Monthly Archives: July 2015



Fashion Emporium plans outlined following Grosvenor’s Pantechnicon letting

Posted on 7 July, 2015 by Kirsten Kennedy under Top Properties

Grosvenor has let the Pantechnicon building in Belgravia to Pantechnicon (London) Limited, whose owners plan to transform the property into an impressive “contemporary fashion emporium.” Dating back to 1830, the 12,000 sq ft Grade II listed... Read More

Bowmark Capital sells Las Iguanas to Casual Dining Group

Posted on by Kirsten Kennedy under Business News

Private equity firm Bowmark Capital has agreed to sell the UK’s leading Latin American restaurant chain, Las Iguanas, to the Casual Dining Group in a deal thought to be worth around £85 million. Casual Dining Group, the owner of the hugely... Read More

Land Securities completes First Office pre-let at Nova Victoria

Posted on by Chris Grigorovsky under Commercial Developments

Land Securities has completed the first office pre-let at its mixed use Nova, Victoria development 12 months ahead of completion. Global private equity investor Advent International is the first name on the occupier list, after signing a 15 year lease for... Read More

Irish Commercial Property Market heading for “Exceptional” Year

Posted on by Cliff Goodwin under Industry News

Although still €1.5bn (£10.6bn) behind its 2014 record, Ireland is expected to see around €3.5bn (£2.4bn) worth of commercial property assets change hands this year. According to a new survey from the global real estate services provider... Read More

Heal’s unveils Concept Showroom at Westbourne Grove Landmark

Posted on by Cliff Goodwin under Top Properties

Furniture retailer Heal’s — which started as a bed maker during the Napoleonic Wars — has opened a new concept showroom on London’s Westbourne Grove. Long established as a designer, manufacturer and retailer of modern and contemporary... Read More

Thackeray Estate boosts War Chest with Hammersmith Land Sale

Posted on by Cliff Goodwin under Commercial Sales and Lets

The Thackeray Estate says it will use the £16.25m it received from the sale of a Parsons Green site to fund several London acquisitions nearing completion. The asset manager and developer confirmed it has amassed a £300m war chest to expand its City... Read More

Capital & Regional reports Valuation Rise and Strong Operational Performance

Posted on 6 July, 2015 by Kirsten Kennedy under Business News

Capital & Regional, the UK focused Real Estate Investment Trust (REIT), has today issued a valuation update prior to the announcement of its half year results later in the summer, showing a rise in the valuation of its portfolio and a strong operational... Read More

Spicer Oppenheim and AECOM sign St Petersburg Agreement ahead of Russia 2018

Posted on by Neil Bird under Commercial Developments, Worldwide Property News

UK based property developer Spicer Oppenheim and strategic partner AECOM have finalised an agreement with the City of St Petersburg to deliver a major scheme to support the 2018 FIFA World Cup. Paul Jarvis, CEO of Spicer Oppenheim and Georgy Poltavchenko,... Read More

Sovereign Land adds to Retail and Leisure Mix in fast growing Corby

Posted on by Kirsten Kennedy under Business News

Retail and leisure developer and asset manager Sovereign Land, has announced a quartet of additions to the occupier line-up at Willow Place and Corby Town Shopping, which was acquired in March 2015 in a joint venture with Europa Capital. The first new... Read More

Is the City about to get a new Mega Tower?

Posted on by Chris Grigorovsky under Commercial Developments

Plans for the Square Mile’s tallest skyscraper have been submitted to the City of London Corporation, according to the Telegraph. At 997ft, the proposed office tower will fall just short of The Shard in terms of its height, making it the second tallest... Read More