All articles by Tim Danaher – Page 10
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Developers line up to bid '£300m' for Cutlers Gardens
Scottish Widows lead pack in battle for largest City investment transaction this year
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Former MEPC set to sell £260m of offices
Hermes and GE Capital-owned Leconport Estates sells up in Birmingham and Glasgow
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Dome faces countdown to closure within weeks
Sale terms mean the Millennium Dome must be ready for buyer s vacant possession on New Year s Day
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LandSecs lands One New Change for over £175m
LandSecs was picked this week for the tricky £175m redevelopment site next to Paternoster Square
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Inspector slams ‘greedy’ council
Confidential inquiry report criticises Bracknell for neglecting duties as £500m retail battle ends in farce
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Spitalfields scheme faces lengthy judicial review
Resident wins legal aid backing for claim that council should have carried out an environmental impact assessment
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City in planning gain plea to Ken
Corporation of London calls for mayor to adopt ‘rate card’ setting out clear rules for developers
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DEGI forced to drop £249m portfolio sale
A quiet summer and intense competition are blamed for the shortage of serious offers
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Hermes shuffles portfolio to accommodate MEPC deal
hermes has sold a £150m mixed portfolio to Kevin McGrath s REIT Asset Management as part of the restructuring of its property portfolio to accommodate the £1.9bn acquisition of MEPC . The fund, which in a joint venture with GE Capital took MEPC private in August, offered the ...
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Priest’s prayers answered
Mapeley moves out from the shadow of rival Trillium, with Revenue and Abbey deals.
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Reorganisation at DTZ
DTZ Holdings this week made two high-level appointments to its UK business divisions. Tim Hodgson, the managing director of DTZ s UK property advisory business, DTZ Debenham Tie Leung , is moving across to take charge of the firm s consultancy business, DTZ Pieda Consulting. He has been replaced ...
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MEPC sells to Brixton
Industrial specialist Brixton Estate continued its summer spending spree this week when it agreed to buy £103.25m of west London units from MEPC . The 57,780 sq m (622,000 sq ft) of space, which comprises the completed units at MEPC s Axis Park, Langley, is Brixton s second big ...
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Heron boss says skyscraper
Gerald Ronson this week committed Heron International to develop the City s first speculative skyscraper for more than 30 years. Ending conjecture about whether Heron would build the office tower at 106-126 Bishopsgate speculatively or wait for a pre-let, the developer said: If we get planning consent ...
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Andersen scraps Holborn move
Management consultant turns away from 15-year lease on former Daily Mirror London building
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Levi’s man rides to Liberty
MWB chief executive Richard Balfour-Lynn has begun the transformation of retailer Liberty by making two appointments to the board. David Stroud, a former adviser to Levi s, has been appointed as commercial director and Lesley Norris, a former MWB-consultant, has been appointed finance director at the 125-year-old Regent ...
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Global Switch builds £1bn of sites
Andy Ruhan, the Birmingham entrepreneur behind internet hotel business Global Switch, has revealed that nine additional international centres are under construction. The £1bn-plus development programme will create a network of facilities, prior to the company s flotation. Ruhan said: The flotation will probably be some time next year. The ...
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MORI ends Clifford’s tallest tower hopes for Southwark
Developer Malory Clifford s plans to build the world s tallest tower in Southwark ended this week after part of the site was let to pollster MORI. The Irish developer Hollybrook had been in talks to sell the 0.9 ha (2.3 acre) site for £12m in January to Clifford s ...
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Reit plots £450m push in unloved retail sector
Leo Noé manager looks for shopping centre acquisitions in best value secondary retail locations
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Deutsche Bank in City shake-up
Largest City occupier reviews European property holdings, with move to Canary Wharf on the cards
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Blackstone to raise £666m to buy up European property
Fifth fund to target investors in the US and Middle East in only six months as private equity giant sets up base in Mayfair
