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Spanish property firm prepared to sell HSBC London HQ at a loss

The struggling Spanish property giant which spent a record £1.1 billion on HSBC's headquarters in London's Docklands 18 months ago has offered to sell it back to the bank at a loss. Read

Tax relief snub on empty properties with rateable value below £15,000

Tax relief snub hits business Read

Return of empty property rate relief could embarrass Mandelson

It is arguable as to whether Lord Mandelson has ever figured particularly highly on anybody’s Christmas list but it is a fair bet that he won’t be receiving many season’s greetings from the commercial property sector this year. Read

Urban Splash ready to sell off Fort Dunlop

The company behind the award-winning Fort Dunlop development in Birmingham has admitted it is considering selling the building. Read

It is not all doom and gloom

Adrian Griffith, senior surveyor with GVA Grimley Birmingham, argues the outlook may be looking up for the business park sector Read

Mailbox architects moving in

The architects behind one of Birmingham’s most successful developments will be able to admire their work up close after deciding to make it their new home. Read

St Modwen to fuel BP schemes

BP has selected Birmingham-based regeneration specialist St Modwen as its preferred developer for a 2,500-acre portfolio of brownfield sites situated across South Wales, Scotland, the Midlands and South East England. Read

Bigwood put Air Products unit into popular site

Chartered surveyors and auctioneers Bigwood has let another unit on an industrial estate at Erdington that is becoming a popular location for multi-national companies. Read

Consortium ready to promote west side of the city

A consortium of Birmingham developers and the city council have joined forces to promote an area of Birmingham that hopes for a record level of commercial development in coming years. Read

Computer says yes, Birmingham is doing well

The Birmingham office market remains active according to Knight Franks’ Regional Office Market Presentation (ROMP). Read

Chief whip calls for rate relief, but not in London

The campaign to see rate relief for empty commercial buildings reinstated has seen another senior politician embroiled. Read

More pain to come before any recovery

David Allen, director of investment Atisreal Birmingham, makes his predictions for the investment market Read

More than £1bn wiped off British Land's portfolio amid property slump

The property slump has stripped more than £1 billion off developer British Land’s assets, the company’s half-year accounts revealed. Read

New boss for top Midland property company

ONE of the largest family owned property companies in the Midlands has appointed a new chief executive after the incumbent announced his intention to stand down next year. Read

Space demand boost for innovative landmark

Four occupiers at the Innovation Centre at Longbridge are all increasing their office space within a year of taking residence. Read

Few add space as most firms set to cut holdings

Fewer firms expanded their property portfolios over the last six months while many are planning to reduce their holdings in the coming half year, new research has suggested. Read

Property market crisis spreads

The effects of the global economic downturn on the property market is spreading from the West to emerging economies, new research by a major property organisation has revealed. Read

Fans still bowled over by the Brum experience

Edgbaston may be in line for a multi-million pound redevelopment but it is still a favourite with cricket fans, according to a new piece of research by Drivers Jonas. Read

Warning to developers of new planning rules

Developers, being battered by the economic downturn, have been warned that imminent planning changes may also present further challenges and opportunities. Read

Hard work and rational thinking will beat crisis

A top city property personality has said that knuckling down and thinking outside the box is the best way to successfully combat the recession. Read

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