Monthly Archives: April 2014



London HSBC Building For Sale

Posted on 28 April, 2014 by Neil Bird under Commercial Sales and Lets

Record price sought for 8 Canada Square Canary Wharf’s HSBC building is on the market for offers over £1.1 billion. If the price is realised it will be a British record for a single asset, reflecting the current strength of the London market. The... Read More

Councils to get powers to limit spread of Betting Shops as William Hill announces Wave of Closures

Posted on by Kirsten Kennedy under Business News

For some time there has been concern in some quarters about the number of bookmakers taking-up high street properties. In response to this the government has announced that local authorities will be given powers to veto the opening of betting shops where they... Read More

Consortium buys Salford Quays Dock Office Building

Posted on by Cliff Goodwin under Commercial Sales and Lets

A consortium of private investors has paid more than a quarter-of-a-million pounds for the Art Deco former Dock Office building at Salford Quays. The iconic Grade II listed building was once part of a debt-ridden property portfolio sold on by Lloyds... Read More

Optimism among UK Retailers hits Three Year High

Posted on 27 April, 2014 by Kirsten Kennedy under Business News

Retailers struggled greatly during the recession, and unlike businesses in other industries have not seen a huge pick-up in sales since recovery began to take hold. However, a survey by the Confederation of British Industry (CBI) has indicated that the slow... Read More

Five Points to consider before investing in Commercial Property

Posted on by Jodee Redmond under Commercial Sales and Lets

Commercial real estate is increasingly regaining its popularity among investors. These investors have been able to create wealth by finding quality properties where they can generate a high level of returns. For those who are new to commercial real... Read More

US Industrial Real Estate Market Riding High

Posted on 26 April, 2014 by Jodee Redmond under Worldwide Property News

The US industrial real estate market continued its progress in the first three months of 2014. Rising rental rates, declining vacancies and robust absorption were all noted, according to Cushman & Wakefield's (C&W) newly-released research findings.... Read More

Renovation Plans submitted for Farnborough Shopping Centre

Posted on by Kirsten Kennedy under Commercial Developments

Town and city centres around the country have begun to embrace the opportunities afforded by a rise in both consumer confidence and household disposable income brought about by improvements in the economy, with many undergoing extensive commercial property... Read More

Prologis to complete Heathrow Park with two units

Posted on 25 April, 2014 by Cliff Goodwin under Commercial Developments

Prologis is to complete its existing Heathrow industrial park with the speculative build of two logistics facilities totalling almost 140,000sq ft. Prologis Park Heathrow, close to Junction 4 of the M4 motorway, is just over a mile from the main... Read More

Don’t lose out to new “Pooling Allowances” warns Commercial Property Agent

Posted on by Cliff Goodwin under Industry News

Commercial property buyers could be losing thousands of pounds in capital allowances and need to take a more pro-active approach when acquiring plant and machinery with buildings. The warning comes after this month’s Inland Revenue reform of the pooling... Read More

Birch House take-up reflects upturn in Edinburgh market

Posted on by Kirsten Kennedy under Top Properties

Edinburgh based property firm Cosmopolitan Investments has confirmed that it has let the remaining space in its Birch House development in Scotland’s capital city. The last 3,500 sq ft of space has been taken up by children’s charity Barnardo’s, with... Read More