Real estate services provider, Savills, admits it is expecting “worldwide interest” in a trio of premier office buildings it is selling on Glasgow waterfront. The agency — which is looking for offers in excess of £62.5m for the Atlantic Quay... Read More
Stanhope and Mitsui Fudosan have completed the purchase of the BBC’s Media Village in west London, which will now be known as White City Place. Under the terms of the agreement, the BBC will receive £87 million for the sale of four acres of freehold... Read More
International investment group, Aberdeen Asset Management, has sold a Tyneside retail park for £46.25m in an off-market deal. Newcastle Shopping Park, three miles from the city centre, has been acquired by M&G Real Estate. The London-based M&G... Read More
The biggest real estate investment trust in America is believed to be the front runner among four potential buyers in the €1bn (£718m) sell-off of Ireland’s largest shopping centre. Simon Property Group — which owns more retail centres and malls... Read More
Following the recent acquisition of New Look’s Newcastle-under-Lyme distribution centre, Tritax Big Box has added another major asset to its growing portfolio. Today, the real estate investment trust (REIT) has announced that it has exchanged... Read More
A little over a month after it paid £47.5m for an Ipswich retail park, Rockspring has spent another £36m to buy Abingdon Business Park from Standard Life Investments. The Oxfordshire park— which includes 393,000 sq ft of office and industrial space... Read More
LaSalle Investment Management has embarked on the marketing of a seven centre portfolio of secondary retail destinations on behalf of Mars Pension Funds. The portfolio includes the Kingdom Centre in Glenrothes, which has already begun to spark significant... Read More
Secure Income REIT has announced that it has exchanged contracts for the sale of the London property occupied by Madame Tussauds to Taiwanese investor Fubon Life, in a deal worth £332.5 million. Madame Tussauds has occupied the property for the past... Read More
A Welsh council is selling off a watersports adventure centre as a potential development site because it claims the former Prince’s Trust complex is too expensive to run. Pembrokeshire County Council has now hired commercial property adviser,... Read More
Schroder Real Estate Investment Trust (REIT) has this week announced the acquisition of a top Bedford retail park. The REIT snapped up the freehold interest for St John’s Retail Park 1.5 miles south of Bedford town centre in a deal worth £31.8... Read More
