Monthly Archives: October 2014

West Midlands Property Investment Volumes approach Record Levels

Posted on 27 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets, Industry News

Following last week’s news that commercial construction in the West Midlands has hit a 20 year high, property professionals are now predicting that the region is on course for a record year of commercial investment. According to a new report by... Read More

Profit Warnings hit Highest Level since 2008

Posted on by Kirsten Kennedy under Business News, Economy

During the initial period of the recovery which followed the recession, it was easy to imagine that the problems facing businesses were all but eliminated. Unfortunately, the latest data from consultancy firm EY demonstrates that this is entirely false as... Read More

Network Rail Site Development aims to address York Office Space Shortage

Posted on by Cliff Goodwin under Commercial Developments

City of York Council is pumping at least £10m into a joint venture development project with Network Rail for what it describes as the county’s “premier brownfield development site”. The cash — coming from the authority’s Economic... Read More

Oil Industry Recovery squeezing Aberdeen Industrial and Office Supply

Posted on by Cliff Goodwin under Industry News

The oil and gas stranglehold on Aberdeen industrial and office space is forcing companies to look further afield, one industry expert has claimed. Surging prices, fuelled by the work space shortage, are also increasing an outward expansion from the... Read More

North West Developer seeks Salford Scheme Approval

Posted on by Neil Bird under Commercial Developments

Altringham based Amstone Developments has submitted a planning application for a major mixed use scheme in Salford. The investment and development group, which has in excess of £100 million of assets throughout the UK and Germany, is seeking approval... Read More

Irish Commercial Property Market bounce-back gobbles up NAMA Assets

Posted on by Cliff Goodwin under Commercial Sales and Lets

With demand in Ireland’s commercial property market continuing to gather pace, the National Asset Management Agency (NAMA) has admitted it will run out of saleable assets in less than four years. The revelation — included in the state bad bank’s... Read More

Hillwood enters Canadian and European Real Estate Markets

Posted on 26 October, 2014 by Jodee Redmond under Worldwide Property News

Hillwood, the Dallas-based property company, is entering the Canadian real estate market. Hillwood has entered a partnership with Alberta land developer Highfield Investment Group (HiG) to build what will be the largest speculative industrial development in... Read More

Deputy PM launches Agency to promote Northern Tech Talent

Posted on by Cliff Goodwin under Business News

The Deputy Prime Minister has invited the 20,000 technology businesses in Manchester, Leeds, Sheffield, Liverpool and Newcastle to create a virtual hub — and challenge the international dominance of high-tech cities. Launching TechNorth – aimed at... Read More

CBRE Global Investors Fund acquires Miami Airport Office Park

Posted on 25 October, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

An affiliate of CBRE Global Investors, Strategic Partners U.S., has bought Airport Corporate Center from Hines REIT. The 45-acre, 11 building office park changed hands for a reported sum of $132.3 million. Vance Maddocks, Strategic Partners U.S.... Read More

CEE Commercial Property Investment Soars

Posted on by Jodee Redmond under Worldwide Property News

Commercial property investment in Central and Eastern Europe (excluding Russia) has increased by 11 per cent year-on-year, according to a recently-released report from CBRE. The Polish market is performing well, with €1,781 million invested in the... Read More