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Commercial Property

Property owners to watch out for squatters, warns Aviva

Property owners with vacant premises in their property portfolios should ensure they have the correct level of legal expenses cover in the event of squatters occupying their premises, says Aviva.

New name for Zurich’s Property Investors Unit

From mid January 2010, Zurich's Property Investors Unit (PIU) is changing its name to Real Estate Insurance (REI).

SitexOrbis warns vacant property protection and maintenance urgent

Mark Cosh, European Director of vacant property security and maintenance specialist SitexOrbis, says major property companies and commercial landlords should review their vacant property portfolios as the commercial property market is showing signs of recovery.

Industrials to lead commercial property sector recovery

Industrials will be the strongest performing sector in European commercial property in 2010 as subdued consumer spending continues to impact the retail sector, according to Fidelity Real Estate Investment Management (FREIM).

Ealing Broadway fights back

Ealing Broadway fights back

One year after Westfield opened its doors, Ealing Broadway celebrates success with unprecedented footfall and lettings activity.

SWIP Property Trust purchases £260m portfolio from Aviva

SWIP Property Trust (SWIPPT) has concluded the purchase of a 12-property portfolio from Aviva Investors for circa £260 million, showing a net yield in the region of 7%.

Fill your boots with property shares?

Shares in Real Estate companies have doubled since March 2009. However, financial website The Motley Fool - Fool.co.uk - believes further gains are possible.

Tax rule changes on holiday properties could stifle trade

Government plans to change tax rules on holiday properties could leave eight in ten small businesses in the holiday sector at risk of closure, the Federation of Small Businesses (FSB) has warned.

Distressed commercial properties increase

Over eighty percent of countries surveyed saw a rise in distressed sales in the commercial property market, says latest RICS research.

New look for Sheffield’s Aspect Court

New look for Sheffield’s Aspect Court

Exciting plans for the major refurbishment of Aspect Court, situated on Pond Hill and formerly occupied by the Home Office, have been approved and include transforming the exterior as well as the reception area of the centrally located seven storey building.

AEGON to launch innovative property fund

AEGON Asset Management is to launch an innovative property fund for investment professionals, which aims to take advantage of the increasing healthcare needs of the UK's ageing population.

Faulty heating could be costing your business thousands

With colder weather drawing in, businesses are turning on their heating systems to keep employees happy. But old or faulty heating equipment could be using more energy than new efficient systems, thereby costing businesses significantly.

Accuracy of valuations holds up despite the downturn

The accuracy of commercial property valuations increased in three of largest property investment markets in Europe, with the majority of valuations falling within 10 percent of sale prices.