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The Universities Superannuation Scheme has pulled out of a deal to buy a 50% stake in the new Bath Southgate Shopping Centre for just under £115m.
Nick Capstick-Dale’s UK Real Estate has bought a site neighbouring his Lighthouse building in King’s Cross which will allow him to work up an extended 50,000 sq ft scheme.
The Metropolitan Police is planning a shake up of its retained property advisers, as it works to offload more than 3m sq ft of property over the next three years, PropertyWeek.com can reveal.
The UK’s largest independent agency has launched a new upmarket arm in response to demand from clients for a “niche” agent.
Executive managing director of CBRE Spain, Adolfo Ramírez-Escudero spoke to Property Week at Expo Real 2012 about the Spanish investment market and why he believes that an increase in the levels of volume is imminent.
DTZ has suggested that there is “mounting evidence of recovery” in UK property, driven by an increase in non-bank lending and also banks sorting out their balance sheets.
Net property investment still solid but unspectacular
Overseas capital has for a long time played a significant role in the key property markets of Europe, but rarely has it been as noticeable and important as it is today.
In the last few weeks, we have had strategic updates from all of the big food retailers and the shift in their attitude towards new stores has been marked.