Commercial Property News

MaxProperty fails to impress the market with FY results

Max Property Group, the vehicle for Nick Leslau and Mike Brown of Prestbury Investments, believes it is on course to cash out at the top of the property cycle in 2016 since coming to the market in May 2009, and having assembled an interesti…

15 hours ago.
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Battersea Power Station to begin it's £400 million reconstruction within weeks

Work on the unlucky Battersea Power Station, which has been through several hands since decommissioning, will start in a few weeks, now that Carillion has been given the £400 million contract for Phase One to get on with the job, by it's Ma…

2 days ago.
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Great Portland Estates profit from central London developments meeting strong tenant demand

Great Portland Estates, the central London landlord, has reported strong results for the FY ended 31st March 2013, with pre-tax profits up from £155 million last year to £180 million and a total property return of 11.7%.Much of this has bee…

2 days ago.
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Morrisons plan superstores in Fareham and Romford

Morrisons are still in the space race, the Bradford-based firm has not finished making sure that customers have a Morrisons store within reach, throughout the country. Last week the firm announced an agreement with Ocado to speed it's entry…

3 days ago.
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Plans for second competing major Erdington food store development approved

NewRiver Retail, the AIM-listed retail REIT, said today that it had received detailed planning consent for it's revised plans for Erdington Town Centre, six miles north of Birmingham.  The plans are for a 25,000 sq ft ASDA store, with four…

4 days ago.
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