Tag: Commercial Sales



Is Corbo About To Buy Back Fairhill Shopping Centre?

Posted on 1 September, 2015 by Cliff Goodwin under Business News, Commercial Sales and Lets

Speculation is rising that property company, Corbo, is about to buy back Fairhill Shopping Centre — the Ballymena retail park its developer, Sam Morrison, lost control of during the financial crisis. Following the disposal of two other retail assets... Read More

Mayfair Capital Breaks £400 Million in Charity Fund

Posted on 8 August, 2015 by Chris Grigorovsky under Business News, Commercial Sales and Lets

Mayfair Capital Investment Management has announced an increase in the investment portfolio of its flagship fund, Property Income Trust for Charities (PITCH), after three acquisitions totalling £31.4 million, putting the portfolio value at £404 million.... Read More

Land Securities Signs A Further 70,000 sq ft Of Lettings At New Ludgate

Posted on 7 August, 2015 by Cliff Goodwin under Commercial Sales and Lets

Land Securities has secured three new lettings at its landmark New Ludgate development — taking the central London scheme to 92 per cent full. New Ludgate is made up of two distinct buildings, One and Two New Ludgate, and was completed in April. The... Read More

Improving Conditions See Surge In Sheffield Office Market

Posted on 6 August, 2015 by Cliff Goodwin under Commercial Sales and Lets, Economy

Office take-up in Sheffield has almost overtaken last year’s total letting figure, according to Lambert Smith Hampton. But, warns the property management company, there has been a “significant” fall in the number of second quarter Grade A deals.... Read More

Latest Acquisitions Take Legal & General Property Spend to £372m

Posted on by Cliff Goodwin under Business News, Commercial Sales and Lets

Legal & General Property (LGP) has spent almost £160m in less than 24 hours to acquire a regional shopping centre and a west London office block. Adding the Grafton Centre in Cambridge and the capital’s First Central 200 (FC200) office complex to... Read More

St James’s House sold to Tesco Pension Fund

Posted on 16 June, 2015 by Kirsten Kennedy under Commercial Sales and Lets

The Crown Estate is one of the UK’s largest and most influential commercial property players, with assets throughout the country combining into a portfolio worth over £2 billion. However, the firm recently made the decision to rebalance this... Read More

TH Real Estate Snaps Up Its Fourth UK Outlet Mall

Posted on 15 June, 2015 by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

Less than two months after a controversial expansion of Dalton Park was finally given the go-ahead, a global investment management company has bought the County Durham outlet centre for £38m in an off-market deal. Despite concerns over the potential... Read More

Tata Steel to sell Long Products Division

tata steel to sell long products division
Posted on 18 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

During the initial stages of the economic recovery, Britain’s manufacturing industry flourished due to a combination of strong overseas demand and an increasingly stable domestic market. However, Eurozone issues and importing issues within key markets have... Read More

Israeli Billionaire Tightens His Grip on Camden Market

israeli billionaire tightens his grip on camden market
Posted on 17 October, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets

An Israeli billionaire and gambling tycoon has paid up to £90m for a second chunk of one of London’s most famous market sites. In March, Teddy Sagi bought Camden Stables Market, on Chalk Farm Road, for £400m. He has now acquired Camden Lock Market... Read More

Russian Commercial Property Market grows despite Economic Slowdown

Posted on 27 September, 2013 by Jodee Redmond under Worldwide Property News

The Russian economy has been slowing down since the beginning of the year and is expected to continue to struggle over the next 12 months or so, according to a statement released by Capital Economics. The London-based research firm has said that it will be... Read More