Chesterton, which operates in the Gulf region out of Abu Dhabi, said that Dubai’s hard-hit market was forecast to grow at a rate of 4-6% a year until 2015, despite the economic challenges facing the emirate.
London-based real estate development and asset management firm W.RE has acquired Alexander House in Parsons Green, west London, in a redevelopment partnership with US private equity firm Taurus Investment Holdings.
Home REIT has announced that it has acquired an additional 199 properties for its portfolio for a price of £85.1m.
Plans have been revealed for an 800,000 sq ft City of London skyscraper that would be one of the UK’s tallest buildings.
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