Commercial News - Locations (July - 2013)

Speculative Digital Village plans for Salford submitted July 8th- 2013

Speculative Digital Village plans for Salford submitted
Speculative development plans are being submitted with much greater frequency this year, even outside London, the pace is hotting up. The active Manchester market has inspired another submission of a £6 million 40,000 sq ft office park opposite Ordsall Hall in Ordsall Lane, Salford from active northern developer Capital & Centric, which they h... Continue

Land Securities report good letting progress on London office schemes in Q1 July 17th- 2013

Land Securities report good letting progress on London office schemes in Q1
Land Securities today, in its Q1 statement said it has pre-let 52% of its Walkie Talkie 20 Fenchurch Street development, with a further 4% in solicitors hands, while its Victoria development at 62 Buckingham Gate is 10% pre-let with 43% in solicitors' hands.A confident Land Secs has committed to further major London developments, for £260 million ... Continue

Hammerson formally abandons £600 million Sheffield Sevenstone development July 29th- 2013

Hammerson formally abandons £600 million Sheffield Sevenstone development
Hammerson, the owner of shopping centres both here, where H1 sales in its centres were down 0.4% and in France (where they were down 3.8%), reported that its LFL rental income was up 2.5% and occupancy was ahead of target at 97% in it's H1 results today. In the UK new long term leases have been signed this year at 5% above ERV, the best demonstrati... Continue