A leading European investment fund has made its second UK acquisition with the £18m purchase of a City of London office block. AEW Europe — which bought 65-68 Leadenhall Street on behalf of its Europe Value Investors Fund (EVI) — has not named the... Read More
Starwood’s Luxury Collection, one of the fastest-growing luxury hospitality brands in the world, is to invest $300 million into the expansion and enhancement of its North American hotel portfolio. The Luxury Collection is investing in additions to... Read More
New York City’s tech sector will thrive in areas outside of Manhattan, according to the Spring 2015 Gotham Commercial Real Estate Monitor, a survey conducted by accounting firm Marks Paneth. More than 100 New York commercial property owners, as well... Read More
South Australia has pledged to phase out the stamp duty on commercial property sales over the next three years. Tom Koutsantonis, the Treasurer, stated that he was looking for a way to stimulate the business sector in the state, which has the highest... Read More
Britain’s third biggest hotel chain has confirmed it is pumping £100m into the expansion of its Scottish business. The programme will see Travelodge adding around 30 hotels to its portfolio north of the border and creating more than 500 jobs. News... Read More
The European real estate industry has expressed its concerns over draft guidelines from the European Banking Authority (EBA) which could limit how much banks can lend to real estate. The guidelines could also lead to real estate funds being inappropriately... Read More
Bridges Ventures has announced an early closure of its Bridges Property Alternatives Fund III after strong interest from European and US institutions. The company says it will apply gearing to its closing £212m commitment to give it a potential investment... Read More
The third and final phase of Birmingham’s Snowhill development — Three Snowhill — is expected to start this September after developer Ballymore Properties awarded the £90m contract to BAM Construction. BAM, the Dutch group behind the... Read More
After opening its first hotel in Birmingham’s Jewellery Quarter four years ago a pioneering hotel company has confirmed it is looking for a second site in the city. Bloc Hotels — which constructs its guest rooms off site before installing them in... Read More
Despite warnings that Liverpool’s office market is stuck in a “vicious circle” of a Grade A shortage and headline rents so low they are failing to attract development, a new report is claiming that by 2020 the city will be a “jobs hotspot” for the... Read More
