Monthly Archives: June 2014



Crown Estate bids for Leicester Retail Park

Posted on 23 June, 2014 by Cliff Goodwin under Commercial Sales and Lets

With more than £1bn of prestige retail property across Britain currently up for sale it’s emerged that The Crown Estate is a leading bidder for one of the country’s biggest out-of-town shopping parks. Bids for Leicester’s Fosse Shopping Park —... Read More

Canary Wharf Group confirms Sale of 10 Upper Bank Street

Posted on by Neil Bird under Commercial Sales and Lets

Following last week’s reports that the London headquarters of law firm Clifford Chance was attracting interest from Chinese investors, Canary Wharf Group (CWG) has confirmed the sale of the 32-storey skyscraper. In a statement the group says that the... Read More

Prologis signs build-to-suit deals in Mexico and China

Posted on by Cliff Goodwin under Worldwide Property News

The global real estate investment trust Prologis has signed two deals to deliver almost a million sq ft of build-to-suit logistics space in China and Mexico. The biggest contract is for a 500,000sq ft distribution centre in Mexico’s third largest... Read More

Retail and Leisure Development proposed for Northallerton

Posted on by Kirsten Kennedy under Commercial Developments

As the economy continues to recover, developers are increasingly seeking commercial property opportunities in regional areas, both in the form of new and redevelopment projects. This is giving towns such as Northallerton in North Yorkshire access to... Read More

UK’s “Worst Shopping District” to be Redeveloped

Posted on 22 June, 2014 by Kirsten Kennedy under Commercial Developments

A London shopping precinct, named as “Britain’s worst shopping district” by the BBC, is being redeveloped in order to encourage local consumers to spend within the area. Although Leegate Shopping Centre in Lee, enjoyed popularity when it first... Read More

Minneapolis U.S. Bank Plaza Earns LEED Gold Certification

Posted on by Jodee Redmond under Worldwide Property News

The U.S. Bank Plaza in Minneapolis has received LEED Gold certification. Real Estate firm Hines made the announcement about the designation received from the U.S. Green Building Council under the Existing Buildings Rating System. The Class A office... Read More

Ambitious Plans for Birkenhead Town Centre Revealed

Posted on by Kirsten Kennedy under Commercial Developments

Wirral Council and Neptune Developments have revealed outline plans for the regeneration of Birkenhead town centre. The first stage of the project, subject to a public consultation, will see the current Europa Pools leisure development demolished and... Read More

Ronan a step closer to rejoining Irish Property Market

Posted on 21 June, 2014 by Cliff Goodwin under Worldwide Property News

An Irish property developer is lining up his re-entry into the office construction market after nearly €400m (£320m) of his personal debts were transferred to the National Asset Management Agency (NAMA) during the financial crisis. Johnny Ronan has... Read More

UBS Moving into Chinese Commercial Real Estate Market

Posted on by Jodee Redmond under Worldwide Property News

UBS AG, the biggest bank in Switzerland, has plans for expanding its Chinese property investment business into the commercial property market. Investor demand is increasing in the office, retail, and industrial sectors, and the supply of assets is... Read More

Birmingham Airport enjoys Record Month as Passenger Numbers Soar

Posted on by Kirsten Kennedy under Business News

As airports in London continue to struggle with an ever-increasing influx of flights and passengers, the UK is beginning to rely more heavily on regional airports to boost the country’s capacity. This has seen Birmingham Airport see record numbers of... Read More