Monthly Archives: October 2014



Hotel Scheme puts the squeeze on Bath Office Space

Posted on 7 October, 2014 by Cliff Goodwin under Commercial Developments, Industry News

The demolition of one of Bath’s last remaining 1960s office blocks is putting a “significant” squeeze on the city’s commercial space, according to one agent. Despite being empty for more than six years, the bulldozing of Kingsmead House on... Read More

Buccleuch off-loads three more Industrial Assets

Posted on 6 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

Buccleuch Property — one of Europe’s oldest privately-owned businesses — has sold three of its English industrial estates for almost eight-million pounds. Earlier this year the property firm, part of the Buccleuch Group, sold off Clydesmill... Read More

Liverpool leads the way in High Street revival

Posted on by Cliff Goodwin under Industry News

Liverpool One — Merseyside’s prestige 170-store prestige retail complex  — is playing a major part in filling dozens of empty shop units across the city, claims a new report. According to the National Retail Barometer, published by property... Read More

London voted most Desirable City in the World to Work

Posted on by Kirsten Kennedy under Business News

Although it was revealed last month that London has overtaken Hong Kong as the world’s most expensive city in which to live and work, it seems that the soaring cost of both residential and commercial property has done little to diminish its appeal. In fact,... Read More

Manchester Hotel Occupancy Rates hit Record High

Posted on by Kirsten Kennedy under Business News

It was recently reported that Birmingham has been named the best UK destination for tourists for the second successive year. However, it appears that its northern rival Manchester is also attracting its fair share of visitors, with hotel occupancy reaching a... Read More

Birmingham Great Charles Street sale attracts Global Attention

Posted on by Cliff Goodwin under Commercial Sales and Lets

A number of heavyweight international investors have already shown an interest in buying an entire Birmingham estate of eight office buildings. The sale is one of the biggest portfolios ever to hit the Midlands’ market. The Great Charles Street... Read More

Overseas Investment indicates strength of Belfast Office Market

Posted on 5 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

An un-named pension fund has paid almost £9m for a Belfast office block indicating, claims one leading agent, that the city’s market is “going from strength to strength”. The 11-storey Victoria House on Belfast’s Gloucester Street — which... Read More

Study finds the Recession led to a Boom in Young Entrepreneurs

Posted on by Kirsten Kennedy under Business News, Economy

A study, conducted jointly by small business network Enterprise Nation and research firm Duedil, has found that the number of young people starting up their own businesses grew by more than 70 per cent between 2006 and 2013. In real terms, this means... Read More

Parkway Properties acquires Sunbelt Office Portfolio

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Office REIT Parkway Properties has signed an agreement to purchase a 22-property portfolio of Class A assets located across six states in the Sunbelt region for $475 million. Once the transaction has been completed, Parkway is only planning to retain... Read More

MP slams Redevelopment of Historic Kent Airport

Posted on 4 October, 2014 by Cliff Goodwin under Commercial Developments

An MP has branded the sale of a Kent airport as “opportunist land banking” and threatened to fight any development plans for the 800-acre site. In October last year Stagecoach bus company co-founder, Ann Gloag, acquired the loss-making Manston... Read More