IM Properties — owned by Lord Edmiston, Britain’s 22nd richest person — has agreed to buy Solihull’s Fore Business Park for £21m. Developed by BAM as a speculative build in 2009, the West Midlands’ park is adjacent to Junction 4 of the M42... Read More
Business space investor and manager, Segro, has demonstrated its commitment to the Midlands’ logistics “golden triangle” by acquiring three distribution warehouses in the region for just under £50m. The portfolio — made up of fully let... Read More
The announcement that the Gherkin has been placed on the market is expected to ignite interest among overseas investors. 30 St Mary Axe, one of London’s most recognisable landmarks, collapsed into receivership earlier this year after the... Read More
Manchester City Council has asked for a meeting with the new owners of One Piccadilly to discuss the future of the controversial Piccadilly Wall. The landmark is part of the £75m sale of the block of offices and restaurants at the Portland Street end... Read More
Detroit, which is now making positive steps towards economic recovery following last year’s bankruptcy, is being urged to court Chinese investment to bring jobs and prosperity to the city. The call comes from former US Treasury Secretary Henry... Read More
More than 600 investors and developers have voiced an interest in buying South Africa’s Formula One Kyalami racetrack. The 2.6 mile circuit is being sold at auction with a court imposed reserve of £11m. Johannesburg’s High Court ordered the sale... Read More
Spain is set to overtake Ireland as the destination of choice for investors who are prepared to take a risk on the market, according to a report released by international property advisers Cushman & Wakefield (C&W). It estimates that European... Read More
As prices in the London commercial property market in London continue to soar, investors are increasingly turning to the leading regional markets. One of the prime locations is Manchester, with investment managers at Schroders now actively seeking... Read More
Northern Ireland businesses have invested over £5m in new industrial and warehouse space in the first half of this year, according to a new survey. The commercial property and real estate adviser, CBRE, claims that growing demand and the need to... Read More
Multi-million pound regeneration plans for the centre of Birmingham have been boosted by the announcement that HS2 Ltd — the company behind Britain’s new high speed rail network — is moving its operational headquarters to the city from... Read More
