The dire shortage of industrial and warehousing premises within the M27 corridor could soon be over, according to commercial property consultants Lambert Smith Hampton (LSH). There have been no significant speculative developments within Hampshire’s... Read More
After increasing interest from international investors Bruntwood has sold Manchester’s 30-storey City Tower to asset manager Schroder for £132m — seven million above the regional landlord’s asking price. The sale of the 615,000 sq ft tower is... Read More
Pioneering property forecast to become the norm by 2025 A pioneering system that uses combined solar technology and thermal energy to provide year-round power is being installed in a British commercial property for the first time. Called the Zero... Read More
Hereford’s trouble-hit Maylord shopping centre has a new owner with promises of “significant developments” over the next few months. Lunar Holdings Sarl — a joint venture between real estate investors Apollo Global Management and M&M Asset... Read More
The Luxembourg-based global investment group Flacks has paid £1m for a neglected German airfield it hopes to transform into an “emergency airport” and cargo hub. Cottbus Drewitz airfield is 50 miles east of Berlin and, because of its remote... Read More
Czech commercial property investment increased by 4 per cent per year to €268m in the first quarter of the year, according to property consulting company DTZ. Full-year investments are projected to exceed €1bn. Investment in office space made up... Read More
Prologis and the Emirati marine terminal and port operator DP World have teamed up to speculatively build a distribution centre at London Gateway Logistics Park. The fifty-fifty 316,000sq ft joint venture is being designed to offer the maximum... Read More
Environmental issues have become increasingly important in new commercial property builds, with initiatives such as rainwater recycling and natural air conditioning lowering utilities costs for tenants whilst simultaneously contributing towards the UK’s eco... Read More
Commercial mortgage bond investors, tired of waiting for the European market to recover after the financial crisis, have started lending directly Bloomberg reports. The 2007 European real estate crash triggered a number of defaults that had a severe... Read More
Three Irish shopping centres are about to go up for sale as the market heats-up. Lloyds is preparing to sell the Douglas Court shopping centre in Cork, the Bloomfield shopping centre in Dun Laoghaire, and part of the Eyre Square centre in... Read More
