Monthly Archives: November 2013

Ardstone Investment Spree Continues

Posted on 30 November, 2013 by Cliff Goodwin under Commercial Sales and Lets

Ardstone — the Irish investment firm — has completed a run of multi-million pound investments by spending £40m on a Birmingham office block. Notable for being one of the few Irish investors to have avoided the property crash, in September Ardstone... Read More

Canadian Firms get active in US Commercial Property Market

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Canadian companies have turned to the United States as a source of new properties, and are outpacing every other country in net real estate investment in the US market. The reason for this trend is a lack of availability at home, which means investors... Read More

Council Pioneers Innovative Commercial Property Deal

Posted on by Cliff Goodwin under Business News

A Scottish council has agreed a unique £45m deal with Barclays against income from its commercial properties. North Lanarkshire Council will now transfer 975 of its commercial sites to North Lanarkshire Properties LLP, a new limited liability... Read More

Demands to Outlaw Squatting in Commercial Property Grow

Posted on 29 November, 2013 by Cliff Goodwin under Industry News

Commercial property owners are pressing the Government to bring the law on squatting in line with homes and private premises. Prop-Manage head of management David Robbins It is illegal — under the Legal Aid Sentencing and Punishment of Offenders Act... Read More

DHL confirmed as first Airport City Pre-Let

Posted on by Jodee Redmond under Commercial Developments

DHL has been confirmed as the first pre-let for Manchester’s £800m Airport City scheme. The delivery group has signed up to take a 37,000 sq ft building at the new world logistics hub. Company chief executive Phil Couchman says that DHL's investment... Read More

Full Order Book for glassHUS

Posted on by Cliff Goodwin under Business News, Commercial Developments

The bespoke architectural glass and facade maker glassHUS has reported a near-full order book for the first time in its four-year history, reflecting the upturn in commercial development. A flood of new contracts has allowed the Sunderland-based firm... Read More

New Irish Lease Database provides Market Transparency

Posted on by Cliff Goodwin under Worldwide Property News

A new online database of commercial leases is expected to open up the Irish property market and allow businesses to negotiate fairer rents. Modelled on Ireland’s house price register — and containing details of every company lease signed since 2010... Read More

Russian Government Considers Bill to Restrict Foreign Property Purchases

Posted on by Jodee Redmond under Worldwide Property News

The Russian government is considering legislation to restrict purchases of commercial property, land, and homes by foreign investors. President Vladimir Putin (foreground) The new law, which has been proposed by the Economic Development Ministry, would... Read More

Adderstone Group in Record Subsidiary Disposal

Posted on 28 November, 2013 by Cliff Goodwin under Commercial Sales and Lets

A North-East based company has completed the sell-off of two of its subsidiaries in one of the region’s biggest property transactions. The Adderstone Group has sold UK Ground Rent Estates Ltd and UK Ground Rent Estates (2) Ltd  for £17m in a deal... Read More

Why Changing Your Desk Could Save Your Life

Posted on by Cliff Goodwin under Business News

Hemingway wrote standing at a desk he had designed himself. Leonardo da Vinci, Winston Churchill and Thomas Jefferson are said to have used stand-up desks. Even modern entrepreneurs like HootSuite chief executive, Ryan Holmes, insists the majority of his... Read More