British Land has confirmed the letting of 36,000 sq ft of retail space at its Doncaster retail park. Both Next and Marks & Spencer Simply Food have agreed terms for units on the Wheatley Retail Park, joining retailers such as TK Maxx, Sports Direct and... Read More
Legal and General Property has confirmed its purchase of One Piccadilly Gardens in Manchester. The Grade A office building was sold for £75m and has tenants including Allianz Cornhill Insurance, Pizza Express, Caffe Nero and Pret a Manger contributing to a... Read More
The agents appointed to oversee the sale of the Gherkin are to embark on a global tour to meet the leading bidders for the City of London landmark, which entered administration in April. It is reported that over 200 potential bidders have emerged for... Read More
Less than 10 months before the Open Championship returns to the “Home of Golf” one of St Andrews’ most prestigious hotels has changed hands for more than £32m. Earlier this year the 209-room Fairmont Hotel was offered for sale at £37m with... Read More
A German investment fund has paid £74m for Auckland's landmark Lumley Centre office block in what is claimed to be New Zealand’s biggest commercial deal for more than six years. One of only five premium office towers in the North Island city, the... Read More
DTZ has published research revealing the top three most attractive commercial property markets for prime investment. The list is based on comparative property prices for each city in each of three markets: industrial, retail, and office. It lists the... Read More
The Greater Manchester Property Venture Fund (GMPVF) — a sub-fund of the largest local authority pension fund in the UK — has retained commercial property specialists GVA to manage its investments. The seven year extension, awarded to GVA after a... Read More
The Church of England has sold a majority stake in its 400-year-old Pollen Estate in the heart of London’s Mayfair to a partnership led by the Crown Estate. Financed by Norway’s state wealth fund, the Crown Estate’s £381m offer was enough to see... Read More
As regional activity continues to pick up within the commercial property market, areas which struggled during the recession are beginning to see a stronger level of investment. This has been the case in Yorkshire, where total commercial property investment... Read More
Sales of Melbourne commercial real estate have nearly doubled over the year to June, according to agents. During the last financial year, more than $6.6 billion in retail, industrial, and office transactions were finalized, compared with $3.77 billion... Read More
