Commercial News - Locations (June - 2013)

The Shard is dogged by difficulties as hotel opening is postponed June 6th- 2013

The Shard is dogged by difficulties as hotel opening is postponed
The Shard is turning out to be a somewhat unlucky building for its developers, who have yet to secure much interest in its office space or its 10 super-prime apartments, and for its hotel operator. Hong Kong-based Shangri-La Hotels and Resorts is having to revise its intended opening date for the London Shangri-La Hotel, in the Shard. Originally in... Continue

£10 million West Country Leisure portfolio to be sold June 10th- 2013

£10 million West Country Leisure portfolio to be sold
Colliers International have been instructed to offer for sale the leisure properties owned by Martyn Harrison, following his death in April 2012.The Trustees of Martyn Leisure have decided to put the former Pontins holiday park at Weston-Super-Mare on the market along with three other hotels, The Hotel Prince Regent & Russell Hotels in Weymouth... Continue

Boris supports Birmingham Airport expansion plans June 13th- 2013

Boris supports Birmingham Airport expansion plans
Support for the plans to further expand Birmingham Airport, by building a second runway, has come from Boris Johnson, who agrees with the thrust of their argument that building a third runway at Heathrow would expose too many people living in West London to unacceptable noise pollution.The London Mayor, welcomes the Birmingham proposal because it w... Continue

£90 million Macclesfield Silk Street plans given green light June 14th- 2013

£90 million Macclesfield Silk Street plans given green light
Wilson Bowden, the commercial development arm of Barratt Developments, has won approval from  Cheshire East Council  for it's £90 million Silk Street redevelopment of part of Macclesfield Town Centre.The 200,000 sq ft Silk Street will be anchored by a Debenhams department store and Cineworld cinema alongside 19 other retail units, a 718-space mu... Continue

London house builder Berkeley FY sales up 32% June 19th- 2013

London house builder Berkeley FY sales up 32%
The Berkeley Group, the cash-rich London-based housebuilder, today reported that its sales for the year ended 30th April were up 32% on last year to £1.372 billion, and that pre-tax profit as a result was up 26% to £270.8 million. This was largely from the sale of 3712 homes, up from 3565, and £26.4 million from  the sale of a hotel site  at T... Continue

Plans in for world leading inland surfing centre in Conwy valley June 21st- 2013

Plans in for world leading inland surfing centre in Conwy valley
The Ainscough Group, the vehicle of the Ainscough brothers since selling their family crane hire business in a 2007 MBO for £255 million, have  been engaged in putting that money to work in various schemes, have submitted plans for Surf Snowdonia, an innovative inland surfing lake development in the Conwy Valley.Using the 40 acre site of the form... Continue

Southampton shopping centre boarded up after failing to find a buyer June 26th- 2013

Southampton shopping centre boarded up after failing to find a buyer
It is not often that an entire shopping centre is closed down, but after only 25 years in business the Bargate Centre in Southampton has failed to find a buyer after ten months of marketing, despite several expressions of interest. Receivers were called in following the collapse of it's owners Parkridge Holdings, who bought it in February 2008 for ... Continue