Tag: Commercial Property Investment

Parkway Properties acquires Sunbelt Office Portfolio

Posted on 5 October, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Office REIT Parkway Properties has signed an agreement to purchase a 22-property portfolio of Class A assets located across six states in the Sunbelt region for $475 million. Once the transaction has been completed, Parkway is only planning to retain... Read More

Commercial Property Investment in Bulgaria jumps 60%

Posted on 4 October, 2014 by Jodee Redmond under Worldwide Property News

Real estate advisors Forton has released figures showing that commercial property investment in Bulgaria has soared by 60 per cent in the first nine months of 2014 to €98.7 million. According to Michaela Lashova, the firm’s managing partner,... Read More

Fledgling Property Investment Company acquires Lancaster Shopping Centre

Posted on 2 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

A seven-week-old property investment company has clinched its first deal with the £22m freehold purchase of Lancaster's Market Gate Shopping Centre. Launched in August by businessman Chris Beckerman, the Roubaix Group secured the purchase in an... Read More

Prologis Buys Second Heathrow Development Site

prologis buys second heathrow development site
Posted on by Cliff Goodwin under Commercial Sales and Lets

Less than seven days after it snapped up a six-acre parcel of land in West London the global logistics site owner Prologis has bought 30 acres next to Heathrow Airport. Late last month Prologis acquired the Venturis Park industrial estate, on Dawley... Read More

Selangor restricts Foreign Property Investment

Posted on 28 September, 2014 by Jodee Redmond under Worldwide Property News

Developers and property agents have been taken by surprise by a new set of guidelines governing property purchases by foreign individuals, foreign companies, and permanent residents in the Malaysian state of Selangor. The guidelines impose restrictions on... Read More

Joint Venture Partnership acquires Grade II Listed Birmingham Office Building

Posted on 27 September, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Birmingham office space is in demand at the moment, with Grade A supply forecast to hit an 11 year low. This makes the recent acquisition of 57-63 Church Street by a development duo a potentially profitable investment while the city waits for additional stock... Read More

Hammerson takes full ownership of Leicester Highcross Shopping Centre

Posted on 26 September, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Hammerson has taken full control of Leicester’s Highcross shopping centre, buying out its joint venture partner for a sum of £180 million. Highcross was built in 2008, at an initial cost of £350 million shared between Hammerson and BIS Company Ltd,... Read More

IM Properties tightens grip on M42 Corridor

Posted on by Cliff Goodwin under Commercial Sales and Lets

One of Britain’s largest privately owned property companies is reportedly in the final stages of negotiating the purchase of the 2 million sq ft Blythe Valley Park near Solihull. A number of industry sources are claiming that IM Properties — which... Read More

Buoyant Yorkshire Market is a “Land Of Opportunity”

Posted on 24 September, 2014 by Cliff Goodwin under Industry News

Less than three weeks after it announced the signing of two more tenants at its 70-acre Burnley Bridge Business Park, the Eshton Group says its expects to see its turnover top £10m by 2016. The Guisley-based developer — currently reporting a... Read More

Rapid Bristol Office turnover generates 9% Profit

Posted on by Cliff Goodwin under Commercial Sales and Lets

A Cheshire based property and investment company has notched up an impressive £4m profit from a rapid double office turnover. Equity Growth Partners (EGP) acquired the adjoining Grade A Bristol office buildings earlier this year from the receivers... Read More