Ireland’s newly-formed Hibernia REIT has made its first investment by acquiring a €67m portfolio of property loans from Ulster Bank. The asset collection, which is held by RBS Capital Resolution, includes a mix of commercial and residential properties... Read More
With much of Europe enjoying a revival the real estate market, Cyprus continues to decline with January property sales plunging by almost a quarter, according to the island’s Department of Lands and Surveys. With thousands of unsold properties,... Read More
The Crossrail factor is boosting property demand in the areas set to benefit, with east London in particular reaping the rewards as investors seek to get into the game ahead of the improved transport link’s arrival. Fund management firm Clearbell... Read More
One of Cardiff’s biggest office developments has been sold to the international financial management company Fidelity Worldwide Investment for just over £11m. The 60,000sq ft Fusion Point 2 building on Dumballs Road was built as a joint venture... Read More
The Blackstone Group looks set to become the biggest foreign investor in Irish property after hinting that the majority of a newly-raised $5.5bn European fund could be targeted at Ireland. The war chest, officially called the Blackstone Real Estate... Read More
Green REIT — Ireland’s first real estate investment trust — has posted pre-tax profits of €121,000 just days away from clinching a €310m deal to buy a commercial complex in south Dublin. Established in June last year with a €301m London... Read More
The Towers — claimed to be one of the busiest public houses in Ireland — has become the latest in a string of Dublin licensed premises to be placed on the market by receivers. CBRE has confirmed it is looking for offers in excess of €1.2m (£999,000)... Read More
The London Olympics have left a lasting legacy in the UK, with a plethora of business and commercial opportunities created as a result of the flurry of activity surrounding the Olympic Park since the Games ended. However, while local businesses have certainly... Read More
In-site Property Solutions — which specialises in flexible leases for small and start-up businesses — has confirmed it has £2m to spend on new commercial properties. The Leeds-based company already owns and manages more than one-million square feet of... Read More
Intu Properties — which has interests in more than 15 UK retail complexes — has confirmed it is in talks to buy Westfield’s Derby shopping centre. It also wants to acquire Westfield’s half-share in Merry Hill in Dudley. If the both negotiations are... Read More
