Just days after it was put on the market Birmingham’s historic Assay Office has been snapped up by specialist developer TCN UK. Owned by Dutch parent company TCN, this is the first time its UK division has ventured into the Midland’s property market.... Read More
The number of distressed properties advertised for sale in Australian national newspapers has fallen to the lowest level in several years, which is being taken as further evidence that the commercial property sector is on an upwards trajectory. According to... Read More
Praxis Holdings has added a seventh shopping mall to its retail portfolio by acquiring the St John’s Shopping Centre in Preston. It’s also snapped up a Cheshire office building, with both deals costing the London-based property investor just £7m. The... Read More
Deepening cracks in China's housing market mean the country's major investors are looking elsewhere for new opportunities. Property investment has slowed down as bank funding tightens up. It accounted for around 12 per cent of China's gross domestic... Read More
Shopping centres have become key acquisitions for large investment portfolios, with a growing number of retailers seeking to expand reducing vacancy rates and raising returns throughout the country. This has seen demand for shopping centre assets in the UK... Read More
Tokyo's commercial property market topped an ongoing survey of the world's major cities in the first quarter of 2014, according to Jones Lang LaSalle (JLL). A surge in international interest led to total commercial property transactions in the city... Read More
A Midland’s development company has rounded off a three-month, multi-million pound investment spree by acquiring a redundant Birmingham city centre office block. Seven Capital has bought Britannia House — a 60,000sq ft office and retail property on... Read More
MEPC — a division of Hermes Real Estate — is shedding three of its seven business parks to allow it to pump at least £400m into Britain’s fast-growing science and technology sectors. The three sites up for sale through commercial agents Jones... Read More
After increasing interest from international investors Bruntwood has sold Manchester’s 30-storey City Tower to asset manager Schroder for £132m — seven million above the regional landlord’s asking price. The sale of the 615,000 sq ft tower is... Read More
Hereford’s trouble-hit Maylord shopping centre has a new owner with promises of “significant developments” over the next few months. Lunar Holdings Sarl — a joint venture between real estate investors Apollo Global Management and M&M Asset... Read More
