Ediston Property Investment Company (EPIC) has announced that it has raised gross proceeds of £35.92 million pursuant to its Initial Placing for Subscription of Ordinary Shares at a price of 108 pence per share. A total of 33,263,931 shares will be... Read More
New research from JLL has revealed that office take-up in Glasgow city centre increased by nearly half in Q2 2015 compared to the same period in 2014. The findings show that city centre office take-up was 97,140 sq ft, while in Greater Glasgow and... Read More
Hammerson has announced that it has exchanged contracts to sell its interest in Grand Maine shopping centre located south west of Angers. The buyer is a leading French institutional investor, who has paid €63.2 million (£45.3 million) for the... Read More
A joint initiative involving Boston Properties, Rudin Development and WeWork is developing a new 675,000 sq ft scheme in Brooklyn Navy Yard, designed to meet the demand from the emerging creative and tech sectors. The $380 million project is being carried out... Read More
Businesses have taken 6.5 million sq ft of office space in London during the first half of 2015, with the majority of the take-up recorded in the City, according to DTZ. There was increased occupier activity across other sub markets, notably King’s... Read More
Intu Properties says only a single restaurant remains vacant in its £17m “through the night” extension to Gateshead’s Metrocentre. More than eight months ahead of completion 11 food and leisure units within the Qube have now been let. Contractor... Read More
After a four-month break in its 400-year-old history of serving alcohol to smugglers, pirates, sailors and an assortment of famous drinkers, one of Ireland’s oldest public houses re-opens today. Grace Neill's Bar, at Donaghadee in the County Down,... Read More
Preliminary data from Jones Lang Lasalle (JLL) shows that global real estate transaction volumes in Q2 remained unchanged year-on-year, despite Greece’s debt crisis and difficulties in the Chinese equity markets. Transaction volumes increased by 30... Read More
Selfridges has reportedly snapped up a £90 million property just a stone’s throw from its Oxford Street flagship store. According to the Evening Standard, businessman Galen Weston and his family, who are highly active within the Selfridges Group,... Read More
The CEO of German real estate company IVG Immobilien AG – the former joint owner of London’s Gherkin – has outlined plans to restore the firm’s capital market viability. A key element in the management’s strategy involves hiving-off of a... Read More
