Land Securities has today announced it has unconditionally agreed to purchase the leasehold interest in in a 1.9 acre site in the City of London for £16.5 million. The site, which currently comprises an unoccupied 1970s office building and a TfL... Read More
According to new research, China is set to become the largest retail market in the world by 2018, overtaking the United States. A joint report from PwC and Economist Intelligence Unit forecasts that the sales volume growth in China will be at 7.9 per... Read More
One of the UK's leading investment companies, Royal London Asset Management (RLAM), has let three industrial units in the largest leasehold deal in Merseyside in the last twelve months. The adjoining 210,000 sq ft Atlantic Park units have been let to... Read More
Work will get underway next month on a new £4m high-tech incubator hub for Sheffield's Advanced Manufacturing Park (AMP). The design and build contract is the second science-based scheme builder Britcon will start in as many months. Last month the... Read More
Scotland now represents the second largest investment region outside London. Last year commercial property deals north of the border surged by 82 per cent. But despite a survey by consultants Jones Lang LaSalle (JLL) claiming that a total of £3.2bn... Read More
Consumers are increasingly seeking a wider range of choice as the economy continues to improve, paving the way for upgrades to existing developments and regeneration projects for sites which have lain derelict for some time. In Preston, this will see the old... Read More
The drop in the value of the Canadian dollar has not curbed the appetite of Canadian commercial investors for property south of the border. According to a survey cited by the Financial Post, early results indicate that US$ 2.75 billion has already been... Read More
British Land has confirmed that the development of 4 Kingdom Street, a nine-storey office building on the Paddington Central campus, is now underway. Following the acquisition of the campus in July 2013, British Land commissioned architects Allies and... Read More
Competition for space in the UK’s major cities is becoming intense, with companies keen to expand yet often unable to find suitable premises due to a lack in supply. Fortunately, developers are continuing to channel investment into new builds – something... Read More
The Starwood-owned Irish property company, Gangkhar, is selling an historic Dublin police headquarters to Hibernia for €70m (£52m). The off-market deal is the investment trust's fourteenth — and its second biggest — acquisition since its 2013... Read More
