Monthly Archives: January 2014



Prologis Signs Japanese Distribution Centre Deal

Posted on 23 January, 2014 by Cliff Goodwin under Worldwide Property News

Already one of Japan’s biggest distribution site owners and providers, Prologis is developing a new 440,000sq ft complex for retailer Töhoku CO-OP. To be constructed on a build-to-suit basis, the new facility will be located at Prologis Park Tomiya... Read More

Call for Stormont to Help Solve Belfast Office Crisis

Posted on by Cliff Goodwin under Commercial Developments

With Belfast’s vacant office space down to just five per cent, demands are gathering pace for the Northern Ireland government to step in with commercial development cash. Currently the city has just 900,000sq ft of empty offices, but less than a... Read More

Renovation Works begin on Halifax Piece Hall

Posted on by Kirsten Kennedy under Top Properties

The Piece Hall, a Georgian building at the heart of Halifax, is to undergo a major renovation. As a result Calderdale Council has now closed the building to public access in order to allow work to create a new visitors’ centre and overall refurbishment to... Read More

Land Securities reports ‘Walkie-Scorchie’ Solution and Two New London Developments

Posted on 22 January, 2014 by Neil Bird under Commercial Developments, Industry News

Land Securities reports that a planning application will be submitted next month to install sunshades at its 20 Fenchurch Street tower to solve the building’s solar glare issue. The announcement came in the developer’s Third Quarter Interim... Read More

Leeds Arndale Centre sold to New Investor

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Leeds Arndale Centre has been snapped up by the Schroder Real Estate Investment Trust in a deal worth £16.23 million. The 125,384 square foot shopping centre was placed on the market back in October of last year and garnered a reasonable amount of attention... Read More

Warehouse Store Plan to Revitalise Walsall Retail Park

Posted on by Kirsten Kennedy under Business News

During the recession, a wave of administrations in the retail industry led to widespread store closures and contributed significantly towards high vacancy rates across the country. However, with business confidence now on the rise and a large number of... Read More

Amsterdam Office Block Sale Sets 2013 Record

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

In what is claimed to be the biggest Netherlands real estate deal of last year, Philips Pension Fund sold an Amsterdam office block for €215m. Situated within the Amsterdam South Axis, the country’s most densely populated business district, the... Read More

ONS claims Small Retailers are Leading Economic Recovery

Posted on by Kirsten Kennedy under Economy

This time last year, many of the surveys and studies coming from the retail industry showed that small retailers were struggling to keep their heads above water. High business rates, increasing utility bills and low consumer confidence all contributed to the... Read More

China plans Property Register Crackdown on Corruption

Posted on by Cliff Goodwin under Worldwide Property News

The Chinese government has confirmed it may well extend its planned property register to include commercial real estate as a way of cracking down on fraud and internal corruption. Tracking property ownership and keeping a record of sales is seen as one... Read More

Allied London promotes Media and Arts Quarter on Coronation Street Site

Posted on 21 January, 2014 by Neil Bird under Commercial Developments

Manchester’s old Granada Studios, where Coronation Street was filmed for over 50 years, is being marketed as a city centre media and arts quarter by developers Allied London. Allied London's Spinningfields development The 13.5 acre site, adjacent to... Read More