Monthly Archives: July 2015



Second Quarter Retail Warehouse Transactions push H1 Volumes up 27%

Posted on 27 July, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Completed UK retail warehouse transactions in Q2 totalled £635 million - a 33 per cent increase on the second quarter last year, according to research conducted by DTZ. The latest investment activity takes the half-yearly total to over £1.3 billion, 27 per... Read More

Great Scotland Yard to be transformed into Luxury Hotel

Posted on by Kirsten Kennedy under Top Properties

London’s historic Great Scotland Yard is set to be transformed into a luxury hotel following a £110 million deal between Indian billionaire Yusuffali Kader and property developer Galliard Group. The Grade II listed building is undergoing a £50... Read More

London and Logistics continue to drive Helical Bar growth

Posted on by Cliff Goodwin under Business News

In what it described as a “competitive market” Helical Bar has let more than 46,000 sq ft of commercial space in the past 12 months. It has also secured offers on 47,500 sq ft at its London C-Space and The Bower schemes in little more than three months... Read More

MEPC lands Second Major High-Tech pre-let at Milton Park

Posted on by Cliff Goodwin under Business News

One of Europe’s largest business park owners has signed a pre-let deal to build the new UK headquarters of a North American ATM products and service provider. 155 Milton North - DC Payments' new office at MEPC Milton Park in Oxfordshire (CGI) Work is... Read More

Cromwell completes Canberra Office acquisition

Posted on 26 July, 2015 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Cromwell Funds Management has completed a second major acquisition on behalf of the Cromwell Direct Property Fund, with the purchase of a six-storey, Grade A office building in the Canberra for the sum of $16.8 million. The property is situated at 64... Read More

US Casino Operators betting on Development following Economic Recovery

Posted on by Jodee Redmond under Commercial Developments, Worldwide Property News

Now that the US economy has picked up following the global recession, casino development is once again on a roll. Several projects are under construction or in the pipeline across the country with a view cashing in on increased confidence. In Las... Read More

Hines and PPF acquire Moscow Metropolis assets

Posted on 25 July, 2015 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

The Hines Russia & Poland Fund (HPRF) and PPF Real Estate Holding B.V. have announced that they have jointly acquired the Metropolis Office Buildings I and III in Moscow. With this new acquisition, the partners own more than 56,000 leasable square... Read More

International Companies look to South Tyneside as North East Office Supply dwindles

Posted on by Cliff Goodwin under Business News

With two of the country’s biggest business parks on its doorstep, South Tyneside — the smallest of the former Tyne and Wear authorities — is holding its own when it comes to attracting international companies. 25 As the availability of North-East... Read More

FORE confirms £50.95m sale of Midtown development

Posted on 24 July, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Pan-European real estate investment club, FORE Partnership, has announced the £50.95 million sale of its speculative Midtown office development VIEW 58, which is currently being delivered with joint venture partners Kier Property. VIEW 58, at 58... Read More

Hunter swoops on High Barnet Shopping Centre

Posted on by Neil Bird under Commercial Sales and Lets

Hunter Real Estate Investment Managers has acquired The Spires Shopping Centre in High Barnet from The Pears Group, for an undisclosed price representing a net initial yield of 6 per cent. The acquisition was made on behalf of a North American institutional... Read More