Monthly Archives: January 2015

Property Bubble blamed for closure of Landmark Dublin Café

Posted on 7 January, 2015 by Cliff Goodwin under Top Properties

Restaurant and drinks chain Bewley's is blaming fallout from Ireland's "property bubble" for the closure of its flagship Dublin café, once frequented by Ireland’s literary elite including James Joyce, Samuel Beckett and Seán O’Casey. Announcing... Read More

Third Year of Double Digit Returns forecast for UK Commercial Property

Posted on by Neil Bird under Industry News

A third consecutive year of double digit returns from UK commercial property assets is expected in 2015, according to investment strategists at Morningstar OBSR. Last year the IPD UK All Properties Index recorded returns of 17.5 per cent, following a... Read More

Kennedy Wilson swoops on £503m of UK Property Assets

Posted on by Cliff Goodwin under Commercial Sales and Lets

An American investment company had paid out £503m to scoop up a portfolio of distressed British commercial properties from multiple receivers. The London Stock Exchange-listed Kennedy Wilson Europe Real Estate purchased the sites from receivers... Read More

Birmingham Office Lettings hit Six Year High

Posted on by Kirsten Kennedy under Industry News

As Birmingham continues to flourish as a prime destination for both new and established businesses, office market transactions have climbed to a level not seen since the onset of the economic crisis in 2008, with property experts in the West Midlands... Read More

Bank Fashion Is First Casualty Of The New Year

Posted on 6 January, 2015 by Cliff Goodwin under Business News

Less than a week into the new year Bank Fashion — sold in November by JD Sports — has become the first retail casualty of 2015. weeks after it was sold by the North West sports chain to a turnaround specialist subsidiary of Hilco, the retailer has now... Read More

Birmingham named most Entrepreneurial City outside of London

Posted on by Kirsten Kennedy under Business News

Although 2015 is set to be a good year for most major cities in the UK according to economists, it is Birmingham that is truly expected to shine thanks to the high number of retail, leisure and hospitality developments in the pipeline. However, it is not only... Read More

New Business Park to be Built Near East Midlands Airport

Posted on by Chris Grigorovsky under Commercial Developments

Litton property group, a Derbyshire based developer, has proposed plans to create a brand new business park, situated near East Midlands airport. The 3.9 acre site near the M1 is located in North West Leicestershire, and has planning permission for a new... Read More

Small Firms enjoy biggest Boost to Income in 14 Years during 2014

Posted on by Kirsten Kennedy under Business News

Entrepreneurship became one of the buzz words of 2014 in the second half of the year, with more people than ever before launching their own firms due to a combination of an improving economic climate and an increase in the number of incubators launched to... Read More

“Critical” Office Shortage Fuelling Dublin Rent Rises

Posted on by Cliff Goodwin under Business News

Renting space in one of Dublin's prestige office quarters is likely to rise by at least 15 per cent by the end of the year, according to a leading property agency. Driven upward by the Irish economic recovery and the shortage of suitable space, global... Read More

Competition causing large supermarkets to struggle with space

Posted on 5 January, 2015 by Chris Grigorovsky under Business News

The big supermarket chains, such as Tesco and Morrisons, are facing a slight challenge in 2015, as larger store openings are seeing a decline. With customers having other alternatives like online shopping, as well as the smaller discount stores of Aldi and... Read More