Six weeks before the opening of its landmark incubator business hub a North-East development company has signed its first tenant. The Blyth Workspace scheme — aimed at kick-starting the re-development of a neglected industrial quayside — is partly... Read More
Although the London commercial property market has proven immensely strong since the end of the financial crisis, in the years to 2013 it was yet to reach the heights of the pre-recession peak in 2007. However, in 2014 overseas investors and a growing number... Read More
Local Growth Minister Penny Mordaunt says that a former flour mill, at the heart of London’s Royal Docks, will be the centrepiece of a thriving new business district. Today the Minister visited the Millennium Mills site, which has been abandoned... Read More
LondonMetric Property PLC has acquired the 410,000 sq ft Eddie Stobart distribution facility in Dagenham from Meaalofa Developments Holdings Limited for £56.5 million. The 28 acre site is currently let to Eddie Stobart for seventeen years, with a rent of... Read More
Although supermarkets continue to struggle against the rise of the discounters, certain specialist stores still find that they often lose consumers to the “all under one roof” principle. This has been especially true at chocolatier Throntons, as along... Read More
Axa Real Estate (Axa) is concerned that Japanese commercial property prices may be close to their peak. The fifth-largest property fund in the world is looking at the recent increase in real estate values due to the government’s efforts to put an end... Read More
Barwood Developments Ltd (BDL) has sold 60 per cent of its holding to clients of specialist investor and property adviser Delancey to form a new logistics joint venture. The new company will be known as db symmetry. The majority acquisition is a strategic... Read More
Bruntwood and Kier Property, in a joint venture, have begun construction of a brand new six-storey building at 3 Sovereign Square in Leeds City Centre. The scheme was given the go-ahead from Leeds city council in the summer of last year, while the site... Read More
The Home Office is paying more than £12.5m a year in business rates on its London headquarters, according to Valuation Office Agency (VOA) figures. The Ministry of Defence also earns a place in the capital's top ten rate payers. The remaining eight... Read More
With space on the surface in London becoming increasingly limited, developers are beginning to seek opportunities beneath the hustle and bustle of the city’s streets. This has seen investors come forward to redevelop unused tube stations, commuter train... Read More
