduced by Menendez and Senator Mike Enzi (R-Wy) is... Read More

Consumer Spending Reaches Record Heights

Posted on by Kirsten Kennedy under Economy

With the economy finally showing signs of improvement shoppers are once more hitting the high street in earnest once more. Despite the fact that inflation remains a little high, the wealth of offers and promotions being rolled out by both commercial... Read More

Liverpool FC Plans Huge Regeneration

Posted on 25 June, 2013 by MOVEHUT under Commercial Developments

Plans have been submitted to Liverpool City Council for a £260 million regeneration of the area surrounding Liverpool’s football stadium, Anfield. The plans are subject to public consultation, but if agreed 296 homes would need to be demolished to make way... Read More

Is the Sky the Limit in the Race to the Top?

Posted on by Neil Bird under Top Properties

It seems we can’t escape tall buildings these days. Take a look at the changing London skyline and do a rough crane count. Travel to the top of the Shard. Only last week a ceremony was held to mark the topping-out of the Cheesegrater while the nearby... Read More