A property developer in London has secured the planning permission required to develop a former commercial premise into flats.

Interest rates will stay on hold when the Bank of England's Monetary Policy Committee meets this week, a poll has suggested.

Firms hiring commercial property space need to have a longer term and more "flexible" strategy to be able to deal with economic uncertainty, it has been argued.

The commercial property rental sector is bottoming out, with the market set to begin its recovery, it has been stated.

The announcement that Great Portland Estates is raising extra funds for investment in central London commercial property is a sign that it may be planning a major acquisition spree, it has been suggested.

There will be two distinct sectors in the commercial property market in the next couple of years as the country emerges from recession, it has been predicted.

HSBC has confirmed that it is considering the sale of its headquarters building in London as part of a major commercial property sale.

The practice of charging quarterly rental bills to those occupying commercial property has caused significant difficulties for retailers, it has been stated.

Those letting out commercial property to retail firms are being urged to be more flexible with rent terms, as quarterly payment demands are threatening the future of businesses who are struggling.

A major commercial property transaction has seen a retail development in Bradford being bought for £4.74 million.