Investment in West End office property soared to £5.1 billion in the half year to June 2013 new research reveals. The figure represents a huge 68 per cent year-on-year increase on the same period in 2012 and confirms that confidence in the sector remains... Read More
Cardiff Council has successfully completed the purchase of two buildings and a plot of neighbouring land essential to the Capital Square regeneration scheme. Now locally based commercial developers Rightacres Property can finally move forward with the... Read More
Domestic property investors are turning towards the regions as overseas money continues to dominate the London Market, according to Knight Frank. The news follows a series of reports suggesting that the improving economy is stimulating demand and the boom in... Read More
The BDRC have signed a deal to lease the Silverstone Industrial Estate, as well as the development land around the outside circuit, to MEPC. Under the terms of the deal, the property company will take a 999-year lease at a cost of £32 million. This amount... Read More
The tourism industry has enjoyed a significant bounce-back since the recession, with the Olympics last year encouraging international visitors to see the sights in the UK. In turn, this has led to a boom in hotel developments, with a number of different... Read More
Supermarket giant Tesco is to lend Investment Company Yucaipa Companies £80 million to take the loss-making Fresh & Easy stores off its hands, marking the end of a six-year struggle to crack the U.S. market. Tesco has confirmed Yucaipa will... Read More
British Land has announced that it has signed an agreement to purchase 50 per cent of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The other 50 per cent of the property is owned by Aviva Investors. The acquisition is expected to be... Read More
The price of farmland in the UK has hit record levels during the first six months of 2013. Prices have more than trebled in little under a decade, according to data contained in the RICS Rural Land Market Survey HI 2013. During the first six months of... Read More
Hotel transactions in the United Kingdom in the first six months of 2013 increased nearly fourfold compared to the level of activity during the last half of 2012, according to analysis conducted by Deloitte. The sale of the Intercontinental Hotel is among... Read More
Outline plans for a 190-metre tower have been approved by Tower Hamlets Council. A proposal, for a three-storey development, at Heron Quays West, was first approved in 2008 but the project was abandoned following the financial crash. The latest plan is... Read More
