A Midlands city is seeing its biggest retail sell-off in more than three decades after a landmark department store was put on the market with a reported price tag of £2.5m. The Heart of England Co-operative Society — one of the country’s oldest... Read More
Codenamed Project Orange — and containing one-million square feet of retail space — two of Britain’s biggest property companies have put a £300m portfolio on the market. Part of the Hercules Unit Trust (HUT), British Land and Schroder Real... Read More
Shopping centre acquisitions remain a key strategy for commercial property firms and funds, with the generous returns and growing rental value proving to be a powerful incentive for investors both at home and overseas. This has seen InfraRed Capital Partners... Read More
Planners have approved the latest hotel development scheme by footballers Gary Neville and Ryan Giggs. This time the former Manchester United pair want to transform the city’s historic stock exchange into a boutique hotel. The partnership — which... Read More
The Duchy of Lancaster – a private estate owned by Her Majesty The Queen - has paid more than £10.5m for two units on a Merseyside business estate and is seeking further acquisitions to add to its portfolio. Both warehouses on the Estuary Commerce... Read More
An agent acting in the multi-million pound sale of a landmark Newcastle office building says the acquisition demonstrates the returning strength of the North-East commercial market. Bill Lynn, director and head of agency and investment at the ES... Read More
Aviva Investors has sold Camberley office building, Pembroke House to Signature Senior Lifestyle, who will be redeveloping the 1980s property into a care home. Lambert Smith Hampton (LSH) acted on behalf of Aviva in the £4.9 million sale. LSH advised... Read More
The Pan-European property investment manager Meyer Bergman has paid £300m for the Vinopolis site in London. It intends to build almost 200,000 sq ft of high-end stores on the plot next to the capital’s Borough Market. Meyer Bergman European Retail... Read More
A family-owned property company has added to its portfolio with the acquisition of a former Wincanton distribution site in West Yorkshire, and is anticipating that 2015 will be the best year in its history. In-site Property Solutions — which... Read More
Birmingham based property group, Real Estate Investors Plc (REI) has unconditionally exchanged contracts to complete the acquisition of 35-37 Great Charles Street in a £1.85 million deal. The 24,500 sq ft office building is close to the new Paradise... Read More
