Catalyst Capital, the European real estate and asset management company, has started work on the refurbishment of an historic Manchester city centre office block — once used by Winston Churchill for Second World War strategy meetings. London-based... Read More
Default rates on US commercial real estate loans that back complex bonds slipped to a six-year low in 2014, as a combination of lower borrowing costs and the economic recovery helped to keep the market afloat, the FT reports. Defaults on commercial... Read More
Two trading estates have been acquired by companies attempting to strengthen their Scottish portfolios. The deals — in the country’s national and industrial capitals — are worth more than £14m. In Edinburgh, Aviva Insurance has paid Prestonfield... Read More
While the economic performance of major cities such as London, Birmingham and Manchester makes the headlines, a new study has revealed that all three have been knocked down the ladder in terms of the number of overseas sales they accumulate. Instead, the... Read More
Commercial property investors are being advised to look towards the Indian market for a regular cash flow in 2015. The advice comes from JLL India’s Chairman and Country Head Anuj Puri who says that, while residential property may be over-valued in... Read More
Birmingham continues to attract an influx of upmarket brands in the leisure, retail and hospitality sectors, with the latest being celebrity chef Marco Pierre White. The TV chef will next month debut his Marco’s New York Italian brand at Birmingham... Read More
The combination of rapid urbanization and increased consumer spending power, Africa offers lucrative opportunities for investors looking to get exposure to both retail and office developments on the continent, Africa Property News reports. According to... Read More
A Curzon Capital Partners’ (CCP) fund — advised by Tristran Capital Partners — has paid £33m to take control of a trouble-hit south London shopping centre from the Co-operative Bank. Acquired in conjunction with shopping centre investor Ellandi,... Read More
In 2014, construction firms completed 600,000 sq ft of retail development in Central Florida, and national commercial real estate firm Marcus and Millichap anticipates that an additional 900,000 sq ft will be added by the end of this year. With... Read More
York planners are considering a scheme to convert an empty office block into an extension of the city’s only five-star hotel. The £15m two-year project would add another 107 bedrooms to the Grade II listed Grand Hotel & Spa — formerly the... Read More
