Former Hammerson chief executive and chairman Ron Spinney died aged 67.
The industry celebrated London’s successful bid to host the 2012 Olympics, which pushed the button on £3.9bn of development and paved the way for the regeneration of east London.
The Daily Mail sold its south London Canada Water printing works site to British Land in a deal reportedly worth £50m.
JLL launched a service showing “real-time video footage of auctions, posting the result seconds after the hammer goes down”.
Frasers Hospitality acquired Malmaison and Hotel du Vin for £363.4m in a move that doubled the size of its hotel business in Europe.
In one of the UK’s largest office pre-letting deals, oil services giant Aker pre-let 215,000 sq ft at Blackstone’s Chiswick Park development in West London.
The developer formerly known as Lend Lease and the Olympic Delivery Authority announced that construction work had started on the London 2012 Athletes’ Village in east London.
Marks Spencer announced plans to expand following a 31% increase in operating profits to £629m.
A portfolio of eight shopping centres known as Project Swallowtail was put up for sale by Abbey Group and Foyleside Group for £710m.
A trio of Schroder funds bought Bruntwood’s City Tower in Manchester for £132m. The deal reflected a net initial yield of 7%.
The National Landlords Association’s (NLA) raised concerns about the rental sector becoming commercialised.
Willow Corp secured a £68.5m loan to refinance Nobu’s first UK hotel in Shoreditch, east London.
Agencies including JLL and Cushman Wakefield cracked down on business travel to the Far East due to the outbreak of SARS.
The Federation of Small Businesses (FSB) urged the government to act as the effects of the foot-and-mouth epidemic spread beyond farming and tourism.
A consortium of investors led by real estate tycoon Robert Tchenguiz made a £1.5bn bid for supermarket chain Somerfield.
Developer Irvine Sellar gave a “cast iron” guarantee that his £350m plan for the skyscraper that would eventually be known as The Shard would not be altered or “dumbed down”.
Argent won planning consent for its £2bn regeneration of King’s Cross Central. The decision from Camden Council followed six years of negotiations and more than 11 planning applications.
Queensgate Investments’ Fund II acquired Generator Hostels from Patron Capital and Invesco Real Estate for €450m (£393m).
M S launched a £40m Lifestore outlet in Gateshead in an attempt to break into the homeware and furniture market.
HS2 selected Lendlease ahead of Argent Related and a JV between Canary Wharf Group and MTR Corporation as development partner for the £4bn Euston regeneration project, out of which the new train line will eventually run.
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