Monthly Archives: May 2014



Christianity and Commerce to share new Washington Development

Posted on 5 May, 2014 by Jodee Redmond under Commercial Developments, Worldwide Property News

JBG Cos. has entered into a partnership with ICG Properties and Rittenhouse Partners to develop a trophy office building on Washington DC’s lower 16th Street corridor. Recently, representatives from the three companies were joined by city officials... Read More

Agents appointed for Birmingham’s Paradise Circus Development

Posted on by Cliff Goodwin under Commercial Developments

CBRE and GVA — two of Birmingham’s highest profile property consultancies — have been appointed as joint agents for the first phase of the city’s ambitious Paradise Circus development. Work is due to start on the massive project later this year... Read More

Insurer first to include Cyber-Attack Property Damage Cover

Posted on 4 May, 2014 by Cliff Goodwin under Business News, Industry News

American International Group (AIG) is thought to be the first company in the world to offer cyber insurance cover that includes damage to commercial property. In a unique move, the global insurer has also expanded its protection to compensate for security... Read More

Blackstone beats rivals to Project Tower Portfolio

Posted on by Cliff Goodwin under Commercial Sales and Lets

Blackstone — which already claims to be the world’s biggest property owner — has agreed to pay Ireland’s National Asset Management Agency €1.1bn (£904m) for a loan portfolio once controlled by developer Michael O’Flynn. Known as the... Read More

Retail Parks and Shopping Centres in Demand

Posted on 3 May, 2014 by Kirsten Kennedy under Commercial Sales and Lets

While demand for high street retail property remains mixed, there is no shortage of interest in retail parks and shopping centres, with British Land the latest to benefit from an upturn in the market. The property investment firm has this week... Read More

Swire Hotels to deliver Multi-Use Development in Downtown Miami

Posted on by Jodee Redmond under Commercial Developments, Worldwide Property News

Swire Hotels, the Hong Kong-based company, will expand its holdings into the U.S. market with the opening of EAST, Miami at Brickell City Centre. The hotel will be located within its $1.5 billion mixed-use development, which will open its doors to guests next... Read More

Turnaround Plan begins to yield results for Home Retail Group

Posted on by Kirsten Kennedy under Business News

Only a couple of years ago, industry analysts were predicting a Woolworths-style exit from the retail industry for Home Retail Group’s Argos and Homebase brands. The recession, teamed with poor weather over the summer and a rise in popularity for internet... Read More

Two new tenants confirmed for Walkie-Talkie

Posted on 2 May, 2014 by Neil Bird under Top Properties

Canary Wharf Group and Land Securities’ 20 Fenchurch Street is now 87 per cent let, the developers have announced. The news comes following yesterday’s confirmation of two new tenants for the 37 storey City tower, popularly known as the... Read More

Record Year for Warrington Commercial Market as Golden Square sale moves closer

Posted on by Cliff Goodwin under Commercial Sales and Lets

LaSalle International Management has been named as the preferred new owner for Warrington’s  Golden Square shopping centre. Confirmation of the £115m deal comes just days after the release of new figures showing industrial property take-up in the Cheshire... Read More

Everton identifies potential site for New Stadium

Posted on by Kirsten Kennedy under Commercial Developments

Move will be part of wider regeneration scheme Following last week’s announcement that Liverpool FC is set to expand Anfield, comes the news that neighbours Everton are, once again, looking for a site for a new stadium as part of wider regeneration plans... Read More