Commercial Sales and Lets



German Market attracts International Investors

Posted on 4 December, 2013 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Investors looking for a better return than London or other European markets are turning to the German property market to boost their portfolio. The rush for high yield investments has increased transactions by 18.6 per cent so far this year and is... Read More

Deka snaps up City Office Block

Posted on 3 December, 2013 by Cliff Goodwin under Commercial Sales and Lets

Prompted by rising rents in Britain’s biggest financial district, Deka Immobilien has paid almost £416m — 500 million Euros — for a City of London office building. Deka, buying on behalf of its open-ended real estate fund Deka-ImmobilienEuropa,... Read More

Marston’s to offload more than 200 Pubs to Property Investor

Posted on 1 December, 2013 by Kirsten Kennedy under Commercial Sales and Lets

Pub operator and independent brewer Marston’s is to sell more than 200 pubs to property investor NewRiver Retail in a deal reportedly worth £90 million. Although no details have as yet been revealed regarding the future use of the 202 properties, it... Read More

Ardstone Investment Spree Continues

Posted on 30 November, 2013 by Cliff Goodwin under Commercial Sales and Lets

Ardstone — the Irish investment firm — has completed a run of multi-million pound investments by spending £40m on a Birmingham office block. Notable for being one of the few Irish investors to have avoided the property crash, in September Ardstone... Read More

Canadian Firms get active in US Commercial Property Market

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Canadian companies have turned to the United States as a source of new properties, and are outpacing every other country in net real estate investment in the US market. The reason for this trend is a lack of availability at home, which means investors... Read More

Adderstone Group in Record Subsidiary Disposal

Posted on 28 November, 2013 by Cliff Goodwin under Commercial Sales and Lets

A North-East based company has completed the sell-off of two of its subsidiaries in one of the region’s biggest property transactions. The Adderstone Group has sold UK Ground Rent Estates Ltd and UK Ground Rent Estates (2) Ltd  for £17m in a deal... Read More

Rabbi and Billionaire in London Property Dispute

Posted on 26 November, 2013 by Jodee Redmond under Commercial Sales and Lets

Billionaire Gennadiy Bogolyubov is being sued by rabbi Yonah Pruss in a dispute over two central London properties which are worth hundreds of millions of pounds, the Evening Standard reports. The rabbi claims that he and Mr. Bogolyubov set up a joint... Read More

2014 forecast to be Strong Year for Global Office Market

Posted on 23 November, 2013 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

According to a report released by independent property consultancy Knight Frank, 2014 will be another year in which there will be stronger investment demand for prime office space worldwide. The Global Investment report indicated that improved economic... Read More

Chinese Banks plan Major City Acquisitions

Posted on 22 November, 2013 by Jodee Redmond under Commercial Sales and Lets, Industry News

Chinese banks are on track to complete a major global expansion which may see them acquire as much as 2 million sq ft of commercial space in the City of London over the next 10 years, according to a report from Savills. The report states that the... Read More

Cut Price Birmingham Landmark on the Market

Posted on 15 November, 2013 by Neil Bird under Commercial Sales and Lets

Birmingham landmark Alpha Tower is for sale at just a quarter of the price it was purchased for in 2008. Catalyst’s European Property Fund has placed Alpha Tower on the market for £10.25 million. Five years ago they paid Arena Central Developments... Read More