Although clothing retailer Next has managed to forge ahead of key rival Marks & Spencer for the first time in history, its most recent sales report has failed to live up to expectations. The unseasonably warm weather during September has seen... Read More
British Land has revealed details of an agreement with Plymouth City Council to complete a £40m leisure development adjacent to its Drake Circus Shopping Centre. The 100,000 sq ft scheme, on the site of the current coach station, will include a 12... Read More
As confidence in the Irish property market continues to grow the German insurance giant Allianz has confirmed it is investing €140m (£109m) in Irish investment vehicle IPUT. In the Munich-based firm’s first venture into the Irish commercial... Read More
Norwegian commercial real estate investors have joined the ranks of foreign U.S. commercial real estate buyers in the wake of its sovereign fund making acquisitions from New York to San Francisco. According to research firm Real Capital Analytics Inc. and... Read More
More than 3,000 property professionals hoping to corner or close deals will gather in London next month for the first MIPIM event to be held in the UK. The three-day inaugural exhibition — modelled on the international MIPIM conference held annually... Read More
In the aftermath of the recession, high street banks were widely criticised for failing to provide adequate levels of financing to SMEs, causing many to look elsewhere for business loans. However, under a new initiative launched by RBS and NatWest, start-ups... Read More
When Hugh Osmond, along with entrepreneur Luke Johnson, purchased the Pizza Express chain in 1993 for £18 million, he ushered in an era which would see the Italian restaurant brand float on the stock market and expand its commercial property portfolio to 367... Read More
A County Durham developer is setting its sights on expansion after seeing its profits rise from £600,000 to more than three-million pounds. The Esh Group — which employs 1,100 staff across its offices in Durham City, Carlisle, Kendal and Earlston in... Read More
The supermarket price war has been underway for some time as the Big Four attempt to protect their share of the market. However, in an interesting turn of events, it seems that the discounters are now stepping up the challenge with Aldi revealing it will... Read More
Morningstar Inc. is preparing to move its New York City office to 4 World Trade Center. The company has signed a 10-year, 30,000 sq ft lease and will move to its new office space on the 48th floor in mid-2015, according to Silverstein... Read More