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St Martins has exchanged contracts to buy More London for around £1.7bn from London Bridge Holdings.
Great Portland Estates has sold 20 St James’s Street for £54.5m, reflecting a net initial yield of 2.1% and a capital value of £982/sq ft.
American student housing operator Greystar has pounced on a second student accommodation portfolio in the UK.
US hedge fund Varde Partners is close to buying a £65m portfolio of distressed assets from the Royal Bank of Scotland’s West Register division.
According to researched published by Mill Group, investors are channelling more money into residential investment, despite concerns that the
The first half of 2013 saw £19.33bn, an increase of 9.5% from the same period last year (£17.66bn).
The latest Cushman & Wakefield figures show UK prime yields fell 11 basis points last month as competition for assets intensified.
Delegates at this year’s IPD/IPF Property Investment Conference on 14-15 November at the Grand in Brighton, will be more optimistic about the future of the traditional spheres of commercial real estate, but that will not unwind the changes that have emerged in allocation since the downturn.