Scarborough Muir Group Limited (SMG), a joint venture between Scarborough Group International and Muir Group, has announced today that it has received outline planning consent from Fife Council for its four acre commercial development site in Dalgety... Read More
As London’s vacancy rates hit a 14-year low, one of the capital’s leading commercial agents has warned that the recovering economy could push the supply of city offices even lower. This year’s second quarter returns show the London vacancy rate... Read More
Landowners and developers remain keen to press ahead with solar farm schemes in the South West despite mixed messages from the government, a national property consultancy reports. Robert Smith (pictured) of Bruton Knowles claims the Government has... Read More
British Land has announced that it has exchanged contracts for the sale of 39 Victoria Street SW1 to the Singaporean property company Ho Bee Land for a gross purchase price of £144 million, representing a net price of £139 million. The ten-storey... Read More
Industrial and logistics property specialist SEGRO, has released a first half report showing a pre-tax profit of £330 million, comparing favourably to the same period in 2014 when a sum of £226.5 million was achieved. A large part of this growth was... Read More
Kennedy Wilson Europe Real Estate (KWE) has completed the acquisition of nine South East offices from an affiliate of Apollo Global Management. The £211 million purchase, funded from the company’s cash resources, represents yield on cost of 8 per... Read More
Land Securities’ £400 million retail destination Trinity Leeds has become the first shopping centre in Europe to provide customers with a loyalty scheme enabled for Apple Watch and Apple Wallet. Since opening its doors in 2013, Trinity Leeds has... Read More
Legal & General Property has acquired the Birmingham headquarters of Mitchells & Butlers (M&B) from LaSalle Investment Management for £69.5million, reflecting a net initial yet of 3.94%. L&G's freehold purchase of the 95,000 sq ft Grade A... Read More
One of Europe’s leading real estate investment managers has made its first Dutch investment. The deal will also allow AEW Europe to develop the warehouse site at Helmond. The purchase — made on behalf of AEW’s LOGISTIS fund — includes a group... Read More
Axa Real Estate Investment Managers has completed the acquisition of a 35 per cent stake in western Germany’s largest shopping centre. The €231m (£164m) deal is Axa’s third retail complex joint venture in less than a year. The purchase of the... Read More
