The three biggest banks in The Netherlands have set aside enough money to cover their troubled commercial property loans, claims a new a report ahead of a European banking review due to be published later this year. The Dutch central bank — which... Read More
Ten of Manchester’s biggest businesses have agreed to finance a long-term plan to transform Salford Quays into the “South Bank of the North”. When complete it’s hoped the project will attract millions more visitors and boost the city’s economy by... Read More
A Chinese tycoon has expressed an interest in purchasing British department store House of Fraser. Former government official and multi-millionaire Yuan Yafei approached directors with a £450 million offer for the 165 year old department store with a view... Read More
A council leader has claimed that planners were offered “tainted” money to sell a seafront plot of land for office development. The authority had previously earmarked the site as a temporary stop-over for travellers. Poole-based Forelle Estates had... Read More
As workers put the finishing touches to Europe’s biggest office complex, there are growing fears in France that a new property boom is underway — before the previous bust has ended. The Majunga Tower is a 45-storey block nearing completion at La... Read More
The leisure industry may have rebounded in impressive form since the end of the recession, but certain sectors within it continue to struggle. This primarily concerns pubs and nightclubs, as the price of alcohol remains a deterrent for consumers with low... Read More
The London skyline is easily one of the most recognisable and impressive of any city in the world. However, a number of public figures have now launched a campaign in response to what they see as a threat to the existing skyline, which could potentially see... Read More
Bruntwood — the family-run property company with more than 110 city centre properties across the UK — has confirmed interest is running high for the sale of its landmark Manchester office block. At least one Middle East investor is known to be preparing a... Read More
In 1991 there were just 5,000 people living Sydney’s central business district. At the end of last year more than 22,000 had taken up residence among the office blocks. And that figure looks set to rise by at least another 5,000 in the next five years as... Read More
Overseas investors promise ‘sensitive’ commercial development In a move that is certain to face opposition from heritage groups, it has emerged that Historic Royal Palaces is involved in negotiations over the sale of the Tower of London to a consortium... Read More
