Monthly Archives: February 2015



Manchester Grade A Office Rents forecast to reach £35 per sq ft by 2018

Posted on 24 February, 2015 by Chris Grigorovsky under Industry News

According to Net Stock Absorption (NSA) research carried out by Colliers International, Grade A office space within Manchester's city centre will reach £35 per sq ft by 2018. It is expected that by the end of this year Grade A office space will hit... Read More

Asda to invest £600 million in new Store Opening Programme

Posted on by Kirsten Kennedy under Business News

As the supermarket price war rages on and the Big Four continue to lose market share to discounters, most are choosing to rein back new openings in favour of closing unprofitable stores. However, Asda has this week announced that it will buck this trend by... Read More

Giggs & Neville given Green Light for latest Hotel Scheme

Posted on by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

Planners have approved the latest hotel development scheme by footballers Gary Neville and Ryan Giggs. This time the former Manchester United pair want to transform the city’s historic stock exchange into a boutique hotel. The partnership — which... Read More

Midlands tops HCA Land Bank League

Posted on by Neil Bird under Industry News

Over one third of land held by the Homes and Communities Agency (HCA) is in the Midlands, according to CBRE’s newly published Regional Land Report. The Agency has over 130 sites earmarked for residential or mixed-use development throughout the... Read More

Duchy of Lancaster plans Further Investment following Twin Merseyside Acquisition

Posted on by Cliff Goodwin under Commercial Sales and Lets

The Duchy of Lancaster – a private estate owned by Her Majesty The Queen - has paid more than £10.5m for two units on a Merseyside business estate and is seeking further acquisitions to add to its portfolio. Both warehouses on the Estuary Commerce... Read More

Birmingham’s Six Eight Kafé heads to Millennium Point

Posted on by Kirsten Kennedy under Business News

A recent study found that coffee shops and cafés are two of the fastest growing occupiers of high street property. Independent coffee shop Six Eight Kafé is looking to capitalise on this consumer demand by opening a new outlet at Birmingham’s Millennium... Read More

New Airport City Hub to serve Smaller Carriers

Posted on 23 February, 2015 by Cliff Goodwin under Commercial Developments

Planners have given the green light for a new logistics facility at Manchester Airport aimed at small to medium-sized occupiers. Construction work is expected to start within weeks. The £15m hub — located within Airport City Manchester — will be... Read More

Coast to Coast joins intu Potteries restaurant line-up

Posted on by Neil Bird under Top Properties

Coast to Coast American Restaurant & Bar has joined the growing restaurant line-up at the £20 million leisure extension at intu Potteries. Coast to Coast, part of  The Restaurant Group, brings the cuisine and tastes from the length of the... Read More

Hotel Planned for Birmingham’s Jewellery Quarter

Posted on by Chris Grigorovsky under Commercial Developments

In another positive indicator for Birmingham's leisure sector, plans are currently in place for a 31 bedroom hotel in the Jewellery Quarter, which could see up to 40 new full and part time jobs created. Husband and wife team, and founders of Suburban... Read More

Private Buyer pays £10m-plus for Landmark Newcastle Office Building

Posted on by Cliff Goodwin under Commercial Sales and Lets

An agent acting in the multi-million pound sale of a landmark Newcastle office building says the acquisition demonstrates the returning strength of the North-East commercial market. Bill Lynn, director and head of agency and investment at the ES... Read More