A Battersea alleyway has sold for over a quarter of a million pounds as the London property market continues to flourish. The alleyway, between a coffee shop and a charity shop, was sold at auction this week where it had a guide price of... Read More
Commercial property investment in the West Country looks set to hit a new record as global fund managers continue to look beyond the traditional markets, a new survey c. Third quarter figures for the South West — revealed in Lambert Smith Hampton’s... Read More
Britain’s biggest healthcare property owner and developer has added a new asset to its 230-site portfolio with the £12.3m purchase of Middlesbrough’s One Life Building. Originally developed by a group of local general practitioners under the... Read More
Following last week’s news that commercial construction in the West Midlands has hit a 20 year high, property professionals are now predicting that the region is on course for a record year of commercial investment. According to a new report by... Read More
With demand in Ireland’s commercial property market continuing to gather pace, the National Asset Management Agency (NAMA) has admitted it will run out of saleable assets in less than four years. The revelation — included in the state bad bank’s... Read More
An affiliate of CBRE Global Investors, Strategic Partners U.S., has bought Airport Corporate Center from Hines REIT. The 45-acre, 11 building office park changed hands for a reported sum of $132.3 million. Vance Maddocks, Strategic Partners U.S.... Read More
London based investment and asset manager, Ellandi, has acquired The Strand Shopping Centre in Bootle for an undisclosed sum. The community shopping centre specialist has assumed ownership of 356,700 sq ft of retail space with tenants including Marks... Read More
A neglected Suffolk hotel — once the home of a pioneering Royal Navy seaplane unit — has been sold for more than £400,000. Abandoned and vandalised for more than two decades the North Sea Hotel on Felixstowe’s Sea Road was recently branded “a... Read More
Lloyds Bank has confirmed it is considering three final bidders for a €2bn (£1.5b) Irish commercial buy-to-let portfolio it is selling. The three global contenders are Californian-based Oaktree Capital Management, investment bank Goldman Sachs working with... Read More
It has been confirmed that an offer has been made for Wolverhampton’s Mander Centre, which current owner Delancey placed on the market only a few months ago with a £50 million price tag. Although the identity of the potential buyer has not been... Read More