The Crown Estate has formed a £345m partnership with a Chinese state-backed property group to buy one of the UK’s biggest retail parks. The acquisition of the Fosse Retail Park in Leicestershire is the largest acquisition in the company’s near... Read More
CBRE Global Investors has acquired Birmingham’s Great Western Arcade and Ten Colmore Row from Aviva Investors. The deal, the price of which reflects an initial net yield of 7.4 per cent, closed at £15.1 million and offers CBRE Global Investors the... Read More
In what is thought to be the biggest ever Scottish office deal, a Scandinavian oil services company has leased all three first phase buildings at Aberdeen International Business Park (AIBP). Under the contract, Oslo-based subsea engineering services... Read More
Guests staying at The Shard’s Shangri-La Hotel can now enjoy a dip in Western Europe’s highest swimming pool. The 34 ft infinity “skypool” joins the fully equipped gym on Level 52 of the mixed-use tower, offering bathers unparalleled views of... Read More
The high street was one of the big casualties of the financial crisis with town centres nationwide recording steep increases in vacancy rates. Fortunately, this trend appears to be reversing thanks to the ongoing economic recovery, with July’s shop vacancy... Read More
As the supermarket price war rages on, the biggest brands in the country are turning to online and convenience stores as a means of winning customers from rivals. However, Morrisons has now added a new dimension to the competition by announcing it will now... Read More
Jaguar Land Rover (JLR) has confirmed it is establishing its high-performance and luxury vehicle operation at a Warwickshire site which once housed a Peugeot car plant. The Prologis owned site at Ryton is not far from JLR’s existing Coventry... Read More
A North-East development trust is seeking funding to transform empty space at one of the region’s oldest railway stations into a start-up business hub. Morpeth station was created by architect Benjamin Green — who with his father, John, was... Read More
Wanda Group, the Chinese conglomerate also known as Dalian Wanda Group, has successfully outbid several other parties interested in a prime site in Beverly Hills. The company plans to build a mixed-use $1.2 billion project on the site, according to published... Read More
Less than two years after it went into administration a West Yorkshire-based clothing retailer has unveiled multi-million pound expansion plans — making it one of the fastest growing companies on the high street. On the brink of bankruptcy — and... Read More
