Development Securities has used the profit from an investment portfolio to acquire the non-food element of a North-East shopping centre. The London-based company paid more than £19m to acquire a 185,000 sq ft share of The Killingworth Centre from supermarket... Read More
The Standard Life subsidiary, Ignis Property, has paid £30m for two prestige office and residential buildings at the heart of London's Southbank regeneration scheme. Sold by the trustees of the SE10NE Co-ownership — a special purpose vehicle holding... Read More
One of the largest factories in the South West, Woodberry Bros & Haines (WBH) Ltd furniture factory, has been sold to Briarwood Products for an undisclosed amount by the Restructuring and Recovery team at GVA in Bristol. The 500,000 sq ft WBH Highbridge... Read More
According to Savills, the international real estate advisers, US and Chinese investors will play a big part in the London commercial property market in 2015. This is in line with reports that last year, China invested more than all European buyers... Read More
The joint venture between Legal & General Capital (L&G) and Dutch eco-pension fund manager PGGM has made its first partnership investment with the purchase of a central London property for £67m. With a launch war chest of £375m, the London... Read More
Shopping centre transactions during 2014 reached volumes not seen since prior to the recession, DTZ reports. Last year, investment transactions in the UK reached £5.83 billion, with 101 shopping centres bought or sold in 70 separate transactions.... Read More
A new initiative launching next week by Transport for London (TfL) will offer investors and developers the opportunity to battle it out for prime commercial space. TfL has announced that it will be placing 50 tube stops, bus stations and other... Read More
Malaysia’s lifestyle property development group, Eastern & Oriental Bhd (E&O), has made its third foray into the London property market with the purchase of two offices buildings for £57m. Three years ago it paid Glasgow City Council... Read More
Less than six week after the sale of the historic Old War Office, the Ministry of Defence (MoD) has admitted it will need to sell off more property and land if it is to keep pace with Government savings. Although the department's finances are "in a... Read More
Property investor and developer Bruntwood, has purchased the former head office of KPMG, for an amount rumoured to be around £10 million. The acquisition of Two Cornwall Street was mentioned in Bruntwood's 2014 annual results, which boasts an impressive... Read More
