The former Mayfair offices of Jones Lang LaSalle (JLL) have been sold to one of India’s biggest real estate companies for a reported £155m. Indiabulls Real Estate acquired the 87,444sq ft building at 22 Hanover Square from Scottish Widows Investment... Read More
With more than £1bn of prestige retail property across Britain currently up for sale it’s emerged that The Crown Estate is a leading bidder for one of the country’s biggest out-of-town shopping parks. Bids for Leicester’s Fosse Shopping Park —... Read More
Following last week’s reports that the London headquarters of law firm Clifford Chance was attracting interest from Chinese investors, Canary Wharf Group (CWG) has confirmed the sale of the 32-storey skyscraper. In a statement the group says that the... Read More
A North-East property investor has filled all but three units of an ailing Middlesbrough industrial park— just two weeks after acquiring it from a Scottish fund manager. Until now Geoff Hogg’s Teesside-based JR Property Developments has... Read More
A state-owned Chinese insurance company is involved in discussions to buy the headquarters of the Clifford Chance law firm. This development is further evidence that London's commercial property market is firing on all cylinders. Funds controlled by... Read More
One of the tallest buildings in Manchester has been sold for £7m above the asking price. City Tower, in Piccadilly Gardens, was placed on the market earlier this year for £125m and immediately attracted interest from potential buyers. In April it was... Read More
North Staffordshire is known throughout the world as a centre of pottery production, with many of the most celebrated manufacturers emerging from Stoke-on-Trent. However one of the most iconic of these firms, Wedgwood, has confirmed that it has sold part of... Read More
China's richest man Wang Jianlin has paid €265m (£213m) for an historic Madrid skyscraper, prompting speculation that a key district of the Spanish capital will now attract badly needed investment. In a stock-exchange announcement the financial... Read More
The retail industry remains one of the slowest areas of the British economy to gain full recovery status, yet this does not mean that all retailers within the sector are struggling. Conversely, budget retailers in both the supermarket and fashion categories... Read More
South African retail property specialists, Resilient Property Income Fund, has completed the negotiations to buy Jubilee Mall in Hammanskraal, located north of Pretoria, from NAD Property Income Fund.. According to the company, the acquisition is part of the... Read More
