Commercial News - Locations (August - 2013)

Vacant Bracknell office campus, with colourful history under offer August 2nd- 2013

Vacant Bracknell office campus, with colourful history under offer
Investor interest has focussed on Thames Valley office property. There are no bargains left to be had in London, but the fragile Thames Valley office market has plenty of low hanging fruit, and barely a fortnight after  Segro exchanged contracts to sell their IQ Winnersh business park near Reading for £245.1 million in cash - a 5.8% net initial y... Continue

Pickles vetoes appeal on £150 million Plymouth Hospital plan which opens the way to rival August 9th- 2013

Pickles vetoes appeal on £150 million Plymouth Hospital plan which opens the way to rival
Sutton Harbour Holdings, the Plymouth AIM listed marine and waterfront regeneration specialist, is crowing today as news is received that an appeal for a rival £150 million plan for regeneration of North Plymouth based on the Derriford Hospital site, promoted by Wharfside Regeneration Limited, has been rejected by Eric Pickles.The rejection of the... Continue

Birmingham Mint redevelopment drawing towards completion a decade after the failure of the original business August 12th- 2013

Birmingham Mint redevelopment drawing towards completion a decade after the failure of the original business
Work is underway, after a 2 year hiatus on the Birmingham Mint site, with the prospect of it drawing to completion some 10 years after the original business there failed. The site has a recent history of business failure, we reported the demise of Junared Property Group in June 2009, which was developing the £30 million mixed-use scheme, to regene... Continue

London property now valued at 27% of UK total up 5% in a decade August 23rd- 2013

London property now valued at 27% of UK total up 5% in a decade
The weight of off-shore funds pouring into the London market has inflated it's value to £1.35 trillion, or 27% of the national total, according to research from Knight Frank.Back in 2003 London's property was only worth 22% of the total. Knight Frank found the price of upmarket properties in central London has risen 7%  in the past year to almost... Continue