Birmingham office space is in demand at the moment, with Grade A supply forecast to hit an 11 year low. This makes the recent acquisition of 57-63 Church Street by a development duo a potentially profitable investment while the city waits for additional stock... Read More
Hammerson has taken full control of Leicester’s Highcross shopping centre, buying out its joint venture partner for a sum of £180 million. Highcross was built in 2008, at an initial cost of £350 million shared between Hammerson and BIS Company Ltd,... Read More
One of Britain’s largest privately owned property companies is reportedly in the final stages of negotiating the purchase of the 2 million sq ft Blythe Valley Park near Solihull. A number of industry sources are claiming that IM Properties — which... Read More
A Cheshire based property and investment company has notched up an impressive £4m profit from a rapid double office turnover. Equity Growth Partners (EGP) acquired the adjoining Grade A Bristol office buildings earlier this year from the receivers... Read More
As property demand in London increases, developers claim the only solution is to build taller and taller. However, Transport for London (TfL) has come up with an alternative solution. Rather than looking towards the skies for new opportunities, TfL is... Read More
Rockspring Property Investment Managers have placed the Eastgate Shopping Centre in Gloucester on the market. Rockspring is currently in the process of offloading seven of its shopping malls around the country, in a process that could raise £275 million for... Read More
Shopping centre development projects rose sharply in the direct aftermath of the recession, although this has dropped somewhat in 2014 due to the continuing economic restraints experienced by commercial property owners. However, according to new information... Read More
DTZ Receivers has announced the sale of its second multi-million pound portfolio of distressed properties in less than a week. Yesterday we reported the real estate adviser has ordered the off-loading of a triple-asset portfolio that included two Scottish... Read More
Collapsed Irish management company assets hit the market A package of properties once owned by a collapsed Irish management company have been put on the market with a combined asking price of £132.3m. The triple-asset portfolio includes two Scottish... Read More
With news from Scotland revolving around the upcoming referendum, it is often forgotten that many businesses must continue as normal in the days leading up to the 18th. However, this has been brought into sharp relief by the sale of the Ferguson shipyard in... Read More