At the end of another brick'n week, editor Stewart McIntosh reflects on how the bricks and mortar fared . . .
Monday 30 May
Not all developers hate their local planners. Tim Allan, of Dundee-based developer Unicorn Property Group, told us that his ‘forward thinking Council has led the way in a bold regeneration of the Dundee Waterfront and has followed rhetoric with hard money and action’.
Tuesday 31 May
Consumer confidence is flat on its back. A shudder ran along the high street with the news that 77% of British people are pessimistic about their job prospects, turning us into ‘a nation of savers’, according to the latest figures from the Nielsen Company and the British Retail Consortium.
Wednesday 1 June
There’s still some fizz left in the pub trade. Alan Gordon of agents DM Hall argued that lenders should be rolling out the barrel for would-be pub purchasers – there are licensed trade ‘gems’ available on the market.
Thursday 2 June
There’s still a strong appetite for real estate. Global commercial property, measured in local currency, delivered a 9.5% total return in 2010, said Investment Property Databank. Biggest growth in values was in US, UK and Sweden.
Friday 3 June
Bridgeton is no longer on the ropes. Clyde Gateway’s £10 million project to revamp the 100 years old Olympia theatre will: restore an iconic local building, create modern office space, and provide a training centre for elite boxers.
