Ireland’s National Asset Management Agency (NAMA) has put a €110m (£87m) price tag on a package of five out-of-town shopping centres it is offering for sale. The retail parks portfolio is the first to be sold as a single lot by the agency and... Read More
An unexpected rise in demand for offices in the Indian city of Bangalore has resulted in a flurry of movement on building sites as contractors are working hard to complete delayed commercial projects. Several funds are actively looking to invest in... Read More
Working is about to start on Gateshead’s first speculative light industrial estate for more than six years thanks to European and local cash incentives of almost four-million pounds. The 6.5-acre park is being built next to the A1 (M) at Birtley by... Read More
Hibernia REIT’s chief executive Kevin Nowlan confirmed at the company’s general meeting that the firm has begun discussions with domestic and international lenders about obtaining funding for Irish commercial property. Since €372m in equity has... Read More
Hungary saw an impressive 35 per cent increase in commercial real estate investment in the first half of this year, according to research published by property consulting firm CBRE. Both Hungary and the Czech Republic were able to benefit from the... Read More
As consumer confidence continues to grow, shopping centre owners are benefiting from a boom in spending and an increase in retail tenants looking to expand their store portfolios. This has seen Intu Properties enjoy a successful first half, with revenues and... Read More
Internationally renowned artist Damien Hirst has been given the green light to press ahead with a mixed use development on the outskirts of a Devon town. The outline plan for 750 homes, together with a school, health centre, shops and offices - which... Read More
Turning its back on an “overheating” London, business buyout specialist Aurelius has focussed its attention — and its £175m war chest — on potential Scottish targets. The mergers and acquisitions (M&A) company, which was last year named... Read More
A 10-month-old Sheffield property company has negotiated a deal for Marks & Spencer which will see the retailer take more than half-a-million square feet of space at the city’s International Rail Freight Terminal. The agreement is the firm’s fifth... Read More
