Monthly Archives: January 2015

Group claims “Millions” available for Sheffield Retail Quarter

Posted on 9 January, 2015 by Cliff Goodwin under Commercial Developments

A business consortium has unveiled multi-million pound plans to transform a five-acre site in the centre of Sheffield into a retail quarter. Chaired by a former chief executive of Vickers Defence Systems, John Crowther, the Sheffield Retail Development... Read More

Boeing Office Plan ready for Take Off

Posted on by Cliff Goodwin under Top Properties

The boss of a Midland's design agency has been left with an unusual dilemma — where to park his new office. Neil Morten, head of Rugeley-based GMP Design, bought a condemned Boeing 737 jet to create an innovative new office for his growing business. Now... Read More

Winchester Shopping Centre placed on Market after collapse of Property Company

Posted on 8 January, 2015 by Kirsten Kennedy under Commercial Sales and Lets

While the number of firms entering administration has lessened significantly since the peak years during the recession, they are still very much a reality in modern day Britain. This has recently been seen in the administration of the De Stefano Property... Read More

Tesco announces 43 Store Closures

Posted on by Kirsten Kennedy under Business News

With the Christmas trading period over, retailers will be turning their minds to the coming year and the ways in which they can best profit from the economic upturn. For Tesco, however, the question is not how to boost profits further but how to prevent a... Read More

Triple Asset Sale nets British Land £220m

Posted on by Cliff Goodwin under Commercial Sales and Lets

British Land has continued is winter clear out with the sale of a triple-asset portfolio to Legal & General Property for almost £220m. The latest disposal includes the Kingswood Retail Park near Hull for £58m, the House of Fraser building in... Read More

Is skipping Lunch damaging Productivity?

Posted on by Kirsten Kennedy under Business News

Will you be taking your allocated lunch break today or are you, like the majority of employees, cutting short time away from your desk – something which could be having an adverse impact upon workplace productivity? According to a Bupa study, two... Read More

Investment in Retail Centres and London Shops hits Ten-Year High

Posted on by Cliff Goodwin under Commercial Sales and Lets

Investment in UK retail centres and central London shops hit a 10-year high last year, according to research by property agent Savills. Bouncing back to well above pre-recession levels, around £6.8bn worth of shopping centre transactions were... Read More

Queensberry Real Estate confirms Newport River Island Deal

Posted on by Neil Bird under Top Properties

Queensberry Real Estate has begun the New Year by confirming that leading international fashion retailer River Island will be taking a unit at its 390,000 sq ft Friars Walk development in Newport, South Wales. River Island has agreed terms on a 10,000 sq ft,... Read More

Road to Wigan Pier regeneration cleared as Developer is confirmed

Posted on 7 January, 2015 by Kirsten Kennedy under Commercial Developments

Its name is known to many thanks to George Orwell’s 1937 book about working class life in the north of England, The Road to Wigan Pier. But today the area is a step closer to a major regeneration scheme after a developer was chosen to transform the canal... Read More

Sainsbury’s suffers first Christmas Sales Drop in a Decade

Posted on by Kirsten Kennedy under Business News

After facing  controversy over its Christmas TV advert , it has emerged that the situation at Sainsbury’s has gone from bad to worse over the festive trading period. The supermarket brand has suffered its first fall in Christmas sales in more than a... Read More