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Commercial Property News

Hamilton Heath invest further 7.5million in North West commercial property - August 14, 2007

North West property investors and developers  Hamilton Heath Estates  has spent another £7.5m taking its commercial property portfolio to more than £50m.The firm purchased the Grosvenor Business Park in Stockport and t
http://www.ukbusinessproperty.co.uk/news/article/197

Marstons says no to becoming a REIT while unveiling steady half year results - August 10, 2007

Pubs group Marston’s Plc  posted first-half pretax profit slightly ahead of analysts’ forecasts today, and said it was not planning to spin off its property assets.Formerly Wolverhampton & Dudley Breweries, Marston’s
http://www.ukbusinessproperty.co.uk/news/article/199

Morrison continues to improve at half year and rejects REIT route - August 9, 2007

 Wm Morrison Supermarkets Plc reported a small improvement in underlying sales growth today, but dampened hopes it might sell some properties and distribute the proceeds to investors.Britain’s fourth-biggest supermarket chain said l
http://www.ukbusinessproperty.co.uk/news/article/200

Bank of England record set by commercial property at 11.1% of UK debt - August 3, 2007

 Data from the Bank of England today showed bank lending to Britain's property industry rose by a record £8.4 billion  in the second quarter, even as property returns slowed and borrowing costs rose.The central bank's quarterly
http://www.ukbusinessproperty.co.uk/news/article/195

More than half of independant investors prefer commercial property to other investments. - August 3, 2007

The Trustnet website, in a survey of 261 investors, found that 51.43% of private investors without a financial adviser preferred investing in commercial property. Unadvised investors are typically more hands on and involved in the control of their investm
http://www.ukbusinessproperty.co.uk/news/article/196

Bank of England keeps Base Rate at 5.75% - August 2, 2007

The Bank of England kept interest rates at a six-year high of 5.75 percent it announced today.Sharp falls on global stock markets had made no change at this month’s Monetary Policy Committee a sure bet, particularly as the impact of five
http://www.ukbusinessproperty.co.uk/news/article/194

RICS survey shows tenant demand for commercial property holding firm - August 2, 2007

Tenant demand for commercial property space has yet to buckle in the wake of higher borrowing costs and remains near a 7-year peak, but enquiries from retailers outside London are falling, data showed today.The second quarter survey by the Roy
http://www.ukbusinessproperty.co.uk/news/article/193

Coincidence that bromsgrove hairdresser leased shop with 200 year family history - August 2, 2007

A Bromsgrove hairdresser found 200 years of family history waiting for him when he moved into his current salon two months ago.George Davis leased the property at 14 St John's Street, Bromsgrove and found his wife's great grandmother had lived
http://www.ukbusinessproperty.co.uk/news/article/192

Mapeley commercial property management and investment business produces strong half year results. - August 2, 2007

Property management and investment  firm Mapeley Ltd reported higher half-year profits today and said trading conditions remained favourable in the services outsourcing market, despite added pressure from higher interest rates.The Guernse
http://www.ukbusinessproperty.co.uk/news/article/191

14th Century mixed use property in York gets 21st Century "living roof" - August 1, 2007

A 14th century building has been fitted with a 21st century roof. Blake Mews, a grade II listed property in Blake Street in the shadow of York Minster, has a green carpet crowning it, in the form of a sedum roof. The roof has been fitted
http://www.ukbusinessproperty.co.uk/news/article/187
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