Ireland’s National Asset Management Agency (NAMA) has included Facebook’s new Dublin headquarters in one of five property portfolios it is selling off with a combined starting price of €600m (£372m), The organisation has hired property agents... Read More
Vacancy rates for Class A offices in Taiwanese capital Taipei have continued to drop in the last quarter leading to a slight rise in rents, according to Jones Lang LaSalle (JLL). Office vacancy rates decreased to 8 per cent during the three... Read More
The new owner of Manchester’s City Tower has confirmed it is hiring a planning team to look at ways of upgrading the area surrounding the building. Schroders Property Investment Management paid £132m City Tower in the summer. Fronting both... Read More
Student-led pro-democracy protests have resulted in negotiations for the sale of several Hong Kong commercial properties being postponed as investors get the jitters, according to property agents. Daniel Wong Hon-Shing, the chief executive at... Read More
Following his recent pledge to oppose a further extension of permitted development rights, London Mayor Boris Johnson has joined property groups and planners in calling for continued protection for key business districts. Under the government’s... Read More
Regeneration specialist St Modwen has confirmed it is expecting a “strong” rise in pre-tax profits this year buoyed by continued expansion in the commercial property market. The investment and development company, which has built its reputation on... Read More
One of the North-East’s biggest enterprise companies has relaunched its first office development outside its “home” county. Arch: The Northumberland Development Company was established by Northumberland County Council as an arms-length venture to... Read More
Richard Rogers, the architect of the City of London’s Cheesegrater, is reported to be considering moving his practice into the 735 ft office tower. According to a report in today’s Evening Standard, the architect is involved in discussions with... Read More
London-based Redefine International has sold ten of its regional assets — including Liverpool’s landmark Prudential Assurance Building— to an un-named buyer. The stock market-listed property investor, voted 2014 UK Real Estate Investment Trust of... Read More
Concerns voiced by David Cameron about the slow progress of an East Midlands enterprise zone have been allayed — by his own Chancellor. In the spring of 2011, the Alliance Boots site in Beeston, Nottingham, was awarded enterprise zone status by the... Read More
