All Regions articles – Page 21
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West End chiefs make plea for Crossrail
Cutting or scrapping Crossrail would be “short sighted”, West End business leaders, including Marks Spencer chairman Sir Stuart Rose and chief executive of Great Portland Estates Toby Courtauld, have warned the government ahead of today’s emergency budget.
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Hammerson sells Docklands tower for £134m
Hammerson has sold Exchange Tower in London’s Docklands for £134m to MGPA’s Europe Fund III.
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Great Portland Estates buys 35 Portman Square
Great Portland Estates has bought an office in London’s West End at a net initial yield of 7.7%.
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AEW Europe buys Polish warehouses for €91m
AEW Europe has bought five warehouses in Poland from Panattoni Europe and Standard Life Investments for approximately €91m through its European Property Investors Special Opportunities fund.
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Ministry of Justice appoints Knight Frank for two sales
Knight Frank has been appointed by the Ministry of Justice to sell two office properties in London’s Victoria.
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Asian investors lead demand for London resi
Asian investors are leading international demand for residential investment property in central London and have spent a total of £761m over the past year, as they look for safe havens in the face of turbulent domestic markets.
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OnlinePyle joins McCready's six-strong Property Unit team
Former Land Securities director Robyn Pyle has joined John McCready’s team at the government’s Property Unit, which now has a six-strong team.
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Allianz to buy €176m stake in Hammerson Paris shopping centre
Allianz Real Estate has exchanged contracts to buy a 75% stake in Hammerson’s Espace Saint Quentin shopping centre in Paris in a deal worth €176m.
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Crossrail won’t be scaled back, says Hammond
Transport secretary Phillip Hammond has said the government is committed to providing the full £16bn of required funding for London’s Crossrail scheme.
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Boris reveals plans for London power grab
London mayor Boris Johnson has unveiled plans to reform development powers in London and take direct responsibility for the legacy of the 2012 London Olympics.
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Mark Burton joins Internos investment committee
Mark Burton, the veteran property banker and fund manager, has joined the investment committee of Internos Real Investors.
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TfL quits Shard as developers reach for the sky
Transport for London will no longer become the first office tenant at the Shard at London Bridge as the developers look to position the building at the “top end” of the London market.
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Klépierre sells three retail assets for €72.8m
French property company Klépierre has sold three retail assets as it seeks to dispose of €400m of property this year.
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BMB makes Contrarian acquisition
BMB Group, an investment firm founded by Asian entrepreneur Rayo Withanage and Brunei’s Prince Abdul Ali ’Yil-Kabier, has acquired Paris and Luxembourg- based Contrarian Capital Partners and its advisory subsidiary, Beacon Hospitality Partners, which are real estate advisers to Middle Eastern and Asian sovereign investors.
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OnlineGreen light for Doncaster Council’s 157,500 sq ft HQ
Plans have been approved for a 157,500 sq ft office building that is a key part of the proposed £300m Civic and Cultural Quarter in Doncaster.
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OnlineAlfa Laval regeneration gets go-ahead
Carlton Properties has been granted planning permission by the London Borough of Hounslow for a £100m regeneration scheme on the 4.6 acre Alfa Laval site in Brentford.
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Hong Kong residential site fetches £970m
Sun Hung Kai Properties, the world’s biggest developer by market value, paid HK$10.9bn (£970m) for a residential site at a public auction in Hong Kong, the highest price in Hong Kong since its property market peak in 1997.
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Auditor slates running of £12bn Welsh estate
Welsh public sector land and buildings are in poor condition, breach health and safety requirements, and fail on value for money, Wales’s public service watchdog has said.
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PWTV: DTZ's research heads on where the money is going in property
It is the time to invest in the majority of the markets both globally and in the UK, DTZ’s research gurus Tony McGough and Hans Vrensen told Property Week.
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