Investors pumped around £4 billion into the Central London office market during the second quarter of the year, according to figures from CBRE. Unsurprisingly, overseas buyers led the stampede, accounting for 69 per cent of total investment. Thirty... Read More
Savills has increased its involvement with a Midland’s manufacturing hub by negotiating the sale of a development plot and agreeing to market two new zones within the scheme. The Homes and Community Agency and Birmingham City Council, joint owners of... Read More
Private investors in the Canadian commercial property market outstripped the country’s big pension funds in the last quarter, overturning the prevailing trend of the previous quarter. In the first quarter of 2014, pension funds dominated the market,... Read More
Football fans, worried that the sale of club-owned land will “lock in the capacity” of their Premier League stadium are demanding an urgent meeting with developers. Newcastle United is in the process of selling the lease of a 1.6-acre plot of land... Read More
Hermes Real Estate has this week concluded the sale of its leisure asset on Stoke’s Festival Park to the Valad European Diversified Fund for £14.5 million. The new owner has gained a fully let 130,000 sq ft property within the larger Festival Park... Read More
British Land has confirmed the letting of 36,000 sq ft of retail space at its Doncaster retail park. Both Next and Marks & Spencer Simply Food have agreed terms for units on the Wheatley Retail Park, joining retailers such as TK Maxx, Sports Direct and... Read More
Legal and General Property has confirmed its purchase of One Piccadilly Gardens in Manchester. The Grade A office building was sold for £75m and has tenants including Allianz Cornhill Insurance, Pizza Express, Caffe Nero and Pret a Manger contributing to a... Read More
The agents appointed to oversee the sale of the Gherkin are to embark on a global tour to meet the leading bidders for the City of London landmark, which entered administration in April. It is reported that over 200 potential bidders have emerged for... Read More
Less than 10 months before the Open Championship returns to the “Home of Golf” one of St Andrews’ most prestigious hotels has changed hands for more than £32m. Earlier this year the 209-room Fairmont Hotel was offered for sale at £37m with... Read More
A German investment fund has paid £74m for Auckland's landmark Lumley Centre office block in what is claimed to be New Zealand’s biggest commercial deal for more than six years. One of only five premium office towers in the North Island city, the... Read More
