News and information from the world of commercial property

3 October 2013

North Wales developments receive £975k funding

Four development schemes in Anglesey and north Gwynedd will share £975,000 in regeneration funding.

The capital, which has been announced by housing and regeneration minister Carl Sargeant, is aimed at improving communities in the two areas.


26 September 2013

Three take space at Deeside Industrial Park

Three companies have taken a combined 330,000 sq ft of floor space at Deeside Industrial Park.

"The opportunities in the Deeside Enterprise Zone are beginning to be utilised, and it will be essential that the zone has the infrastructure to be able to respond positively and quickly to future business demands."


4 September 2013

Landlords back Grimsey's business rates call

The British Property Federation (BPF) today backed veteran retailer Bill Grimsey’s call for a ‘root and branch’ review of business rates, as analysis of European Union data revealed the UK pays the highest business rates of any country in Europe, and more than France and Germany combined.


19 August 2013

Fewer UK shops stand empty

The percentage of empty shops in town centres has fallen from a record high, according to the British Retail Consortium.

The empty shops survey showed sharp regional variations, with the figure for Wales at 15.9%, compared with 17.9% in April.


12 August 2013

Growth of commercial activity strongest in six years – report

The 'Total Commercial Development Activity Index', which monitors the overall performance of the UK commercial property sector and is published by Savills, said July registered +20.1 per cent, up from +18.9 per cent in June.

The latest reading indicated the rate of expansion was sharp and the fastest since May 2007, Savills said.