Monthly Archives: April 2014



Investment in Swedish Market rises sharply in First Quarter

Posted on 23 April, 2014 by Jodee Redmond under Worldwide Property News

There was a sharp rise in investment in Swedish commercial property during Q1 of 2014, according to Savills, with the latest figures showing a 55 per cent increase on the same period last year. The international real estate advisor has also recorded a... Read More

Office Upgrades to Improve Leeds ‘Ugly Duckling’ Image

Posted on by Cliff Goodwin under Commercial Developments

Two of Leeds’ biggest office buildings are getting multi-million pound makeovers in a bid to transform the city’s “ugly duckling business district into a 21st century player”. The projects will also ease Yorkshire’s dire shortage of high-quality... Read More

Drop in Easter Weekend Footfall reveals Fragility of Recovery

Posted on 22 April, 2014 by Kirsten Kennedy under Business News

After disappointing figures from the retail industry in March, many were hoping that the late timing of Easter would allow the high street to rebound in April. However, new data from retail data company Springboard indicates that, despite the sunny weather... Read More

Development Securities purchases Armagh Shopping Centre

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Development Securities has acquired The Mall Shopping Centre in Armagh, Northern Ireland for £7.4 million. The Mall was first built in 1998, and since then has grown in prestige with the result that it now generates a net operating income of £748,000 per... Read More

Nuneaton Council-Owned Property Business set to invest £1m

Posted on by Cliff Goodwin under Commercial Sales and Lets

Nuneaton and Bedworth Council has become one of the first local authorities in the country to launch a pioneering property business. Profits raised from the venture will go toward funding council services. Nuneaton Town Hall: The council believes the new... Read More

Ireland’s Tallest Tower sold to International Buyer

Posted on by Cliff Goodwin under Commercial Sales and Lets

Belfast’s Obel tower — the tallest building in Ireland — has been sold for more than £20m. Part of a mixed-use development, it is thought that as many as 15 individuals and institutions had posted bids for the Donegall Quay site. The exact sale... Read More

Yorkshire Commercial Property Shortage likely to hold back Recovery

Posted on 21 April, 2014 by Cliff Goodwin under Commercial Sales and Lets

As we reported yesterday, commercial property market activity in Yorkshire is growing as investors seek opportunities in the regions. Transactions so far this year in Yorkshire and Humberside are already showing signs of outstripping the entire 2013 total,... Read More

Canada’s “Quartet” Cities Attracting Investment Attention

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

More and more global investors are turning their attention to just four Canadian cities, prompting fears of a new commercial property bubble, claims a five-year forecast. The brokerage firm Jones Lang LaSalle (JLL) says that rising demand from global... Read More

Adidas launches First UK Concept Store in Bluewater

Posted on by Kirsten Kennedy under Top Properties

As consumers continue to remain wary of excessive spending after four long years of recession, retailers are having to pull out all the stops in order to attract a higher level of footfall as a means of lifting sales. This has seen many unique concepts... Read More

Markets bring a Buzz to Bristol Business District

Posted on 20 April, 2014 by Cliff Goodwin under Business News

In 2012 property consultants GVA came up with a scheme to keep the 5,000 people who work in the Bristol offices it manages happy by introducing street food markets to the city’s business and financial quarter. But what started as a once-a-month trial has... Read More