DTZ complete $2bn merger with Cushman and Wakefield

DTZ have completed a mega-merger with Cushman & Wakefield, creating one of the largest real estate companies in the world. Exor, the investment company of Italy’s billionaire Agnelli family, founders of Fiat, agreed the sale for $2bn to DTZ, ... Read more

Ocado to join flagship SEGRO development

Leading property developer SEGRO has revealed that Ocado will be joining their flagship Origin development at Park Royal. Ocado, the world’s largest online supermarket, will occupy a brand new 68,393 sq ft unit, from where they will distribute ... Read more

Introducing the NovaLoca Search Widget!

We often hear that occupiers find it difficult to find new property and our free search widget is a great way to add a commercial property search feature to your website. If you run a site that is commercial property related or one that offers ... Read more

“Trains will be overloaded by mid 2020s without HS2”

UK trains would be overrun by the middle of the 2020s if HS2 didn't go ahead, according to the Area Petition Manager at HS2, Tom Hinds. Speaking to the Park Royal Business Group last week, Mr Hinds provided an update on the status of the project ... Read more

Scotland’s commercial property market set for upturn after independence no vote

There was a collective sigh of relief within the commercial property market last week as Scotland voted no to independence. In the uncertainty leading up to the vote, many commercial property deals involving those north and south of the border had ... Read more

Which buildings can save you money on business rates?

Last week it was revealed that thousands of retailers across the country were benefitting from government business rate discounts. Some retailers can enjoy £1,000 off business rates, but there are a number of other measures in place that can reduce ... Read more

Which areas of the UK felt the 60% summer increase in enquiries?

Land, office and industrial were the biggest beneficiaries as commercial property enquiries on NovaLoca rose by 60% over the summer. Research looking into the number of calls, email enquiries and internet traffic showed that both were up 60% in July ... Read more

Five signs now is the right time to move office

There may come a time for every business owner when they have to consider moving office. Although potentially costly and stressful, an office move can provide many benefits for businesses. Here are five signs that it may be time to consider that all ... Read more

Lack of new development could hinder economic recovery

In their annual Commercial Consturction Index, JLL and Glenigan have revealed that the economic recovery in the UK is well underway, but there is also expected to be an upcoming shortage of commercial property. In the 12 months up to June 2014, ... Read more

London’s Floating Village: Damp squib or dream location?

The dream of a floating village in the heart of London took a step closer to reality last month, following the announcement that Carillion Igloo Genesis had won the opportunity to design and build the ambitious development. The aim of the plans is ... Read more