The Grosvenor Shopping Centre in Chester has been under the close scrutiny of property advisors for some time, with its recent £5 million investment seeing large scale improvements made to the mall’s rear entrance on Pepper Street. It has come as something... Read More
Despite an investment wobble in the run up to the independence vote, Edinburgh office take up reached a decade-long high last year. Around 875,000 sq ft of office space was transacted through lettings and sales in the Scottish capital during 2014,... Read More
The former site of the BBC headquarters for the North West of England is the latest target of Manchester property group Bruntwood. This six acre Oxford Road plot was originally sold for £10m back in 2011 when the broadcasting company made the move to... Read More
After nearly four months of negotiations one of Britain's largest privately owned property companies has paid close to £125m for a distressed Midland's business park. IM Properties — which already owns several sites in the Solihull area — has now... Read More
While the number of firms entering administration has lessened significantly since the peak years during the recession, they are still very much a reality in modern day Britain. This has recently been seen in the administration of the De Stefano Property... Read More
British Land has continued is winter clear out with the sale of a triple-asset portfolio to Legal & General Property for almost £220m. The latest disposal includes the Kingswood Retail Park near Hull for £58m, the House of Fraser building in... Read More
Investment in UK retail centres and central London shops hit a 10-year high last year, according to research by property agent Savills. Bouncing back to well above pre-recession levels, around £6.8bn worth of shopping centre transactions were... Read More
An American investment company had paid out £503m to scoop up a portfolio of distressed British commercial properties from multiple receivers. The London Stock Exchange-listed Kennedy Wilson Europe Real Estate purchased the sites from receivers... Read More
Family-owned Wilton Developments has sold its Latitude 135 distribution hub in a £9.3m deal — just days after a Scottish logistics company signed a ten-year lease on the 135,000 sq ft warehouse. Located within Latitude Park, an extension of... Read More
Increasing its exposure to the UK and Irish markets, the American private equity giant Cerberus has agreed to pay £2.3bn for two portfolios of distressed property loans. The Royal Bank of Scotland (RBS), and its Ulster Bank subsidiary, is reported to have... Read More
