Monthly Archives: January 2015

UK Firms express Optimism about Growth in 2015

Posted on 5 January, 2015 by Kirsten Kennedy under Business News

With 2014 quickly fading from the memories of businesses across the UK, most executives will be looking to the year ahead and setting targets for commercial growth and revenue increases in 2015. Fortunately, the foundations laid last year appear to have had a... Read More

Developers “Confident” Over City’s Regeneration Plans

Posted on by Cliff Goodwin under Business News, Commercial Developments

A West Midlands council says it has received an "enthusiastic" response from developers after it appealed for city centre regeneration proposals. Wolverhampton Council invited regional and national companies to put forward outline plans for the revival of... Read More

UK Commercial Property Looking Strong in 2015

Posted on by Chris Grigorovsky under Business News

We have now seen the end of 2014. Now it is time to begin looking forward and anticipate what the new year has to offer. The website, Shroders Talking Point, have given their predictions for the commercial property markets in 2015. Here is a brief summary of... Read More

North West To Lead The Restaurant Revolution

Posted on by Cliff Goodwin under Business News

The dining scene in the North West of England looks set spearhead a change in restaurant trends across the UK, according to a new survey by accountancy and business advisers BDO. While Manchester will continue to enhance its "food revolution", BDO’s... Read More

Planners Allow Food Stores On “Bulky Goods” Retail Park

Posted on by Cliff Goodwin under Business News, Commercial Developments

Cheshire-based Morbaine has been given approval to include food outlets within its latest Scottish retail park. It had already secured outline consent for 55,000sq ft of non-food outlets at its Fort William development. Planning officials had recommended... Read More

Daresbury Science Park Occupiers report Innovation and Sales surge

Posted on 4 January, 2015 by Cliff Goodwin under Business News

One of the Government’s flagship enterprise zones has developed almost 100 new products or services in a single year, claims a new report into the Cheshire site's efficiency. The activity study into firms based at the Sci-Tech Daresbury Enterprise... Read More

LEED Certification: Changing the way US Buildings are Designed, Constructed and Maintained

Posted on 3 January, 2015 by Jodee Redmond under Worldwide Property News

LEED (Leadership in Energy & Environmental Design) is an environmentally friendly (green) certification programme that was developed by the US Green Building Council to recognise the best strategies and practices in different building classes. In... Read More

Latitude 135 sold as Scottish Logistics Firm agrees Lease

Posted on 2 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

Family-owned Wilton Developments has sold its Latitude 135 distribution hub in a £9.3m deal — just days after a Scottish logistics company signed a ten-year lease on the 135,000 sq ft warehouse. Located within Latitude Park, an extension of... Read More

RBS takes £3.5bn hit in Property Loans Sale

Posted on by Cliff Goodwin under Commercial Sales and Lets

Increasing its exposure to the UK and Irish markets, the American private equity giant Cerberus has agreed to pay £2.3bn for two portfolios of distressed property loans. The Royal Bank of Scotland (RBS), and its Ulster Bank subsidiary, is reported to have... Read More

Resurgent Financial Sector fuels London Office Supply fears

Posted on by Neil Bird under Industry News

London’s resurgent financial sector has increased the demand for office space in the capital to levels not seen for many years, leading to warnings of rising rents and supply shortages in the course of 2015. According to data from Cushman &... Read More