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Green light for Ordsall scheme

September 8, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers

Salford council has reportedly granted planning permission to LPC Living for its regeneration scheme on the site of the former Radclyffe school in Ordsall, Salford. LPC had submitted plans for a 50,000 sq ft Morrisons store and the scheme also ... Read more

This entry was tagged: Commercial property, Ordsall, Retail space

Fresh demand from out-of-town retail

September 7, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Mark Rudman, retail agency partner at JLL, says there is an estimated 4.8m sq ft of live retailer requirements for out-of-town retail space in the UK. What’s more, at least half of this space is needed by retailers of bulky goods – which is a ... Read more

This entry was tagged: Commercial property, Retail space

SEGRO secures eight new pre-lets

September 7, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Listed property company SEGRO says it has secured no fewer than eight pre-let deals totalling almost 44,000 sq m since announcing its interim results last month. Five of the properties are in the UK – including two on the Slough Trading Estate, and a ... Read more

This entry was tagged: Commercial property, Industrial Unit, SEGRO

More help in implementing CRC scheme

September 6, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Help for Business Owners & Occupiers, Industry News

The British Property Federation has published its latest CRC (Carbon Reduction Commitment) report – this guide to the Energy Efficiency Scheme for landlords and tenants details how the government’s plan to reduce carbon emissions works, and gives a ... Read more


Poundworld takes last major M62 warehouse

September 3, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

JLL says a recent deal at Normanton underlines the strength of the M62 logistics market – following the leasing by Poundworld Retail of a 215,000 sq ft warehouse at Axis 62 near Junction 31 of the motorway, there are no new units available in the ... Read more

This entry was tagged: Commercial property, Industrial Unit, M62, Poundworld

Birmingham tops investment league

September 2, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

JLL research has shown that Birmingham came top of the list for international property investment in the UK outside London in the first half of 2010. The Birmingham Post quotes Richard Goodhall from JLL as saying that the findings came as “something ... Read more


SMEs dodge rent reviews with shorter leases

September 1, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Last year was characterised by many as an occupiers’ market, but the British Property Federation says a revolution in lease terms has been quietly underway for the past two decades – and its survey of leases during the past year underpins these ... Read more


Hansteen ready to snap up bargains

August 31, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Hansteen Holdings, the listed REIT that invests in industrial property in the UK and continental Europe, today said it was ready to take advantage of opportunities to buy UK properties from banks and administrators at “good prices”, as it announced a ... Read more

This entry was tagged: Commercial property, Hansteen, Industrial Unit

Retail shake-out is past the worst – C&W

August 24, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

While you’re still reeling from yesterday’s record-busting retail letting on Oxford Street, here’s some more news on the market for retail space in the UK. Cushman & Wakefield says the average availability of retail premises on the top shopping ... Read more

This entry was tagged: Commercial property, Cushman & Wakefield, Retail space

Desigual smashes Oxford St rent record

August 23, 2010 by Venetia Cutlerposted in: Business Owners & Property Buyers, Industry News

Spanish fashion retailer Desigual has beaten off stiff competition for a key retail space on London’s Oxford Street, paying a record rent and suggesting that other retailers in the area may face sharp increases in their own rent levels. It has been ... Read more

This entry was tagged: Commercial property, Desigual, Oxford Street, Retail space

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