Commercial

GREEN LIGHT HAS BEEN GIVEN FOR NEW HAYMARKET YARDS DEVELOPMENT

Proposals for the delivery of an exciting mixed-use development at 20 Haymarket Yards have been given the green light by City of Edinburgh Council. The approved planning application, granted subject to conditions, includes the demolition of the low-rise and outdated Elgin House office building, which lies close to Haymarket Station and the tram link and […]

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DM HALL MOVES TO NEW GALASHIELS OFFICE

Leading Scottish independent firm of chartered surveyors DM Hall has moved to new, bigger, and more central premises in Galashiels. In addition, the 126-year-old business which was established in Edinburgh in 1897, is urgently seeking to recruit a further administrative person to add to its existing headcount of four. The DM Hall team in Galashiels

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EDINBURGH RETAIL ADAPTS FOLLOWING ST JAMES QUARTER ARRIVAL

Edinburgh continues to have the lowest retail vacancy rate of the UK’s major cities, excluding London, despite the introduction of St James Quarter, according to analysis from Knight Frank. The independent commercial property consultancy’s analysis found that despite the new shopping district contributing to the expansion of Edinburgh city centre’s total retail space by 424,000

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LEADING TRAVEL GROUP OPENS NEW STORE FOLLOWING RECORD BREAKING START TO THE YEAR

Barrhead Travel, one of the UK’s largest retail travel agencies, has opened its new flagship store on Gordon Street. The store has opened following a record-breaking start to the year for holiday bookings, as the travel group reports bookings remain higher than pre-pandemic levels.   The new 4,000sqft store is split across two levels with

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LEICESTER SHOPPING CENTRE GOES INTO RECEIVERSHIP

Highcross Shopping Centre, previously described as the flagship destination in the Hammerson property empire, has entered receivership. Global property specialists Savills stepped in as receivers at the Leicester shopping mall on February 9 according to letters posted last week to shops and business operating there. Tenants have been told Savills is involved solely with the

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LANDMARK OFFICE UNVEILED BY DEVELOPERS

A landmark ‘planet positive’ office development is set to power up the second phase of development work at Newcastle’s key regeneration zone Stephenson Quarter. The Pioneer – a 100,000sqft building set over 10 storeys with indoor and outdoor workspace – has been unveiled by the joint venture leading the redevelopment of the area, having been

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LAND ESTATES MAKES MULTIPLE ACQUISITIONS ACROSS BUSINESS PARKS

Commercial property firm UK Land Estates has re-acquired significant chunks of three North East industrial estates in a major multimillion-pound deal. The landlord and developer, which now has about 600 tenants across its properties, has bought parts of North Tyneside’s New York Industrial Estate, Cramlington Nelson Park and Boldon Industrial Estate in an undisclosed deal.

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REPURPOSING KEY TO COMBATING BUILDING OBSOLESCENCE

By Colin Harrop Originating from the late 17th century meaning ‘passing out of use’ or falling into disuse, the term ‘obsolescence’ in relation to the construction sector may be understood as being the result of physical deterioration, technological advances, and changes in preferences. Often referring to a growing divergence between rising demand-side expectations due to

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FILM STUDIOS PLAN TO MAKE SUNDERLAND AN INDUSTRY LEADER IN EUROPE

The North East-born founder of a global production company has unveiled plans for a £450m film studio which could create one of Europe’s largest facilities as well as thousands of jobs. FulwellCain Studios, a joint venture between global entertainment company Fulwell 73 and Cain International, says its plans for Crown Works Studios in Sunderland would

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