Land Securities has today announced it has unconditionally agreed to purchase the leasehold interest in in a 1.9 acre site in the City of London for £16.5 million. The site, which currently comprises an unoccupied 1970s office building and a TfL... Read More
Scotland now represents the second largest investment region outside London. Last year commercial property deals north of the border surged by 82 per cent. But despite a survey by consultants Jones Lang LaSalle (JLL) claiming that a total of £3.2bn... Read More
The drop in the value of the Canadian dollar has not curbed the appetite of Canadian commercial investors for property south of the border. According to a survey cited by the Financial Post, early results indicate that US$ 2.75 billion has already been... Read More
The Starwood-owned Irish property company, Gangkhar, is selling an historic Dublin police headquarters to Hibernia for €70m (£52m). The off-market deal is the investment trust's fourteenth — and its second biggest — acquisition since its 2013... Read More
Irish real estate investment trust, Hibernia, has confirmed it is sitting on a €286m (£214m) acquisitions war chest partly funded from the disposal of around a third of the Dorville portfolio it bought from Ulster Bank a year ago. In an interim... Read More
The Royal Bank of Scotland (RBS) has confirmed an £18m refinancing deal with Oxenwood Catalina, a Carribean-based investment joint venture formed by Oxenwood Real Estate and Catalina Holdings. The extra cash has allowed the Bermuda registered... Read More
The building housing one of London's longest standing attractions is being offered for sale. Property entrepreneur, Nick Leslau, is asking at least £300m for the Marylebone Road premises occupied by Madame Tussauds wax museum since 1884. The... Read More
The Crown Estate has taken advantage of a strong market in the south of the UK by offloading two industrial assets in deals worth a combined total of £21.5 million. Crown Industrial Estate in Taunton was acquired by Legal & General Property, on the... Read More
A 12-month forecast from one of Britain's biggest property players has warned that the UK markets "are about to tip from being undervalued to overvalued". The prediction comes in DTZ's 2015 Outlook, which says the single most important issue impacting on... Read More
Delancey has confirmed reports that it is open to offers for The Walbrook Building in the City of London. No prospective buyers have been named at present, with Delancey saying only that they are involved in talks with ‘a select group of global... Read More
