Monthly Archives: August 2015



LaSalle snaps up Kingsmead Business Park in £40m Deal

Posted on 4 August, 2015 by Cliff Goodwin under Commercial Sales and Lets

LaSalle Investment Management, one of the world's largest real estate investment managers, has acquired a Thames Valley business park for a client in a £40m off-market purchase from a special purpose vehicle controlled by Clearbell and Patron... Read More

Sculpture Installation marks Key Milestone in Frankfurt Office Complex Refurbishment

Posted on by Neil Bird under Worldwide Property News

AXA Real Estate Investment Managers has completed a key milestone in the refurbishment of a Frankfurt office complex, with the installation of the first seven-metre-high ‘Joyful Wave’ sculpture, flowing over 25 metres through the courtyard between the die... Read More

Land Securities completes 49,000 sq ft of lettings at Thomas More Square

Posted on 3 August, 2015 by Kirsten Kennedy under Industry News

Land Securities has let 49,000 sq ft of office space at Thomas More Square E1 following the completion of a large scale refurbishment at number 3 TMSq. Thomas More Square, E1 Leading charity St Mungo’s Broadway has taken up 20,000 sq ft of space on... Read More

Almacantar completes £550m Forward Purchase of Shell Centre Offices

Posted on by Neil Bird under Commercial Sales and Lets

Almacantar has completed the £550 million forward purchase of One and Two Southbank Place from Braeburn Estates, the joint venture between Canary Wharf Group and Qatari Diar, in the South Bank’s largest ever property transaction. Southbank Place is... Read More

Axa Real Estate’s Latest Debt Fund hits €2.9 billion at Final Close

Posted on by Kirsten Kennedy under Business News

Axa Real Estate Investment Managers has announced that the final close of its most recent pan-European real estate debt fund saw the firm raise a total of €2.9 billion, making it one of the largest Commercial Real Estate (CRE) senior loan funds in... Read More

Kennedy Wilson Europe appoints Head of European Asset Management

Posted on by Chris Grigorovsky under Industry News

Kennedy Wilson Europe, the investment manager of Kennedy Wilson Europe Real Estate Plc, has appointed Mike Pegler (pictured) as Head of European Asset Management (Ex Ireland). Peglar joins after a ten year stint at the global investment and advisory firm... Read More

Leading Art Gallery returns to St James’s after a Century in Mayfair

Posted on by Neil Bird under Top Properties

One of London’s oldest and most celebrated commercial art galleries will return to St James’s next year, a century after leaving Pall Mall for Mayfair. Colnaghi, which was established in 1760, will relocate from its current premises on Old Bond... Read More

European Property Investment Opportunities remain despite Falling Yields

Posted on by Cliff Goodwin under Industry News

Reports from two leading agencies both claim that strong investment activity is continuing to push down property yields across the majority of European markets. The progress made towards a new Greek bailout agreement has lessened the uncertainty although... Read More

Birmingham Office Market heading for Record Year

Posted on by Cliff Goodwin under Industry News

More than half-a-million square feet of Birmingham office space was let during the second quarter of 2015 — 75 per cent of the city’s average annual take up. The 521,136 sq ft return, reported by commercial, office and industrial agency Lambert... Read More

Valad Europe lets 9,000 sq m of Warehouse Space at Hamburg Billbrook

Posted on 2 August, 2015 by Jodee Redmond under Worldwide Property News

Leading diversified real estate investment manager Valad Europe has leased a total of 9,480 sq m (102,000 sq ft) of warehouse space at Kolumbusstraße 16 in Hamburg Billbrook, on behalf of its Valad European Income Fund. International logistics firm... Read More