Preliminary data from Jones Lang Lasalle (JLL) shows that global real estate transaction volumes in Q2 remained unchanged year-on-year, despite Greece’s debt crisis and difficulties in the Chinese equity markets. Transaction volumes increased by 30... Read More
Selfridges has reportedly snapped up a £90 million property just a stone’s throw from its Oxford Street flagship store. According to the Evening Standard, businessman Galen Weston and his family, who are highly active within the Selfridges Group,... Read More
Nearly £1 billion was invested in UK shopping centres during the second quarter of 2015, according to research published today by DTZ. The global property consultancy reports that completed investment transactions during Q2 totalled £974.45 million... Read More
The Thackeray Estate says it will use the £16.25m it received from the sale of a Parsons Green site to fund several London acquisitions nearing completion. The asset manager and developer confirmed it has amassed a £300m war chest to expand its City... Read More
Commercial specialist Lambert Smith Hampton (LSH) has been hired to oversee the second round of property sell-offs by Newcastle City Council. Earlier this year the authority raised more than £10m from the disposal of unwanted land and buildings. In... Read More
Investment in the central London commercial property market could reach record-breaking levels this year, after first half volumes hit £9.4 billion. This figure has only been exceeded on two previous occasions, in 2004 and 2007, and easily surpasses... Read More
As prices continue to rise and supply falls ever further in London, international investors are increasingly finding it difficult to snap up prime properties in the UK capital. This, according to Collier’s International’s Midsummer Retail Report, is... Read More
More than £24m has changed hands in four separate West Midlands and Welsh commercial property deals. The biggest transaction — worth £17.4m — involves a yet to be completed retail park. Aberdeen Asset Management has bought the St Modwen developed... Read More
PATRIZIA has completed the acquisition of the 20 acre mixed use First Street site in central Manchester for an undisclosed price. The announcement comes just days after a detailed planning permission for a large modern office building was submitted in the... Read More
LondonMetric has exchanged conditional contracts with CDP Ltd, the development arm of the Marshall Construction Group, for the purchase and forward funding of a new 524,000 sq ft retail distribution centre development in Wakefield for £39.4 million. The... Read More
