February, 2008

Large-scale proposals that aim to revitalise Birmingham city centre have been made public, with plans to encourage new mixed-use commercial property developments.

Mucklow, the Halesowen-based commercial property company, has revealed a six per cent fall in its net asset value (NAV), as well as a deficit caused by a revaluation of its property.

A 400,000 sq ft industrial space has been taken over by power conversion engineering firm Converteam.

Evans Randall has purchased an office building in Mayfair that is worth almost £50 million.

Ken Livingstone thinks that the commercial property market in London will continue to expand over the next two decades.

The government will have to ensure that all new commercial property builds are zero-carbon if they are to meet their 2020 carbon emission targets.

Land Securities has submitted plans for an ambitious multi-million redevelopment of Liverpool's St John's Centre.

Yellow Pages publishing company Yell have agreed to occupy 153,000 square feet of One Reading Central.

The Antsy Business Park, which will be the home of a £500 million research and development centre, is the brainchild of development agency Advantage West Midlands (AWM) and developers Highbridge Properties.

The commercial property sector continued its recovery last month as outflow levels fell by more than £100 million, new research has revealed.

Property developer St Modwen has agreed to develop a warehouse for a firm which stores Dyson vacuum cleaners.

Plans for the future of regeneration in Sheffield are set to be discussed by the city's council this Wednesday (February 25th).

Tesco are in talks with Sunderland City Council to revitalise the ailing Sunderland Retail Park.

Property development company Parkridge will launch a £1 billion fund in an attempt to take advantage of the current devaluation of the commercial property sector.

Urban Initiatives has been named as the winning bidder for an ambitious 20 year development of Birmingham city centre.

The Leicester Tigers have been granted permission to build a new multi-million pound rugby stadium.

Detailed designs for the regeneration of Burnham-On-Sea have been approved by the local district council.

Wigan is set to benefit from the multi-million pound development of a new textile manufacturing hub within the town.

Stockport Metropolitan Borough Council has chosen Terrace Hill as the preferred developer for a new business park in the town.

Harlow Council has chosen Stockland Halladale as the preferred developer for the regeneration of its town centre.

Residents have been giving officials their thoughts on the ambitious plans to regenerate east Manchester.

The Prince of Wales has voiced his dislike for the design of the Ivor Crewe lecture theatre at the University of Essex.

New Star Asset Management has completed the multi-million pound sale of its largest London property.

Plans to revamp the Heythrop Park Hotel in Oxford have been given the go-ahead.

A new hotel is set to be built on the Newburn Riverside business park.

The Commission for Architecture and the Built Environment (Cabe) has claimed that the Ealing Broadway Leaf tower proposals are "not of the standard that the town deserves".

Capital values dipped by 2.1 per cent in January, slowing the downturn in the commercial property sector, new research has revealed.

Urban Splash has unveiled its plans for a multi-million pound mixed-use regeneration scheme situated on Liverpool's Great George Street.

Cheshire port plans given green light

Derwent London is set to refurbish its office property at the Angel Centre.

Business real estate in Manchester is continuing to thrive despite the downturn in the fortunes of commercial property in many areas of the country, experts have claimed.

Property Alliance Group has finalised the purchase of Wigan's Enfield industrial estate.

Transport secretary Ruth Kelly has backed Birmingham's plans for a multi-million pound redevelopment of New Street station.

An ice rink will be the central feature of a new commercial development based in Birmingham.

Walmart-owned supermarket chain Asda wants planning rules in 'Tesco towns' to be suspended, media reports have indicated.

A central London retail park worth £80.5 million has been purchased by Goodman Property Investors.

The Homes and Communities Agency (HCA) has joined forces with London mayor Ken Livingstone and the government in a bid to successfully deliver affordable housing in the capital.

Office space in Canary Wharf previously occupied by the Telegraph group is to be taken over by Moody's Investors Service.

With the likelihood of a shortage of energy assessors looming, the government is preparing to make concessions to the law regarding Energy Performance Certificates (EPC).

Multi Development has been granted permission for a multi-million pound commercial property scheme in Wolverhampton.

Telereal has been granted permission for a multi-million pound redevelopment of a London office block.

The redevelopment of Luton's Mall received a welcome boost after TK Maxx and Marks and Spencer agreed leases for St George's Square.

A number of ambitious changes are being planned for the Silverstone race track site.

Office rents in the West End of London will continue to rise throughout 2008, new research has revealed.

Manchester Central is set to undergo a £20 million redevelopment, including an upgrade of its on-site facilities.

Hutley Investment has been given to go-ahead to build a new office complex in Woking.

A high-end residential property development in London has been hailed as one of the most important residential development sites in Europe.

The development of commercial offices in Wales is outgripping that of anywhere else in the UK.

Jacobs, Microchip and Norbain SD have all agreed new leases for the Winnersh Triangle commercial property park on the outskirts of Reading.

The commercial property sector suffered another downturn in the final quarter of 2007, new research has revealed.