Halifax Bank of Scotland was in exclusive talks to acquire Scottish Newcastle’s former brewery in Edinburgh for more than £100m to create a huge global headquarters for 6,000 staff.
Former British Land directors Andrew Jones, Valentine Beresford and Mark Stirling revealed plans to float specialist retail property investment firm Metric Property Investments on the London Stock Exchange.
CC Land exchanged contracts to buy the Leadenhall Building in the City of London for £1.15bn.
Capital Shopping Centres – now known as intu – was riding high on the announcement of its financial results for the previous year.
Resolution Property announced plans to offload its retail portfolio to fund an aggressive push into the tech and ecommerce sectors.
Legal General Property launched its own property development division, headed by fund manager Simon Wilkes.
A London Regional and Goldman Sachs JV property company was placed into administration following the collapse of Woolworths, which had closed its last store a week earlier.
Savills bought London investment specialist Gresham Down in a bid to bolster its commercial arm and capitalise on an influx of overseas capital at a time of “uncertainty around the eurozone”.
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