Monthly Archives: August 2013



London Designer Outlet Coming Soon

Posted on 29 August, 2013 by Neil Bird under Commercial Developments

London’s first designer outlet village will be unveiled by Quintain Estates shortly. The developer, which is in the process of completing the first phase of the Wembley Park regeneration project, believes the destination will attract in the region of 12... Read More

Hawaii Commercial Real Estate Investment Activity on Pace for Record Year

Posted on 28 August, 2013 by Jodee Redmond under Worldwide Property News

Commercial real estate activity in Hawaii surged during the first six months of the year to $2.2 billion, according to a report released by Colliers International Hawaii. The increase, which was led by hotel sales, represents a gain of 134 per cent from... Read More

John Lewis Plans New Store Openings

Posted on by Kirsten Kennedy under Business News

John Lewis has become something of a powerhouse in British retailing, with the department store chain consistently achieving record results even at the height of recession. With both department stores and the group’s supermarket chain Waitrose going from... Read More

Business Group Calls for HS2 to be Scrapped

Posted on by Neil Bird under Business News

An influential business group has added its voice to the growing criticism of the HS2 high speed rail project. The Institute of Directors (IoD) has described the proposal as a ‘grand folly’ that will have no impact on the productivity of UK... Read More

Charity Shops are Taking Over the High Street

Posted on by MOVEHUT under Business News

As you walk down your local high street, you may have noticed the odd charity shop along the way. But have you noticed that more and more are appearing at a startling rate? According to a report by the Local Data Company (LDC), there are around 10,000... Read More

US Property Insurers see Income Rise

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

U.S. property/casualty insurance companies' net income rose by 58 per cent in the second quarter compared with the same period in 2012, according to an analysis released by Moody's Investors Service. The positive earnings figures were driven by lower... Read More

John Lewis Staff to gain Bumper Pay Top Up

Posted on by Kirsten Kennedy under Business News

Following the Christmas trading period, John Lewis staff were delighted to receive a bonus to thank them for all their hard work which saw the department store chain achieving several consecutive weeks of record sales. Now, it seems that the good news for the... Read More

Silicon Valley Commercial Real Estate Boom Being Driven by Tech

Posted on by Jodee Redmond under Worldwide Property News

Santa Clara County and south San Mateo County is undergoing a commercial real estate boom, with developers currently constructing or renovating approximately six million square feet of office space. Construction activity is proceeding at double the activity... Read More

Oxford Street Transformation Brings Sales Boom

Posted on by Neil Bird under Business News

There was a time when Oxford Street’s reputation had fallen to such an extent that many regarded it as a dismal shopping destination. Today, thanks to what has been described as a ‘phoenix-like transformation,’ Europe’s busiest shopping street is... Read More

Abercrombie and Fitch Experiences a 10 per cent Sales Slump

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

During the recession, fashion labels suffered from plummeting sales due to consumers cutting back on luxury spending. This saw firms such as Mulberry and Burberry posting profits warnings and forecasting lower than predicted annual sales due to consumers... Read More