LATEST PROPERTY NEWS
Franklin Mutual Advisers has written to Songbird Estates’ board urging it to accept a £2.6bn takeover bid for the company or seek a higher offer from another party.
The Royal Bank of Scotland has sold a £210m residential portfolio to a US private equity firm in one of the UK’s largest ever PRS investment transactions.
The remaining commercial property loans from Dunfermline Building Society are to be put up for sale in a £350m portfolio in the New Year.
King’s Cross is close to securing a record rent of £80/sq ft, in a deal that will put the north London district on a par with some prime areas of the capital’s office market.
TIAA Henderson Real Estate has secured a £120m debt facility from Santander and ING on behalf of The Houndsditch Estate.
Property Week: Latest Issue
Review of the Year
The most outrageous gazump, the most embarrassing revelation, the worst name for a building and much more from the first six months of the year.
The Scottish referendum, guidelines over double dipping, the most eye-watering London office rent and other notable events of the last six months in property.
Our Open Plan campaign, the Smithfield Market saga, the silliest portfolio name and other issues that got the property industry talking in 2014.
On 5 January 2015 at 8am, the first spade will hit the ground at Helical Bar’s Barts Square scheme in the City of London.
This weekend I drove past the former Opal 1 building in Birmingham. The towering red-brick student housing block is now adorned with a Campus Living Villages flag, following the company’s purchase of one of the giant portfolios from the collapsed Opal Group last year.
2015 will see grade-A office demand outstrip supply in the capital.
Global real estate adviser Cushman & Wakefield teamed up with world renowned art and design institution Central Saint Martins to sponsor an innovative student project.