Speculation is rising that property company, Corbo, is about to buy back Fairhill Shopping Centre — the Ballymena retail park its developer, Sam Morrison, lost control of during the financial crisis. Following the disposal of two other retail assets... Read More
Mayfair Capital Investment Management has announced an increase in the investment portfolio of its flagship fund, Property Income Trust for Charities (PITCH), after three acquisitions totalling £31.4 million, putting the portfolio value at £404 million.... Read More
Land Securities has secured three new lettings at its landmark New Ludgate development — taking the central London scheme to 92 per cent full. New Ludgate is made up of two distinct buildings, One and Two New Ludgate, and was completed in April. The... Read More
Office take-up in Sheffield has almost overtaken last year’s total letting figure, according to Lambert Smith Hampton. But, warns the property management company, there has been a “significant” fall in the number of second quarter Grade A deals.... Read More
Legal & General Property (LGP) has spent almost £160m in less than 24 hours to acquire a regional shopping centre and a west London office block. Adding the Grafton Centre in Cambridge and the capital’s First Central 200 (FC200) office complex to... Read More
The Crown Estate is one of the UK’s largest and most influential commercial property players, with assets throughout the country combining into a portfolio worth over £2 billion. However, the firm recently made the decision to rebalance this... Read More
Less than two months after a controversial expansion of Dalton Park was finally given the go-ahead, a global investment management company has bought the County Durham outlet centre for £38m in an off-market deal. Despite concerns over the potential... Read More
During the initial stages of the economic recovery, Britain’s manufacturing industry flourished due to a combination of strong overseas demand and an increasingly stable domestic market. However, Eurozone issues and importing issues within key markets have... Read More
An Israeli billionaire and gambling tycoon has paid up to £90m for a second chunk of one of London’s most famous market sites. In March, Teddy Sagi bought Camden Stables Market, on Chalk Farm Road, for £400m. He has now acquired Camden Lock Market... Read More
The Russian economy has been slowing down since the beginning of the year and is expected to continue to struggle over the next 12 months or so, according to a statement released by Capital Economics. The London-based research firm has said that it will be... Read More
