Monthly Archives: August 2013



UK Commercial Property Values Rise for Third Month

Posted on 22 August, 2013 by Jodee Redmond under Industry News

Commercial property values in the U.K. increased for the third straight month in July with office buildings leading the way, according to Investment Property Databank (IPD). The average value of shops, warehouses and offices increased by 0.2 per cent... Read More

500 Jobs Lost due to Curtains Firm Closure

Posted on by Kirsten Kennedy under Business News

At the height of the recession, a spate of administrations affected both large and small businesses alike, with the high street suffering from the losses of HMV and GAME particularly. Although the economic forecast has picked up somewhat, it is clear that... Read More

Manufacturing Confidence Boosts Commercial Property Demand

Posted on by Neil Bird under Economy

UK manufacturing SMEs are at their most confident for 18 months and are ready to invest in preparation for an expected upturn in demand. Over half of small manufacturers questioned in a recent survey expect to be spending over the coming six months as belief... Read More

Ethical Shopping growing in Popularity says Survey

Posted on by Kirsten Kennedy under Business News

British households are still experiencing a squeeze on their incomes despite the upturn in the economy. Low wage increases, the rising cost of food and the still-high rate of inflation mean that sticking to a budget remains a key factor in the weekly shop,... Read More

Blackstone Sells Broadgate Stake

Posted on 21 August, 2013 by Neil Bird under Commercial Sales and Lets

Blackstone has sold its 50 per cent stake in Broadgate, the office and retail complex, at the heart of the City. The £1.7 billion sale comes four years after the US private equity firm paid £1.07 billion to buy its share from British Land. The identity of... Read More

Birmingham Dental Hospital Development Underway

Posted on by Neil Bird under Commercial Developments

The latest addition to Edgbaston Medical Quarter has moved a step closer after it was announced that construction of Birmingham Dental Hospital will begin next month. The £34 million development will house a range of public services alongside research... Read More

Retail Vacancy Rates show Slight Contraction

Posted on by Kirsten Kennedy under Economy

Vacancy rates have played a huge role in the decline of the high street, with both independent and chain retailers abandoning their premises under the tough economic conditions. Faced with competition from out of town retail parks, where free parking and... Read More

Online Bubble Affecting Banks along with Shops

Posted on by MOVEHUT under Business News

There was a time when you would need to visit the bank to make any changes on your account. Aspects like setting up a direct debit, making a payment to someone or checking your balance were all done solely in branches. But as the online market grew, the banks... Read More

New Zealand Commercial Property Market Reaches Highest Level in Five Years

Posted on 20 August, 2013 by Jodee Redmond under Worldwide Property News

The commercial property market in New Zealand is showing positive signs, as sentiment is running high and the market has pulled away from Australia, according to the latest regional report released by the Royal Institution of Chartered Surveyors... Read More

Record Number of Students take University Places

Posted on by Kirsten Kennedy under Economy

After universities raised fees in 2012, there were concerns that young people would reject entering higher education due to the levels of debt which could be accumulated. However, according to admissions body Ucas, this has failed to deter students from... Read More