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US embassy’s £50m VAT row
Posted on August 27th, 2009 No commentsBritish and US government’s square up over tax payments at new Battersea embassy
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McCabe to take 19.9% in Valad
Posted on August 27th, 2009 No commentsValad has agreed to restructure its outstanding A$60.7m (£31.2m) payment to Kevin McCabe for the purchase of his Scarborough Group two years ago.
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Harbert completes 2.1m sq ft deal with Segro
Posted on August 27th, 2009 No commentsHarbert European Real Estate Fund II has completed the purchase of four industrial estates from Segro for £103.75m.
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Baird on board for Crown Estate in Scotland
Posted on August 27th, 2009 No commentsScottish Borders’ farmer Gareth Baird has been appointed as the next Crown Estate Scottish Commissioner.
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Auditor warns on future of Battersea Power Station owner
Posted on August 27th, 2009 No commentsReal Estate Opportunities’ (REO) £1.6bn debt pile represents a ‘material uncertainty’ that the company can continue as a going concern, its directors and auditors said today.
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Matrix European receives takeover approach
Posted on August 27th, 2009 No commentsMatrix European Real Estate Investment Trust has received a takeover approach from a third party.
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GPT Group to start fund manager sale next month
Posted on August 27th, 2009 No commentsGPT Group will formally start the sale of its fund and asset management business GPT Halverton next month.
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City agent Olley leaves King Sturge for Strutts
Posted on August 27th, 2009 No commentsCity investment agent Jamie Olley is leaving King Sturge to join Strutt & Parker after leaving the firm five years ago.
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News International and LandSecs’ finalise deal
Posted on August 27th, 2009 No commentsNews International has taken 192,000 sq ft of space at Land Securities and The Cadillac Fairview Corporation’s Thomas More Square.
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Rugby Estates Investment Trust’s portfolio outperforms IPD
Posted on August 27th, 2009 No commentsRugby Estates Investment Trust outperformed the IPD All Property Monthly Index in the first half of the year with a portfolio valuation decline of just 5.3%.