Monthly Archives: November 2014



Early Full House For Modwen’s Rugby Retail Park

Posted on 24 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Uncategorised

A multi-million pound Warwickshire retail complex — still ten months away from completion — is now 100 per cent let. Being built by St Modwen as the fourth stage of its rolling 70-acre regeneration scheme on Rugby's Leicester Road, its latest... Read More

Safra Group Buys The Gerkin in London for $1 Billion

Posted on by Jodee Redmond under Business News

Brazillion billionaire Joseph Safra’s companies, The Safra Group, have shelled out over $1 billion to acquire 30 St. Mary Axe in London, known as “The Gherkin” due to its distinctive shape. Bloomberg has published a report stating that the company,... Read More

High 5 Games to Move into One World Trade Center

Posted on by Jodee Redmond under Business News

High 5 Games is the latest corporate tenant to sign a lease at One World Trade Center. The company has agreed to lease 87,663 square feet of space in the downtown Manhattan office tower. PTT, LLC, which does business as High 5 Games, is a content... Read More

Overseas Investor Snaps Up Shipley’s Waterfront

Posted on by Cliff Goodwin under Business News

An anonymous foreign buyer has paid almost £6m for an iconic office development on the banks of the Leeds to Liverpool canal. GMI Developments acquired The Waterfront five years ago following its construction by sister company, GMI Construction. The... Read More

QHotels Takes on Management of De Vere Hotel Portfolio

hotel lobby reception area
Posted on 23 November, 2014 by Cliff Goodwin under Business News, Commercial Developments

A rapidly expanding leisure group has added six former De Vere hotels to its existing national management portfolio of 21 four-star sites. QHotels — which runs the Art Deco Grade II listed The Queens in Leeds and Manchester's iconic The Midland —... Read More

UK Retail Sales bounce back in October

Posted on by Kirsten Kennedy under Economy

As Christmas approaches, retailers are hoping that the subdued consumer spending of late will pick up, allowing them to increase profits and guard the bottom line. Fortunately, it appears that the Christmas trading season has gotten off to a good start, with... Read More

West Yorkshire Sees Shopping Centre Development Surge

shoppers in a big shopping center with elevators
Posted on 22 November, 2014 by Kirsten Kennedy under Business News, Economy

Although a number of shopping centre developments have been approved or pitched lately, in the UK overall shopping centre development has remained at a level first seen at the beginning of the financial crisis. However, West Yorkshire has somewhat bucked this... Read More

Hotel Occupancy in Birmingham Reaches New High

Posted on 21 November, 2014 by Kirsten Kennedy under Business News, Economy

As Birmingham becomes increasingly relevant in Britain’s business economy, more and more business leaders are descending on the city to seek investment opportunities and expansion options. This, combined with a boom in tourism figures, has seen hotel... Read More

CBRE Secures $100 Million Construction Loan for Netflix HQ in California

Posted on by Jodee Redmond under Business News, Commercial Developments

CBRE’s Debt & Structured Finance team has secured a $100 million construction loan for The Grove, located in Los Gatos, California. The project’s initial phase is now under construction and is scheduled to be completed in May of next year. It consists of... Read More

Highwoods Properties Will Develop $232M Nashville Headquarters for Bridgestone Americas

Posted on by Jodee Redmond under Business News, Commercial Developments

Bridgestone Americas Inc. is moving its corporate headquarters to a new 514,000 square-foot build-to-suit high-rise in downtown Nashville. The decision to make the move to the $232-million building was reached because Bridgestone had outgrown its current... Read More