Tag: Commercial Property Investment



City Council puts Historic Birmingham Office Building Up For Sale

Posted on 10 July, 2014 by Cliff Goodwin under Commercial Sales and Lets

An historic Birmingham building, used for decades as civic and institutional offices, is being offered for sale as a commercial investment for the first time in its 120 year history. Louisa Ryland House — named after a major benefactor to Birmingham... Read More

REI steps off Acquisitions Trail to sell its own Headquarters

Posted on 9 July, 2014 by Cliff Goodwin under Commercial Sales and Lets

Real Estate Investors (REI) has sold its Birmingham headquarters in a £4.6m deal — exactly 30 days after the property group appointed a new head of acquisitions and disposals. Recruited from London’s Square Metre Properties where he was a senior... Read More

Cambridge is Regional Capital for Long-Term Property Investment

Posted on 8 July, 2014 by Cliff Goodwin under Top Properties

Cambridge has emerged as the clear winner in a new survey attempting to find the best long-term property investment location outside London. In its latest Market Differentials report, Legal & General Property’s (LGP) research team attempted to... Read More

Liverpool welcomes Property Professionals to the International Festival for Business

Posted on 1 July, 2014 by Jodee Redmond under Industry News

Property professionals attending the International Festival for Business, which opens today, will have the opportunity to take in three events over 36 hours. Scheduled speakers include Liz Peace, chief executive of the British Property Federation (BPF),... Read More

Canary Wharf Bonds fall to Lowest Level in Three Years over Redemption Loss Fears

Posted on 30 June, 2014 by Jodee Redmond under Business News

Bonds secured by commercial property in Canary Wharf have fallen to their lowest level in three years, Bloomberg reports. The fall is due to concerns that the debt may be bought back at a lower value than the market price. The £954.3m class A1... Read More

Commerzbank sells more than €5bn in Property Loans

Posted on 26 June, 2014 by Jodee Redmond under Worldwide Property News

Commerzbank has disposed of more than €5bn in property loans in Portugal, Spain, and Japan, as the global banking and financial services company continues to run down the assets in its "bad bank." The Frankfurt-based lender has announced that it... Read More

UBS Moving into Chinese Commercial Real Estate Market

Posted on 21 June, 2014 by Jodee Redmond under Worldwide Property News

UBS AG, the biggest bank in Switzerland, has plans for expanding its Chinese property investment business into the commercial property market. Investor demand is increasing in the office, retail, and industrial sectors, and the supply of assets is... Read More

Chinese Investor in talks over Canary Wharf Tower

Posted on 16 June, 2014 by Jodee Redmond under Commercial Sales and Lets

A state-owned Chinese insurance company is involved in discussions to buy the headquarters of the Clifford Chance law firm. This development is further evidence that London's commercial property market is firing on all cylinders. Funds controlled by... Read More

L & G invites offers on Coutts’ Strand Building

Posted on 30 May, 2014 by Cliff Goodwin under Commercial Sales and Lets

Legal and General is selling the London headquarters of one of the world’s oldest and most exclusive banks — just two months after acquiring its Strand offices in a £550m property portfolio deal. The sale of the Coutts & Co building at 440... Read More

Majority of Overseas Commercial Investment aimed outside Central London in Q1

Posted on 29 May, 2014 by Jodee Redmond under Commercial Sales and Lets

Data from CBRE shows that overseas commercial property investors are increasingly interested in the UK’s regional cities due to a lack of supply of prime stock in Central London. Close to three quarters (74 per cent) of overseas investment in the... Read More