Pramerica Real Estate Investors has announced the first close of its Asia Property Fund (ASPF) III, after receiving €480 million in capital commitments, easily exceeding its initial fundraising target of €400 million. ASPF III is the third in a... Read More
A global investment company has cleared one of the biggest hurdles facing its £850m scheme to transform the heart of Edinburgh. The milestone development is the largest regeneration project currently underway in the UK. Despite opposition from... Read More
Commercial specialist Lambert Smith Hampton (LSH) has been hired to oversee the second round of property sell-offs by Newcastle City Council. Earlier this year the authority raised more than £10m from the disposal of unwanted land and buildings. In... Read More
Chinese investors were very active in the Australian commercial property market during the last quarter, pouring more than 25 per cent of total capital into the market, according to CBRE. Australia is proving popular with Chinese investors and there... Read More
London-based Citrus Group has unveiled plans for what it claims would be one of the biggest North-East commercial and industrial developments in more than a decade. The developer says the scheme — on a 180-acre site just off Junction 61 of the... Read More
An alliance of leading London property owners has today announced the launch of a unique initiative to promote green infrastructure in the capital. The Wild West End project, launched by The Crown Estate, Grosvenor Britain & Ireland, the Howard de... Read More
Following the Airport Commission’s recommendation for a third runway at Heathrow, Savills has forecast that the hotel sector will see demand rise by 42 per cent - equivalent to an additional 3,500 rooms. Savills also reports that the ten year average... Read More
Investment in the central London commercial property market could reach record-breaking levels this year, after first half volumes hit £9.4 billion. This figure has only been exceeded on two previous occasions, in 2004 and 2007, and easily surpasses... Read More
A further 47,021 sq ft has been let at The Shard following agreements with two new occupiers and the expansion of an existing tenancy. International law firm Greenberg Traurig, which operates in the UK as Greenberg Traurig Maher (GTM), is due to take... Read More
As prices continue to rise and supply falls ever further in London, international investors are increasingly finding it difficult to snap up prime properties in the UK capital. This, according to Collier’s International’s Midsummer Retail Report, is... Read More
