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
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
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
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
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
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
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 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
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
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