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

Is General Election uncertainty affecting the commercial property market?

There is rarely a more uncertain time for the commercial property market and overall economy than before a general election. This insecurity is of course not helped by the fact we are still none the wiser as to whether it will be David Cameron or Ed ... 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

5 things to consider when searching for commercial property

Whether you are finding a commercial property for the first time or the hundredth, there are a number of key decisions that need to be made. We’ve listed five of the most important things that need to be considered when finding new premises for your ... 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

M&G Real Estate acquire £140m Birmingham property

Two Snowhill in Birmingham has been sold to M&G Real Estate for an estimated £140m. The premises, which offers 319,000 sq ft of office and retail space, including in demand Grade A office space, already lets space to Wragge & Co and i2, ... 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