Hammerson has exchanged contracts to acquire the Victoria Quarter in Leeds for £136m to complement its plans for the first phase of the Eastgate Quarters scheme. This development is next to the Victoria Quarter, and the company says this purchase ... Read more
CBRE has acquired the highly regarded property investment company Franc Warwick. The team at Franc Warwick, led by Franco Sidoli, will be integrated into CBRE’s capital markets group and will have a particular focus on investment transactions, ... Read more
The uncertainty about future growth and stability is “clearly weighing on the minds of occupiers, developers and investors,” says Cushman & Wakefield in its latest property market research, noting that yields have continued to drift outwards in ... Read more
The pressures on retailers to reduce their supply chain costs and the changes in consumer markets are having an effect on their floorspace requirements when it comes to logistics property, as shown by a new survey of supply chain professionals ... Read more
New data from the Local Data Company highlights the regional differences in shop vacancies across the UK, with the average vacancy rate for London and the South at 12.7% while Wales, the Midlands and the North have an average of 18.5%, and Scotland ... Read more
In its most recent research into the UK commercial property market, DTZ has been looking at values for secondary property and has noted that they are falling more sharply than for prime property in all sectors. Since Q2 2007, secondary property ... Read more
Axa is to invest nearly £320m into the development of a new office property in King's Cross, according to the Times. The paper reports that Axa Real Estate has agreed to forward-fund the construction of the 11 storeys of office space at King's ... Read more
Jones Lang LaSalle does not expect normal patterns of speculative development completions to return to the European commercial property markets for the next five years. It notes in new research that the vast majority of new equity players and ... Read more
A thousand-acre residential building development and prospects for a million square metres of commercial property development in the Kent Thameside region moved closer yesterday. Plans for the first phase of the Ebbsfleet Valley scheme, between ... Read more
Hansteen Holdings says its strategy of buying high-yielding industrial properties at less than replacement cost with opportunities to add value, and managing them intensively via locally based management teams for income and value growth, “is an ... Read more
