LATEST PROPERTY NEWS
US fund manager pays less than £53m asking price for office scheme
Legal & General Property’s UK Property Unit Trust has reached over £1bn, with £250m net inflows in 2013.
Get Living London’s chief executive was interviewed in depth by Property Week Podcast presenter James Max last week, revealing many of the intricacies of running East Village in Stratford, the UK’s biggest new private rented residential scheme.
Allsop presided over a record commercial sale this week, raising £77m over 134 lots.
M&G Real Estate has acquired a Sainsbury’s supermarket from Hermes Real Estate Investment Management for £77.94m.
Burger King has taken on five new stores as part of an aggressive growth strategy to open at 200 more locations in the next five years.
Court action against CBRE and its PR advisers must be decided before tribunal
A subsidiary of Oaktree Capital Management and Hines have together acquired a £20m office campus in Bracknell.
Harworth Estates has received planning permission for a 4m sq ft distribution and manufacturing space near Bolton.
Pension giant to fund speculative development of Silver Fin in its biggest regional deal
Berkeley Group has reported a rise of 5.3% in its net asset value per share to 1,062 pence since April, along with profits up 19.2% in its half year results.
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As the country pulls itself out of recession, the pressure is mounting on corporate companies to prove their worth to the wider populace. Felicity Francis investigates how the real estate industry is reporting its impact on and contribution to British society
Delancey is not, as has been suggested, doing away with the Elephant & Castle shopping centre as part of its purchase with Dutch pension fund APG.