Monthly Archives: January 2015

Greggs aims to take Food on the Go to Retail and Office Parks

Posted on 15 January, 2015 by Cliff Goodwin under Business News

Hungry shoppers gave Greggs its best Christmas ever with holiday sales up more than eight per cent. Along with its best-selling steak and cheese roll, its coffee sales alone totalled more than £1 million. Now Britain's biggest bakery chain is set to expand... Read More

Rockspring acquires Two South West Shopping Centres

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Rockspring has purchased one of Taunton’s most popular shopping centres in a deal worth £27.55 million, reflecting an initial yield of roughly 6.65 per cent per annum. The acquisition comes hot on the heels of another shopping centre purchase in the South... Read More

Tenants sought for Historic Tyneside Trinity House

Posted on by Cliff Goodwin under Top Properties

North-East businesses with a "taste for grandeur" are being offered offices in what is claimed to be one of the oldest buildings on Tyneside. The boardroom, within the Grade I listed Trinity House on Newcastle's Quayside, even comes complete with a 19th... Read More

Transformation of former Morrisons Headquarters given Green Light

Posted on by Kirsten Kennedy under Commercial Developments

Major retail and leisure developments were something of a trend in 2014 and seem set to continue this year thanks to the continuing improvements within the economic climate. This has allowed the debate over the future of the former Morrisons headquarters in... Read More

Global Commercial Real Estate Transactions hit Record High in Q4 says JLL

Posted on by Jodee Redmond under Worldwide Property News

Global commercial real estate transaction volumes hit record levels in the fourth quarter of 2014, according to JLL. Volumes in the final quarter reached $218 billion, which brought the preliminary volumes for the year to $700 billion, 28 per cent... Read More

What’s in store for the Retail Property Market in 2015?

Posted on 14 January, 2015 by Kirsten Kennedy under Industry News

The retail property market has faced some significant challenges over recent years, but with the economy improving and consumers more prepared to spend, it seems that 2015 could mark a turnaround for both the retail sector and its property... Read More

Aberdeen Asset Management spends £27m on Glasgow Office Block

Posted on by Cliff Goodwin under Commercial Sales and Lets

The Glasgow head office of online travel agent and flight search website Skyscanner has been sold to a new Scottish owner in a deal reportedly worth £27m. Hermes Real Estate spent almost £10m in 2011 remodelling the 1980s-built office block in St... Read More

RLAM brings £1.6bn Co-Op Property Management In-House

Posted on by Cliff Goodwin under Business News

A UK-based investment management company has confirmed its property assets have increased by almost a half following the £1.6bn transfer of the Co-operative Asset Management’s (TCAM) property portfolio. Completed at the end of November last year,... Read More

Associated British Ports acquires Southampton Dockside Estates

Posted on by Chris Grigorovsky under Commercial Sales and Lets

With help of advisor Lambert Smith Hampton (LSH), Associated British Ports (ABP) has completed the purchase Marchwood and Cracknore Hard Industrial Estates from Oceanic Estates. The estates, located on the western side of Southampton Water, are one of the... Read More

British Land dismisses Falling Bolt fears as Architect moves into the Cheesegrater

Posted on by Neil Bird under Top Properties

British Land insists that the structural integrity of The Leadenhall Building has not been compromised by the two fractured bolts that fell from the City skyscraper in November. The company also revealed that a third falling bolt was recently caught by... Read More