Monthly Archives: April 2014

Value of Commercial Property Deals in Melbourne doubles in Past Year

Posted on 30 April, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

The value of commercial property deals in Melbourne has increased by 55 per cent in Q1 of 2014 and doubled in the past 12 months. Research conducted by Knight Frank indicates that property with a value of over $1.8 billion changed hands during this... Read More

Urban Splash signs £135m Refinancing Deal

Posted on by Cliff Goodwin under Business News

Liverpool and Manchester-based developer Urban Splash has confirmed a four-way £135m debt refinancing deal with the Royal Bank of Scotland, the Co-operative Bank, HSBC and Blackstone. The financial package is a joint venture agreement with London... Read More

New Scottish Bankruptcy Peak a “Sign of Recovery”

Posted on by Cliff Goodwin under Business News, Economy

Scottish businesses which survived the recession are now going to the wall in greater numbers than anywhere else in Britain. In the first three months of this year the number of corporate insolvencies north of the border was up more than 70 per cent on the... Read More

Southampton Warehouse to be transformed into Shipping Container Shopping Centre

Posted on by Kirsten Kennedy under Business News

A novel retail outlet is coming to the Millbrook area of Southampton. Known as the Boutique Box Warehouse, the site will be comprised of more 100 shipping containers arranged within a 20,000 sq ft warehouse to create an indoor market-style retail space. The... Read More

Strong Sales in Subsidiary Chains boost Whitbread Profits

Posted on 29 April, 2014 by Kirsten Kennedy under Business News

Consumer confidence is expected to rise sharply this summer, with the steady improvement in both price inflation of goods and wage growth putting more money in household budget pots. Yet these factors have already begun to play an instrumental role in the... Read More

Co-op enters Supermarket Price War

Posted on by Kirsten Kennedy under Business News

The traditional UK supermarket sector has been facing stiff competition recently, with an influx of discount brands such as Aldi and Lidl taking market share and sales from the “Big Four”. This has meant that, in order to effectively compete, all brands... Read More

Birmingham takes Pole Position for new Chinese Car Base

Posted on by Cliff Goodwin under Business News

Chinese car manufacturer Changan has confirmed it is searching for a new site for its UK research and development operation. In 2010 Changan established a base in Nottingham Science Park but now wants to move closer to the West Midland’s cluster of... Read More

Stalled Merseyside Schemes to get £8m Council Cash Injection

Posted on by Cliff Goodwin under Commercial Developments

Liverpool City Council is committing £8.2m — almost half its regional Growing Places Fund — to kick-start nine stalled private development projects across Merseyside. The nine projects are situated in the centre of Liverpool, and at Halton,... Read More

KFC to Invest £21 Million in Five Year Expansion Plan

Posted on by Kirsten Kennedy under Business News

Now that real wage growth has finally taken steps to combat low household disposable income, retail chains are increasingly deciding to invest in growth so as not to miss the predicted boom in consumer spending. This has been especially true of high street... Read More

Manchester Developer sees London Office as Capital Investment

Posted on 28 April, 2014 by Cliff Goodwin under Industry News

A Manchester-based developer has opened a London office in a bid to generate interest and attract more investors to the region. Real Estate Developments (RED) will also use its new branch to target deals in the capital. “A lot of the bigger funding... Read More