Monthly Archives: January 2014

Speculative Development gathers pace in the West Country

Posted on 31 January, 2014 by Cliff Goodwin under Commercial Developments

The West Country is facing its biggest surge in speculative development projects for more than five years, according to some of the region’s leading agents. With office space in Bristol at its lowest since the downturn of 2008 and industrial availability... Read More

Commercial Property Market Growth Built on Widening Demand

Posted on by Jodee Redmond under Commercial Sales and Lets, Economy, Industry News

Over the past nine months, the commercial property market has seen a marked rise in demand. UK property is very attractive to investors right now, with annualised returns of about 8.7 per cent forecast over the next three years. As the economy improves... Read More

Serco bids to Manage MoD Estate

Posted on by Cliff Goodwin under Commercial Sales and Lets

Privatisation will pave the way for land and property sale An outsourcing company recently given clearance to bid for government contracts following a six month suspension, is the front runner for a £400m contract to manage the country’s entire military... Read More

Profits Surge for Manchester Property Firm

Posted on by Cliff Goodwin under Industry News

One of the North-West’s biggest commercial property groups has reported a 42 per cent surge in its pre-tax profits. The family-owned Bruntwood group credited last year’s record £16.8m profit to the  ongoing “recovery in the Liverpool property... Read More

John Lewis voted most Human Retailer

Posted on by Kirsten Kennedy under Business News

As the retail industry picks up the pace of recovery and benefits from a boom in consumer spending, it has become apparent that simply offering low prices is no longer enough to guarantee bumper profits. Instead, consumers are placing greater stock on levels... Read More

Barclays to close a Quarter of its UK Branches

Posted on 30 January, 2014 by Kirsten Kennedy under Business News

A large number of the UK’s high street banks have in the past year decided to cut branch numbers, believing that this will allow them to run more efficiently and avoid another financial crisis of the type which triggered the recession. However, many... Read More

Cameron hints at Business Rate Shake-Up

Posted on by Cliff Goodwin under Business News, Industry News

The Prime Minster yesterday hinted at radical changes to the business rate system. The Government has already announced a £1,000 discount, which will benefit 300,000 retail properties, along with a wide range of investments designed to boost high streets and... Read More

Supermarkets to Reveal Food Wastage Figures as CPS drops Charges against the ‘Iceland Three’

Posted on by Kirsten Kennedy under Business News

This week, three men were charged after being caught ‘stealing’ food from bins outside an Iceland store in Kentish Town. Following a public outcry the Crown Prosecution Service (CPS) subsequently dropped the charges despite an earlier claim that there was... Read More

Westfield London introduces Click and Collect Hub

Posted on by Kirsten Kennedy under Business News

Click and collect has become one of the most popular initiatives within the retail industry, giving consumers the opportunity to order items during their lunch break and pick them up at a store of their choosing at a specified time. Yet while retail chains... Read More

Offers Invited for Singapore Arcade Building

Posted on by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Colliers International is inviting offers of £424m for one of its prestige Singapore seafront re-developments sites. The Collyer Quay site is currently occupied by The Arcade, a 20-storey retail and office complex. Completed in 1981, the building has three... Read More