Monthly Archives: May 2015



Channel Islands Property Fund adds to ‘enviable’ Portfolio

Posted on 17 May, 2015 by Cliff Goodwin under Commercial Sales and Lets

A specialist Channel Islands real estate investment company has added to its portfolio of landmark buildings with the purchase of a prestige Guernsey office block. Carey House — a 26,814 sq ft complex at Admiral Park — has been acquired by  the... Read More

Higher Bond Yields not slowing hot Aussie Commercial Property Market

Posted on by Jodee Redmond under Worldwide Property News

Australia’s low interest rates will continue to lead property investors to choose commercial real estate says the Financial Review. The forecast comes despite the speedy rise in bond yields over the past month and a large amount of offshore equity... Read More

Tesco to close last remaining Homeplus stores

Posted on 16 May, 2015 by Kirsten Kennedy under Business News

As Tesco continues to suffer from the fallout created by the supermarket price war and the write down in value of its UK property values, Chief Executive Dave Lewis has to make a series of increasingly tough decisions to return group finances to the black.... Read More

Auckland Commercial Property Market provides Better Yields than Resi investment

Posted on by Jodee Redmond under Worldwide Property News

Residential property prices have increased to such a degree in Auckland that the commercial property market has become an attractive alternative for small investors in New Zealand. Recent sales results reported from commercial real estate agency... Read More

SL Green’s New York Tower moves closer following ‘Unprecedented Deal’ with City

Posted on by Jodee Redmond under Worldwide Property News

SL Green Realty’s plans to build a 63-storey office tower across the street from  Grand Central Terminal is moving towards final approval, along with the rezoning of the Venderbilt Corridor, due to what has been referred to as an “unprecedented deal”... Read More

Recruitment Specialist confirmed as latest occupier at The Shard

Posted on 15 May, 2015 by Neil Bird under Top Properties

The owners of The Shard have confirmed that specialist recruitment and consulting services company Robert Half, is to take 20,200 sq ft of office space on Level 10 of the London Bridge Quarter skyscraper. The global company, which has a presence in... Read More

NFU Mutual buys Fitzrovia’s Old Fire Station in £21.6 million deal

Posted on by Cliff Goodwin under Commercial Sales and Lets

Following its recent purchases in Shoreditch and Farringdon the National Farmers Union Mutual Insurance Society has paid £21.6m for a third office building — this time in London’s Fitzrovia district. Acquired through the society’s subsidiary,... Read More

Interest high in Government-backed Lichfield Industrial Park

Posted on by Cliff Goodwin under Commercial Developments

The developer behind Staffordshire’s first industrial and warehouse park funded through an £82.2m Government growth deal has confirmed the project is on course for an October opening. Work on the flagship Liberty Park scheme at Lichfield started in... Read More

UBC doubles size of Fleet Serviced Office accommodation

Posted on by Chris Grigorovsky under Business News

UBCUK has announced that it is set to double its workspace accommodation by taking on a newly refurbished property at Ancells Business Park in Hampshire. The serviced office provider already operates the successful Sentinel House business centre on the... Read More

‘Black Spider Letters’ reveal Royal lobbying against Smithfield proposals

Posted on 14 May, 2015 by Kirsten Kennedy under Commercial Developments

The Prince of Wales’ opinions on contemporary architecture are well known, and have even given rise to the annual Carbuncle Cup which is awarded to the UK’s ugliest new building. However the so called “black spider letters” unveiled this week,... Read More