Aviva is planning to sell its book of distressed property holdings in a move that could raise as much as £400 million for the insurance giant. The sale is further evidence of increasing investor demand that is helping financial institutions recover... Read More
The owners of the Royal Exchange are believed to be close to completing the £80 million sale of the City landmark. Last month the Irish Bank Resolution Corporation (IBRC) appointed CBRE to advise on the sale of the historic building which is home to a... Read More
The Royal Brompton hospital is to sell 3.5 acres of prime location land in Chelsea. The three sites in question border King’s Road and Fulham Road and will be sold for residential and commercial development. The land sale has been described as one of... Read More
Commercial property investment in the Asian market appears set for a record year and it looks as though it will surpass pre-financial crisis levels. For the first nine months of the year, the region's commercial transactions totaled $89.6 billion, an increase... Read More
During the recession, charities tended to suffer greatly through a lack of consumers making donations to good causes. This was because household disposable income was so low that consumers gained the outlook of “every penny counts” and therefore looked to... Read More
Commercial property investors from the Middle East, Asia and the United States have declared London their location of choice, and the trend shows no signs of changing soon. There have been several high-value deals completed this year in central London,... Read More
St Martins, the property investment arm of the Kuwaiti government, is considering a bid for the More London development alongside Tower Bridge. The 53,000 sq m site includes City Hall, headquarters of Mayor Boris Johnson and the London Assembly. The... Read More
Intu Properties has closed a transaction worth £101 million on the Parque Principado Shopping Centre in Asturias in northern Spain. It is one of the country's top 10 shopping centres, and brings in nine million visitors each year. Prime tenants include... Read More
With UK airport capacity provoking considerable debate, the prospect of a potential closure in Scotland was seen as a problem for firms north of the border. Fortunately, this issue has now been resolved, with the Scottish Government confirming that Glasgow... Read More
In the first six months of 2013, North American investors made a strong showing in the European retail property market, according to CBRE. Sales were up 17 per cent over the same period last year, for a total of €15 billion. North American investors... Read More
