Monthly Archives: June 2014



New York Commercial Property Overvalued say Real Estate Execs

Posted on 20 June, 2014 by Jodee Redmond under Worldwide Property News

If you were to ask New York commercial real estate executives what they think about prices in the Big Apple, more of them are likely to say that property is overvalued in comparison with other major urban centres around the world. Many of them believe that... Read More

China Building Half of World’s Shopping Malls

Posted on by Cliff Goodwin under Worldwide Property News

Communist or former communist states are proving the hungriest when it comes to developing western-style shopping malls — with China leading the pack with almost 19 million sq ft of retail space under construction. According to the international real... Read More

West End Office Occupancy Costs still the highest in the World

Posted on by Neil Bird under Industry News

London’s West End has retained its position as the most expensive location in the world to rent office space. According to the latest research from CBRE, total occupancy costs – which include rents, business rates and service charges - now stand at... Read More

Property Boss hits out at Banks as his Firm Goes Under

Posted on by Cliff Goodwin under Business News

Scottish businessman Iain Mercer has blamed the “banking sector” for the forced administration of his property and development company. He took over the Almondale Group, which has a portfolio of retail, office, industrial and research and... Read More

Approval given for demolition of Christies Fine Art Warehouse as Nine Elms Redevelopment gathers pace

Posted on by Neil Bird under Commercial Developments

Wandsworth councillors have this week given the green-light to plans to demolish Christies Fine Art Warehouse in Nine Elms. The storage facility will be replaced by a mixed use development as part of the ongoing regeneration of the former... Read More

Retail Park plans rejected by Maidstone Councillors

Posted on 19 June, 2014 by Kirsten Kennedy under Commercial Developments

Maidstone councillors have refused to grant planning permission for an out of town shopping centre located in Newnham Court. The plans, submitted by Land Securities, would have seen the area receive an £85 million investment, with the proposed centre... Read More

Local Investor breathes new life into declining Middlesbrough Industrial Park

Posted on by Cliff Goodwin under Commercial Sales and Lets

A North-East property investor has filled all but three units of an ailing Middlesbrough industrial park— just two weeks after acquiring it from a Scottish fund manager. Until now Geoff Hogg’s Teesside-based JR Property Developments has... Read More

The Shard celebrated in RIBA Awards

Posted on by Neil Bird under Top Properties

The Shard is among 56 buildings recognised as ‘exceptional’ by the Royal Institute of British Architects (RIBA) in its annual awards revealed today. The London Bridge Quarter tower now joins the long-list for this year’s Stirling Prize which, it... Read More

Carillion wins Contract for Birmingham Paradise Circus Regeneration

Posted on by Kirsten Kennedy under Commercial Developments

The Paradise Circus regeneration is set to become one of the biggest commercial developments to take place in Birmingham over the next few years, with £500 million worth of investment being channelled into the scheme by a number of different backers.... Read More

North East Commercial Property Event showcases “Great Place to do Business”

Posted on by Cliff Goodwin under Business News, Industry News

More than 80 national and international companies will descend on the North-East  today to highlight the region’s success stories and promote potential development projects. Hosted by UK Land Estates, The North-East Commercial Property and... Read More