Tag: retail



New Major Retail Scheme Submitted for Oldbury

New Major Retail Scheme Submitted for Oldbury
Posted on 9 February, 2016 by Chris Grigorovsky under Business News, Commercial Developments, Commercial Sales and Lets, Industry News

Plans for a major new mixed-use development have been submitted by Birmingham Grand Central shopping centre’s new owner, Hammerson, in neighbouring area Sandwell, which is set to bring millions of pounds of investment and create hundreds of jobs. The... Read More

Top Central London High Street Stores See 9% Rents Jump in Q4

Top Central London High Street Stores See 9% Rents Jump in Q4
Posted on 28 January, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

The latest Prime Rents and Yields Monitor from CBRE shows that prime Central London shops saw rents increase by 9.0% in the fourth quarter, which is the fastest growth in the sector since 1988. Throughout the whole of 2015, rents in the capital's... Read More

Strong Demand in all Commercial Sectors Says RICS Survey

Strong Demand in all Commercial Sectors
Posted on 26 January, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Investment opportunities still remain strong across all sectors and UK commercial property is seen as a "safe haven" for investors despite rise in macro concerns, according to RICS' Commercial Property Survey for Q4 2015. It reveals that businesses... Read More

Hammerson Acquires Birmingham’s Grand Central

Hammerson Acquires Birmingham's Grand Central
Posted on 25 January, 2016 by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets, Economy, Industry News

Hammerson has recently announced its acquisition of the new Grand Central shopping centre in Birmingham for £335 million, with contracts officially exchanged with Birmingham City Council. Advanced discussions with an existing joint venture partner on... Read More

Radical New Model Aimed to Revitalise Britain’s High Streets

Radical New Model Aimed to Revitalise Britain's High Streets
Posted on 19 January, 2016 by admin under Business News, Economy, Industry News

A new hard-hitting report has been proposed which introduces a radical new model that will inevitably help get investment back into Britain's high streets. The Town Centre Investment Zones report was launched by a collection of property industry... Read More

London Retail Space Set to Grow by 8 Million Sq Ft in Five Years

London Retail Space Set to Grow by 8 Million Sq Ft in Five Years
Posted on 21 December, 2015 by Chris Grigorovsky under Business News, Commercial Developments, Industry News

A report from commercial property adviser, CBRE, has stated that the amount of retail space in London will expand by almost 8 million sq ft over the next five years. It revealed that the planning permission, which has been granted for retail space in... Read More

Former BBC Site Gets New Identity

Former BBC Site Gets New Identity
Posted on 17 December, 2015 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

It has been officially announced by joint venture partners, Bruntwood and Select Property that Circle Square is the new name for the former BBC site in Manchester. According to Bruntwood, Circle Square will offer a unique and diverse place where ideas... Read More

‘Radical’ Business Rates Changes For Retail Sector

'Radical' Business Rates Changes For Retail Sector
Posted on 7 December, 2015 by Chris Grigorovsky under Business News, Economy, Industry News

New research from Colliers suggests that going forward, UK High Streets are about to face drastic changes to the amount paid in business rates. In a report by the BBC, it said that the property consultant discovered 76 of the main towns and shopping... Read More

intu Experiences Record Breaking Cyber Monday

Intu experiences record breaking cyber Monday
Posted on 3 December, 2015 by Chris Grigorovsky under Business News, Economy, Industry News

Leading developer, owner and manager of prime regional shopping centres in the UK, intu, has reported a record breaking Cyber Monday with 125,000 visitors, a 127 per cent uplift from an average day. After the successful strong footfall of Black Friday... Read More

Black Friday Will Spark Demand for More Catered Super-sized Warehouses

Black Friday will spark demand for more catered super-sized warehouses
Posted on 25 November, 2015 by Chris Grigorovsky under Business News, Economy

With Black Friday set to cause a frenzy amongst shoppers and companies alike, a logistics expert at Colliers has said that the event will highlight a new need for super-sized warehouses. Head of EMEA (Europe, Middle East and Africa) industrial and... Read More