All articles by Sinead Cruise – Page 17
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KPMG in Canary Wharf relocation talks
Accountancy firm KPMG is planning to move most of its London staff from Midtown to Canary Wharf.
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St Modwen defeats rivals in clash for MoD land
St Modwen Properties and contractor Vinci have been chosen as the preferred bidder for the redevelopment of surplus Ministry of Defence land around London.
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Luminar in takeover spotlight
Leading property entrepreneurs Sir Tom Hunter, Nick Leslau and Robert Tchenguiz are considering a bid for bar and nightclub owner Luminar, it was revealed this morning.
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St Modwen wins nod for £75m Queens Market facelift
St Modwen today announced it had reached agreement with the London Borough of Newham for a controversial £75m overhaul of Queens Market at Upton Park, east London..
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Morley and CBRE launch global REIT fund
Morley Fund Management and CB Richard Ellis Global Real Estate Securities have teamed up to launch a fund to invest in global REITs.
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Anglo Irish Bank funds joint venture's European push
Pervaiz Naviede and Stenham's Numisma secures ¤500m to build continental portfolio
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Sainsbury's unlocks £2bn from property portfolio
Sainsbury's today announced plans to refinance its corporate debt and prop up its pension fund via a £2bn securitisation of half of its £7.1bn property portfolio.
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Cushman's low yields compensate for small sales
Lack of £1m-plus sales suggests market is maturing as auction-goers resist paying over the odds
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Wembley losses force Multiplex asset review
Multiplex may be forced to sell off some of its biggest UK assets because of escalating losses arising from the delayed Wembley project.
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Olympic body resumes hunt for development manager
The Olympic Delivery Authority today resumed its search for a development manager to oversee delivery of facilities for London's 2012 Olympic Games
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Sun Microsystems appoints JLL to manage global estate
Sun Microsystems today confirmed it had appointed Jones Lang LaSalle to manage its 17m sq ft (1.58m sq m) global property estate.
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Savills opens third German office in Munich
Savills has stepped up its presence in Germany by opening an office in Munich
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Aviva fund spends £171.6m in Eastern Europe
The Aviva Central European Property Fund today announced it had completed 250m (£171.6m) of acquisitions in the continental property investment hotspots of Hungary and the Czech Republic
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First global REITs fund for small investors to launch
New York fund manager Franklin Templeton to target professional private investors
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DevSecs joint venture submits Wimbledon scheme planning
Development Securities and joint venture partner Foinavon are set to submit a planning application for a 159,000 sq ft (14,771 sq m) mixed-use scheme in Wimbledon town centre
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HelioSlough to start work on 1.3m sq ft Lancs distribution hub
HelioSlough is poised to start work on a 1.3m sq ft (120,770 sq m) industrial and distribution hub in the north-west after acquiring a 13.2 acre (5.3 ha) site from BAE Systems.
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Entrepreneur wins right to develop Alexandra Palace
Firoz Kassam has won the right to redevelop Alexandra Palace, one of London's most famous historic landmarks.
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CBRE's profits increase three-fold to $217.3m
CB Richard Ellis, the world's biggest property services firm, enjoyed a three-fold increase in net profits last year thanks to the global appetite for property investment.