Monthly Archives: May 2014



US Survey names Birmingham as Best Place for UK Investment

Posted on 29 May, 2014 by Cliff Goodwin under Business News

An American survey names Birmingham as the best place in Britain for business investment — with the West Midland’s city only outranked by Barcelona across Western Europe. Compiled by US-based business magazine, Site Selection, the publication’s... Read More

Dublin set to get Mothballed Site Tax to spur Commercial Development

Posted on by Cliff Goodwin under Commercial Developments

The Lord Mayor of Dublin is the highest profile local politician so far to have publicly backed a government proposal to impose a levy on “mothballed” development sites. As part of its new strategy to kick-start the construction sector the Irish... Read More

New Owner will “Preserve Heritage” of Listed Sheffield Office Building

Posted on by Cliff Goodwin under Commercial Sales and Lets, Top Properties

A 19th century building, which earned a place in an influential book about England’s architectural treasures, has been bought by a private investor. The new owner of The Mount, in Sheffield’s Glossop Road, is thought to be local and acquired the... Read More

Retail Property Demand in ‘hyperdrive’ as International Brands flock to London

Posted on by Kirsten Kennedy under Business News

London is one of the most popular tourist destinations in the world with its wealth of attractions drawing record-breaking numbers of visitors to the capital. However, as well as the culture, history and architecture, tourists are also drawn by the plethora... Read More

City Skyscrapers Command Premium Rents but is the Era of the Glass Tower drawing to a Close?

Posted on 28 May, 2014 by Neil Bird under Top Properties

Recent data assembled by Knight Frank reveals that The City’s office skyscrapers are able to command higher rents than their low-rise neighbours. The figures show that the premium paid for space in towers has risen to 8.3 per cent, compared with 4.5 per... Read More

High Demand Expected For Wakefield’s “Only” Unit

Posted on by Cliff Goodwin under Commercial Developments

Despite a return of confidence to the West Yorkshire commercial property market, a single industrial unit will be the area’s only new facility available for immediate occupation when it is completed this summer. Two new buildings are currently under... Read More

Cost of Lexi Fraud Administration nears £30m

Posted on by Cliff Goodwin under Business News

Eight year’s after the collapse of Manchester property lender Lexi Holdings the company’s administrators have so far managed to claw back more than £42m — with two-thirds of that being paid out to lawyers and accountants. In its latest... Read More

Waitrose Sales Rise as Weather Improves

Posted on by Kirsten Kennedy under Business News, Economy

With a spate of Bank Holidays in April and May bringing a somewhat unexpected spell of sunny weather with them, British consumers took advantage by stocking up on summer goodies in order to enjoy barbecues and beach trips with friends and family. This saw... Read More

Property Firms line up Against HS2

Posted on by Cliff Goodwin under Industry News

Some of Britain’s biggest property companies have joined at least 400 other objectors — including investors, landlords and tenants — to air their concerns over the £50bn London to Birmingham HS2 project. The latest wave of corporate objectors... Read More

Survey shows Business Optimism at Highest Level since 1998

Posted on 27 May, 2014 by Kirsten Kennedy under Business News, Economy

The improved economic climate in the UK has allowed businesses to expand at a rate not seen since before the recession struck in 2008, with firms in most industries channelling a rising amount of investment into commercial property growth. In turn, this has... Read More