Monthly Archives: February 2015

Restricted Supply leads to fall in North West Industrial Property take-up

Posted on 28 February, 2015 by Kirsten Kennedy under Industry News

As manufacturing firms continue to seek expansion opportunities, industrial take up levels in a number of regions have seen records broken, with the West Midlands enjoying high levels of interest. But in the North West a lack of quality supply has begun to... Read More

Decision on Belfast building de-listings expected soon

Posted on by Cliff Goodwin under Top Properties

Seventeen Belfast properties are about to have their listed status revoked under a Department of Environment (DoE) review — including one of the city’s oldest pubs. Kelly’s Cellars in Bank Square is being considered for delisting along with a... Read More

Landmark Coventry Department Store on the Market

Posted on by Cliff Goodwin under Commercial Sales and Lets

A Midlands city is seeing its biggest retail sell-off in more than three decades after a landmark department store was put on the market with a reported price tag of £2.5m. The Heart of England Co-operative Society — one of the country’s oldest... Read More

Union Hanover unveils Olympic Park Hotel Scheme

Posted on 27 February, 2015 by Cliff Goodwin under Commercial Developments

Union Hanover Securities (UHS) has submitted plans for a £100m duel hotel scheme at Queen Elizabeth Olympic Park in east London. The hospitality focused property investment and development company’s Penny Brook scheme will be located in Stratford... Read More

Momentum still running high in “Big Six” Office Markets

Posted on by Cliff Goodwin under Industry News

Britain’s “Big Six” office markets outside London are showing no sign of slowing down after last year’s record take-up, a new survey claims. But, warns Jones Lang LaSalle’s (JLL) latest quarterly office market research, the number of non-residential... Read More

Canary Wharf Group and Qatari Diar overcome Shell Centre challenge

Posted on by admin under Commercial Developments

The High Court has dismissed the challenge made against the Secretary of State's decision to approve the redevelopment of the Shell Centre on London’s South Bank. The action was launched last July by local activist and writer George Turner, who... Read More

Bupa plans new MediaCityUK Healthcare HQ

Posted on by Cliff Goodwin under Business News

The international healthcare group, Bupa, has confirmed a three-year rolling plan to transfer its entire UK operation to new Salford Quays headquarters. It has signed a 15-year agreement with Peel Land & Property to lease a yet-to-be-built office block at... Read More

Ladbrokes to close 60 Shops as ‘Regulatory Headwinds’ send a Chill through Sector

Posted on by Kirsten Kennedy under Business News

During the recession bookmakers were one of the few high street success stories, preventing shop occupancy levels falling even further.  Subsequently local authorities have sought to use planning regulations to halt their proliferation amid fears over... Read More

The Crown Estate welcomes Uno de 50 to Regent Street

Posted on 26 February, 2015 by Kirsten Kennedy under Top Properties

The Crown Estate has announced that Uno de 50 will open its first UK store at 143 Regent Street in April. The Spanish jeweller has taken the 1,250 sq ft unit on a ten year lease. Asset manager for The Crown Estate’s Regent Street Portfolio Katerina... Read More

Agnelli Family to vet Cushman & Wakefield Buyer

Posted on by Cliff Goodwin under Business News

Financial services experts from Goldman Sachs and Morgan Stanley have been hired to sell-off the world’s third largest property services firm Cushman & Wakefield which is currently under the control of a single Italian family. Exor SpA — the... Read More