Plans to redevelop a historic Cardiff building have been met with opposition from conservationists. Under proposals currently being discussed, the Grade II listed Coal Exchange will be largely gutted in order to accommodate flats, offices and a hotel. But... Read More
Lloyds Banking Group Plc has announced that it has agreed to sell a portfolio of European commercial real estate loans to MELF Sarl, an affiliate of Marathon Asset Management LP, as the group looks to lower its "non-core run-off portfolio." The... Read More
In a pioneering move for any Japanese company, electronics giant Hitachi has confirmed it is moving its global rail business to Britain. Consolidating both manufacturing and management in the UK should allow the train maker to boost its revenue by as much as... Read More
The three-way partnership behind the Brent Cross Cricklewood regeneration project say they are still searching for new investors despite a ministerial decision to delay the calling in of revised plans for the multi-billion pound north-west London... Read More
Initial ground work is expected to begin next month on a 250-acre innovation campus at Derby after the infrastructure specialist Balfour Beatty was named as the development’s roads contractor. Infinity Park will cost £200m to create and aims to... Read More
Birmingham city councillors have ordered wind tunnel test on the designs of a 15-storey office block despite unanimously backing the project as part a business district revival. The safety checks were agreed after concerns the building could funnel winds... Read More
2013 saw the highest pan-European commercial real estate investment volume since 2007 with approximately €141 billion was transacted. This amount represents a 21 per cent rise over 2012 figures, according to a recently-released investment bulletin from... Read More
This week, Reigate and Banstead Borough Council has announced it is to provide funding for a new hotel as part of Redhill, Surrey’s extensive regeneration programme. The local authority will join forces with Aviva and Sainsbury’s in the revival of the... Read More
While many sectors have begun to feel the beneficial impact of the gradually improving economy, pubs, breweries and distilleries around the country are still struggling. It is hoped that the measures taken in the budget will stem the flood of pub... Read More
According to the advisory company Forton, €130M is expected to be invested in the Bulgarian commercial property market this year. Last year, the country saw acquisitions worth €54M. This figure was 26 per cent higher than the previous year. The... Read More
