Bankrupt Detroit has thousands of empty buildings that are being offered for sale at record low prices, and they are proving hard to resist for Chinese investors, who are buying up these unbeatable deals. With office buildings and factories sitting... Read More
The Humberside site on which British Aerospace developed its Hawk jet trainer — used by the RAF's Red Arrows display team since 1979 — has been sold in a £10m deal. East Yorkshire’s Humber Enterprise Park, on which BAE Systems still has a... Read More
Investment firm KSL Capital Partners has agreed a deal with hotel group De Vere for its Village Urban Resorts hotel brand. The deal includes a total of 28 branded Village hotels, with locations including Coventry, Dudley, Walsall and Solihull. However,... Read More
Less than a year after it moved into its new Dublin base, Facebook's headquarters is up for sale with an asking price of €163.8m (£131m) — making it the republic's most expensive single office building since the Celtic Tiger years. The... Read More
The City One development site in Leeds — subject to a lengthy legal wrangle over the building of Leeds Arena — has been acquired by Caddick Developments. London and Wetherby-based Caddick reportedly paid £10m to retrieve the 9.5-acre site... Read More
A specialist developer — which earlier this year snapped up Birmingham's historic Assay Office — has now completed South Yorkshire's largest property investment deal in decades. TCN UK, dedicated to creating unique and innovative workspaces for small... Read More
With Tesco’s financial issues growing more prominent by each passing quarter, executives have made the decision to cut back on non-essential spending as a means of patching the large black hole discovered in the group’s finances last month. However, it... Read More
As shopping centre owners nationwide attempt to capitalise upon the gradually improving consumer mood, a wave of expansions for developments around the country are being announced. One of the most significant expansion deals agreed of late is the Touchwood... Read More
The results of Quarter 3, 2014 Royal Institution of Chartered Surveyors’ (RICS) Global Commercial Property Monitor have been released, and Japan is on top when it comes to expectations of growth in commercial property values and rents. The survey also found... Read More
The office market in Washington, DC has lagged behind that of other major cities. The federal government has made budget cuts and corporations have slashed costs, which have meant vacancy rates for office space has increased and rents have stalled in The... Read More
