With returns from retail assets hitting a five year high, a number of high-profile deals have recently been completed. One of the latest is the acquisition of Bramley Shopping Centre by Rockspring Property Investment Managers. The west Leeds shopping... Read More
The Church of England has sold a majority stake in its 400-year-old Pollen Estate in the heart of London’s Mayfair to a partnership led by the Crown Estate. Financed by Norway’s state wealth fund, the Crown Estate’s £381m offer was enough to see... Read More
Twenty English councils have been selected to take part the second phase of a programme to stimulate growth by releasing surplus Government land and property. Managed jointly by The Cabinet Office and the Local Government Association (LGA), the One... Read More
As regional activity continues to pick up within the commercial property market, areas which struggled during the recession are beginning to see a stronger level of investment. This has been the case in Yorkshire, where total commercial property investment... Read More
Sales of Melbourne commercial real estate have nearly doubled over the year to June, according to agents. During the last financial year, more than $6.6 billion in retail, industrial, and office transactions were finalized, compared with $3.77 billion... Read More
Internet giant Google — better known for buying out internet rivals and software companies — has now turned its attention to commercial property. In the second quarter of this year alone it spent $2.6bn (£15.4bn) on capital expenditure. Although... Read More
The Co-operative has announced the sale of its farming business to the Wellcome Trust in a deal worth £249 million. In total, the Wellcome Trust has gained 39,553 acres of land containing 15 farms, 27 commercial properties and more than 100... Read More
Ireland’s National Asset Management Agency (NAMA) has put a €110m (£87m) price tag on a package of five out-of-town shopping centres it is offering for sale. The retail parks portfolio is the first to be sold as a single lot by the agency and... Read More
National Australia Bank (NAB) is refusing to confirm the price of a portfolio of non-performing UK loans — last valued at £625m — it is selling to an affiliate of private equity firm Cerberus Global Investors, but admits it will “make a small gain”... Read More
An acquisition hungry investment company has continued its acquisition spree by buying nine retail units for £17.4m — bringing its property spending since its March launch to almost £130m. Within days of opening its books Leicestershire-based... Read More
