China Vanke Co., China’s biggest developer in terms of sales, has announced it has agreed to enter into a joint venture with Carlyle Group which will buy nine of the company’s commercial properties. Carlyle Asia Investment Advisors Ltd. (Carlyle)... Read More
Overseas investors have been flocking to Australia, resulting in an “unprecedented”60 per cent surge in capital entering the commercial property market. Foreign buyers have spent $5.9 billion in the last financial year, according to Savills... Read More
Manchester’s Chancery Place office building has been sold to NFU Mutual in a deal worth close to £60m. The 15-storey city centre tower, in the Upper King Street Conservation Area, was designed by award-winning HKR Architects and was completed in 2008.... Read More
Development Securities has acquired the Borough Parade shopping centre in Chippenham from a joint venture partnership between Clearbell Capital LLP and Tristan Capital Partners. Development Securities paid a little over of £16 million for the 87,000... Read More
Birmingham office property is in demand as the supply of top quality space sinks to its lowest level in over a decade. This has seen an increased amount of market activity as domestic and overseas investors compete for opportunities in the city as economic... Read More
A and J Mucklow — the largest Stock Exchange listed investment property company in the Midlands — has reported a 150 per cent surge in its annual profits. 81-year-old firm, which went public in 1962, has also seen the value of its portfolio... Read More
Investors pumped around £4 billion into the Central London office market during the second quarter of the year, according to figures from CBRE. Unsurprisingly, overseas buyers led the stampede, accounting for 69 per cent of total investment. Thirty... Read More
Private investors in the Canadian commercial property market outstripped the country’s big pension funds in the last quarter, overturning the prevailing trend of the previous quarter. In the first quarter of 2014, pension funds dominated the market,... Read More
The largest local authority pension fund in Britain has made its second multi-million pound commitment to expanding its commercial property portfolio in less than two weeks — taking its investment cash pot to more than £1bn. Earlier this month the... Read More
Hermes Real Estate has this week concluded the sale of its leisure asset on Stoke’s Festival Park to the Valad European Diversified Fund for £14.5 million. The new owner has gained a fully let 130,000 sq ft property within the larger Festival Park... Read More
