DTZ has published research revealing the top three most attractive commercial property markets for prime investment. The list is based on comparative property prices for each city in each of three markets: industrial, retail, and office. It lists the... Read More
The Crown Estate has formed a £345m partnership with a Chinese state-backed property group to buy one of the UK’s biggest retail parks. The acquisition of the Fosse Retail Park in Leicestershire is the largest acquisition in the company’s near... Read More
CBRE Global Investors has acquired Birmingham’s Great Western Arcade and Ten Colmore Row from Aviva Investors. The deal, the price of which reflects an initial net yield of 7.4 per cent, closed at £15.1 million and offers CBRE Global Investors the... Read More
The Singapore-based property group United Overseas Land (UOL) has made its first European investment with the acquisition of a landmark London hotel site. It paid £97m for Gerald Ronson’s Heron Plaza development in the City. The property tycoon was... Read More
The faltering recovery in the holiday market is forcing one Irish bank to speed up the disposal of its hotel assets — with other lenders almost certain to follow. Ulster Bank has confirmed the hiring of agents CBRE and professional services company... Read More
Property developer and investor MEPC has completed a £430m deal to sell three of its UK business parks to a joint fund controlled by Oaktree Capital Management and Patrizia Immobilien. The three sites now in joint US and German hands are the 1.2m sq... Read More
Land Securities has sold its 50 per cent stake in Bristol’s Cabot Circus shopping centre to Axa Real Estate in a £267.8 million deal, which also includes Quakers Friars and a number of surrounding city centre shops. Land Securities developed Cabot... Read More
Since the end of the recession, the majority of sectors within the British economy have enjoyed a significant upturn in fortune as consumers once more begin to accumulate disposable income. However, within the pubs sector, the story remains somewhat grim with... Read More
Defence Infrastructure Organisation (DIO)—which owns and manages the British military infrastructure —has confirmed it will consider offers for the Old War Office in London’s Whitehall later this month. Completed in 1906 and located on Horse... Read More
Independence jitters are being blamed for a dramatic fall in the value of Scottish commercial property deals. Despite an increase in the number of transactions the country’s second quarter figures fell by almost £250m. Aberdeen — where property... Read More
