Great Portland Estates: said that its end-June portfolio value fell 5.1% from the previous quarter, the slowest rate in a year as investor interest improved. The valuation of its properties as of June 30, 2009 was £1.03bn.
Great Capital Partnership has sold a building on Oxford Circus in London and re-geared leases along Piccadilly.
BP has leased a 50,000 sq ft property in Fitzrovia from flexible office space provider TOG (The Office Group).
Private equity real estate manager Meyer Bergman has appointed the former UK head of China’s largest residential developer as its new managing director for the UK and Ireland.
A prime office block in Reading has gone under offer to Oval Real Estate for roughly £43m.
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