Monthly Archives: May 2015



Madame Tussauds Building sold to Taiwanese Investor

Posted on 26 May, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Secure Income REIT has announced that it has exchanged contracts for the sale of the London property occupied by Madame Tussauds to Taiwanese investor Fubon Life, in a deal worth £332.5 million. Madame Tussauds has occupied the property for the past... Read More

Historic Norloch House provides a New Space for Whitespace

Posted on by Cliff Goodwin under Top Properties

One of Scotland’s fastest growing digital creative agencies has ended its two year search for a new home by signing up to take all of Edinburgh’s recently refurbished Norloch House, on a 10-year lease. The Millard Estates-owned classic Victorian... Read More

Property Market warned of EU “Neverendum” Dangers

Posted on by Cliff Goodwin under Business News

Within days of the Bank of England governor, Mark Carney, calling for an EU referendum to be held as soon as possible, one of Britain’s biggest property consultancies has warned that any delay “could leave a permanent cloud of uncertainty over the... Read More

Dubai Office Rents Stabilise

Posted on 25 May, 2015 by Jodee Redmond under Worldwide Property News

The first three months of 2015 have seen a period of stability for office rents in both Dubai’s prime and secondary markets, following a slowdown in the rate of increases during the last quarter of 2014. In its Spring 2015 Dubai Commercial Property... Read More

Cinema uncertainty raises Questions over Future of Oswestry scheme

Posted on by Kirsten Kennedy under Commercial Developments

As regional areas continue to gain an increased amount of interest from developers seeking space for retail and leisure complexes, cinema operators are engaging in renewed programmes of expansion which largely stalled in the early years of the recession.... Read More

Pembrokeshire Watersports Centre brought to the Market

Posted on by Cliff Goodwin under Commercial Sales and Lets

A Welsh council is selling off a watersports adventure centre as a potential development site because it claims the former Prince’s Trust complex is too expensive to run. Pembrokeshire County Council has now hired commercial property adviser,... Read More

Schroder snaps up Bedford Retail Park

Posted on 24 May, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Schroder Real Estate Investment Trust (REIT) has this week announced the acquisition of a top Bedford retail park. The REIT snapped up the freehold interest for St John’s Retail Park 1.5 miles south of Bedford town centre in a deal worth £31.8... Read More

Vancouver Real Estate Professionals downplay concerns over Foreign Investment

Posted on by Jodee Redmond under Worldwide Property News

Vancouver real estate developers and brokers are downplaying concerns over the purchase of Lower Mainland commercial properties by foreign investors. The concerns arose following a news story last month that the owner of a Vancouver property had... Read More

Tall Buildings are his Playground: James Kingston’s climb to the Top

Posted on 23 May, 2015 by Chris Grigorovsky under Uncategorised

Your stomach is doing somersaults. The cold metal freezes your hands as the wind blows through your every fibre. You've ascended to a height you never imagined you would reach, as you stare down at the world below, with the early morning sun beaming on you in... Read More

Foreign Capital fuels US Mega-Deals

Posted on by Jodee Redmond under Worldwide Property News

Savills recently reported that mega-deals in the European commercial property market are on the rise. Now a similar trend is emerging on the other side of the Atlantic according to Real Capital Analytics. Investment from around the world is flowing... Read More