The owners of the Citigroup tower in London’s Docklands are to put the building up for sale with a price tag of more than £1bn, according to the Financial Times. The proceeds will be used to pay back the debt used by Glenn Maud and Derek Quinlan to ... Read more
Capital Shopping Centres today said it had made good progress since its interim results in August, saying its relationships with major retailers and its understanding of their retail space requirements had enabled the group to conclude a ... Read more
The Public Property Summit, run by PublicPropertyUK.com and Property Week, continues in London, with speakers today debating how public and private sector relationships can best be forged and how to overcome the obstacles to working together ... Read more
At the Public Property Summit being held today and tomorrow at London’s Business Design Centre, John McCready has laid out his plans for public-sector property vehicles across the UK in his keynote speech. McCready is head of the government’s ... Read more
GVA Grimley’s research on pipeline activity for the Scottish retail sector shows a total of 286 retail proposals in Scotland currently within the planning process, granted planning permission or under construction, compared with 208 proposals in the ... Read more
Despite a good take-up level for office space during Q3 2010, JLL has reported concern about future demand in its review of the Office Occupier Trends for the third quarter. After a promising start to the year, enquiries for UK office space continued ... Read more
Another deal has been struck to get a City skyscraper built – British Land has agreed heads of terms with Oxford Properties, the property arm of the Canadian OMERS fund group, to build the tower at Leadenhall in the City known as the Cheesegrater. ... Read more
More analysis today of the higher cost of the CRC Efficiency Scheme, as mentioned in Wednesday’s Spending Review. CBRE says the average participant in the scheme will now see a dramatic increase in costs, as the revenues from the sale of carbon ... Read more
It’s the day after the Spending Review and the analysis is beginning to emerge. The British Property Federation is among those noting that the forecast loss of 490,000 public-sector jobs will reduce demand for office space considerably in some areas. ... Read more
As the commercial property industry absorbs the detail of today’s Spending Review, we’re looking at the Commercial Development Activity Index from Savills, which shows that commercial development activity levels in September fell at the sharpest rate ... Read more
