October 9, 2025
Renewed investor appetite for high street retail and leisure markets, according to Lismore research

Renewed investor appetite for high street retail and leisure markets, according to Lismore research

Lismore’s latest investor research indicates growing confidence in Scotland’s prime city centre retail and leisure markets, with both Glasgow and Edinburgh seeing renewed investor interest. Strong tenant demand, attractive entry yields and signs of rental growth are helping to re-establish the investment rationale for these markets. Vacancy levels on Buchanan

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Modern Electrical Upgrades for Older Homes

Modern Electrical Upgrades for Older Homes

Charming older homes, while resplendent in character and history, often come with their own set of challenges. Of these, electrical systems could be of primary concern, particularly if they haven’t been upgraded for a long time. This article discusses the various modern electrical upgrades necessary for older homes to ensure

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Plasma technology reshapes surface finishing in construction

Plasma technology reshapes surface finishing in construction

Plasma technology is transforming the construction industry by offering advanced surface finishing solutions that are both efficient and environmentally friendly. This innovative approach is rapidly gaining traction as a preferred method over traditional techniques. Surface finishing is essential in construction, ensuring materials are durable and visually appealing. As the industry

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Latest Issue
Issue 333 : Oct 2025

October 9, 2025

Renewed investor appetite for high street retail and leisure markets, according to Lismore research

Renewed investor appetite for high street retail and leisure markets, according to Lismore research

Lismore’s latest investor research indicates growing confidence in Scotland’s prime city centre retail and leisure markets, with both Glasgow and Edinburgh seeing renewed investor interest. Strong tenant demand, attractive entry yields and signs of rental growth are helping to re-establish the investment rationale for these markets. Vacancy levels on Buchanan Street in Glasgow and George Street in Edinburgh are virtually zero, while Princes Street in Edinburgh is below 10% and continuing to fall. This tightening supply is underpinning investor confidence, despite wider economic headwinds. Lismore’s quarterly investor sentiment survey highlights that 59% of respondents would consider investing in high street retail, with the strongest appetite among property companies (65%), followed by investment managers (56%). Funds remain more cautious, with only half expressing interest, often citing small lot sizes as a barrier. Across all groups, investors stressed that opportunities must be in prime micro-locations, particularly Scotland’s key high streets, where rebased rents and demonstrable demand create a compelling case. Secondary and tertiary towns remain largely out of favour. Expectations for prime high street yields over the next 12 months are broadly stable, with 55% of respondents predicting no change. A further 41% expect yields to harden, while only 3% anticipate any softening. Investor opinion is overwhelmingly in favour of mixed-use as the key to creating vibrant high streets in Scotland’s prime city centres, with 93% of respondents preferring it to pure retail/leisure. This view is consistent across all investor types, with 86% of property companies, 83% of funds and 90% of investment managers agreeing. Investors also warned that mixed-use schemes cannot succeed without addressing wider challenges, including parking charges, planning constraints, fragmented ownerships and poor shopping environments. Positive examples in Edinburgh and parts of Glasgow show how combining residential and well-occupied offices can help attract high-quality retailers and support leisure uses. Chris Thornton, Senior Associate at Lismore added: “We’re seeing renewed momentum in retail investment, as pricing becomes compelling relative to sectors like logistics. The future of high streets lies in making them true destinations, blending retail, leisure, hospitality and culture. Prime streets and dominant centres are already showing rental growth as retailers compete for the best space, but success remains highly location-specific and reliant on mixed-use strategies alongside public sector engagement. “Investor sentiment towards prime retail and leisure in Glasgow and Edinburgh is clearly improving, but selectivity remains key. With strong demand for the very best streets and rebased rents supporting early signs of growth, there are reasons for cautious optimism. The full Lismore Quarter 3 2025 Review, including Research Findings & Expert Views is available to download from: HERE Building, Design & Construction Magazine | The Choice of Industry Professionals

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Ideal Heating launches national campaign with Andy’s Man Club - supporting men’s mental health

Ideal Heating launches national campaign with Andy’s Man Club – supporting men’s mental health

Ideal Heating has confirmed its continued support for Andy’s Man Club (AMC), strengthening a partnership that puts men’s mental health front and centre – and uses Ideal’s reach in the trade to signpost men towards support. With more than 87,000 installers across the UK and a big presence in a male-dominated industry, Ideal Heating is in a unique position to help start conversations that many men find hard to begin. This autumn, Ideal is running a nationwide programme of activity to encourage conversation and raise funds for men’s mental and physical wellbeing – with installers and Ideal’s own teams all getting involved. AMC is a men’s suicide-prevention charity with a simple but powerful message: It’s Okay to Talk. The organisation runs more than 300 free peer-to-peer support groups every Monday evening, in person and online. Thousands of men attend each week, making AMC one of the fastest-growing movements for men’s mental health in the UK. Championing conversations with trade counter events Throughout October, Ideal’s Area Sales Managers will host Mental Health Awareness Days at trade counters in partnership with AMC. Installers visiting participating branches will be able to meet AMC reps, pick up information and resources, and join light-hearted activities designed to break the ice and open conversations. We’ll also be highlighting our ongoing support for Andy’s Man Club and making sure installers know where to turn if they or someone they know needs help. To find out more about where to access these events and other mental health resources, visit the blog: Backing the Boys: Our Nationwide Autumn Campaign with Andy’s Man Club. Movember activity In November, Ideal will go all-in for Movember, raising funds for both AMC and Prostate Cancer UK. Installers can join the Mo Wall of Fame by snapping a moustache selfie – real or stick-on – at trade counters across the country. The Ideal team will also take on a Move for Movember challenge, completing 100 miles in Movember, by walking, running and even stair climbs – raising awareness and funds for men’s mental and physical health. You can support the fundraising by donating here. Lucas Whitehead, Head of Marketing and Partnerships at Andy’s Man Club, said: “Support from companies like Ideal Heating helps us reach more men across the country. Every flyer handed out, every chat at a trade counter and every moustache photo shared makes it easier for men to talk. It really does make a difference.” The partnership runs year-round, with Ideal and AMC continuing to look for new ways to reach installers, employees and communities with the message: It’s Okay to Talk. Ideal’s Head of Marketing, Luke Pykett said: “We’ve supported Andy’s Man Club for years, and that commitment hasn’t changed. By teaming up with AMC and adding Movember activity, we’re backing men’s mental and physical health across the trade. Installers are at the heart of what we do, and we want to use our platform to make a real difference – raising awareness, encouraging open conversations and raising vital funds. That’s ideal.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Savills strengthens property management team with appointment of new director Terri Mattison

Savills strengthens property management team with appointment of new director Terri Mattison

Savills has strengthened its property management team with the appointment of Terri Mattison, who joins as a director at the firm’s Finsbury Circus office in the City of London. Terri has a wealth of experience in UK real estate, specialising in facilities management. She joins from Knight Frank where she held the position of regional head of facilities management for Yorkshire and the Northeast, as well as national head of shopping centres. Prior to this, Terri spent seven years at CBRE where she was national head of facilities management operations. At Savills, Terri will hold the position of demised services retail director, which will see her launch and grow the retail demised services offering across the national shopping centre portfolio. A key focus is to expand the service offering to retailers directly and integrate alongside the retail operations team within property management. Alongside this, Terri will focus on engaging with centre management teams to identify opportunities for business growth within Savills. Terri Mattison, Director, Savills Retail Demised Services, comments: “I am excited to join Savills, especially given that this is a very interesting time for retail with the continued growth of technological innovations within the sector. I am looking forward to working with the rest of the facilities management team and Savills strong existing network of experts to grow this capability.” Jordan Newall, Director, Savills Facilities Management, adds: “We are very pleased to welcome Terri to Savills. Her appointment highlights the strategic growth of our facilities management team, and with her depth of knowledge of the industry, along with her extensive experience in the retail sector, we look forward to seeing Terri play an instrumental role in growing the Retail Demised Services offering across the national shopping centre portfolio at Savills.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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UTB & Iron Bridge Celebrate Partnership Which Has Delivered Over 550 Homes Worth Over £200m

UTB & Iron Bridge Celebrate Partnership Which Has Delivered Over 550 Homes Worth Over £200m

United Trust Bank (UTB) and Iron Bridge Finance are celebrating a substantial milestone in their 10 year relationship with the successful completion of a solution supporting a 42 unit development in North London taking the total number of new homes created through their collaboration to 558 and a combined GDV of over £213m. Since late 2015, UTB and Iron Bridge have jointly funded 17 developments, with UTB providing over £129m of senior debt and Iron Bridge providing £37m of mezzanine debt on a wide variety of residential and mixed-use developments and conversions. The 558 new homes created are located across England from Cambridgeshire and the Midlands down to the South Coast. Four further developments to be funded by UTB and Iron Bridge are also in the pipeline with a combined GDV of £90m and a further 212 units. The most recent jointly funded scheme was for the acquisition and eventual development of a redundant office building in North London with planning to convert the building to 42 new apartments and potential for an additional 18 units on two additional floors via airspace development. UTB is providing just over £7m of funding towards the acquisition, and Iron Bridge over £4m. The project has an estimated GDV of over £20m once enhanced planning has been obtained. Adam Bovingdon, Head of Property Development, United Trust Bank, commented: “We are delighted to celebrate this fantastic milestone with Iron Bridge Finance. Reaching 558 new homes with a GDV of over £213m financed together is a testament to the strength of our long-standing partnership. Since our first meeting with Lance, it was clear that he and the team shared our commitment to supporting ambitious housebuilders and developers. Over the last 10 years, our collaboration has consistently delivered innovative funding solutions that help bring much-needed homes and regeneration projects to life. Successful solutions like the one supporting this exciting North London scheme show just what can be achieved when two specialist lenders work together with a common goal – helping to create outstanding places for people to live. We look forward to many more successful years working together.” Lance Joseph, CEO of Iron Bridge Finance, commented: “This milestone means a great deal to all at Iron Bridge Finance. From my first conversations with Adam and the team at United Trust Bank, it was clear we shared the same vision – to back ambitious developers with innovative funding solutions and create real places for people to call home. Our partnership extends beyond funding, shown in our joint charity work supporting rough sleepers. Over the past 10 years, we’ve built not only a strong professional relationship but lasting friendships, enabling sites that might otherwise never have been delivered. With a strong pipeline ahead, supporting developers to create 212 new homes and with a GDV of £90m, we’re excited about what the next chapter with UTB will bring.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Modern Electrical Upgrades for Older Homes

Modern Electrical Upgrades for Older Homes

Charming older homes, while resplendent in character and history, often come with their own set of challenges. Of these, electrical systems could be of primary concern, particularly if they haven’t been upgraded for a long time. This article discusses the various modern electrical upgrades necessary for older homes to ensure they remain safe, efficient and convenient for today’s living standards. Hiring Professional Electricians When considering electrical upgrades, it’s vital to hire electricians in the Harrow area or wherever you’re based. They not only provide expert advice on what upgrades are necessary but can also ensure that the installation process is safely executed. Whilst tempting, deciding to handle electrical work independently greatly increases your risk of electrical fires or other hazardous outcomes.  Electricians are also well-versed in compliance with UK building regulations. These state that electrical installation work in dwellings must be reported to local authorities, something best managed by a professional. Updating the Electrical Panel In older homes, you may find that the existing electrical panel often lacks the capacity to handle the electricity load of modern appliances. Older panels are susceptible to tripping breakers, dimmed lights, and overheating. Upgrading to a newer model, such as a circuit breaker panel, can cater to high energy needs while also improving the safety of your home. Installing Additional Outlets The limited number of power outlets is another common issue in older homes. Today’s average household owns several dozen electronic devices, substantially more than what was expected when these homes were built. An upgrade to consider is thus the installation of additional outlets, which helps avoid overloading through the usage of power strips and extension cords. Ground-Fault Circuit Interrupters (GFCIs) A mandatory feature in new homes, Ground-fault circuit interrupters (GFCIs), are specialised devices designed to protect people from electrical shocks. They detect ground faults and rapidly disconnect the power to protect anyone using the appliance. Older homes tend not to have these safety measures, and including them in an electrical upgrade is highly advisable.  Adequate Lighting Solutions Upgrading your home’s lighting solution not only improves its aesthetics but also its energy efficiency. Opt for modern lighting solutions such as LED lights, which offer longer life spans and consume less energy. A professional electrician can advise on how to rewire the property for modern fixtures, opening up opportunities for features like dimmer switches and motion-detecting lights. Smart Home Capabilities The rise of IoT (Internet of Things) means more homes are becoming ‘smart’. In the era of Alexa, Nest thermostats, and app-controlled lighting, older homes may struggle to keep up. Wiring upgrades are often required to support this technology, with the potential inclusion of Ethernet cables and extra circuits. If you’re keen on incorporating these modern luxuries, enlisting an experienced electrician is crucial. Upgraded Wiring Systems The majority of aged properties feature wiring systems with a short lifespan, made with hazardous materials like aluminium or knob-and-tube systems. Modern homes primarily employ copper wiring, which is safer and more reliable. Ironically, whilst the older systems may work fine, insurance companies often refuse to insure homes with outdated wiring. Thus, a full-house wiring upgrade might just be in order. In Conclusion Upgrading older homes to meet modern electrical standards is a necessary intervention, aiming to increase convenience, prevent safety hazards, and adapt to technological advancements. This process is best approached with the assistance of a professional electrician, and even a construction project manager for bigger projects, who can ensure the upgrades comply with UK regulations. With the right modifications, even the most dated home can marry charm with functionality, further cementing our instinctual love for things both old and new.

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Plasma technology reshapes surface finishing in construction

Plasma technology reshapes surface finishing in construction

Plasma technology is transforming the construction industry by offering advanced surface finishing solutions that are both efficient and environmentally friendly. This innovative approach is rapidly gaining traction as a preferred method over traditional techniques. Surface finishing is essential in construction, ensuring materials are durable and visually appealing. As the industry leans towards sustainable practices, plasma technology is emerging as a revolutionary method for enhancing surfaces. Unlike older techniques, stainless steel electropolishing provides superior results with a reduced environmental impact. This method is particularly advantageous in the context of stainless steel electropolishing, offering significant improvements in performance and sustainability. Understanding plasma technology in surface finishing Plasma technology utilizes ionized gas to achieve precise surface finishing. This method stands out from traditional techniques like grinding or chemical polishing by delivering a smoother finish with minimal environmental consequences. Plasma technology significantly reduces waste and energy consumption, making it an attractive option for builders focused on sustainability. Traditional methods often involve harsh chemicals and labor-intensive processes, posing risks to both health and the environment. Compared to conventional techniques, plasma technology excels in efficiency and precision. It streamlines the finishing process by eliminating the need for multiple stages, thereby reducing time and labor costs. Moreover, plasma technology’s versatility allows it to be applied to various materials, enhancing their surface properties without compromising structural integrity. This adaptability is crucial as construction projects increasingly demand customized solutions for diverse applications. Improving construction materials with plasma applications The use of plasma technology in construction extends beyond surface finishing, enhancing the overall performance of materials. By increasing durability and resistance to environmental factors, plasma-treated materials contribute to longer-lasting structures. This advancement is particularly beneficial in high-stress environments where materials face extreme conditions. In addition to durability, the aesthetic appeal of these materials is significantly improved, offering architects and designers greater flexibility in their projects. Incorporating plasma technology into building design achieves more than just visual appeal. The enhanced properties of treated materials open new possibilities for innovative architectural designs that push the boundaries of modern construction. This integration aligns with trends toward sustainable building practices that prioritize efficiency and environmental responsibility. Environmental and economic benefits of plasma technology One of the most compelling advantages of plasma technology is its positive environmental impact. The process generates less waste compared to traditional methods, reducing pollution and conserving resources. The reduced energy consumption associated with plasma technology further enhances its sustainability credentials. This makes it an ideal choice for projects aiming to minimize their ecological footprint while maintaining high-quality standards. Economically, adopting plasma technology translates into significant cost savings over time. With reduced maintenance requirements and longer material lifespan, you can expect lower operational costs without compromising quality. Additionally, as modern construction techniques evolve, advancements like metal deburring techniques result in even more refined finishes that enhance product value.

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