One of the founders of GBR Phoenix Beard — which has grown to become one of the largest independent consultancies in the Midlands — has left the commercial property adviser to take over as head of BNP Paribas Real Estate's Birmingham office. Simon Robinson has more than 30 years’ experience, gained from appointments across... Read More
A former director of Clyde Regeneration for Scottish Enterprise has been appointed by a leading development and investment company to mastermind its expansion drive north of the border. Steven McGarva is moving from his position as a partner with Graham + Sibbald where he was in charge of its asset management and planning and... Read More
A total of 432 lots were entered into Auction House’s May auctions. This is the second highest monthly total ever for Auction House and is a 65% improvement on last year’s figure. May’s auctions produced some very impressive results throughout the country. These include success rates of 87% and 86% for West Yorkshire and South... Read More
Award winning South West commercial property firm Burston Cook has successfully completed a number of notable deals. Among the transactions was the freehold sale of a Clifton office/production studio to private investors for £1,175,000. Another freehold sale involved Cumberland House which was sold for £2,600,000. The property... Read More
The 46,000-acre Duchy of Lancaster — which includes large chunks of Lancashire together with urban developments, historic buildings and agricultural land across England and Wales - has made four new property appointments. The duchy’s new head of commercial property has been named as Mike Andrews. He will have overall control of the... Read More
A new record price for a property sold in a UK auction room was set this week when Barnett Ross successfully sold Gwalior House in Southgate for £13,750,000. The lot comprised three unbroken residential blocks including 54 flats and 25 garages, only three of which are currently vacant. Gwalior House is a 1930s art deco block on... Read More
Lambert Smith Hampton (LSH) has named Nigel Foster as the new head of its property management team. He joins the commercial consultancy from chartered surveyors Bulleys where he oversaw property management for four years. A well-known figure within the Midlands commercial property community, Foster brings with him more than 25 years’... Read More
Auction House, which has reported a record start to the year, enjoyed further impressive results last week. At the first Chesterfield auction, hosted by Auction House Copelands, 89% of the lots offered were sold. With a number of lots selling at well above the guide price, the auction raised a total of £654,550. There was a similar... Read More
After starting the year with several high-profile hirings at its Birmingham office CBRE has now completed a bumper round of promotions — with 12 staff members moving up the ranks. David Smith, who joined the property consultancy in 2006, is now a senior director in the national team. Moving up from his 2009 appointment as operations... Read More
Southwest commercial property consultancy Vickery Holman has announced that it has completed the sale of the Former Land Registry Archive Store at Drakes Hill Court, Plymouth. The property which was marketed at £1.5 million has been sold to Angel Foundation,which operates as GOD TV, for an undisclosed sum. Until 2012 the property... Read More
Auction House has enjoyed a record start to 2014 with first quarter sales up 12% year-on-year. In total 509 lots were sold from a total of 700 offered, raising an impressive £54 million. Auction House attributes its Q1 success to a combination of factors. These include the strong demand generated by the recovery of the property market... Read More
With commercial conveyancing up by more than 30 per cent many legal practices are facing a shortage of experienced business and property specialists, the Law Society has warned. The skills gap — highlighted by a rush of overseas investors targeting major UK cities — has been made worse by such a long period of retrenchment during... Read More
Exeter based commercial property agency and consultancy Turner Locker Barnfield, acting on behalf of a private investor, has purchased the long leasehold interest in the Travelodge at Hilsea, Portsmouth. The asking price was £1.638m. The property is let to Travelodge Hotels Ltd on FRI terms for 25 years, from August 2010, at a rent of... Read More
Failing to unlock additional value on existing assets or capitalise on new property sales is a common mistake for owner occupiers. To help its Yorkshire clients get the best returns on their investments Ernst & Young has appointed Tom Roseff as head of its real estate tax advisory practice in the county. A chartered accountant with... Read More
Commercial property website movehut.co.uk has launched a TV advertising campaign aimed at further extending its reach. The 30 second ads, airing on mainstream popular channels, demonstrate that searching for commercial property for sale or rent is easy with Movehut. Movehut anticipates that the campaign will add to its volume of... Read More
When JLL closed its Bath office last September, redeploying staff to its Bristol office, it left Carter Jonas as the only national commercial property agency in Bath. To cope with the extra workload it has taken on three new staff members in as many months — two from its former rival. The latest recruits to join the property services... Read More
The storms which battered the South West in February may have left their mark on the region, but the commercial market has bounced back strongly a local agent reports. The worst storms in living memory caused widespread flooding and damage to both residential and commercial property. It is estimated that 80,000 South West businesses... Read More
This week Auction House has five property auctions to look forward to, with four of them taking place tomorrow! Proceedings begin at the Hilton Northampton Hotel at 11.00am where Auction House Richard Greener has seven lots on offer. They will be hoping to emulate the success of their last auction where 91% of the lots were sold... Read More
Just days after posting a near 15-fold increase in its 2013 pre-tax profits the specialist small business and mortgage bank, Aldermore, has made two promotions within its property development division. Simon Knowles, who joined the bank in 2010, has been standing in as the lender’s property team head since last August. That... Read More
WK Nowlan Property — which claims to be Ireland's top multi-disciplinary property asset management company — has confirmed that Killian O’Higgins will take over as its new managing director. O’Higgins has global experience of the commercial property market and will succeed Kevin Nowlan, who last year moved to a newly-created... Read More
A campaigning Welsh law firm has expanded its property team by taking on four commercial and financial service specialists. Cardiff-based Thomas Simon was a pioneer in bringing action against banks for mis-sold rate swap products that had cost businesses millions of pounds. It lobbied Parliament and launched a press campaign highlighting... Read More
Patrick Sumner — the head of Henderson Global Investors’ property equities team since 2004 and the executive in charge of setting up its European, Asian and Global strategies — is to retire this summer. Commenting on his June departure, Sumner said: “Having been at Henderson for 17 years, launched and grown our property... Read More
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